The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-01-22
CONGRESSIONAL.
TWENTY-NIMTH CONGRESS-,
second 6essa0u.
THURSDAY, JANUARY 81, is47.
louise OF REPREsENTATIVEs.

HOUSE OF REPRESENTATIVES,.
M tConeludsd from yesterdayl
- ffss stas THE LOAN BILL
BILL authorizing the issue of treasury notes, loan, and
for other purposes.
Bet r.aesed by the Senate and House Of
the United States Of America Congress assembled, That the
President of the United States hereby
notes. for such e exgenees of the
government may require but exceeding in the whole
amount Of notes issued the of twenty three millions OF
dollars and of approximations not less than fifty dollars for
manner hereinafter provided
notes authorized to Be issued by the first section of this
shall be reimbursed and redeemed by the United States al
Yea frsm the dates of the said notes respectively from
which said dates they shall bear such interest until they shall
of the said notes which interest upon each several
issue of the said shall be fixed by the Secretary of the
But shall in mo exceed ha rae of interest,"
Of six per centum per annum Provided, That after the
amy time by the Secretary of the Treasury, in
81 s si % at The
bnrsent herein provided for shall be made at the treas
ury the United States the holders of the said
spectvey upon presenmen and shall include the prnc
pal note and the interest which may be due there
time and times herein specified, the faith of the United
ss sss hsss sS s0snz a s ssee That the said treasury
shall be prepared under the direction OF the Secretary
d es sy s1S sa BE y
the Register of the Treasury and that those officers
spectvey SHALL checks eacn otiler
counts Of the number date, denomination, and amount
ly which said shall be entered in book books
10 be provided for that purpose and carefully preserved in
kept and in the manner of all the said
redeemed as the same shall be returned and cancelled
and the Treasurer shall further account quarterly, for all
such delivered him for signature issue by the
Register The Treasurer and Register of the Treasury
ton OF the Secretary of the Treasury employ such add
tonal temporary clerks the duties enoined upon them
Der shall exceed five and with salary of than
the rate Of twelve hundred dollars to each per
SEC Amd be 1t further enacted, That the Secretary OF
the Treasury is hereby authorized with the appreciation
the President Of the United States be issued
such portion of the said treasury the President
think expedient in payment OF debts due by the United
States such public creditors other persons,
par And the Secretary of the Treasury further author
sd with the @ o OF the l n d Of the United
the President may think expedent on the credit OF
SEC s. And be it further enacted, That the said treasury
shall be transferable by delivery and assignment en-
sss sf5sa syS sss aas said
laid by the authority United States Of ali public lands
sold by the said authority and of all debts the United
payable the time when said treasury may
Tered in payment and every such credit shall
be given the Of the principal and interest which,
the day Of such payment may be due the
'hss given IN = further ,noc,,d Tia, collector
receiver public moneys, other officer agent the
United Sates SHALL the receipt Of any treasury in
payment for the government take from the holder thereoa
receipt the back each notes. stating distinctly
the date and the received and shall keep, accord
ing such form shall be prescribed by the Secretary
the Treasury, entries of whom received; the number
date and respective amounts OF principal and interest OF
each and every treasury thus received; and de-
verng the the Treasury shall receive credit
the amount paid prescribed in the last section provided
SEC. g. And 5s further enacted That the Secretary
to cause be reimbursed and paid the principal and inter
est OF the treasury notes which may be issued by virtue OF
this act the several time and times when the same,
cordngto the provisions this act should be thus REIN
bursed and paid And the said Secretary is further author
of the prime pal and interest due the of pu
chase on such notes And 50 much Of mon
hereby appropriated for paying the principal and nereso
SEC s. And be it further enacted That if any person shall
falsely make, FORGE counterfeit procure be
falsely made, forged, counerieited. willingly aid
imitation Of or puportins to be, treasury note aforesaid
or shall falsely alter cause procure t. be falsely alter
note issued aforesaid shall pass UTTER PUBLISH
pass utter or publish as rue any false forged
said knowing the same to be falsely forged counterfeit
Cd a. ae
bs falsely every such shall Be deemed and
due law shall be sentenced imprisoned and
kept to hard labor for period not less than three
more than ten years. and be fined in sum not exceeding
Sac 10 had Be Il further enacted That if any person
engraved or shall have in his custody or possession any
metallic plate engraved after the smlitude Of any plate
from which any notes issued aforesaid shall have been
printed, with intent such plate, suffer
the to be used in forging councreng any of the
notes issued aforesaid shall have in his custody
possession any blank engraved and printed
after the simude Of any notes issued aforesaid, with
intent to such blanks suffer the be
used in forging counerfeng of the issued
aforesaid shall have in his custody any paper
adapted the making onotes and similar to the paper upon
which such notes shall have been issued, with nento
such paper cause suffer the to be used in
forging counerfeiting of the notes issued aore
said every such person. being thereof convicted by due
kept hard labor than three nor more
than ten years. and fined in sum not exceeding five thou
sand dollars.
SEC IL Awd be ii further enacted That the secreary of
and issue, from time time, such Instructions rules and
regulations the several collectors, receivers of public
money! deposites, and all others who may be authorized
to receive the said TREASURY notes on behalf Of and
agents in any capacity for the United States the
saekeeping, disposition and canccing of the said
paid and received by them, respectively and
ceipts may TO him best calculated promote the
public interests and convenience, and the United
States and the holders OF the notes against fraud and
losses.
SIC. IL. And be further enacted, That in lien of the
authorized by this act which may be redeemed other
may be issucd Propidsd, ho,ceper, The
such notes outstanding together with the stock issued by
virtue of the thirteenth and sixteenth sections of this
shall exceed the of twenty three millions ofdoIlas
SEC. 3D. And be II further enacted, That it shall be lawful
for the holders of the aforesaid treasury present
any assistant treasurer, such collectors the
and receivers OF public be designated by the
Secretary of the Treasury and the holders of the said
shall be entitled receive therefor the of
principal OF the said in certificate certificates of
funded stock, bearing interest per centm per
from the date OF such of said treasury
notes. and for the interest shall be paid in money and the
stock thus TO be issued shall be the books
the treasury Prorided houeper Ind IL further enacted