Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-09-12

u
uaiil another Payrnaster or assistant payulaster
shall report for duty. Any person performing the
duties OF paymaster assistant paymAster In aecnr
dance With this section (but not oterWsel shall be
acting. -
gttnt paymaster Alall, upon his appointment enter
into bonds In the amount Of ten thousand dollars,
with At least two good and sutieent seeuTties for
1.-THE f,ithfu performances Of his dutles, and that
slstant paymasteT1 AhAl1 have rank and preeedenee
with assistant SUI geona not PAsse and that all a-
pointmenta TO III vacancies In the corps OF pAytas-
teFa shall be made by regular promotion from the
list Of assistant payniasters, 1900,
Sec. G. And be II further enacted Illat Tithln six
months after the expinti n OF the present ihsnITe
tion the CORPS Of paymaSters and aAsstant paynlas
lsrs shall b reneed to the number Of ssvsnty-hve
u a sipp July II. 1881.
GPUHle-No. 81
AN ACT to aathorile National loan and for
other purposes.
Ne Il enacted BY the Senate and House Of Repre-
sentatlTes Of the United states Of America IN Com
GTes assembled, That the Secretary Of the Treasury
Le and he Il hereby authorized Ia borrow, on the
credit o. the United States, within twelve mouths
frOn the passage Of this act sum not exceeding
tW0 hundred and hty millions u dolara o. 50 much
thereof a. he may deem Necessary for tie public SER
vice. for which he is authorized to Issue coupon
bonds OF registered bonds or Treasury 1otes IN such
bds 70 bear interest mot exceeding per cent.
per annum, payable Substantially, iTredeeniable for
twenty years, and hfter that period redeemabe At
the pleas ure Of the United States: and the Treasury
notes 10 be Gf any denomination fixed By the Secre
taTy Of the Treasury, not les than my dollars and
10 ie payable three years Afer date, with Interest
II the rate Ofseyen and thFee-tentB per centu per
annun., parable setniannnaily. Aud the Secretary
~ the Treasury may also issue ia exeauge for coin,
aud rs trt OF the above Loan, may pay Tor SALARIES
CT other does from the United States Treasury notes
pf LEES denomination than my dollars not bearing
interest, hat payable on demand by the Assistant
TTeasurers Of the United States Ot Philadelphia New
York Bastan, or Trtasury NOTES bearing interest
mt the rate OF three and slNty-ivo hundredihs per
eentun payable In year from date, aud eHehAng
abe mt any time for Treasury notes Tor nifty dOias
aud upua d. ssuable under the authority Ofthis
act, and bearing interest specified RDove ProVi-
def. That exchange Of such notes Ia any less
amount than hundred dollars shall be made Mt
Treasury notes shall Ie fiIgs Of less denomination
/ tlnn tel dollars, and that tho whole amount Of
Treasury npie not bearing Interest tssued under the
authority Of this act shall not exceed my millions
| Of dollarA
sec 2 Aud be 1t further enacted, That the Trea-
Ery nOtes and bonds issued under the provisions Of
this act shall lie signed by the frst OrSeeOnd Comp
trpIeF the Register % the TreasuFy, and counter
signed by such other ofser or officers Of the Treas
uTy the Secretary OF the Treasury may desiguatc
and all Bueli obligations, Of the denomination 81 fifty
dollars and upwards, sllal be Issued under the seal
Of the Treasury Department. The registered bonds
shah le transferable the books OF the Treasury
delivery OF the certificate, aud the coupon bonds
and Treasury uOtes shall be transferable delivery.
The Interest coupons may be signed by such person
l or TeTsohss exc. uttd in eueh manner may be
designated by The Secretary of the Treasury, who
| shall Tx the compensation for the SINE.
Sec, 8. And he IL further enacted, That the Seere.
tary Of the Treasury shall cause books to be opened
fr subscription to the Treasury notes for my dol
lars and upwards, at such places as he may designate
ia the United States, and under such rules and rei
lationi aa lie may preaeTibe 10 be superintendent by
tile assistant tTeaSurers Of the United States at their
respective localities and At other places by such de-
pOsitOTes postmasierS and other pcrsons as he may
designate. notice thereof being given In at least two
daily papers of this city, aud in more pnbc
newspapers Published 10 the several places where
snbscPtion bCOkslnay bcUPenedi and subscriptions
Tor such notes may lie received from all persons Wa
may desire To subscribe, any law to the contrary not
outstanding; and ifR larger amount shall DO sub.
