Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-12-27

ApptnnthleoNf 90
twentY-One years Of age nor more than twenty-sH
years; and that, pieyions 70 his epPontnaen lS 6
phJsica Ihantai and moral quail shall bs
inquired into and fAyombly reported upon hy =
board Of paymasters appointed for that purpose 5y
the Secretary Of the Navy, and under such regalA-
Sec q. And Be- IL further enacted, That the Rnnu-
al pay of assistant aymastere shall be - follows viz;
0ndnty at sea, Tor the frat hye years ateE date o.
commission one thousand three hundred dollarSj NJ
ter i've years fn date Of commission one thousen'e
i've hundred dollmG. .1d.5s
,coumiSsioa, one thousand dollars. after Eve ySars
from date Of commissions one thousand Two hnndreN
dollars, ~ Q fs1i.i f.aii. Il fssis -.
on leave Of absence or waiting orders for the nrst
I'VE wears after date Of commission, eight hnndFel
dollars after I'VE years from date OF Vn9
thousand dollars; and when attached to vessels for
service each assittant ensies'
20 one ratitin per day .
Sec & And belt further enacted, That RON anil
sfteTthe passage of this act no commanding officer
Of any vessel In the navy ahall be requtred 70 per-
form the duties Of paymaster or assistant pAymn1s'
ter; and when suelI ONCE ahnH become vacant "
death or otherwise, In ships At on tOre4 sta.
tfons or on the Pacific coast OF the United states,
the senior oesr present may MAXI Sn the dtie
until another paymhster or, assistant Paytn
shall report for duty. Any person performing tin
dance with this section (but not otherwise) shall be
entitled 70 receive the pay OF grade whilst 81
sss' S. And he 1t further ebaeted That each "a.
sistsut paymaster shall upon his appointment enter
into bonds in the amount Of ten thnusand dollarsl
the faithful performance Of his duties and that as
Sistant payrnasters shall have rank and precedence
with assistant sn geons not passed and t9 ~ an
ters shall be made by regular promotion from tbs
list of assistant paynlRst eTg. ip 14.ELiit
Sec g. And be IL further enacted ThatiW within SIX
months after the expirat Of the present
tIon the corps Of paymasters and assistant Paymas
tiers shall be reduced to the nuInbSr OF
" 4p1Fgysd. July II, 1851: VA 559
EPUuIC-No. 81 kss4ss
ANaAcT to authorize aaEational Loan and for
aF other purposes.+t A fse
BE It enacted blythe Senate and House Of Repre-
EentatiYes Of the United States Of hmeEiea In Con-
lie and he IL hereby authorized 10 borrow, on tlieg
credit of the United States, within twelve months
from tue passage Of this act sum not
tyo hundred and hiy millions OF dollars or 80 nIlch
thereof as he may deem necessary for tile public SER
vice for which he Is authorized to7iEsue coupon
bonds, orregisered bonds or Treasury notes IN SUCH
iroportionS of each he may deem advisable; tile
bonds to bear interest not exceeding seven per cent.
per annnm, payable semLannualIy, irreieemnble Tor
n eDty yeaII and after that period redeenRLe ut
the pleasure Of The United Suites; and the IfeeAnfy
notes be Of any denomination hxed by me seeED
tsry of the Treasury, not less than ttty dollars anu
10 lie PAYABLE three years after date, with interest
Mt the rate and three,te nts per centun per
Huuun, nat,abIe semi anHually. Aud the Secretary
or the Treasury may also issue in exchange for eo,
and part OF the above loan, or may pay Tor sAaFiSb
other dues from the United states, treasury note
Of lessdenoninaton than my dollars not bearing
Interest, but payable demand by the Assislaht
Treasurers Of the United States ~ New
York or ROstCn or Treasury notes bearing interest
Mt the rate OF three and sixty huudredths per
centum, payable in one year from date anu eXchauR-
abe At an 3 fine for Treasury fifty dollars
and nnSaE IA isspaLie under the authority OF this
act, and bearing interest as specified above Provt
iIed, That no exchange OF such n1tes III any less
amount than one hundred dollars shall be made At
any one time: And provided further, That 10
Treasury notes shall issued of less denomination
than ten dOIlarB md that tile whole amount ~ 4
Treasury notes not bearing interest issued under the
authority of this act, shal not exceed nifty millions
Sec D And be It further enacted, That the TTea-
snry notes aud bonds Issued under the provisions OF
this act shall be signed hy the Fifat or second Comp
