Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-12-06

Intiss II or asistant paymastsF inaceor
dance with this section (but not shal La
entitled 70 receive the pay Of such grade whilst 80
Sec. s. And 10 1t further enacted, That each Ms
sa upon re So SSr
via A. lAASt two good and SUFFICIENT securities, for
the faIhfaI performance Of his dnties and that as
gtant sha nave Ee9k ana S al M
p6lntm6nts to llTaeancies In the corp! OF paymaA-
teTs Shail be made by regular promotion from the
~ = Il And be L further enacted, That wthinsx
months after the expiration OF the present insnrrec
ters shh1 Be reduced to the number Of seventy-ays
= Approved sipf July II, 1851.
[PUBuc-No, 81 s,5
AN ACT to authorize National Loan and for
other purposes Ia
Be It enacted by tbs. Senate and House Of Repre-
sentatves Of the United States Of America in Com
Vres assembled That the Secretary Of the Treasury
be and he II hereby authorized 70 borrow, on the
credit Of the United States within tMsivS menus
two hundred and ity millions OF dollars or 50 much
thereof as he may deem Necessary for the public ser
bonds OF registered bonds or Treasury notes 70 such
proportions OF each n he may deem adTtsable; the
odsto bear intereSt not exceeding seven per cent
per aunun, payable semiannpAlly. iFredeemable Tor
twenty years, and after that period redeemAbIe NJ
the pleasure the United States; and the TreaSaIy
notes to be Of any denomination hxed by me seefe
tary Of the Treasury, not less than my dollars and
to be payable three years after date with interest
ut thernte ofseTen and threetenths per centum per
Hupunf, payable semiannuRlIy. Aud the Secretary
az the Treasury may also Issue in exchange for c0
and AZ PSr5 u ts uSted states
OF lesg determination than hfty dollars not bearing
Interest but payable on demand ~ me
York or Boston, or TreABury notes bearing interest
at the rate Of three and utxty-nIe hpndredthA per
SiIs al any time Ior Treasury notes Ior nifty dollars
and apWaid5. issuablS under the authority Of this
net; and bearing interest az specified above: PrSN
leds That no exchange Of such notes IN any les.
amount than one hundred dollars shall pc made at
any one time: And provided further, That M, M
than ten dollars, and that tile Whole amount Of
Treasury notes bearing interest issued under tue
authority Of. this act shall not exceed ntty millions
Sec = And be 1t further enacted, That the Tres.
s,,ry notes and bonds Issued under The provious Of
(bis act shall be signed by the First or Second Comp
tTOller or tho Register of the TreastFy and counter
signed by such other oteeE or Officers o. me Treas
and ali such obligations. OF the determination Of my
Toilars and upwards, shAi be Issued under the seal
shall be transferable on the books OF the Treasury
on delivery Of the certificate, and the coupon bonus
The interest coupons may be signed BY such person
or persons, executed in such manner as may be
designated by the Secretary Of the Treasury, who
shall hx the compensation for the same
Sec 3. And be II further enacted, That the secre.
