TWENTY-SEVENTH CONGRESS. Sess. 1. Cn.25. 1841.
465
all sorts in bottles, twenty-two cents per gallon : Provided, That nohigher duty shall be charged under this act, or any existing law, on thered wines of Austria , than are now, or may be, by this act levied uponthe red wines of Spain , when said wines are imported in casks.
Sec. 5. And be it further enacted, That the act entitled “ An act torelease from duty, iron prepared for, and actually laid on railways orinclined planes,” approved fourteenth of July, eighteen hundred andthirty-two, be, and the same is hereby, repealed, and there shall be laid,collected, and paid, on such iron hereafter imported, a duty of twentyper centum ad valorem: Provided, That such repeal shall not operate,nor shall such duties be imposed on any railroad iron, which shall beimported under the provisions of the said act prior to the third day ofMarch, eighteen hundred and forty-three, and laid down on any railroador inclined planes of which the construction has been already com-menced, and which shall be necessary to complete the same.
Sec. 6. And be it further enacted, That nothing in this act con-tained, shall apply to goods shipped in a vessel bound to any port of theUnited States , actually having left her last port of lading eastward ofthe Cape of Good Hope, or beyond Cape Horn , prior to the first dayof August, eighteen hundred and forty-one.
Sec. 7. And be it further enacted, That all laws or parts of lawsinconsistent with this act are hereby repealed.
Approved, September 11, 1841.
Act 14th July,1832, ch. 250,relative to rail-road iron, re-pealed, &c.
Proviso.
This act not toapply to goodsshipped in cer-tain vessels.
Laws and partsof laws incon-sistent with thisact, repealed.
Chap. XXV. —Jin Act to repeal apart of the sixth section of the act, entitled “ Anact to provide for the support of the Military Academy of the United States forthe year eighteen hundred and thirty-eight, andfor other purposes,” passed Julyseventh, eighteen hundred and thirty-eight.
lie it enacted by the Senate and House of Representatives of theUnited States of America in Congress assembled, That so much of thesixth section of an act entitled, “ An act to provide for the support ofthe Military Academy of the United States for the year eighteen hun-dred and thirty-eight, and for other purposes,” as requires the Secretaryof the Treasury to invest the annual interest accruing on the invest-ment of the money arising from the bequest of the late James Smith-son, of London , in the stocks of States, be, and the same is hereby,repealed. And the Secretary of the Treasury shall, until Congress shall appropriate said accruing interest to the purposes prescribed bythe testator for the increase and diffusion of knowledge among men,invest said accruing interest in any stock of the United States bearinga rate of interest not less than five per centum per annum.
Sec. 2. And be it further enacted, That all other funds held in trustby the United States , and the annual interest accruing thereon, whennot otherwise required by treaty, shall in like manner be invested instocks of the United States , bearing a like rate of interest.
Sec. 3. And be it further enacted, That the three clerks, authorizedby the act of June twenty-third, eighteen hundred and thirty-six, “ toregulate the deposits of the public money,” be, and hereby are, directedto be retained and employed in the Treasury Department , as providedin said act, until the state of the public business becomes such that theirservices can conveniently be dispensed with.
Approved, September 11, 1841,
Statute I.Sept. 11,1841.
Act of July 7,1838, ch. 169.
That partthereof relativeto the invest-ment of the in- •terest on theSmithsonian bequest, repeal-ed.
Funds held intrust by U. S. &c. to be in-vested in U. S. stock.
Clerks author-ized by act of23d June 1836,ch. 115, to beretained.
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