Fbcd In the UEEregate than required a one time
the Secretary Of the Treasury e authorized 60
eeiVe tho same should he deem Il advantngeous to
tie public Interest; aud II not. lie shal accept the
SMALLER sSiIserit,toSi md the Secretary Of the
Treasury shall Ok the eoInpen ltious Of the public
oirsIs or others des gnated for resolving said sub
sTiptionsI Provided, That, for performing this OF
any other duty in cOnnexi0u with this act. com
pensati0n for services rendered shall be allowed OF
paid to any public 6ieer whose salary l. established
by law; AID the Secretary Of the Treasury may also
make such other rules and regulations ~ he may
n deein expeient touching the instalment to DO paf
any subscription at the time Of Subscribing, and
further Payments by instalments otherwise, and
peaalties flr hOn-payment Of any instalmsnt. aud
ting u money received from such Subscriptions nnt
tile same can be placed in the possession OF official
o. is Any Az, % ss 70 ta'
ths Treasury is also authorized, he sall deem Il
eSpedient, before opening books Of subscription q
al9yo provided, TO exchange fOr coin pay foI
lpublle dues or for Treasury notes Of the issue 81
tWtiIty-thiTd Of December, eighteen hundred and
aityseVen and falling due on the thirteth Of June
eighteen hundred and sixty-one, or for Treasury
notes Issued aud taken In exchange for such notes
any anOu"t Of said Treasury notes for any dollars
dollars.
sec. I. Aud be It further enacted, That, before
awarding any portion Of the loan In bonds author.
he'd by this act tho Secretary Of the Treasury II he
deem It advisable to issue proposals. for the In
the Uuited States, shah give not less than fileen
newspapers In tho city Of Washington, aud in such
utheF places Of the United States a. he may deem
advisable, designating the amount Of such loan the
place and the time mp 10 which sealed proposals will
be received fr the same, the periods for the payment
anil the amount Of each instalHept In which It {,
20 b paid, and the penalty for the non-payment 81
any such ihstalInents and when end where such pro
Poa1s shal y opened n the PFosPnee Of such Per.
sous a. he may choose to attend and the Secretary
Of the Treasury Il authorized 70 aeceht the ni1st IA
NurAble proposals. offered by responsible bldaers
Provided That Oer shall be accepted at less than
Sc. 5, And be Il further enacted That the seero-
tary o. the Treasury may II he deem Il advisable
negotiate any portion q said loan, mot exceeding
6aS rodmtlionI q ioliars n asy freisu e6ur,
Try, aud payable AZ any Delegated place, either IN
the u,dlted States or IN urorg aud may i,e ieRiS
tered coupon bonds Tor the amount thus negotia-
ted agreoably 70 the proEiznns Of this act bearing
interest payable substantially either In The United
States OF az any designated place IN EurOpe; and he
& further authorized TO appoint such agont agents
- be may deem necessary flr Negotiating such loan
ane2E Ms AMI ioF paying ne tnteresi
agalt or agents. and shall prueFbe 70 them al the
rules, regulations, and modes under which such loan
sha1 be negotiated, and shall have power 10 fx the
nate Of exchange Al which the prinepai sal Be
cived IRON the oputTaetoFa ior the loAn, and the
change for the payment OF tie principal and inter.
est IN Eufope shall b ~ thu same Tlte.
See. Q. And be Il further enacted. That Whenever
any Treasury notes Of Dissemination los than flty
doaFs authorized 70 Be isnol By this shah hhJg
been redeemed, the Secretary q the Treasury may
rei.suF the Ealnes may cancel them and iile new
NOTES 90 an eQull amount: Provided. That the az
gresate auoaht % bonds and Treasury NOTES issued
utter the ioEeUing roVisdns OF this att shai nGTgl
eceeed TIE mn amount authori1ed by the hrut $50
ton OF this leti aud the power b Issue reissue
Sleh not lan eeasl and determine afer tie thirty,
arst o. DeecEher, eighteen hundrIl and sixty.tWu.
L Seo.l And b . further eaaeted. That the SecTe
h shan deem Il eXpodOnt, % issue IN exehans ful
coin, or n payueAt lor public Dies Trcasgrr notei
of any Of tao dqnuIlinatidnE horpinbef1Iu specified
bearing interest not Exceeding six Per eeafuu pet
annum. and payable at ny tine not exeeedlns