Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-08-14


dance with title sseiou (but not otherWsC) .Inll be
entitled TO receive the pay OF such grade whilst 80
acting. -s.
sist ut pAymAttsr shal upon his appointment enter
into bOnll IN the Rmouut Of ten thousand dollars
With II leAA, two good and luicent securities Tor
the faithful performance Of his duties. and that
sttant tayTnasieTS shall have rank and preee1ence
with assistant IN geon' not p1.ss and that all Hp
poIntmentu 10 oil vacancies Ia tho corps Of pAyults-
I fera shall be inside by regular promotion from the
/ list Of ASSISTANT psynaEictS.
See g. And he IL further enacted. That within six
months after the eNptati OF tile present tnsnTTec-
ZION the c.itPs Of paymastsrs and assistant paymas
tiers shalt ls reduced TO the number Of ssventy-ve
IN the whole.
tP'F5uc-No. 81
An ACT 70 authorize National Loan AMI for
Othrr purposes.
he IL eI.cted by the senate and House Of Repre-
.eutAiTes u the Cuiisl states Of America in Con
q ea arr. nblet That the Secretary Of tile TrelsuT!
10 aHd liu & hereby authorized to b"Trvw, oh the
credit u the United states, within twelve MONTE
frutu the passage Of this act, sum not exeeeiinS
two huRdird aud nifty millions OF dollars, or much
thereof a. he may necessary fOr epuLlie
VICE for which be is authorized to issue coupon
bonds, Registered bonds OF Treasury nOtes IN such
proportions " each ~ he may deem adTsaG e. the
bUuds 70 Tear interest not exceeding seven per rent
per annhni payable semi-auiiually IN edeenu'o's Tor
twenty years, aud Htter that IeIiud Teieemabie AT
the pleasure Of the United states: and the rreasur!
uoiss 70 be of any denomination fixed by the Stcre
tarY OF the Treasury not less tah nifty dollars. and
to he payable three years after date with interest
at the UfseYcn and three tents per centum pet
anuun:. payable scuiI,anually. And the Secretary
Il the TFrasuFy may also i-sue In exchange for cOiI
and part 81 the above Loan or may pay tor siihrits
CT other dues from the United STATES Treasury notes
% less denomination than my dollars not bearing
interest, but payable demand by the Assistant
TreasuIers Of the United SHter ut PlllhelphiH. New
York or Boston. or Treasury notes bearing Interest
at the rate Of three and siNtynNe hundredtiis pei
ceutu;u. payable m one eaT ffUu date amt exchAHS
Ab At any time fur Treasury notes tor fifty dolHis
aud upNA ia, tA5uHblc under the authority Of thk
act. aud bearing interest specified above: Fruvi-
de I, That no exchange OF such notes IA any les-
amount than Ung hundred dollars shall lie made nj
any time: Anu provided further, . hat 10
Treasury nutcd shall lie isue't VI less denomination
than ten dollars, and that the whole amount OF
Treasury notes not bearing Interest Issued under the
authority Of this act sl,li not exceed nifty millions
VI dollars.
sec. ? Aud be It further enacted. That the Trea-
sury uuies aud bobds isued under tue Provisions Of
this act shah be sisued LY the Firt second Comp
trOer az the Register Of tile Treasury. aud counter
siEued 10y such other oficer ofiiccTs Of tile Treas
uTy the secretary Of the Treasury may designate;
aud all such obligations OF the denomination Uf fifty
dollars and upWHids, hhail be issued under the
OF the Treasury department. The regi,iete bonds
-l4li lie transferable on the books OF the Treasury
delivery Of the certificate, aud the COUPON bombs
and Treasury notes shall be transferable GA delivery
Tho interest coupons may be signed by such person
pcrsDns, or exc uttd In such manner, Ne may be
designated hy tile Secretary Of tue Treasury, who
shall tx the compensation Tor the same.
