The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-10


books Of subscription to be opened speedily as prac
ticabc in the several cities and principal towns of the
United States, In order that all citizens who desire to
subscribe To the loan may have the opportunity Of doing
so. Meanwhile, those who prefer that remit
any sum which they may wish TO invest in the loan to
the Treasurer Of the United States at Washrgon to
either OF tho Assistant Trcosurers at Boston, New York,
Philadelphia or s. LOUIS or to the dcpcsitay at Cinch
natl, whose certificates will enc tho holders to Urea
snry notes on the terms already stated The patriotism
Of the people is not to be doubted will promptly re-
- ?. CHASE, Secretary Of the Treasury.
| WASHINGTON, August 81, 1851.
LAWS AUTHORIZING THE LOAN.
| AN ACT TO AUTHORIZE NATIONAL LOAN AND FOR
| OTHER PURPOSES.
Be It enacted BY the Senate and House of Representative
Secretary and %s hereby sS
to borrow on the credit of The United states within twelve
az sa mot ss'tss S as
Tr o c or s Sf SaSs as
advisable The bonds esceedng seven per
sen,am per annan payable scn-anuualy, irrrdcemablc
NE United siss ana III" TssasS az notes ss
say y dollars and 10 be payable three years.
after ate with interest at the rate Of
Secretary he nay Exchange COLI"
& dues f c usd %ss ray eas aa
notes Of ,o less denomination than nty dollar. not
s 1 1nd sss at ~ The
." ss Or sssa p
~" S S asrs and IT,
ssnab under the authority q this act. aud bearing
in any less amount than one hundred dollars shall be
notes shall be ssed Of less standardization than ten oar
ns ShGH Ss I Of III. moi bearing
Sec And be It further enacted That the Treasury notes
ssnSa By The t,rs ssssaa c%ppS'sr sisr
Of the Teasay he Secretary Of the Treasury may
a and ss BE- R d aSa Inc sa Of
ne on she fs Of
ss s ss @ by by s" %e nna nss
Ssa y s ns1sGa Gp @ ar s hs r IN s
Sec .Rs sisss Is The
the e Treasury notes for f dollars ana UPWARDS a such
rules he may prescribe 10 super.
SS by We ss a, Of S rsG q.
stres and other persons az he may dcaenate
places where aascrn!iom Books a b. n and md
subscriptions such may received from ali per.
Who sy a ana 70 snsr l amy lay to h nS
Thu e ry ' IS an TsSd to at rs SSf s
be deem It aayantoeco"s, to the public interest; and
he not Sr eq ssa to a' ss nS 0 Rs
Secretary Of he Treasury shan IN he compensation Of
subscriptions Provided That for performing this any
snacra @ be w aWed o Id to ay p d
Ger whose salary Is established y w; and the Secretary of
as he may deem cvedcn touching the nstament % be paid
y S @ ~ aad pen sna t%r n"n
aymcn Of any nstament and also concerning receipt
sS c ss qn s can f SG in the rHcSSn Of
Hc contrary Notwithstanding Aud The Secretary 4 the
r ys also So n he 4 ass esSdn b.
OF S OF M M Of D sses for ags sas
cishee hnntr5a aud sky one FOR Treasury issae
and taken in esrhaUge fer such notes. of said
Treasury no's tor fifty dollars upwards exceeding
See 4 And ts it further ena ted That before awarding
hIs To
proposals tho same the States sn give no,
@ @ % %' of wah i@c or and nS e 1sS
cn the Of @ an me- hsy place aes and gr @
mp to which sealed proposals viii he received for The same,
which il Is /" lie ld and tue penalty for Inc 'n noa
proposals s be Opened in ii" presence Of suc persons a.
may Coorc to ae and 'he Secretary Of The Treasury
teponse bidders provided that Offer sbal be accepted
See And be i further enacted That The Secretary Of the
a Sa y Not ee deem ae hasa r @ssn any Gs IN
any foreign county and payabis at designated place
islerd coupon bonds for The amount nero,iatcd
semannaa either in he United States or at any dcs
ina,ed place in Europe; and he further authorized APP
Fosting such loan u'der his nsitons paying the
agent or agents and s prescribe 10 ,he al i 81 r s,n
,sguaions and under which such loan shall be nes
yhi,h dc principal sa be received sonacors for
Espc Ss s Be at ts s saSs r at ' principal
surg 81 ana ne s GnD' That T9SHGyGr any Trsa
lied to be issued by this shall have been reeeied he
them apa new notes Z an equal a,aoa Proy 't
sad nn r g l bonds ara Treasury notes
exceed The fun amount authorized by the of his
and determine after The thirty day of December eighteen
sr And be II further enacted the Secretary of the
Treasury hereby authorized whenever he shall deem
he dues rrqasqy notes Of any Of the denominations herein
w obs from ana aes oy a aiy ume not eX,ednE
at In
Sec And be further enacted That the Secretary of the
Treasury shan report to Congress- Immediately after
OF the next sion the he has borrowed
provisions this whom what
with an abstract Of ell The oposas designating those that
ne amount Of bonds or Treasury notes tina, have been Issued
Sec . And be further eracied, That The faith the
@ ss aad nely senny pledged Tor the nent Of
,hor2ei by this act.
OF tie chsa Ar act 10 le9 ;c e II Tsaa
notes approved The twenythd day December eighteen
hani cd and hitysevon So FAR the
to the Of this act ana not ineonsisten,
sec II Ana be further enacted That to defray all the
ip S aq e1 S o much S hep n s
1 be- end The same hereby appropriated to be
paSG OIL any money in the Treasury not otherwise 'ppro
Approved July Ii, 1861
AN ACT SUPPLEMENTARY TO AN ACT ENTITLED IAN
ACT TO AUTHORIZE A NATIONAL LOAN, AND FOR
OTHER rURposEs''
Be enacted i the Senate House of Representatives
e boz bonds of h S G. sG IsasoSy hey 70
ssntnsi per amnnm and payable at the pleasure of the United
Sas aef ."ths years rom date; and f any holder of
notes, bearing Of
uree-tchths per eenum, which issued under the
authority Of the act 10 authorize n national loan and for other
Proposes approved July seventeen eighteen hundred nd
tyohe Fha desire 20 exchange the Tor said bonds
we Seer. AIRY Of the Treasury any time before or al
the maturity of said Treasury 0tes issue to said holder In
payment thereof, amount OF said bonds equal Il, The
amount which. the time OF payment or eycbnnep
my due Oh said Treasury notes; but such bonds shall
e lhs' Tor less than I've hundred dollars nor shall
e Wpe amount of such bonds exceed the Yhoe amount
,tls.,! oeS bearing seven and theeeNhs per crhuIn
interest gGed under said and any sry
notes payable on demand authorzad by SAID act may lie
naue pyabr ~ he assistant St Louis or by
The Gepusllary a Cincinnati. -
Aud DC II further enacted That notes
issued under the prov the u,id aci t a,hor %
t0Da loan and fer other puroses or Of any otcr 49,, 20 In