Weekly North Carolina standard., 1858-07-14

For compensation of the clerk and messenger :, a.
fee Of the commanding general two thousand do,n Of
general, three hundred dollars nong
For armament of Notifications, three hundred fh
dollars '"OuSand
: For ordnance ordnance stores, and supplies i,.,
horses equipments for the mounted regiments two
and fifty thousand dollars. uuord
For the current expenses of the ordnance so.
cludng experiments in the manufacture of c,ne' ln
cannon powder and for tests of and ammn;,e and
otherwise provided for, one hundred and ftv th not
dollars, Oo1nd
For the purchase of gunpowder for the land ssr,;,
hundred thousand dollars. one
For the manufacture of arms at the national a.
four hundred thousand dollars "One,
AN ACT to authorize a loan not exceedin, -,
twenty millions of dollars. S sun Of
BE enacted b. the Senate and House of Reprs.su,.,
The President of the United States be- and ber That
thorzed at any time within twelve months from aG
States, exceeding twenty millions Of Due United
Spbe hs % the
appropriations made by law in addition to the mond
ceived or which may be received, into the treasnr re
other sources PrOrided That stipulation or Iron
shall be made to prevent the United States from % %9rar
ing any sum borrowed under the authority of ,b
any time after the expiration of fifteen years from the "a
| day of January next. s nrS
SEC. 2. And be it farthe- enacted, That stoct s.u,
issued for the amount so borrowed bearing ntsros e
exceeding five per centum per annum, PAYABLE Sem; nf
nually with coupons for the semi-annua ipierp ,,
TO the certificates of stock thus created and The
OF the Treasury be, and hereby is authorized WITH y
consent ol tne fresden To ca lse certificates Of
be prepared, which shall be signed by the Rev;s, 70
scaled with the seal of the Treasury Departmn, C. ana
amount borrowed in favor of the parties Iand me
same, or their assigns; pr00ded that no cer1Scs, "a s
be issued for less sum than thousand dollars A
SEC 3. And te Jurfher enacted That, before awar5i
said l"an the Secretary of the Treasury shall caps
inserted in two of the public newspapers cf the ci,
Washington, and in more public newslarprs -; a
er cities of The United States public notice rb,, ~. GE
proposals for such loan will be received until ca-,.
to be specified in such notice. not less than tbrr
from it's first insertion in a Washington uewsn,n I4s
such notice shall state the amount of The loan =, I
periods the money shall be paid If bv insalman,s % I
at what places Such sealed proposals shall be onn5
The day appointed in the notice. in The presence M I
persons as may choose TO attend and The proposals d
on oy The Secretary of the Treasury who shall anc,, ~
the most favorable proposals offered by responsible
for said stock And the said Secretary shall repo =, c.
gress at the commencement of the session tha
oil money borrowed under this act and of whom ana |
what terms it shall have been obtained; with an alr
or brief statement of all the proposals submitted for Tho
same, distinguished between those accepted and tbos.
jecied, with detailed statement of The expense of n,
such loans Prooided, That stock shall be disposed E
less than its parvalue.
SEC 4. And be IL further enacted That the faith NJ u,
United States is hereby pledged for the due paymen q
the interest and the redemption of the principal Of S
stock. " N@u
SEC. 5. And be 1t further endcel That to defrav ,b ~
pense of engraving and printing certificates of such %
and other expenses incident the execution of tis -
the of five Thousand dollars is hereby apprurriatS
Prorided That compensation shall be allowed for anr
service performed under this act any officer whose %
is established by law.
| Approved, June Il, 1858.