The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-10-27


imports, 1t shall be according 10 such directions
may be given by the Secretary Of the Treasury and
the extension Of the payment Of the old bond, the
taking OF new bond shall be by the respective collect
ors subject to other charge than such may be e
gay receivable the taking Of original bond, upon
the entry ofmerchandise
Sec. 2. And be IL further enacted, That fee shall
accrue 10 any district attorney any bond left with him
for collection, or in suit commenced any bond for
the renewal Of which provision is made by law unless
the party parties shall neglect apply for such
newa for more than twenty days after the maturity Of
such bond
Approved, Oct. IL, 1887
(Public.-No. 81
AN ACT to authorize the issuing Of Treasury notes,
Be Il enacted, DC, That the President Of the United
States is hereby authorised Treasury notes for
such sum or the exgencies Of the Government
may require, but not exceeding IN the whole amount oil
notes issued the of ten millions of dollars, and Of
denominations not less than fifty dollars for any
note to be prepared signed, and issued in the manner
hereinafter provided
Sec O. dad be IL further enacted That The said Trca-
sury notes. authorised be issued by the first section Of
this act shall be reimbursed and redeemed by the United
States at the Treasury thereof after the expiration of
year from the dates Of the said notes respective
ly from which said dates, for the OF year,
and no longer they shall bear such interest shall be
expressed upon the face Of the said notes which rate
Of interest upon each several OF the said notes.
shall be fixed by the Secretary Of the Treasury, by and
with the advice and appreciation Of the President; but
shall in exceed the OF interest OF SIX per
eenium per annum. The reimbursement herein pro-
vided for shall be made at tho Treasury OF the United
Stated the holders OF the said notes respectively
upon presentment, and shall include the principal OF
each note and the interest which may be due at the
time Of payment For this reimbursement, at the time
and times herein specified, the faith Of the United States
is hereby soemnly pledged.
Sec. 3. And be IL further enacted, That the said
Treasury notes shall be prepared under the direction Of
the Secretary Of the Treasury and shall be signed,
behalf Of the United States, by the Treasurer thereof
and countersigned by the Register Of the Treasury
and that those officers respectively shall checks upon
each other and to the public safety keep sepa-
rate, full, and accurate accounts Of the number date
denomination, and amount of all the notes signed and
countersigned by them respectively; which said
counts shall be carefully preserved and placed on file
in the Treasury Department and also similar accounts
kept and preserved in the same manner, OF all the said
notes redeemed the shall be returned and can
ceed and the Treasurer shall further quar-
erly for all such delivered him for signature
issue by the Register The Treasurer and Register of
the Treasury hereby authorised, by and with the
consent and appreciation Of the Secretary Of the Trea
sury to employ such additional temporary clerks the
duties enjoned upon them by this section may render
necessary Propided Said number shall not exceed
four, and with salary not more than at the Of
twelve hundred dollars to each per annum.
Sec. A. And be IL further enacted, That the Secre-
probation of the President the United States to
to be issued such portion of the said Treasury notes
the President may think expedient payment Of debts
due by the United States such public creditors
other persons may choose TO receive such notes in
payment, aforesaid, at par. And the Secretary Of
the Treasury further authorised, with the appreciation
Of the President of the United States to borrow, from
time TO tme not under par such the President
may think expedient, on the credit of such notes
Sec. s. And be it further enacted, That the said
ol.u -
sgnment endorsed thereon, by the person to whose
der the SHALL the face thereof have been made
payable.
Sec. 8. And be il further enacted, That the said
Treasury notes shall be received in payment Of all du
ties and laid by the authority of the United States
of all public lands sold by the said authority, and Of all
debts to the United States any character whatsoever,
which may be due and payable at the time when said
Treasury notes may be offered in payment And. on
every such payment credit shall be given for the amount
of the principal and interest which, on the day OF such
payment, may be due the note notes thus given in
payment.
Sec T. And be IL further enacied, That any person
making payment the United States in such Treasury
notes. into the hands Of any collector receiver public
moneys, other public officer agent SHALL books
kept according such forms shall be prescribed by
the Secretary Of the Treasury give duplicate certificates
OF the number and respective amount of principal and
interest Of each and every Treasury note thus paid by
such person and every collector receiver OF public mo-
ceive any OF the said Treasury payment shall,
payment Of the same receive credit both for prnc
pal and interest computed aforesaid which on the
day such last mentioned payment shall appear due
the note thus paid in, and he shall be charged
for the interest accrued such note or notes from the
day onwhich the same shall have been received by him
in payment aforesaid TO the day which the same
shall be paid BY him as aforesaid.
Sec. 8. AMI BEL further enacted, That the Secreta-
ry of the Treasury be- and he is hereby authorized and
ted IN IN he and the
pal and interest Of the Treasury which may be
issued by virtue Of this act the several time and times
when the same, according &c the provisions Of this act,
should thus be reimbursed aud paid, And the Secre-
tary further authorized make purchases OF the said
notes, at par for the Of principal and interest
due at the time Of purchase on such notes. And so
much OF any unapproprlated money in the Treasury
may he necessary for that purpose, hereby appro-
prated, for paying the principal and interest of said
notes. -
Sec. 0. And be IL further enacted, That sum not
exceeding twenty thousand dollars be paid of any
Incorporated money in the Treasury be- and the same
is hereby appropriated for delaying the expense ofprc
pairing printing, engraving, signing, and otherwise Incl
dent to the issuing Of the Treasury authorized by
this act,
Sec: 10. And be ii further enacted That If any per-
son shall falsely make, forge, or counterfeit
procure to be falsely made, forged countercied,
willingly aid or assist in falsely making forging,
terfeng any note, in imitation OF, purporting to be-
Treasury note aforesaid or shall falsely alter, or
cause or procure to be falsely altered, willingly aid
assist in falsely altering, any Treasury issued
aforesaid or shall pass, utter, publish attempt to
pass UTTER publish, true any false forged or coun
terfeted note purpoing he Treasury note as afore
said, knowing the to be falsely forged or counter
fetcd shall pass utter publish as true any false
y altered Treasury note, issued said knowing
the to be falsely altered, every such person shall
be deemed and adjudged guilty Of felony, and being
thereof convicted by due Of law, shall be sen.
fenced to be imprisoned and KEEP, hard labor for pc
rod less than nnrn Than Tan