Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-10-04

with assistant geons not passed. and that All ap'
puntments 70 MI vacancies in the corps OF Payr1as-
teFs shAl be made By regular promotion from the
list Of assistant paymAsterA
Sec. O. And Be Il further enacted, Ihat Hlthin 81
tIon the corps d ynlasters and allstant paymas
iers shall Be redneeA to the number Of seTentJ-nTe
:" Approved lipS July II, 1901.
tPUpuS-No. 81
AN ACT 70 authorize National Loan and for
other purposes.
BE II enacted by the Senate and House Of Repre-
fentafiyes Of the United States Of America in Con-
gres assembled That the Secretary OF the Treasury
be and he Is hereby authorized to borrow, on the
credit Of the United States, within twelve months
frum the passage OF this act sum mot eXeeedlng
hundre and nifty millions Of dollaTs, or 80 much
thereof as he may deem necessary LOT the public ser
bonds OF registered bonds Treasury notes in such
proportions Of each ~ he may deem advisable; the
ods to bear interest not exceeding per cent.
per anhum, payable ssmiannuaily, irTedeemable for
twenty years, and amer that period redeenRble At
tue pleasure Of the United statesi and the Treasury
notes 70 be Of any denomination hxed by the SecTe
tary Of the rreiury, not less than fty dollars, and
TO be payable three years after date with interest
the rate OTseven aud three tenths per eentnm per
AHnuni, payable semEannually. And the Secretary
Of the Treasury may also Issue In exchange for eoin
and part Of the above Loan may pay Tor salaries
CT other dues from the United States Treasury notes
Of less denomination than hity dollars, not bearing
Interest, but payable demand by the Assistant
TrsureTs Of the United States at Philadelphia New
a th6 rata OF three aud aixty-hye hundreiths per
centum, payable In ono year from date, and eHeans-
abe ut any time for Treasury notes for nifty dollars
aud upWaids, issuable under the authority OF this
ae aud bearing interest AZ specified above: PTuyi-
del, That no exchange Of such notes In any less
amount than one hundred dollars shall be made At
any ono time: And provided further, That no
Treasury notes shall be Issued Of less denompatOn
than ten dollars, and that the whole amount Of
TFsury notes not bearing interest issued under the
authority of this act sall not exceed fifty millions
Of dollars.
sry notes and bonds issued under the provisions OF
this act shall be signed by the Rlrst or Second Comp
troller, the RegaterO Of the Treasury and counter
signed by such other officer or officers Of the Treas
uFy a. tho Secretary Of the Treasury may designate;
Al all such obligations. Of the denomination Of hty
dollars and upwards shall be Issued under tho seal
q the LEsasny DsPaImsnt s rssIieFfa So@es
ca delivery Of the certificate, and the coupon bonds
anil Treasury notes shall be transferable delivery
The interest coupons may be igned by such person
or persons, executed in sucli manner, rs may be
designated by the Secretary u ths Treasury, who
shall M tho compensation for the same.
Sec 3. And be Il further enacted, That the Secre-
taLy OF tho Treasury shall eause books TO be Opsned
FIR subscription to the Treasury notes for my doll
lars and upwards at such places a. he may designate
Ia the United States and under such rules and reu
iatinnA he may prescribe, to be supertntended by
the assistant treluTerS OF the United states At their
respective localities, and ut other places by such de
pOsitOries pOstmasters and other persons as he may
designate, notice thereof being given In az least two
daily papers Of this city, aud In one OF more public
=
subscription books may beppened; and subscriptions
for such notes may he received from ali Pereons who
may desire TO subscribe any law 10 the contrary not
withdrawing; aud ifA larger amount shall be sub
seribe In the aggregate than Il required at one time
tile Secretary OF the Treasury Is authorized to re
ceiTe the same, should he deem IT advantageous 70
tile public Interest; and II not, ho shall accept the
amount required by giving the preferences TO the
smaller su6scriptions; and the Secretary Of tie
TrUasuFy shall NJ the cOmpen,ations Of the public
Officers or OthuEs designated Tor receiving said sub
sCTiptlOns Provided, That, for Performing this OF
any other duty in eOnnexlon with this act, COM
penSatiOn for services rendered shall be allowed
PAID 10 any public Oeer whose salary u established
iy law; ard the Secretary e he Treasury may also
deem e1pedisnt touching thu instalmeut 10 be paid
any subscription at the time Of subscribing, and
further payments by lnstalments or otherwise, and
peiIaltiea fOr ROn-payment Of any instalment, and
also concerning the receipt, deposit, and safe keep
Ing 81 money received from such subscriptions, nnfi
tue can be placed in the possession Of Official
dcOstOries Of the Treasury, any Law laws to the
contrary. Notwithstanding. And the Secretary OF
the Tre1sury e also AnthOrIed, II he shAn deem Il
eXpedient, before opening books Of subscription a.
