The Evansville journal. (Evansville, Ind.) 1834-184?, 1846-07-23

The following is the Treasury Note Bill as
passed the House Representatives on the
18th inst:
Be it enacted By the Senate and House
OF Representatives of the United States of
America, in Congress assembled, That the
Is IF lbs e4R s S Ssj d b IS
for such sum or sums as the exigencies of
the government may require, and in place
of such of the same as may be redeemed to
cause others to be issued, but not exceedin G
the sum of 100000 ofthis emission out
standing at any time, and TO be issued under
the Limitations and other provisions contain
ed in the act entitled San act TO authorize
the issue of treasury notes." approved the
18th Of October, 1887, except that the au-
thority hereby give TO issue treasury notes
shall expire at the end of one year from the
passage Of this act.
Sec. 2. And be it further enacted, That
the President, if in his opinion ii shall be the
interest of the United States so 10 do instead
of issuing the whole amount of treasury notes
authorized by the first section ofthis act, may
borrow on the credit oil the United States
such an amount of money as he may deem
proper, and issue therefor stock of the U. S.
for the sum thus borrowed in same form and
under the same restrictions, limitations, and
provisions as are contained in the act of Con-
gress, approved April ID, 1912, entitled IAN
act for the extension of the loan of 1871,
and for an addition of FIVE millions of dollars
thereto, and for allowing interest on treasury
notes DUE" Provided, hoWerer, That the
al. 4. IL
notes issued by virtue Of this act, shall not
in The whole, exceed thethe sum OF ten mil
lions of dollars: And PrOUided, further, That
no commission shall be allowed or paid for
the negotiation of the loan authorized by this
act; and also, that the said stock shall be re-
deemable at a period no, longer than ten
years from the issue thereof.
SEC. 3. And be 1t further enacted, That
the treasury notes and The stock issued under
the provisions of this act shall not bear
higher rate of interest than six per cent. per
annum, and no part thereof shall be disposed
Of at less than par.
SEC. 4. And be 1t further enacted, That
no compensation shall be made to any officer
whose salary is fixed by law, for preparing,
signing, oi issuing treasury notes; nor shall
any clerk be employed beyond the number
authorized by the act herein referred to-
Sec. 5. And be it further enacted, That
the sum of fifty thosuand dollars be and the
same is hereby, appropriated out ofany non-
ely in the treasury not otherwise appropriated
for the purpose of paying the amount Of GER
tain treasury notes which have been receiv-
ed or redeemed by any authorized officer of
The government and subsequently, purloined
or stolen and put into circulation without ev-
idence on their face their having been can
celIed TO the respective holder who may have
received the same or any of them for lull
consideration in the usual course of business
without notice or knowledge ofthe same hav-
ing been stolen or cancelled or altered and
without any circumstances, to cast suspicion
on the good faith or due caution with which
they may have received the same.