View all text of Subchapter III [§ 261 - § 266]
§ 261. Power to appoint traders with Indians
The Commissioner of Indian Affairs shall have the sole power and authority to appoint traders to the Indian tribes and to make such rules and regulations as he may deem just and proper specifying the kind and quantity of goods and the prices at which such goods shall be sold to the Indians.
(Aug. 15, 1876, ch. 289, § 5, 19 Stat. 200.)