The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-03-19
THE NORTHERN TARIFF.

THE NORTHERN TARIFF.
OBSERVATION-DISCLOSURES
TREASURY DEPARTMENT, March Is, 1851.
The following act Of Congress and joint resolution, ap
proved March 1891 the provisions Of which relating
duties imports 60 into effect the LIST proxmo
published for the information and government Of the
officers Of the customs at the several ports and others
ooncuned. SALMON p CHASE,
Secretary Of the Treasury.
AN ACT TO PROVIDE FOR THE PAYMENT OF OUT
STANDING TREASURY NOTES, TO AUTHORIZES A
LOAN, TO REGULATE AND FIX THE DUTIES ON I'M
PORTS, AND FOR OTHER PURPOSES.
Be II enacted by the Senate and H0use Of Representa-
sembcd That the President of the United States be-
hereby is authorized at any time within twelve months
from the passage Of this act TO borrow on the credit OF
the United States, sum not exceeding ten millions of
dollars, 80 much thereof as in his opinion the ext
gences of the public service may require to be applied
to the payment of appropriations made by and the
balance Of treasury outstanding and other
mpeses in addition TO the money received or which
may be reoeved INTO me treasury from other sources
prevent the United States from rcimbursing any
borrowed under the authority Of this act at any time
OF July next, by the United States giving three
months notice, to be published in some newspaper pub
lshed at the seat OF government Of their readiness
so and contract shall be made to prevent the
dempton OF the at any time after the expiration
Of twenty years from the said first day Of July next
SEQ q And be II Arther enacted, That stock shall be
Issued for the amount 30 borrowed bearing interest not
exceeding per centum per annum and the Secretary
Of the Treasury be- and hereby authorized with the
consent Of the President to certificates Of stock to
be prepared which shall be signed BY the Register and
sealed with the seal Of the Treasury for the
amount 20 borrowed In favor OF the parties lending the
same, their assigns which certificates may be trans.
lions rs may DO established by the esretarp Of the Tea
sury PROVIDED that certificate shall be issued for
lees sum than one thousand dollars and provd also,
that whenever required the Secretary Of the Treasury
may coupons OF interest payable there
attached to certificates issued under this act
and any certificate with such coupons of interest attached
may be assigned and transferred by delivery OF tho
same instead of being transferred on the books OF the
Treasury.
Sec 3 And be II further enacted That before award
ing any OF said loan the Secretary OF the Treasury shall
the exgencies OF the public service require to
be inserted In two Of the public newspapers OF the city Of
Washington, and In one or more public newspapers in
other cities OF the United States public notice that sealed
Wopossls for much Of sad loan required will be
received until certain day, to be specified in such
tce not less than thirty days from s first insertion in
Washington newspaper; and such notice shall state the
amount Of the loan at what periods the money shall
paid Instruments and nj what places Such sealed pro-
Ioeas shall be opened the day appointed in the notice.
in the presence Of such choose to attend
and the proposals decided by the Secretary
Treasury who shall accept the moet favorable offered by
responsible bidders for said stock And the said Secretary
shall report to Congress, at the commencement OF the
Session the amount OF money borrowed under this
act and 0. whom and on what terms 1t shall have been
obtained with abstract brief statement H all the
proposals submitted for the same distinguishing between
those accepted and those rejected with detailed state
men of the expense of making such loans; provided,
that stock shall be disposed OF less than its par
value and provided further that part Of the loan
hereby authorized shall be applied TO the service Of the
present fiscal year.
Sec a. And be further enacted That In case the pro-
proposals made for said loan for much thereof the
exigences Of the public service require shall not be
satisfactory the President Of the United states shall be-
and hereby is authorized 10 decline to accept such offer
IL for less than the par value OF the bonds const tutng
the said stock and In lieu thereof and 20 the extent and
Of the authorized to be made BY this act
issue treasury notes for not less than fifty dollars
bearing interest at the rate OF six per centum per snnum
pay able ser,i annually the FIRST days or January
and July each At places Of payment IN be
prescribed by the Secretary with the approval Of the
PRECEDENT ami under the like circumstances and cond
iiot the President OF the United States hereby
bcrzed substitute treasury notes Of equal amount for
the whole any part OF any Of the loans fer which he
rs by law authorized TO contract and issue bonds.
And the treasury notes issued under the authority
herein given shall be received In payment for all debts
due to the United States when offered and In like
ner shall be given In payment for any from the
United States when aynent in that mode Ia requested
BY the person to whom payment u TO DO made, or Cor
their par value in coin. And the faith Of the United
States hereby pledged for the due payment Of the in
and the redemption Of the principal Of the stock
treasury notes which may be issued under the auhor
" OF act and the OF twenty thousand dollars
hereby appropriated out OF any money In the Ieasu
~ not otherwise appropriated, TO pay the
stock or treasury notes herein authorized to
be in the usual mode and under the restrictions
employ and payment OF officers contained In the
laws author zng Of treasury notes.
and IL shall be ut the option OF holders Of the treasury
hereby anthOfize by this act, exchange the
the stock herein authorized par for bonds
in lieu OF which said treasury notes issued pro
vded that certificate shall DO exchanged for treasury
notes, bonos less than hve hundred dollars
and provided further that the authority to issue the
ead treasury notes or give the same In payment for
debts due from the United satee shall be limited 10 the
thrtieth day OF June eighteen hundred and sixty two
and that the may be redcemabl at the pleasure OF
the United States at any time within years after the
passage OF tn act and that said notes shall cease 10 bear
interest af they shall have called by Secre
tary Of the Treasury under the provisions Of this act
ho a., dav 81 Anil snno rmln cshssen hunsred and
sixty one, IN lieu Of the duties heretofore imposed BY
law the articles hereinafter mentioned, and on such
may now be exempt from duty, there shall be
levied collected and paid the goods. and
chsnde herein enumerated and provided for, imported
from foreign countries the following duties and rates Of
DUTY, that IN 10 Say
Avticies. Specific. I'D roIo~ew.
Absynihe ..................to Gus. per gal
Aoetic, or acetous acids. Free. Free.
white, oxalic and all other
used for medicinal purposes
or fine arts, not otherwise
provided Tor .....,....... 10 per CT.
Acids chemical or manufac-
turing, not otherwise pro-
vtded for ..free. FREQ.
ACIDS, ctric and tartaric..... 20 per Ct
Adhesive felt for ehcathDg.. FREQ. FREQ
Aabaster and spar ornaments - 30 per CT.
Asbsster busb and casts for
AlSbssssr, manufactured or
not. .................s.ss. ~ pce cs
Acornoque. .........ss.....srIoos riuc'
Ale, in bottles rs eta per gal
Almonds. cts. per ID.
Almonds, shelled ............4 eta per ID.
Abots. ~ ~ ~
Alum, alum substitute, sui
phate Of alumina and au.
minous cake. 60 cts. o. 100 lbs.
Amber. ..................... 10 per q.
Ambergrn .,................ Free. Free.
American fisheries, product of Free. Free.
Ammonia, and muriate and
carbonate Of .............. 10 per ct.
Ammonia cal. ............. 10 per CT.
Anr haU In nil "a