The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-17


tenant Edward c. Anderson; Master, Henry Rogers
Surgeon, Lewis w. Minor Purser, John +. Steele
Acting Surgeon, Washington sherman Chief Engineer
VIM Sewall, Jr Professor of Mathematics, Mark II
Beecher; Passed Midshpmen Alphonso Barbot tsbsent
in prize vesseh and A. Dallas MidshPmen Thomas
Adrien Dresd ond (; Commodore's Clerk, William F
Perry.
The Treasury Note and Loan Bill.
ABlLL authorsing the issue Treasury Notes. Loan.
and for other purposes
States hereby authorised to Treasury notes for
such sum or sums as the exgencies OF the government
may require, but not exceeding in the whole amount of
notes issued the otweny three millions of dollars,
and OF denominations not less than hty dollars for any
mote, 10 be prepared, signed and issued in the man
ner hereinafter provided.
Sec. And be further enacted That the said Trea
suy notes authorised TO be issued by the first section OF
this act shall be reimbursed and redeemed by the United
States the Treasury thereof the expiration
two from the dates of notes respect
ivey from which said dates they shall bear such nte
rest until they shall be respectively redeemed, shall
be expressed Jon of the said notes. which
OF interest upon each several issue OF the said notes
with the advice and appreciation Of the President; but
shall in no ase exceed the rate OF interest oil six per
centum per annum Provided That such interest shall
the expiration Of sixty days notice. to be gwen
at any time by the Secretary Of the Treasury in one or
OF the principal papers published at the seat OF go
vernment of readiness to redeem the same. The re-
mbursemen Mt herein provided for shall be made at the
Treasury Of the United States to the holders of the said
the principal Of each note, and tho interest which may
he due thereon at the time OF payment For this re i'm
!
Sec g. And be it further enacted That the said Trea
Secretary of the Treasury and shall be sigred on be-
half of tho United States by the Treasurer thereof and
that those officers respective ely shall checks upon
zach other, and to secure the public safety keep sepa'
omnaon and amount Of ali the notes signed and coun
tersigned by them respectively which said shall
II S or 10 s for s
parment and also similar accounts kept and preserved
In the of all the said notes redeemed the
shall be returned and canoeed and the Treasurer
shall further account quarterly, for all such notes de-
vered to him for signature or issue by the Register
The Treasurer and Register of the Treasury hereby
authorized by and with the consent and appreciation OF
the Secretary of the Treasury to employ such additional
this section may ender necessary Provided Said mum
Der shall not exceed FIVE and with salary Of not
than at the rate Of twelve hundred dollars to each
annum.
Sec 4 And be it further enacted That tho Secretary
Of the Of be
issued such portion of the said treasury notes the Pre-
The United states to such public creditors or other per
sons choose TO receive such notes in men as
aforesaid at par And the Secretary of the treasury s
further authorised with the appreciation of the Presi.
dent of the United states to borrow from time to time,
under par such sums as the President may think
pedent on the credit of such note
Sec g. And be it further enacted That the said tres.
sury notes shall be transferrable by delivery and
Segment endorsed thereon by the person to whose
the same shall on the face thereof have been made
payable.
I
notes shall DO received in payment of I'LL duties and
take, laid by the authority of the United States, of all
the United States Of any character whatsoever which
be due and payable at the time when said treasury
sa be- r ha
principal and interest which, on the day Of such pay
men may be due the note notes thus given in pay
ment
Sec 7. And be II further enacted, That every collec.
tor receiver OF public moneys, other officer agent
of the United States shall the receipt Of any treasury
for the keep, according to
such forms shall be prescribed by the Secretary Of the
Treasury entries OF the number, date, and respective
Of principle and interest of EACH and every
treasury note thus received and every collector
United states, who shall thus receive any Of the said
treasury notes in payment shall the payment Of the
puted as aforesaid, which the day of such lasmen-
toned pay shall appear duo tho note notes thus
and he shall be charged for the interest accrued
On such note or notes from the day which the same
shall have been received by him in payment as afore
to the day which the shall be paid by him
Sec s. And be i, further enacted That the secreta,
of the Treasury be- and he hereby authorized and d
and interest Of the Treasury notes which may be issued
by virtue of this act at the several time and times wher
be thus reimbursed and paid And the said Secretary i
further authorized to make purchases OF the said notes
par for the amount of the principal and Interest due
| the time of purchase such notes. And much o
upappropriated money in the Treasury may be ne
Tor that purpose is hereby appropriated for pay
! | ing the principal and interest of said notes.
Sec. And be it further enacted, That if any person
shall falsely, make, forge, or counterfeit or cause o.
procure be falsely made forged, counerfeited.
willingly aid assist in falsely making, forging o.
countereitingsany note in imitation Of, or puporting
be, treasury note Aforesaid, shall falsely alter
cause or procure be falsely altered or willingly at
or assist in falsely altering any Treasury note issued
or .hs or s
note PspoInT to be Tsa'u[y mote a,
counereited, shall pass, utter publish true, any
falsely altered Treasury note issued US aforesaid, know
ing the to be falsely altered every such person
aI milf unffa and ha
4 ing thereof convicted by due course of law shall DC
to be imprisoned and kept to hard labor for
period not less than three years moro than tel
years, and be fined in sum not exceeding FIVE THOUSAND
l. dollars
Soc. TO- And be II further enacted, That If any perso
shall make or engrave or cause or procure to BIO mad
engraved she'll have in his custody possession
any metallic plato engraved after the simltude Of an
been printed with intent to use such plate, or to caus
suffer the to be used in forging countersitin
any of the notes issued aforesaid shall have in hi
custody possession any blank note notes engrave
and printed after the simude Of any notes issued
Aforesaid, with intent to use such blanks, cause o
suffer the 10 be used in forging counereitin
any Of tho notes issued aforesaid shall have in hi
custody possession any paper adapted to the making
OF notes. ard similar to the paper upon which any suc
shall have been issued with intent to such
per- or cause or suffer the be used in forging
any Of the notes issued aforesaid ever,
such person being thereof convicted by due course
labor for term not less than three than
years. and fined in sum not exceeding five thousand
dollars
Sec H. And be 1t further enacted That the Secretary
of the Treasury be and he hereby authorized to mak
ISSUE from time time such instructions, rules
the several collectors receivers of pubic
money, deposries, and all others who may be author
lied receive the said Treasury notes behalf Of
agents any capacity for the United States as to thu
safe keeping, disposition return, and canceng Of thu
said paid to and received by them respectively
and to their accounts and returns to the Deparmen
OF such receipts as may seem to him best calculated Il
promote the public interests and convenience and
the United States aud the holders Of the agsns
fraud and losses
Sec And be further enacted That in lieu of thu
notes authorized by this act, which may be redeemed
other notes may DO issued; Provided, however, TIT
amount of such notes outstanding, together with tn
stock issued by virtue Of the thirteenth and sixteenth
Of this act shall not exceed the of tw
three millions of dollars.
10. And be 1t further enacted, That il shall b.
lawful the holders tho said noe