Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-09-13

dates of payasteT or ASsiEt1nt payaster 10 Secor-
danee with is section (but not Otherwise shah be
entitled TO receive the pay Of sush grade whilst 50
aefing.
sec. s. And Js It further enacted, That each as
Mt paymaEteF shall, upon his appointment enter
Into bonds In the amount Of ten thousand dollars
with At least two good and sufficient securities, for
the faithful performance Of his duties and that a.
distant paymaAtsFs shalI have rank and precedence
with assistant Rui geons not pas1e and that all ap
pOntmFntG 70 al VneaDeies IN the corps Of paynnas-
tsr5 shall Be made By regular promotion from the
list Of assistant paym1atefE.
sec d And be Il further enacted, That within six
months after the expiration Of the present insuTee
ton the corps Of plymasteTH and assistant paymAs
tiers shall b reduced to the number OF seVentyhTe
= A u July II, 1881.
(PUEtIc-No. 81
AN ACT 70 authorize National Loan and for
other purposes.
Be g enacted b the eenats and House Of Repre-
aeutatIvss q Tn unltsd States OF America IN Con-
Trsss asssubiod Tat The geerstATy Of the Treasury
b and he Il hereby authorized 70 borrow on the
credit Of the United States, within twelve mo9ths
from the passage Of this act, sum mot exceeding
Two hundred aud atty millions Of dollars, much
thereof ~ be may deem Beeery for the public ser
vice, for which be Il authorized 70 issue coupon
bonds registered bOnds Treasury notes In such
proportions Of each a. be may deem adTisable; the
b9uaa 70 Leaf uSt Pc ctnt.
per Rnuum, payable seiniannually, rredeemable ior
twenty years, and after that period Reasonable NJ
the pleasure OF the United states; aud the Treasury
notes TO be Of any denomination Fixed by the Secre-
tary u the Treasury not les8 than nifty dollars and
10 6e payable three years after date with interest
at the rate Of seven and threetents per eentum per
Hunuir, papabie BeIlERnnually. And the Secretary
u the Treasury may also Issue in exchanges for coin,
and part Of the above loan, may pay for aIarits
sr other dues from the United States Treasury notes
or lees denomination than hfty dollars, not beaFug
Interest, but payable demand by the Assistant
TreasuFera 81 the United States u Philadelphia, New
York Boston, or Treasury notes bearing Interest
at tile rate Of three and sixty-tiTe huudretts per
eentum, payable IN one year from DATE and eHelanR-
able at any time for Treasury notes fifty dolaia
aud upwards. issuhbie under the authority Of this
net, aud bearing interest specified above: PToyi
ded, That no exchange Of such notes in any less
amount than hundred dollars shall be Hihde at
any times And provided further, That
Treasury notes shal lie i-susd Of loss denomination
than ten dollars, and that the whole nmounI Of
Treasury notes. bearing interest Issued under the
authority Of this act shall not eGered MY millions
u dollars.
Sec > Aud Je Il further enacted, That tile Trea-
HHry notes aud bonds Issued under the provisions Of
this act shall be signed by the RiTst Second Comp
tTollrr, the Register Of the Treasury and counter
signed by such other OiiCsF officers OF the Treas
ury the Secretary Of the Treasury may designate;
and ell such obligations, Of the denomination Of hify
dollars and upwards, shall be iasuet under tile seal
Of the Treasury Department. The Registered bonds
shall he Transferable ON tue books Of the Treasury
delivery Of the certificate, and the coupon bonds
and Treasury notes shall be transferable ON delivery
The interest coupons may be aligned by such person
persons or exc. utcd In such manner may be
designated by the Secretary Of the Treasury, who
shall az the Compensation for the same.
See Q. And be u further enacted, That tile Secre
tary Of the Treasury shall cause books to be opened
lars and upwards Mt such places A. he may designate
In the United States and under such rules and regu
lAtlous he may prescribe, to be superintended by
the assistant treasurerH Of the United States at their
respective localities, and NJ other places by such de-
P1sitories IostmassTH, and other PeEsons a. Ice may
designate, notice thereof being given In at least two
daily papers Of this city aud In more pnblic
newspapers published In tho several places where
subscription books may be Opsne and subscriptions
for such notes may he received from all persons whn
may desire 10 subscribe, any law to the contrary not
withdrawing; aud liza larger amount shall be snb.
