United States Statutes at Large/Volume 1/3rd Congress/1st Session/Chapter 46
President of U. S. may cause ten vessels to be built.Section 1. 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 be, and he is hereby authorized, during the recess of the present Congress, if the same shall appear to him necessary for the protection of the United States, to cause a number of vessels, not exceeding ten, to be built or purchased, and to be fitted out,How to be fitted out, manned, &c. manned, armed and equipped as galleys or otherwise in the service of the United States, the officers and men to be on the same pay,Pay and subsistence. and to receive the same subsistence as officers of the same rank and men are entitled to, in the navy of the United States.
President to appoint the officers, &c.Sec. 2. And be it further enacted, That the said officers shall be appointed, and commissioned by the President of the United States, and the said galleys or vessels be stationed in such parts of the United States, as he may direct.
Appropriation therefor.Sec. 3. And be it further enacted, That there be appropriated for the purpose aforesaid, the sum of eighty thousand dollars to be paid out of the proceeds of any revenue of the United States, which now are, or hereafter during the present session shall be provided, not being otherwise appropriated. President authorized to borrow $80,000.And that the President of the United States be authorized to take on loan of the Bank of the United States; or of any other body politic or corporate, person or persons, the said sum of eighty thousand dollars, to be reimbursed, principal and interest, out of the said proceeds, appropriated as aforesaid, according to such contract or contracts, which shall be made concerning the same.
Approved, June 5, 1794.