TREASURY1. The place where treasure is kept the office of a treasurer2. The term is more usually applied3 to the public than to a private treasury. Vide Department of the Treasury o the United States.
TREATY, international law. A treaty is a compact made between two or more independent nations with a view to the public welfare treaties are for a perpetuity, or for a considerable time. Those matters which are accomplished4 by a single act, and are at once perfected in their execution, are called agreements, conventions and pactions.
2. On the part of the United States, treaties are made by the president, by and with the consent of the senate, provided two-thirds of the senators present concur5. Const. article 2, s. 2, n. 2.
3. No state shall enter into any treaty, alliance or confederation; Const. art. 1, s. 10, n. 1; nor shall any state, without the consent of congress, enter into any agreement or compact with another state, or with a foreign power. Id. art. 1, see. 10, n. 2; 3 Story on the Const. §1395.
4. A treaty is declared to be the supreme6 law of the land, and is therefore obligatory7 on courts; 1 Cranch, R. 103; 1 Wash. C. C. R. 322 1 Paine, 55; whenever it operates of itself without the aid of a legislative8 provision; but when the terms of the stipulation9 import a contract, and either of the parties engages to perform a particular act, the treaty addresses itself to the polit-ical, not the judicial10 department, and the legislature must execute the contract before it can become a rule of the court. 2 Pet. S. C. Rep. 814. Vide Story on the Constitut. Index, h. t.; Serg. Constit. Law, Index, h. t.; 4 Hall's Law Journal, 461; 6 Wheat. 161: 3 Dall. 199; 1 Kent, Comm. 165, 284.
5. Treaties are divided into personal and real. The personal relate exclusively to the persons of the contracting parties, such as family alliances, and treaties guarantying the throne to a particular sovereign and his family. As they relate to the persons they expire of course on the death of the sov-ereign or the extinction11 of his family. Real treaties relate solely12 to the subject-matters of the convention, independently of the persons of the contracting parties, and continue to bind13 the state, although there may be changes in its constitution, or in the persons of its rulers. Vattel, Law of Nat. b. 2, c. 12, 183-197.