ia naa.6 WaN Hha
the Secretary Of the Treasury Is authorized to
eeTe tile same, should he deetn Il advantageous To
lhe public interest; ana u not TO shal accept me
amount required by giving tue preference TO the
smaller subscriptions; and the Secretary Of the
Treasury shall fix the compensatiofs OF the public
officers others Designated Tor receiving said sul
scriptiOn5: Provided, That, for performing this or
any other duty In cOnnexiOu with this act, COM
pen.ation for services rendered shall be allowed or
paid 10 any public 6eer whose salary Il established
by law; and tile Secretary Of the Treasury may also
make such other rules and regulations rs he may
deem e9pedient tonehing the inStanIent to be paid
ON any subscription at the time Of subscribing, and
further payments by insthlmtnts otherwise, and
penalties for Don-paymant Of any iustalment, and
also concerning tho receipt, deposit, anil safe keep
Ing If money received from such subscriptions, until
the same be placed In the possession Of Official
repositories Of tho Treasury, any law laws to the
contrary notwithstanding. And the Secretary OF
the Treasury s also authorized, 10 he sllal deem II
expelient, before opening books Of subscription AS
public dues or for Treasury notes Of tho Issue Of.
tWenty.thirJl Of December, eighteen hundrc,I and
eighteen hundred and Eixty-One, OF for Treasury
notes issued aud taken In exchange Tor such Iiute
any anount Of said Treasury notes for any dollars
or upwards not exceeding one hundred millions Of
dollars.
sec. !. And DO It further enacted. That, before
awarding any portion Of the lUan in bonds author
lied by this act the Secretary Of the Treasury II he
deem u advisable to Issue proposals for the same In
the United States, shall give not less than iteen
newspapers in the city Of Washington, and IN such
other places Of the United States as he may deem
advisable, designating the amount u Eaeh loan the
place and the time mp to which sealed proposals
be received for the Hame, the periods the payment
and tho amount Of each initalment In which It e
to DO paid, and the I-malty for the nou-paymfnt Of
any such instAimsntS, and when nd WhOTe such pro-
pOsals shall Be opened IN the presence % enth per
sons as he may choose 70 attend; and The ttrriArJ
IT the Treasury j authorized to accept DC nns ~
VOrabie propollla offered by Responsible bidders
Provided, That oler shali be accepted thin
par.
sec. s. And b. h further enacted That ne sscrs.
tary OF the Trc4slty may, 70 he deem Il advisahIe
hegotate any portion Of aid loan not exceeding
one hundred millions d dollars II any ilPln cuu
try, aud payable at ony desiEnat "a niSeS SItcr
the utted State or Ia Europe, aud may ssiii resis
tered Or coupon ma ~ lis afs5liill f5i
ted agrooa6ly = tie M risioiIs 81 iclllI
Interest payable semi annually oiti6t IL the United
States OF At any designated paeo m Europe3 and he
Is further authorized to appoint such agent o. agents
Rs he may dogm necessary fJr neOtliting snelI loan
under bis Instructions and fF paying the interest
on tho same, and to az the compensation o. such
AsUnt agents and shall prescribe to them All the
rules, regulations, and modes underWheh such Loan
shal no negotiated, and shall have power % x the
rate Of exchange at which the principal shail be
eeved from the contractors for the Loan. and che
change for the payment ct the PRINCIPAL and inter
ul IN klTVP9 shAlt Be ~ the same Eate.
foTs q Sp5 fsrshsrs s.lstsd That UhDlgTrT
any Treasury BOteA Of dissemination leg than mn
oiiars authorized to 10 Issued by this act shah hare
BEEN teilesmed, the Secretary o. the Treasury may
trsue th1 sane. or may cancel them and issue new
n1ir1 ~ lclual amount: Provided, That the AZ
greg ''' Iiront - bohds and Treasury notes issued
un|'| " i1fl7cin provisions o. this act shall never
ct1t |1 ilil auil6pt authorised by the frat sec
tI14 n 81 tecti pni Nc power to Issue or reissue
such net l1hlii nd determine ator the thirty.
Nr.tcl rtrlm t1l sen hundred and sIxty.tWo.
sec q Andrt Il f1rllef enacted, That the Secre-
iH'l " re 1tt.ault lereby authorized, whenever
Dr. .1l qrt'n 90 Irrcl nt, 70 issue In exchange for
c.'n,cr lu r1tm'r 'rr public dues, Treasury notes
81 any OF in' pls hersinbeforp gheeihed,
es-ri,is inl,' .-eseding siS FER eSntnut per
twelve monihI IIrn fste provided that the amount
1f notes = .curl ol riid fAlll a no time exceed
twenty millions CT aa|'1rE 80 -.
IL l Al l. n l------ ---.lal MT thn ahnrn.