sec. >. Ana be II further enact.d, That the Secre
tury OF tile Treasury shR cause looks to he opened
Ter plluu TO tle treasury uuleE My
lars and upwards Mt such places a. lac may designate
In the United States Rnd under such rules and regu-
laions as he may prtsctbe to BE srpertntenned by
the assistant Of the Uuitcd States % their
respective lcca iies and At other places by such do
Pcsitofits postmaseIs, and oher Pesors a. lie may
designate, notice thereof being given in az least two
daily papers Of this city aud IN cns or more public
newspapers published in she several places where
subscriPtion boOksmay beopbned and subscriptions
fDT such ay be received ron all per-ous who
may 1ehte to subscTie any law rs the contrary not
wiilistanding; ald liza larger amount shall be sub
crbsd tn The az TsHte than Is required At one time
the Secretary IL the Treasury j. authorized To re-
eeye the same should he deem IL tlvantas eous To
the public interest; and IL not. he shall accept the
amount required by giving the preference to the
/ smaller subscriptions: and the Secretary Of the
Treasury shall Tx tbs cOinpensaii0us OF the public
OTHERS OF others designated icr receiving sad sub
s,riPtnns: Provided, Tliat, for performing this
any other duty tn eOnneNinn with THE act. no COM
renyaion for rerTiee4 rendered shall be allowed or
paid any public uteer wLues sllry Is established
~ laws a. te secretary oi the Treasury may also
make Euth other rules End regulations Is ho nisy
deem eApedivnt touching the in'talent TO be paid
on any subscription NJ the time Of subscribing, and
further IsyHvuts by instalmtDts or otherwise, and
penalties for nOn-piyment Of any instalment. and
also concerning the TeeePs, dePosit and safe Keep
ing uf money received FINN such subscriptions until
the same can be placed ia the Possession OF official
depositeTie ct the Trrasury, any law laws to the
contrary notwithstanding And the Secretary q
the Treasury Is ALA authorized, he shall deem il
expedient- before opening books OF subscription
above provided, 10 exchange stuT coin or pay for
pubic dues or for Treasury notes of the issue Of
tWenty-ihird OF December, eighteen hundred and
iittyseYvn, and falling due the thirteih Of June,
ghteen hundred aud sixty-one, or for Treasury
notes issued and taken IN exchange for such IOtrs
any anioH"t OF Eait Treasury notes for nifty dollars
or upwards not exceeding one hundred millions OF
dollars
See. l. Aud be II further enacted. That. before
awarding any portion uf the loan in bonds author
lied by this act the Secretary Of tho Treasury, II he
deem Il advisable 10 Issue proposals for tho IN
this Uuite States fbRil give not les than tiftcen
days public notice in two or more Of the public
new sIapsrs in tile city Of Washington, aud Ia such
I. II M
Advisable, es snltinR tho RHUunt VI such loan the
place and the time up to which sealed proposals will
be received for the tic periO for the paym
aud the amount CT rtrh iustalneut ia which II L.
to be pliG and the penaty fIr the payment Of
any such Instruments aud when aud where snc irC-
p0sa shall IL orened ia the presence Of such per-
he nlay Chou-s to attend; and the SCcTeiary
o the Treasury u authorized TO accept tho fI
vuTablo proposals ctItryd by responsible bidders:
Provided Tbat Oer shall be accepted At less than
See s. And DO It further enacted. TfHt the seere-
tary q tie Treasury n'ny, If he deem 1t advisable.
negotiate any portion Of said loai not exceeding
hundred millions Of dollars in any foreign eouf-
the upitVd states " in nrype and may issue reggie
tered or coupon bonds fT the amount thus negOtia-
ted agreeably 20 the Pravs!Vns Of tliE act bearing
Interest payable sen1unGA Is. either In the United
States or at any designated place in EUROPE; and no
is further authorized 10 ApPOut such agent or agents
Rs he may deem necessary iur Negotiating such loan
under hts Instructions aud or paying the interest
! OF the zane. and Ia Ok the compensation Of such
agent agents and shall prescribe to them all tile
shHl lie negotiated. and siall have power AZ the
rate o. exchange Ht which the pFineral shall lie
eevrd from the contractors for the Ian. and the
change for the payment Of the principal aud inter
ct In EurOpe sfNll lie nj the zane rate
! See. g. And te Il further enacted That Whenever
any Treasury notes Of denomination les than hftY
dollars authorized TO lie Issued By this act shall have
Z keen redeemed. the Secretary Of the Treasury may
reissue the satnC. may cancel them and Issue
uotca TO an equit amount: Provided. That the Rg-
RTOlto amount Of bonds aud Treasury notes Issued
uudrF the fTyEulu provisions OF this act shal
e1resd the III amount authorized by the drst sec
lueh otes Ahel cease and determine amer the thirty
hFst Of pucembCT, eighteen hundred and dxty-tWo.
Sec q. And be Il further enacted, That tie Seere-
tRF OF the Treasury II heEeby authorized. Whenever
he aail deem il ONredent, TO issue in exchange for
coin. OF In payment for public dues TreasnrN nntns