Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-08-09

See. s. And be II farther enacted, That each as
sisttut pSyulastsr SHALL upon his appointment enter
into bonds 10 the amount Of ten thousand dollars
With Al lest two good and sufhcent securities for
the faithful performance Of bis dutieA ana thSt -
EltAut pNymAsteTs shall have AN ah9 ~, 81 ~
With assistant Eeous NOT passed and that Az aP
poutunents 70 al vacancies In the corps OF payss-
iers shall be made by regular promotion nom the
ssr q And BE II further enacted That within SIX
months aiter the expiraIi Of the present tnsuTree
ton the corps Of paymasters and assistant payHiEs
- GpprOTsd, July II, 1851
IPrstIe-So. 81
AN ACT to authorize National Loan and for
other purposes.
Be it enacted by the Senate and House Of Repre-
septauves Of the United States OF America In Con-
Eress assembled That the Secretary Of the Treasury
be and he Is hereby authorized 20 borrow, on the
credit OF the United States, within twelve mouths
from the passage Of this act = sum not e1eee'hns
tWo hundred and nifty millions OF dollars or 30 much
thereof he may deem neSesry lot the pubic ser
vice. for which he "a authorized TO issue coupon
bouds rregisered bonds, or Treasury notes IN such
proportions Of eAch A. he may deem advtsablei the
bouds to bear Interest not exceeding seven Fer cent
Der annum payable semi-anh uAlly, irTedeemabie Tor
twenty years and after that period redeemable At
the pleasure Of the United States; and the Treasury
NOTES 10 be or any denomination fixed by the Secre-
tGry OF the Treasury, not less than nifty dollars and
10 be paVabis three years after date with interest
the rate ofseVen Aad thTeetenths pes centun per
Auuum, payable senLannuHlly. Aud the Secretary
Of the Treasury may also Issue in exchange for coin
CT other dues from the United states Treasury notes
Of less denomination than my dollars not bearing
interest, but payable demand by the Assistant
TreaAuTers Of the United States at New
York Boston, or Treasury notes bearing interest
At the nate Of three and sixty-dye bundredths per
eentuIu payable In year from date and exehang-
abe At any for Treasury notes Tor nuy dollars
aud up@aidS, issuabIo under the aIthority.of this
act, and bedTins interest Epecihed above: PToyi
I dei That no exchange Of such notes in any less
I amount than one hundred dollars shall be made II
/ any one time: And provided further, That no
ahall i-suesi denomination
( than ten dollars, and that the whole amount Of
Treasury notes not bearing interest issued under the
authority Of this shall not exceed hfty millions
Sec >. Aud be it further enacted, That the Tres
snry notes aud bonds issued under the provisions OF
this act shall be signed BY the Irst or second Comp
trollPr. the Register OF the Treasury and counter
signed oy such other ei-eE OF olhceEs Of 5he Ite'
ury the Secretary Of the Treasury may designated
aud all such Obligations oft denomination Of 6ty
dollars and upwards shall be issued under the seal
OF the Treasury Department. The ret;istered bonds
shall lie transferable the books Of the Treasury
delivery Of the certificate, and the coupon bonds
and Treasury Notes shall be transferable delivery
The interest coupons may be signed by such person
or persons executed in such manner, "a may DO
Designated by the Secretary Of the Treasury, who
( shaii tx the compensation for tile same.
Sec. b Aud be u further enacted. That the Secre-
tary Of the Treasury shall books to BE- opened
lars and upwards at such places As he may designate
in the United States and under such rules aud reEu
lati0ns he may prescribe to be EuPsrntenned by
the assistant treasnrers Of the United stats 4t
postories, postmasters and other persons be may
desguate, notice thereof being given in NJ least two
daily papers Of this city, and in one more public
newspapers published In the several places where
subscription boOksriay beopened; and subscriptions
for such notes may I've received from all PeEaons who
may desire subscribe any Law To thecontrry not
Vvithstandng and II "a larger amount shall be sub
sTibed IN the aggregate thants required at one time
the secretary oil inc iTsas1Fy Is auSuoLiLeo 70 re-
eetve tue same should he deem IL acknowledgement TO
the public interest; and II not he shall accept the
amount required by giving the preference 70 the
smaller subscriptions; and the Secretary OF the
Treasury shall Tx the compensatlOns Of the public
officers others designated for receiving said sub
scriptiJns: Provided, That for performing this or
.1v otbsr lntr In WON ,-tb fbIs Art ma rom.
