The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-04-28
TREAEnY DErARTMENT,

PURSUANT TO two several acts Of Congress
Il passed respectively the 2lst Of July, lo4i, and
the 18th Of April 1872 and under the authority ofthe
President Of the United States, contained in com
mission under his hands bearing even date herewith,
and directed 10 the Secretary Of the Treasury,
NOTICE is hereby given that proposals will be re-
ceyca by the Secretary OF the Treasury until the rst
day Of May next hom any person who may ofer TO
loan 10 the u ned States the sum OF Three Million
Five Hundred Thou-and Dollars, or any part there
of not less than live thousand dollars. The stock 10
be issued for the money loaned will be IN sums not
less than five hundred dollars, and will bear an ne-
of six per cenum per annum payable haii yearly
at the Treasury of the United States, OF al such OF
ito agencies as shall be designated by the Secretary Of
the Treasury and will be reimbulsable at the plea
sure of the Government at any time after twenty
years from the irst day of January, eighteen hundred
and furty-lhree
money offered to be loaned, and the sum that will be
paid for each hundred dollars ofstock.
The amount loaned is TO be paid INTO the Treasury
Of the United States, at Washington or the PhIla
delphia Bank or the Bank OF Commerce, or me
Bank Of America in New York or the Merchants
Bank in Boston; the Bank of Virginia, at Rich
mond or the Southwestern Rail Road Bank, at
Charleston S. Co. special deposit TO the credit of
the Treasurer OF the United States.
The amount which may be subscribed, will be re-
quired in instruments, as follows, VIZ:
One third on the fifteenth day OF May next.
One third on the fist day Of June next.
One third on the first day Of July next.
But any person subscribing may pay any larger
amount at his option.
The Department reserves The right of accepting
such proposals only as shall be deemed advantageous
TO the Government.
The cashiers OF the several Banks where the pay
mens shall be made and the Treasurer of the United
States will respectively, issue scrip certificates bearing
interest the of six per cent per annum, TO TIE
persons making the payments and Will indorse there
on the subsequent pay men on account OF the seve-
| raj lnstalments when made. he scrip certificates
will be assignable by Endorsement and delivery and on
the completion of the payments, certificates OF stock
will be delivered by the Treasurer Of the. United
States by the cashier Of the Bank where the pay
| ments shall have been made.
| On failure of payment of any instalment the next
| preceding nstalment TO be forfeited
The whole amount subscribed by any party may
be paid at any time after the acceptance OF his oter,
in anticipation of the required instruments and GER
tfcates of stock will hereupon be issued for such
amount
The stock to be thus issued will be transferable by
| Endorsement and delivery and the half yearly pay
ment Of its interest and the eventual reimbursement
Of its principal will be charged upon the moneys
arising from duties on goods, wares and merchandise
| which may be imported into the United States--so
much thereof as shall be equal to the payment from
time to time of the interest and the ultimate redemp
ton of the principal Of said stock being pledged and
expressly appropriated for these purposes by the ACT
of the fifteenth of April aforesaid and by the same
act made applicable, in the first instance, by the Sec
rotary of the Treasury, to such payments and re-
! demption.
Secretary Of the Treasury.
I5PTo be published in the National lntelgencer,
Baltimore Sun, American Sentinel New York Com
mercial Advertiser, Boston Atlas, Portland Advert
ser, New Haven Palladium, Hartford Patriot and
Eagle, Norfolk Beacon, Southern Patriot
April l9--tlMay