8d.  The  bill  provides  the  '*  manner  and
terms  "  on  which  the  banks  selected  are  to  be
employed.
They  are,  Ist.  To  credit  the  Treasury  for  all
deposits  as  specie.
2d.  To  pay  all  checks,  warrants,  or  drafts,
drawn  on  such  deposits,  in  specie,  if  required
by  the  holder  thereof.
dd.  To  pay  its  notes  and  bills  in  specie  on
demand.
.  4th.  To  furnish  the  Gk)vemment  the  neces-
sary facilities  for  transferring  the  public  funds
from  place  to  place  within  the  United  States
and  the  Territories  thereof  and  for  distribut-
ing the  same  in  the  payment  of  the  public
creditors,  without  charging  commissions  or
claiming  allowance  on  account  of  difference  of
exchange.
5th.  That  no  bank  selected  as  a  depository
of  the  public  money,  shall,  after  the  8d  of
Harch,  1886,  issue  or  use  any  note  or  bill  of
less  denomination  than  five  dollars.
