United States Statutes at Large/Volume 5/28th Congress/2nd Session/Resolution 14
No. 14. A Joint Resolution directing the Secretary of the Treasury, whenever any State shall have been or may be in default for the payment of interest or principal on investments in its stocks or bonds held by the United States in trust, to retain certain moneys to which such State is entitled for the purposes therein named.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,Amount due on State stocks held by U. S. in trust, to be withheld from the States under certain circumstances. That whenever any State shall have been or may be in default for the payment of interest or principal on investments in its stocks or bonds, held by the United States in trust, it shall be the duty of the Secretary of the Treasury to retain the whole, or so much thereof as may be necessary, of the per centage to which such State may be entitled, of the proceeds of the sales of the public lands within its limits, and apply the same to the payment of said interest or principal, or to the reimbursement of any sums of money expended by the United States for that purpose.
Approved, March 3, 1845.