The Sun.
London, England, 1862-02-07 00:00:00

WEIGHTS FOR THE
STEEPLI

st lb
Jerusalem ll 12
Freshman*
Bantam ll 9
Heads or Tails ll 4
Northern Light
Willoughby
Johnny . ll 0
Elff=paff....
Escape
Comet
Corkscrew lO 4
Glautius
Broomstick . 10 4

THE NEW AMERICAN CURRENCY BILL

The Committee of Ways and Means has reported
to Congress on the following National Loan and
Currency Bill :

" The bill reported from the Committee of Ways
and Means provides that, for temporary purposes,
the Secretary of the Treasury is authorised to
issue, on the credit of the United States,
100,000,000 dols. of United States notes, not bearing
interest, payable on bearer, at the Treasury or at
the office of the Assistant Treasurer in New York,
at the pleasure of the United States, and of such
denominations as he may deem expedient, not
less than five dollars each ; and such notes, and
all other United States notes payable on de-
mand, not bearing interest, heretofore authorised,
shall be receivable for all debts and demands due
to the United States, and for all salaries, debts, and
demands owing by the United States to individuals,
corporations, and associations within the United
States ; and shall also be lawful money and a legal
tender in payment of all debts, public and private,
within the United States ; and any holder of said
United States notes depositing any sum not less
than 50 dols., or other than a multiple, with the
Treasurer of the United States, or either of the As-
sistant-Treasurers, or either of the designated depo-
sitories at Cincinnati or Baltimore, shall receive in
exchange therefor duplicate certificates of deposit,
one of which may be transmitted to the Secretary of
the Treasury, who shall thereupon issue to the holder
an equal amount in bonds of the United States,
coupon or registered, as may be desired, bearing
interest at the rate of 6 per cent., and redeemable
at the pleasure of the Government after 20 years
from date, or in sums not less than 25 dols. for
which, if requested, the Secretary may issue similar
bonds, the principal and interest of which may be
expressed in currency of any foreign country, and
payable there • and such United States notes shall
be received the same as coin, at their par value, in
payment for any bonds that may be hereafter nego-
tiated by the Secretary of the Treasury, and be re-
issued from time to time as the exigencies of the
public service may require.
" epnirianytebd
eo
issued
uh
ee
dbaucnkdoefr thete Upnr iot
ve
Statesd
hneroe shallwhichtes
sions of this act the following words ;---‘ The within
l
note is a legal tender in payment of all debts, public
and private, and is exchangeable for bonds of the
United States bearing six per cent. interest.
" To enable the Secretary of the Treasury to fund
the Treasury notes and floating debt of the United
States, he is authorised to issue, on the credit of
the United States, coupon bonds or registered bonds
to an amount not exceeding 500,000,000 dols,, and
redeemable at the pleasure of the Government after
twenty years from date, and bearing interest at the
rate of 6 per cent. per annum, payable semi-annu-
ally ; and the bonds authorised shall be of such
denomination, not less than 50 dols., as may be
determined upon by the Secretary of the Treasury,
or in sums not less than 2,500 dols., for which,
if required, the Secretary, if he deems it ex-
pediment, may issue similar bonds, the :principal
and interest of which may be expressed in the cur-
rency of any foreign country, and payable there...
" The Secretary is authorised to issue the said
bonds at their par value to any creditor or creditors
of the United States who may elect to receive them
that t
aud
in satisfaction of their demands, provided all
such claims or demands shall have beenofirs
facer ofited the
and settled by the proper accounting
Treasury.
may also
ex..
" The Secretary of the Treasuryo
Treasury
money
notes
of the
change such bonds at any time
of the United States, or any
I
that have been or may be issued under. any former
act of Congress, or that may be issued under the
provisions of this act.
" The United States notes and bonds authorised
by this act, or that have be, en heretofore authorised,
shall be signed by the treasurer of the United
States, or for the Treasurer, by such persons, and
shall be countersigned by the Registrar of the
Secretary of the Treasury may specifically
Treasury, or for the Registrar, by such persons as
the
appoint for such purpose; and all the provisions of
' ap
the act entitled An
roAct to authorise the issue of
Treasury
p ved on the 22d day of De-
cember,l.Bs7, so far as they can be applied to this
act, and not inconsistent therewith, are revised and
re-enacted, and the sum of 300,000 dollars is appro-
priated to enable the Secretary of the Treasury to
carry this act into effect."

LONDON AND SOUTH WESTERN RAILWAY DITI-
DEND.—The directors of this company have resolved to
recommend to the proprietors at the general meeting, on
the 22d inst„ that the dividend for the half-year ending
31st December, 1861, be at the rate of 5k per cent. per
annum on the capital of the company.