The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-04-27
TREAgRY DEPARTMENT,

April Is, 1872.
DuRsUANT to two several acts Of Congress,
i passed respectively the 2lst Of July, 1871 and
the 9Th of a. rl 1872 and under the authority ofhe
President of the United States, contained in a com
mission under his hands bearing even date herewith,
and directed to the Secretary of the Treasury,
NoTlcg is hereby given that proposals will be re-
cevrd by the Secretary Of the Treasury until the first
day of May next flom any person who may offer TO
loan to the United States the sum of Three Million
Five Hundred Thousand Dollars, or any part there
Of not less than five thousand dollars. The stock to
be issued for the money loaned will be in not
less than five hundred dollars and will bear inte-
rest of six per per annum, payable halt yearly
at the Treasury of the United States at such OF
Ito agencies shall be designated by the Secretary OF
the Treasury; and will be relmbursabe at the plea
sure OF the Government al any time after twenty
years from the first day Of January eighteen bundled
and forty three. .t.
The proposals must distinctly state the amount OF
money offered to be loaned, and the sum that will be
paid for each hundred dollars fstock.
The amount loanedis to be paid INTO the Treasury
Of the United States at Washington /; or the Phila-
dephia Bank or the Bank of Commerce, or the
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. c.. special depo it to the credit of
the Treasurer of the United States.
The amount which may be subscribed will be re-
CURED in instruments as follows, VIZ:
One third on the fifteenth day Of May next.
One.tnlTu on the INST DAY OF June next.
One. third on the first day OF July next.
But any person ubscrlbing 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. j.
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 at the rate of per per annum TO TIE
persons making the payments, and will indorse there
on the subsequent payments on account Of the seve-
raj instruments when made. The scrip certificates
will be assgnabe by Endorsement and delivery, and on
the completion of the payments certificates of stock
will be delivered by the Treasurer of the United
States or by the cashier Of the Bank where the pay
ments shall have been made
On failure of payment of any instalment the next
preceding instalment TO be forfeited.
The whole amount subscribed by any party may
be paid any time after the acceptance of his offer,
in anticipation of the required instruments, and GER
tifcates Of stock will thcreupon be issued orsuch
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 goods, wares and merchandise,
which may be imported into the United Staes-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
w. FORWARD,
Secretary Of The Treasury
u5rTo be published in the National Intelligencer,
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.