the vessel, goods and effects condemned, to be made at public auction, upon due notice by the marshal of the district in which the same shall be: and all expenses of condemnation and sale, being deducted from the proceeds, the part thereof which shall accrue to the United States, shall be paid into the public treasury, and the residue, and all allowances of salvage, as aforesaid, shall be distributed to, and among the officers and crews concerned therein, in the proportions which the President of the United States shall direct.
Sec. 4. Officers and crews of captured vessels, &c. to be confined. And be it further enacted, That it shall be lawful for the President of the United States, to cause the officers and crews of the vessels so captured and hostile persons found on board any vessel, which shall be re-captured, as aforesaid, to be confined in any place of safety within the United States, in such manner as he may think the public interest may require, and all marshals and other officers of the United States are hereby required to execute such orders as the President may issue for the said purpose.
Approved, June 28, 1798.
Statute Ⅱ.
[Obsolete.]
Chap. ⅬⅩⅢ.—An Act making an appropriation for the expenses incident to the new Regiment of Artillerists and Engineers, during the year one thousand seven hundred and ninety-eight.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the sum of eighty-eight thousand dollars be, and the same hereby is appropriated for the pay, subsistence, clothing, forage, bounties, quartermaster’s supplies, and all contingent expenses, during the year one thousand seven hundred and ninety-eight, of the regiment of artillerists and engineers to be raised for the service of the United States, pursuant to an act, intituled “An act to provide an additional regiment of artillerists and engineers:”1798, ch. 33. The said sum of eighty-eight thousand dollars to be paid out of any unappropriated money in the treasury of the United States.
Approved, June 28, 1798.
Statute Ⅱ.
Chap. ⅬⅩⅣ.—An Act supplementary to the act intituled “An act to provide an additional Armament for the further protection of the trade of the United States, and for other purposes.”
[Obsolete.]
The President may accept vessels offered on the credit of the U. States; whereupon be may cause evidence of the debt or obligation to be given therefor. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the President of the United States shall be, and he is hereby authorized to accept, in behalf of the United States, of the proposals of any persons who shall offer and undertake to complete, provide and deliver, to the use, and upon the credit of the United States, on terms, in his opinion, advantageous or convenient, any vessel or vessels, now building, or to be built within the United States, of a model and size which he shall approve, and armed and equipped, or suitable to be armed for the public service: and upon the delivery of the vessel or vessels, according to such proposals, or to the acceptance of the President of the United States, he may cause proper certificates, or other evidence of the debt or obligation of the United States incurred thereby, to be made and given at the treasury department, and which shall be there registered, to the use and benefit of the persons concerned: Provided,Limitation to twelve vessels. that not more than twelve vessels, in addition to those already authorized, shall and may be procured, by virtue hereof: And provided,No more than six per cent. to be allowed on credits. that not more than six per cent. per annum, shall be allowed for any credit which shall be given under this act. And all certificates of debt shall be redeemable at the will of Congress.