Sponsor: CAMBRELENG, Churchill Caldom (D-NY)
Description: TO AGREE TO THE SENATE AMENDMENT TO THE HOUSE AMENDMENT TO S. 4, (APP. 10/14/1837), A BILL TO ADJUST THE REMAINING CLAIMS UPON THE LATE DEPOSIT BANKS, SO AS TO PROVIDE THAT BECAUSE OF NEGLECT BY THE SAID BANKS TO ANSWER THE DRAFTS OR REQUISITIONS MADE ON THEM BY THE SECRETARY OF THE TREASURY, THEY SHALL BE CONSIDERED IN DEFAULT AND INTEREST SHALL BE CHARGED AT A RATE OF SIX PERCENT.
Original source documents: Congresional Globe vol. -1, p. -1; House Journal vol. 31, p. 203;