TREASURY DEPARTMENT,
September 26, 1833

SIR: The Girard Bank has been selected by this department as the depository of the public money collected in Philadelphia and its vicinity; and the collector at Philadelphia will hand you the form of a contract proposed to be executed, with a copy of his instructions from this department.

In selecting your institution as one of the fiscal agents of the Government, I not only rely on its solidity and established character, as affording a sufficient guaranty for the safety of the public money intrusted to its keeping; but I confide also in its disposition to adopt the most liberal course, which circumstances will admit, towards other moneyed institutions generally, and particularly to those in the city of Philadelphia.

The deposites of public money will enable you to afford increased facilities to commerce, and to extend your accommodation to individuals; and as the duties which are payable to the Government arise from the business and enterprise of the merchants engaged in foreign trade, it is but reasonable that they should be preferred in the additional accommodation which the public deposites will enable your institution to give, whenever it can be done without injustice to the claims of other classes of the community.

I am, very respectfully,
Your obedient servant,
R. B. TANEY,
Secretary of Treasury.

To the PRESIDENT OF THE GIRARD BANK,
Philadelphia.