Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-11-30

:. nntii another paymaster or assistant paymaster
shall report for duty Any person performing tlIy
dance with this section (but not otherwse shall be
entitled to receive the pay of such grade whilst 81
u Sec. S. And be It further enacted, That each as
sista paymAster SHALL upon his appointment enter
into bonds In the amount Of ten thousand dollaFs
with at least two good and sufficient seeurities for
the faithful performance OF his dutieS, and that
siBtant paymasters shall have rank and precedence
with assistant geOns not passed, and that all a.
pointments to I'LL vacancies In the corps of Paymas-
tiers shall be made by regular promotion from thu
list Of assistant Payniasters.
Il &c., O. And be II further enacted, That within six
months after the expiration OF the present insuEre0-
ton the corps Of paynasters and assistant paynns
In the whole.
4 Approved, July II, 1861.
LPuHIiO-No. 81
AN ACT to authorize a National Loan and for
| II IzIst other purposes.
Be It enacted by the Senate and House OF Repre-
sentatiyes Of the United States Of A@eEiea in Con-
DO and no IL hereby authorized to borrow, on the
credit Of tho United states within Twelve months
two hundred and atty millions OF dollars or 50 much
thereof he may deem necessary for the public ser
vice, for which 10 Is authorised TO issue coupon
bonds 0rTegstercd bonds, Treasury notes 10 suelI
PROPORTIONS of each NJ he may deem advisable; the
bonds TO bear interest not exceeding seven per cent
per nunuI payabie semi-annualIy, iTredecmable for
twenty years, and after that period Reasonable nj
the pleasure 0fthe United states and the Treasury
notes to he OF any denomination fixed by tic Secre
tary Of the Treasury not less than hy d0laIs anu
be payable three years ateT date Win interest
nj the rate and threetcnths per centum per
annun, parable hetntannually: Aud the Secretary
OF tho Treasury may also issue In exchange tof colh
and Of the above loan or may pay Tor SALARIES
or other dues from tho United States Treasury notes
Of n Iess denomination than my dollars, not bearing
interest, hut payable on demand By the Assistant
Treasures of tho United States At New
York or Boston, or Treasury notes bearing Interest
at the rate OF three and sixtyiyc hundTedths per
csutum payable in year from date, and exclanE.
ma
and upNaIds, fssunble under the authority OF rms
act and bearing interest rs specified above: FF3Ni
Itled That no exchange OF such notes IN any less
amount than ono hundred dollars shall be made at
any one time: And provided further, That no
Treasury notes shall be issued Of n lGss denomination
than ten dollars and that the whole amount OF
Treasury notes, nOtbeArng interest Issued under Tie
authority of this act, ahall not exceed hity miOhS
SEE . And be 1T further enacted, That the Trr''.
sury nolcA and bonds isAued under the oil
this act shall be signed BY the First or Second Comi
fTolIeh or the the Treasury and counters
signed by such other oieer or oiheers o. ihe Treat
my rs t6e Secretary Of tho Treasury may destgnAlei
and Mi such obligations OF the denomination Of my
dollar and upwards, shall DO Issued under the seal
of the Treasury Department. The registered Donus
Shall 10 transferable the books Of the Treasury
on delivery OF the certificate, aud the coupon Donls
and Treasury notes shall be nc on
ar uersons or executed In such manner as may be
| designated by the Secretary OF the Treasury, %lS
| ShnIl fir the CONDENSATION for tie SAME.