pensaIion for services rendered stal be allowed or
paid to any public Oeer whose salary Is established
by Law; AID the secretary Of the Treasury may also
make such other rules and regulations as he may
deem e1PedIent touching the instanent to be paid
on any subscription at tho time Of subscribing, and
further payments by instaluitnts or otherwise and
penalties for non-payment Of any inStalment, aud
also conserving the Tcceipt, deposit, and safe keep
Ing Of money received from such subscriptions, until
the be placed in the possession Of official
dePoSoreS Of the Treasury, any law or laws TO the
contrary Notwithstanding. And the Secretary Of
the Treasury Is also authorized ifhO shall deem Il
exPedIeut before opening books Of subscription a.
above provided, to exchange for coin or pay for
public dues or for Treasury notes Of tho Issue Of
| tWenty-third OF December, eighteen hundred aud
ty-seyen aud falling due on the thirtieth OF june
eighteen hundred aud slxty-ons, or for Treasury
notes issued and taken In exchange for Eueh nOtes
any amourt Of said Treasury notes for hfty dolsrs
dOliars : ~ ''f1s '''' --''-.'' -''''''''
sec. & Aud be 1t further enacted That, before
aWuFdtng any portion OF the Loan IN bond9 autnor-
lied by this act the Secretary OF the Treasury II he
deem L advlsabs Issue proposals for the In
the Quilted States, SHAH give not lesS than aftsSn
days public notice In two or more Of the public
neWSrdpers Ia the city Of washiugton and In such
other PLACES Of the United States as be may deem
advisable Designating the amount OF such loan. the
place and the time mp 10 which sealed proposals Will
DO received for the same The periods for the payment
and the amount Of each inStalmsnt In which Il Is
TO be paid and the penalty for the non-Psyment Of
any such nstaments, and when Ind WI ere such pro-
poSas sha b opened In the presence Of such per-
N a \ md faFE
Of the TroaSuFy = authorised 70 accept the MOTT IA
ycFable proposals. offered by responsible bidders: |
Sec. 5 And be 1t further enacted. That the seere-
tary Of the Treasury may, 81 he deem Il advisable, /
nesotiate any portion % sid loan, not exceeding
one hundred millions Of dollars, In any foreign c1un-
try and payable AZ any delegated place, either in
the United States or In Europe and may Issue regis
tered or coupon bonds TOR the amount thus nGgotia
ted agesa6y 70 the Proyisions Of this act bearing
Interest payable seEniannuay, either In the United
States at any designated place in Europe; and he
Il further authorized to appoint such agent agents
- he may deem neeessAry Tor Negotiating such loan
under hls Instructions, aud for paying the interest
on the same, and to TX the compensation Of such
agent agentS aud shall prescribe to them all the
rules ulations aud modes under which such loan
Shall be negotiated and shhlt have power TO Ok the
nate Of exchange at which the principal shall 30 ne
change for the payment OF the principal and inter-
est in Europe Ehal be Al the same nate.
Sex O. Aud be It further enacted, That whenever |
any Troasury notes Of denomination less than my
dearS authorized 70 be issued By this act shall have
] pee4A Ee1eEal4lF Auo may
\ reissue the SAME may cancel them and Issue
/ notes 70 An equal amount: Provided. That the a.
ErOgate amount OF bonds aud Treasury notes Issued
under the foregoing provisions this &C; shall never
exceed the tan amount authorized by the frst So
tion Of this act; aud the power issuo or reissue
such notes shA and determine amer the thirty.
inst OF December, eighteen hundred and Glxty.tWo.
Sex 7; And b II fGrthsF eaaeted, That the ssere-
tATy Of the Treasury q hereby auihcEEe whenever
he shall deem il e1pedsnt. Issue In exchange for
coin, or In payment for public duea Treasury notes
o. any % the deuomlnations hOrsinbabro Speclh ed
bearing interest not exceeding SIX per eentuni per
Annun, and payable u any time not exceeding
twelve months from date provided that the amount
Of notes % Issued or paid HhAu az co time exceed
j twenty millions or dollars. 49, 7RI
Sec. s. And be 10 further enacted That the Secre-
tlry Of the Treasury ahal report to Congress Imue
dtatey atsr the essnm eneement Of the session.
the amount he hes borrowed under the provisions Of
this act, Of whom. anil what terms With an ah-
straet o. Al the proposals., designating thoss that
have been Aeceptea ard those that have been Eeie