trOIleT or thGKegtster Of h Treasury and counter
signed by such other officer officers OF the Treas
uTy as the Secretary OF the Treasury may designate;
and all such obligations Of the denOnnAtonUf NIFTY
dollars and upwards, shall be Issued under the senI
of the Treasury Department. The reE1-tered DOn'Ia
sII he transferabie on the books 81 the Treasury
an delivery Of the certificate, and the coupon bonds
and Treasury notes shall be tTdsieiahl TIL delivery
The Interest coupons may be signed by SUCH person
or persons. or exc utGd III such mRnner. As may be
designated by the Secretary Of the Treasury, who
shall FIX the compensation for the same
Sec 8. And be 1t fnrther.enacted, That the Secre-
tnry OF the Treasury shall books to lie opened
for anbscriptiOn the Treasury notes for my dol
lars and upwards, at such pltces as lie may desgnate
in the United StateE and under such rules and reE
lAtions ms he may pTescTtbe to Dc supeEhteneeG ny
the assistant treasurers of the United states at ter
respective localities and nj other places pS SUCH ue-
lositores ppsimRRtPrs md other persons as lie may
designate notice thereof being given in at least TWO
1n6lisisd IN the several places where
subscription bOOksmay beOpened; and subscriptions
for such notes may he received from all persons ySn
NAV desire 10 subscribe any law TO the contrary not
and fa larger amount sIaiI Oe SUI
Ecrbed in the aggregate than At one
the Secretary Of the Treasury Is authorized TO re-
Ceiye tho sanle should lie deem 1t adSantngeoust
the public INTEREST," and If not, he sh accept the
amount required by giving tile preference 10 ths
smaller subscriptions; and the Secretary OF the
Treasury shall fix the eoinpen -ion9 OF the pubic
officers or others Tor sa db sa
any other duty In connextun with ths act no conf
pensation for services rendered sIau be allowed nT
paid to any public officer whose salary is estaDIhed
y law; ard the secretary Tho Treasury may nlso
make such other, rules ar eguatons us he may
deem expcdicnt touching thu instalnient to be paid
on any subscrintion at the time Of subscribing, anil
further payments by instnlml nts or otherHise anu
penalties for non.payment OF any instrument; anu
also concerning the receipt, deposit. and sale Keep
ing of money received from such subscriptions nhtI
the same can be placed in the possession of ofiein
contrary notwithstanding. And the Secretary Of
the Treasury Is also authorized, II he snail ueen ~
cxpedient, before opening 1ooks OF snusCElpuoh 20
above provided, to exchange for coin or pay Tor
public dues or for Treasury notes Of the issue o.
twenty third Of December, eighteen hundred ami
hty-seVen, aud falling due onthe thirtieih Of june
Q ghteeh hundred and sixty-one, or for treasury p.
notes issued and taken in exchange for such NOTES,
any amount Of said Treasury notes for MY dollars
or upwards not exceeding one hundred millions-o
Sec. 4. And be it further enacted, That, before
awarding any portion Of the loan in bonds author
lied by this act the Secretary Of the Treasury If u
deem It advisable issue proposals for the same IN
dayss public notice 10 two or more ofthe public
newspapers In the city OF Washington, Ahd IN snci
other places Of the United States as he may deeni
advisable designating the amount Of such loan tlio
plAce and the time up to which sealed pToposalsM
Ia received for the same periods for the payment
and the amount of each instalment in whichi II IL
10 be paid, and the penalty for the norpHyment OF
any such instalments, andwhen Hud where such pro-
posalB shall be opened In tile presence Of such per-
sons as he may choose to attendi and the Secretary
of the Treasury Is authorized to accept the MOT IA
vorabIe proposals. offered by responsible bidders;
Provided, That offer shall be accepted al less than
par. a..trl. ID 5F.Ff=E.il-l l.lI..s .Ela -
tAfy Of the Treasury may, II he deem IL advisable
negotiate any portion Of said loan, not exceeding
one hundred millions of dollars in any foreign cOun
try and payable at any designated place, either In
the DATED States In Europe, and may issue regis,
tered or coupon bonds for the amount thus negotiA
ted agreeabiy to the provisions Of this act bearing
interest payable semiannualy, either In the Unite
States or any designated place in Enrqpe and no