above provided, to exchange for coin or pay for
public dues or for Treasury notes OF the Issue Of
tWsnty-thlrd Of December, eighteen hundred and
Afty--even, and falling due the thiTtieth OF june
eighteen hundred and sixty-one, or for Treasury
notes Issued and taken In exchange for such notes
any amount Of said Treasury notes for hfty dollars
or upwards not exceeding ono hundred millions Of
sec Z. And be Il further enacted That, before
awarding any portion OF the Loan In bnnds author
he'd by this act the Secretary Of the Treasury If he
ern, Il advisable to Issue proposals for the same in
the United States, sall give not Ios5 than Hfieen
dAysi pabIie notice In two or more Of the public
newspapers In the city OF Washington, and in such
other places Of the United States ~ he may deem
advisable Designating the amount Of such loan the
place and the time up TO which scaled proposals Will
be received for the same the periods for the payment
and the amount Of each ihstalment In which Il e
to DO paid and the penalty for the nOn-payment Of
any such instruments, and when and whore such pro
pOais shall Be opened In the presence Of such per-
sOas he may choose to attend; and the Secretary
q the Treasury is authorized to accept the most a.
vofAhlS proposals offered by responsible bidders:
Provided ThatnS oGer shall be accepted At less than
See. s. And be It further enacted That the Secre-
taTy Of the Treasury may, u he deem Il advisable
Negotiate any portion Of said loan, not exceeding
hundred millions Of dollars, in any 6reign eoan-
try and payable At any designated place, either ID
the udted States or In Europe, and may issue regis
tgrVi coupon bonds for the amount thus neentia.
ted asreoahly To the prUyisions Of ts act bearing
interest payable semiannuay, either In the United
States al any DESIGNATED place In Europe; and he
& further authorized 10 appoint such or agents
as no may deem necessary ibr negotiating such loan
under his Instructions and i0r paying the interest
on the same, and to AZ the compensation Of such
agent agents, and shall prUseEbu 70 them all the
rules regutatiOns and modes under which such loan
shal 30 Negotiated and shSll have power e AZ The
eeised non Tie cdntrACt0fl for tO loan, and the ex-
change for the payment Of The principal and inter
eat IN EuTepe ahall be AZ the same rat0. ff
Sec. Q. And b it further enacted, That whenever
any Treasury notes Of Denomination les than my
dollars authorized to be Issued by this Get shall have
ressue the lne, or may cancel them and issue new
notes TO an equal amount; Provided, That the ags
gfcsAio amount Of bonds and Treasury notes isue1
under the furegoins provisions OF this act shall never
ogceed The fn1 amount authorized hy the hrgt 40
tion Of this eeti and the power TO Issue or reiue
such not 4thA Cease and determine aftGrtho thirty
1Fat Of December, eighteen huldrpa and sixtyetW0.
See Z. And be Il further enacted That the Snere.
tATy q he Treasury b hsEoby althoFlsed whenever
be shah deem u eNpedent, 70 Issue In exchange foe
enin or IN tAylnent f5t puhle Quos, Eeashff nqtes
Of any q t6e asnoalnations heEeinbofoTs speeAed,
bearing Interest not exceeding IN per eenfnm reF
annuni ana payable - any time not oxcoo1lng
twelve mouths from data, provided hat the amount
q uoies sqissplaor Rtid ahAllyat 10 time O1copd
tH6nft nfIlIuns q ddlIars = Z u f.taVlLlffl
Sec. & And b q fagth1F enacted, That the Secro.
tary q the Ifeanry shah TefdFt - CpnhrgI8 immo
dlafGy hftrr the comm feeinCht q the no1t tossion,
thiEacfi 81 Wl1i8 Rnd nnWhst toFuls, Win ~ a.
street % Al tie PROPOSALS., Designating thee that
have been Neeepte1 ard thgso tAt have been rVIert
cd and Tia AMOUNT q bondl Or Treasury nQbos that
have been Issued or tie sane. = -... 1850
80. Q. Ard ~ q further enacted, That the hlth
Unnnau L