Ne = And be- it further enacted, That the Score:
taTy Of the Treasury shall cause books 20 be opened
fer subscription to the Treasury note ,, iSI
| in tie United States, and under such rules
aiiens he may PEsssring,e to 9s & ts
respective localities, and At other by Ane
pOstories and other PeE9;Gns a
daily papers OF this city and in one or more Pubic
i newspapers published In tie several places NneFS
substitution bo0ksmAy beopened; and subscriptions
for such notes may be received from all persons wh''
may desire TO subscribe, any law to not
and e 1 , e s Isonre N oDo time
the Secretary Of the Treasury Is authorised TO re-
ceiye tho same, should lie deem 1t Gdyantaseons -
the public Interest,"; and II not he shall accept the
amount required by giving the preference 70 me me
smaller subscriptIonsi and the Secretary OF ue
II Treasury shall hx the corporations OF the pubic
otiseTs Or others designated for receiving said su
scrptiOns: Provided, That, for performing inns OF
any other duty in COMMISSION with thiS act, nc COM
paid to any public officer whose salary u estAbshe
4 by law; aud the Secretary he Treasury iqay alsI
make such other rules ar eguAtions ~ ne may
deem expedlent touching tho instalment TO be paid
on any subscription at the time OF subscribing, nnI
further payments by instalments or otherwise, An
nenaltieE for non-payment of any instalmenti anal
also concerning the receipt, depostt and safe KEEP
Ing of money received from such on nnl
Repositories of the Treasury any law or laws 10 Tie
: contrary notwithstanding, And the Secretary q
the Treasury Is also authorized, II he shall deem
expedent before opening books OF subscription y.
above provided, to exchange for coin or pay int
public dues or for Treasury notes Of tue issue q
ffty-seyen and falling due on the thirteth OF June
Z eighteen hundred and sixty-one, or for Treasury
Iany amount OF said Treasury notes for my dollar
or upwards not cxceeding Une hundred mlllonS o.
dollars.
awarding any portion Of the loan In bonds author
iEed by this act the Secretary OF the TTeasufyt h'
deem Il advisable to issue proposals. for the same II
1.-THE Uuited States, shall give not less than hesl
days public notice In two or more Of the public
StSs4 psees R Il the United sae IS hs may deem
advisable, designating the amount OF snch loan. w
place and the time up to which sealed PEoPoiS VII
and The Anioant Of each instalrnent In which 1t J.
to be paid, aud the penalty for the nohpayrneut Q
any such instruments and when end where such pro
posals shall be opened in the presence OF such per
sons as he may choose to attends and the Secretary
the Treasury e authorized to accept the E m9st
Provided That offer shall DO accepted At less thai
. par. $40. -.
tary or the Treasury may, IL he deem II advisable
negotiate any portion Of said lOani not excecdini
hundred millions Of dollar, 10 aDy foreign colII
the DATED States or in Europe, md may tssuD regis
tered or coupon bonds for the amount thns eesotA
ted GgTeeaby to the provisions Of this act 6saEnl
. literest PAYABLE semfannuay, either In the Units
States or al any designated place In Europe; and
q further authorized TO appoint such or agent
! under his Instructions and for paying the intefe
Z on the same, and to ax the compensation OF sue
agent or agents. and shall prescribe to them al til
shah &c 66g6tiated, md shall have power e tx III
rate OF e1chAnS W Ml1cn tnP pIHPAt oa.A W ~
eeive from the contractors for the lean, and tho eS
: change for the payment Of the principal and tntei
Il est h Europe Ehall be u the same rate. IT,
: Sec! Q. And be II further enacted, That whenste
4 any Teaaury notes, of les than MT
doars authorized to Be Issued by This act shAn hay
= been redeemed, the Secretary Of the Treasury ma
reissue tho same or may cancel them and issue MOI
Z notes to an equal amount; PEoHtded That the af
greEnte amount or bonds and Treasury notes issue
under the foregoing provisions of this act ahal nGyc
Y exceed the fni amount authorized by tho first Sex
= ton or ffs act; and the power 70 isEu8 reasi
Z sueh NOT sIShaN cease aud determine after the thirty
n INIT or December, eighteen hundred and Hxty-tWo.
a SEQ q. And be it trtheE enacted That the kectI
tan Of the Treasury IL hereby auth1EEedy wheheye
he shall deem It oxpedent 70 Issue In exchange 70
coin or In psYmnnt for public dnes TreASdry notl
1 ~ Rtv Of thS Determinations herelnbeforO specet
e bpaffnE inter- mot exceeding ak per eontum pc
Y annufn, and payable At any time not eGeeedlh