AMONG THE requirements it is stipulated that the Secretary of the Treasury shall not be interested, directly or indirectly, in carrying on any business of trade or commerce, or own any interest in a sea-vessel; that he shall not purchase or own any public lands or public property, or be concerned in buying or selling government securities, whether of the United States or any State thereof, or profit by any negotiation or transaction relating to the business of his department, other than his legal allowances, under penalty of fine and removal from his office, and he 6hall further be incapable of holding any other office under the United States Government.

Every clerk in the department is also under similar restrictions and subject to similar penalties in a lighter degree.

The general duties of the Secretary require him, from time to time, to consider and prepare plans for the improvement and management of the national revenue and the support of the public credit; to superintend collection of the revenue; to prescribe the forms of keeping and rendering all public accounts and making proper returns; granting, under certain restrictions, all warrants for moneys to be issued from the Treasury in accordance with the laws of Congress; report to, or inform, either house of Congress, in person or in writing, respecting all matters referred to him by the Senate or House of Representatives, or which pertain to his office, and to perform such general duties relative to the national finances as he shall be directed, with considerable discretionary power: such as the collection of duties on imports and tonnage, under his superintendence. Whenever it is possible, he shall cause all accounts of the expenditure of public money to be settled within the fiscal year.

It is the duty of the Secretary of the Treasury to make and issue, from time to time, such instructions and regulations to the several collectors, receivers, depositaries, officers and others who may receive Treasury notes, United States notes, or other securities of the United States, and to those employed to prepare and issue such notes and securities, as he shall deem best to promote the convenience and security of the public, and protect the government or individuals against loss or fraud.

He prescribes forms of entries, oaths, bonds and other papers, with rules and regulations, in accordance with law, to be used in carrying out the various provisions of the internal revenue law, or the law relating to raising revenue from imported goods by duties or warehouse charges.

He prescribes such directions, rules, and forms to revenue collectors as are necessary for the proper observation of the law.

He prescribes the forms of the annual statements to Congress, which show the actual condition of commerce and navigation between the United States and foreign countries, or along the coasts between the collection districts of the government, in each year.

He, under the direction of the President, from time to time, establishes regulations to secure a just, faithful, and impartial appraisal of all goods, wares and merchandise imported into the United States, with proper entries of their true values and amounts.

When the revenue received at any port of the United States by collections does not amount to $10,000 a year, the Secretary may discontinue it as a port of delivery.

The Secretary of the Treasury is authorized to receive deposits of gold coin or bullion, by the Treasurer or Assistant-Treasurers of the United States, in sums of not less than $20, and issue certificates of deposit therefor of not less than $20 each; and these certificates shall be received in payment of public dues, as duties on imported goods, etc., the same as gold or bullion.

The Secretary may designate any recognized officer of the government as a disbursing agent, for the payment of all moneys appropriated for the construction of government buildings in the district to which such officer belongs.

When any person or corporation unjustly withholds from the government any moneys belonging to it, the Secretary may employ individuals (not exceeding three) to recover such moneys upon terms and conditions prescribed by himself; and the persons so employed receive no compensation except out of the moneys so recovered, and if they accept money or emolument for themselves from the persons from whom they attempt to recover said moneys, they become liable to fine and imprisonment by the government.