tary Of the Treasury shall cause books to be opened
FIR subscription to the Treasury notes Tor my dol
iHns and unWars ut such places ha may designate
In the United States, and under such rules and Fe
latiOns as he may prescribe to 9e ~ w
respective localities and at other places by such DC
Poiitores postmastsFE and other persons e. he may
Designate notice thereof being given in at least two
daily papers of this city, and in one or more public
newspapers published In the several places where
subscFpton books may BIO opened; and subscriptions
Tor such notes may be received from all persons WHO
may desire subscribe any law TO the contrary hIt-
and II larger amount sh ~ o Ds , f%S
the Secretary 0f the Treasury is authorized TO ra-
eeve the, same, saould he deem It advantageous 70
the public interest; and II not, he shall accept the
| smaller subscriptions; and the Secretary Of tile
| oilceTs or other designated for receiving said sn
scriptions: Provided, That, for Performing this or
any other duty in connection with tins act no e1-
4 paid 70 any public officer whose salary Is establsEe
by law; aud the Secretary he Treasury may Also
deem expedient touching thu instalment TO be lai
on any subscription at the time Of subscribing and
further payments by instruments or otherwise and
peualtieS for non.payment OF any instalment, and
also concerning the receipt, deposit and SAFE keep,
Ing Of money received from such nnli
depositorieB Of the Treasury any lawor laws to the
contrary notwithstanding And the Secretary q
the Treasury Is also authorised, II he shall deem It
expedIent before opening books Of subscription as
above provided, TO exchange for coin or pay for
pnhlic dues or for Treasury notes Of tho Issue Of
twcnty.third Of Decamber, eighteen hundred and
hftyseVen, and lling due on the thirieth OF juno,
eghtesn hundred and sixty-one or for Treasury
notes issued and taken in exchange for such notes
any amount OF Gd Treasury notes for my dollaIs
or upwaTdS not exceeding one hundred millions of
See. T. And be further enacted, That, before
aw3tdlng any Of the iSsn nm n bonds sus y
desni Il sdyiIabe Is issue proposals for the
fthe UnIted States shall give NOT less than hneeu
dayH' public notice in two or more Of the public
feyspapers In the city OF WRshIngton, and In such
stiieF places Of the United States he may deem
advisable designating the amount Of such loan the
place and the time up 70 which sealed proposals will
be received f6rthe same, tho periods for the payment
and the amount Of each lnstalment In which II y
be paid and the penalty Tor the n, n o.
pbsas shall be opened in the presence Of such per-
sons IA he may ehooae 70 attend and the Secretary
OF the Treasury Is authorized TO accept tho most ia
yorable proposals offered by responsible bidders:
Provided That offer shah be accepted At les than
Sec: g. And bR Il further enacted, That ths-Secre-
itary Of the Treasury may, II he deem II edTsabls,
negotiate any portion Of said loan, not exceeding
one hundred millions Of dollars In any foreign eouil.
try, aud payable at any designated place either ia
the utsd States or In Europe and may tssue reSi--
ten or couuofi bonds for thh Atnbda thus HsgotfA-
ted asTeeabiy to the pruTEions OF this AC beatftg
intarcSt payable sqmRupu1l1yS either II The United
States ii any designated Plaee In Rprppei and no
6 further authorized TO appoint spph hgeltpr agents
under bis instt1edons and Tor paying the interest
Aren't d ssSfs md shs prescribe % them 81 tic
rules regulations and modes under which snehloah
shan Be sh sh t. naSe ROT sb II 4. ~
eoye from the for the loan and the ex'
change for the payment Of the principal ind inter
estfH EurUpD ShRli be at the same nate. s7en
Sec, O. And b. Il grRrted That stes
htfy IN Sufy nnt Of ion Ie1s than tttY
d6ilatS knthhftKed % u tiis set ebal have
rhftis Tn Gane or may cancel thsm and is1pe new
Es6f6s % an oddaf Provided Thht the az.
gresats ainount Or bbuds sud TfelFy n1tel lqsue'i
SSr The gUtng provisions Of this act shan nefUr
gFEeed tho fn1 alotnt Anth1tlfeg by the hrst SEQ
ton Of this act de p5Nbf issue OF Reissue
moi not ami etaso ana i.tsfuins agethG thirty.
fSt Of December, ekhtnon hnndrgd ard sixtystNol
Sec Z. And % ~ further enacted, ThRt the Secre.
taTy Of tho TUAlnrf = hpfRby authorised, whenever
he 6hail deem lt nsp0 Ia eEGha1ge for
t1ih u "a payment et public dnee, TreasuET not9s
Of Az q he aeuqI ions heretnho specified,
iftitsst 5f IL PET rt4futi pr
tHhntihs and parable - my tins not e1seedlfiS
twelve month ltom dAis etoy4ea that the asaoun.