Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-12-17


into bonds In the amount Of ten Thousand dollars
with II least two good and sufficient secnIites for
siStant shall have INK and precedence
with assistant scons not parsed and that All up
pointmentsto III vacancies in the corps Of paym9e
tsrS shall 6e made by regular promotion from the
II Sec. q And Be Il further enacted That within SIX
months altar the exptEa Of tls prsSslt insgLIse
tiers shall be reduced to the number OF ssysnty-ye
Il In the whole. u tll 81 US stA=t 80
Approved. july IL. 1891.
[PUBII0-Ho. 81
AN ACT 70 authorize a National Loan and for
$50 i7E5A3 2 other purppse9.
Il BE 1t euRctel by the Senate and House OF Repre-
sentaiyes OF the United States Of America in Conc
gress assembled That the Secretary the Treasury
4 credit Of the United States, within twelve months
Irpm the passage OF this act, sum mot exeeeding
1.-Two hundred and fiy millions Of dollars or 80 ueli
thereot Al he may deem necessary for the public SER
vice, for which be is authorized TO Issue coupon
bonds bonds Or snsiI
bonds TO beAr Interest not exceeding per cent
Il per Rnnnui, payable senannuaily' trretsemabe Tor
twenty years, and amer that period Fedeemnble at
Il the pleasure OF the United Stntes; and the Treasury
Iloes TO be Of any determination hxed by the seere:
IAfy OF the TreaGuTy. not less than nifty dollars and
10 he payable three years after date, with interest
Mt Ofseyen and threetenths per centntn per
Il Rnnun, parable ssinIannuAly. And the Secretary
Uf tho Treasury may also In exchange for CUin,
and as part OF the above Loan may pay Tor salaries
or other dues from the United States Treasury n9tes
/ intErSst INF psyable ON demand BY the Assistant
Treasures Of the United States Nt New
York or boston, Treasury notes bearnE Interest
4 at the three and sxty-iye huDdredtlls per
eentuu payable In Que year from date, and exehAnR
and upwaids, issuable under the authority Of this
act and bearing interctt as specified above: ProVi-
4 tet, That no exchange Of such notes IN any less
i amount than hundred dollars shall be made at
/ any one time: And provided further, That no
Treasury notes shall he ssdud Of less denomination
than ten dollarSi and that the whole amount OF
Treasury notes, not esued under tho
authority Of this act, shall not exceed nity millions
| Of dollars
sury notes aud bonds iasued under the provisions Of
this act shall he signed by the First or Second Comp
trOller or the tile Treasury and counter
signed by such other oCer or otieers Of the Trts-
nTy as the Secretary OF the Treasury may
dollars and tpyaI d. shall be Issued under the seal
Of the Treasury Department. The reKtsteIed bunls
sliAl be transferable on tue books q lhe
and TTeasury nOtes shall be 1h delivery
The Interest e0uPons may be sigued by such PeTeon
or PERSONS or exc, utCd In such manner, ~ may pe
designated by the Secretary Of the Treasury, WHO
sllali fx the compensation for the same.
Sec.3. And be 1t further snAcled, That the SeerS-
tary OF the Treasury shall books to 10 opened
\ Er subscription 10 The Treasury notes for my dol
inth United states aud under such rules and TeFli-
lAtiOnA he may prescribe, 10 be superintendent by
tile assistant treasurers Of the 81 ter
respective lUc ies, and at other places By such de
loitoFies ppSmasters, and other peTsons AZ lie mny
blesguate notice thereof being given mat least two
Newspapers published in the several places rherr
subscription books may beoPenedi and sn6seEPtiei's
for such notes may be received from all persons Win
may desire to subscrbe any law to the contrary not
withdrawing; aud IL larger amount ahAlllbe sub
ssbsd 10 tue teSn = ~ 9s ssEs
ceIye the same shOnld he deem It advantageous to
the public interest; aud not. lie shall accept tho
smaller saiseriptions; and tie Secretary Of the
Treasury shall hx the eompeu ations Of the public
officers or others designated for reesiytng said suit
serIti6fs: Provided, That, for Performing this or
any other duty In ednuexOn with this act, no e9l-
IensaII6n for services rendered shall be allowed or
paid any public officer whose salary Is established
by law; AID the secretary he Treasury may also
tisem eSpedIent touching thu nstament TO be paid
on any subscription Ut the Time Of subscribing ami
further Payments BY M NJ, OF AMI
also concerning the receipt, depost, and safe keel
ing Of money received from such subscriptions ngtl
the sanis DO placed In tho possession Of Official
dSpostbres Of the Treasury, any law or laws to tile
contrary Notwithstanding. And the Secretary ct
the Treasury ID also RuthorEeds II he shal deem II
expedtsht, before opening books OF subscription as
lhbOVe provided, To exchange for coin or pay Tor
public dues for Treasury notes OF the is9ue OF
twenty. Of December, eighteen hundred and
fty-seVen and falling duo on the thirtieth OF Jnne1
! oKhteen hundred and ty.one, or for Treasury
any amount Of said Treasury notes for htty dOllAI
Upwards not exceeding one hundred millions Of
Sec. /. Aud DO 1t further enacted, THAT, before
awarding any portion of the loan In bonds Rutlot-
deem Il advisable 70 issue proposals. for the III
dsyss nnhIic notice m two or more OF the public
ieasrspers IN tie city Of Washington, and In suclI
other places Of the United States IS he may deem
adysnble designating the amount Of such loan tile
place and the time up to which sealed proposals. will
bereeeiyed for the same, the periods for the payment
and the amount OF each thstalment In which Y y
Ito be paid and the penalty for the nOG-pay Of
any such tnstalments and when and whore such pro-
sAIs shall be opened In the presence of such ber-
sons as he may choose 70 attend; and the Secretary
II or the Treasury ia authorized 70 aeeept the mot
Provided, That offer Shal he accepted At les than