The eastern clarion. [volume] (Paulding, Miss.) 1837-1863, 1861-03-15
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Bill

To raiss Money for the Support 81 the Govern
mat and 20 Provide fer me Dysncc ef TIE
Confederate SAFES or Ame7ca
SIC. /. The Congress of the Confederate
I States do enact, That the President of the
| Confederate States he and he is hereby
authorized. at any time within twelve
/ months siter the passage Of this Act. TO
borrow. on the CT, al; II the Confederate
States. s. sum not exceeding Fifteen mil
/ lions of dollars. or so much thereof as in
his opinion the exigeucies OF the public
service II y require, TO be sppli-d 10 the
uaymeu Of appropriations made by law
tor the suppost OF the Government aud
tor the d~eieuces oi che Confederate States.
> Th- SECRETARY Of the Ira~uTg Is here
by authorized 10y the cousrnt Vi the Pres
iirnt Of the Confederate States. 10 cause
10 be prepared certificates of stOck or
bonds. la such sums ~ are hereinafter
mentioned. tor the amount to be borrow
- a. Aforesaid. to be signed by The Regis
Ter OF the Treasury. and sealed with the
seal Of the Treasury and the said crrtiti
Gates Of stock nr bond> shall De made pax-
.ble A. tia expiration of ten y~sr<Tatn
he RrsE af-S~f1~srATu sTa44he5s
rrrest th-reoL rhsli he pshi s-mi annual
". al tae rate of eight per cent. pei an
mum 1T the Tr-a-urs and -ucti Other place
A. ia, : cr~tsiy of the Treasury may DIS
isnat-. Aud TO the bonds which shall be
i-.u--d A. AFORESAID. shall Be attached
COUPONS tor tn sem annual interest which
SHAH acrrn-, which Gu OuS may be Sign
ID by uAcers % be appointed f1r the pur-
p,se by the Secretary Of The Treasury.
Aud the faith ct The Clufs lerlte States Is
hereby pledged for the due pas ment OF
the priHcspal and Interest Of the SAD stock
and bonds.
,. At The expiration Of Ave years, from
the first day Of September next, the Con
fedrrate states may pay ap any pr iou Of
tire buud~ or stuck-- upon giving three
months previous public notice. a. the sal
Of government. o. the Particular stocks or
bonds 10 b. Isjd. and The time aud place
OF piym II and from aud sftr- the TIME
90 appointed. 40 further interest SHALL &c
paid on said stock or bpnds.
The oerIifcat-s of stock and bonds
Shall b. is>u-d IN such torn and faF such
anaunts A. nav be Determined by the
Of the Tr-a>ury, and may he a.
sirHe-d or driIF+rei uud-r such regulations
q. he NAV establish. But none Of them
ISL bs for a less sum than hty dollars
and he shall r-rort TO Congress Al if~ next
session, a ststern~ut In d-.as. Of HE uro-
oeedInEs. and the rate - which he loaBs
have been made, and ali expenses a.
the same-
o. FROM 4n@ @fteT the GrsL dAE O. Az
zast. 1851. there ensi De levied collected
.nd paid. a duty. Of oR-eixhta Of one
,eut per pound. on ali cotton in the rzW
tate exported from he Confederate
which duty is hereby specially
TO the due payment 81 interest
principal. Of the Ian provided for ia
Act. snd the S-cr-ta.g If the Tr~a-u
3 = hereby autharz-d and required ta
iii sinking fund "a carry into #
ect the provisions OF thls seClloa; Fec
ided. however that the interest coupons.
under the second section ct this
Ct. when due. shall b. receivable IN pay I
nent Of the export duty on cottan-s Pro- ]
ided. also. that whent the debt and inter
thereon. herein authorized 10 ne con
shall DO e~Gtiu~Glsked. or the sink Z
AZ fund provided for that purpose shall :
Q sdequats to that end. The sid export 5
uty shah cease and determine. '