Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-12-20

poEntments to hiI vacancies 10 the corps Of pay
Jersshan Je made by regular protn6tion from tile
Sc a Aud le K further enacted. That VithInIlx
Utilss aftsr the exPiEati Of the prssent lusEEe-
film the eUrSuf paynaRsteTs and asistaht payrlAA
is4r siall y lSdaeed 10 the nIber Of toyenty.bre
IL $sgsIs lsIy il, 1891.
ipvullo-=So. 81
H. An ACT to authorize National Loan and for
other purposes.
| Be II enAeted by the Senate and uouFe Of RepEe-
EentaIyeg u tie United States 0f America In Con-
gTesI astembIed, That the SECRETARY Of the Treasury
lie and BIZ n berety authorized . bOEToy' on sthe
credit Of the United States within twelve months
frOIn tie passage Of this act sum mot exceeling
two Iiuudrrd aud fifty millions of dolara or - neli
Thereof - he may deem neeeaEy FOR the public SER
bonds 0rFeisieTed bonds Treasury notes In sue,i
proportions Of each - he HiAy deem Adyisabei tie
ous bear interest NOT eSeeednk seven per cent.
per Anntn, payable SENT TTedeemRble ur
twenty yeats and alteI that period rrdeemable at
the pleisuTp Of The United STA aud the TfesuTy
oles 10 be OG any drnOlninAluA hEed by The sseIe-
taFy Of The ITesUry, not les thai fifty dollars and
to lie payable three yezn after date, With Interest
at the tate vTseYer and three eIs per centuuI per
Annun. paFnble uIIsantrially. And the Secretary
q the Treasury also issue IN e8otapRe for eoih.
and part OF the above loan, or may pay Tor salaFtts
Cr6Iher dues from the United states, 11easury
Of Jess denomination than hity 1plaEs 4t bearing
interest," but payable on demand by "a assistant
Treasurer Of the United States At Phihldsl7 New
YOrk Isos1on, Treahury Hotea ltzlrihs tertst
At the rate Of three and si1ty-iiye hundfeths per
alb any fins FOR Treasury notes tor nifty dothtis
aud upWa d., issuHBle under the authority Of tiiis
Act and beating interest ~ specified sbOTeE frUTt-
'let, That no exchanges Of speh nNte3 Ia any les
NnIdnnt than one hundred dOlan shall be made Ut
any one time: And provided further, Inst nn
TTesuFy invites shall lie tNuued OF less dennppatiOn
than ten dollars, and thAt the whole amount Ul
Treasury notes NOT bearing interest Issued under tic
authority OF this act shall not exceed hity miliens
sec >. Aud he II further enacted. That the Trea-
sgIy notes aud bonds sspsd upoe the provisions OF
F1tFS sltn11
tr6ef the nf tile tiisllry and counter
signed by such other Other officers Of the Treas
HTy tile secretary Of the Treasury may designae;
aud all such obligations ii the determination % nifty
dollars ana upwards ehhl he Issued under the seal
u the Treasury Department. The reEi5leTsd bnuis
un delivery Of the certificate. and the coupon bonds
and Treasury notes shall be tIansrraDtenn delivery.
The interest coupons may Oe aligned by snel person
or persons, or exc utJd IN snclFHmnneT, " may be
ilCsgBHted by tie Secretary Of the TISasuryi WHO
AlIali fix the compensation for the same.
Sec. 3. And W It further euArleI That the seCTc-
tary of tie Treasury tAll book to De opened
trr subscripIiOnto the TteAsury notes for my dol
lars and upwards ut such places as lie may designate
the United States mud under such Fnies and reE-
lAtIOns as he may prescribe, "a be ~
respective l6G HES, and NJ other piacts by such de-
ositories p1sinhSteFs Aud other persnna ns he mty
daily papers Of this city, and an one Or more public
newspapers published In the several places where
subscription btoksn may beppenedi and snhaeTtp
for such may lie received from all leFrOta u
may desTc snGsrTibe any Law To tile contrary not
outstanding; aud II larger amount shall be sub
scTibed ia tile than i required nj time,
tile Secretary II The Treasury Is authorized to
celTe The same, shuuld he deem II HdyaptaBeous to
the public interest; and II not. he tlin accept lie
| amount required by giving tile preference To tIiu
smaller subscriptions; and the Secretary Of tic
Treasury shall ti1 the conpen aItons Of the public
nireFs or OtheTs designated Tor receiving BAd sub
srriptiOns: Provided, Thai, for Tflrnlng this Or
any other duty In cUnntxi1n With this act, no cons
paid any public officer hUse sHlary il established
by law; tito SECRETARY he Treasury may also
deem e&pediEnt touching thu 10, talmeht to be paid
OH any subscription at tile Time OF subscribing, and
further Payments by lnsttlHil nta or OteTvise Hni
Penalties for nOI-payEient Of any instalplent and
also concerning the receipt, deposit. and safe kec-
ing MONEY received frnm such subscriptions. until
the EtHv can be PLACED the possession OF Official
lepostoTtes Of the Treasury, any law laws to tl
contrary notwithstanding And the Secretary ut
tile Treasury is also authorized II he shall deem It
expedient before openlng looks OF subscription ~
above provided, 70 exchange for coin or pay fur.
lhble dues or for Treasury notes u lie Ishne vi
ltyEeven, and falling due on the thTtieth Of Junc,
q Ehteen hundred aud st1ty7one, or for 1Teasury
notes Issued and taken In exchange for such nptss,
any amount Of said Treasury notes for ffty dollNIs
i or upwards uot exceeding one hundred millions Of
Sec l. Aud belt farther enacted That, before
Awarding any portion Of tho loan in bonds author
lied by tis act the secfstaty Of the Treasury II n
deenIit advisable to Issue proposals. for the saue In
tile United Stsies. shall give not less than tttcen
days pnblie notice IN two OF more OF tue putlIe
uthef= places II the United StateEas he may deem
advIEahle designating the amount q such loan tile
place and the TING up TO Which sealed NJ
and the amount Of each itistalmentin Wihclit e
TO be paid. and the renalt ~ tho 81
any Rueli instnlmrflts, sud tleu md
eposals shall bsopentd ID the pres IL tneh per
sons ae he may choose TO attend The Seeretnfy
Sor 4S plopoaIs oaFsd Ss b hGs
Provided, That offer De at less tltai
lar.
l tury Of tho TTeaguTyiHy, II he deem II advisable,