Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1861-11-30

The treasury. ,osss. s,d bosds issued under
The pss~nioss of this &C, shall be signed by
the firps or Second Comptroller. or the Regis
terof the Treasury. and counser~igned by such
other officer or officers Of the Treasury ~ the
Secretary may designate; and al such obi
rasisoe. a the dcaoainatioa al fifty dollars
and upwards, shall be is-ssd unAer the seal It
the Treasury Department. TIE registered
huuds shall b. transferable - the books Il
the Treasury On the delivery a the cersi6-
cate. and the coupon bonds and treasury noaes
shal be tz,aaftssAie By delivery. The inter-
Is, coupoas msy be signed BY such person or
pesoas, o exeeuae1 in sch manner. e may
be desg.sHed By he Secretary Of the Tres
ury. who shall 6x the compensation Of the
same.
SEC. ,. Asd b. IT. further saaesei, That the
Secretary Of the Treasury shall cause books
10 be opened for subscription to the Treasury
notes for ifty dollars and upwards at such
places rs he NAV designate in the nited
State. an. under such rules and regulations
as h. NAV prrsrribe. IL IT, supcrinisnded by
,,,. As.i..s.., Treasures of the L Bited States
at their respective localities. and at other
places, by such deposiiaries. postn,asters, and
other persons ~ he NAV designate. no
,ice thereof being given in at least two daily
paper. ii this city. and in one or more public
newspapers Published in the several places
where the subscription books may be opened;
and subscriptions for such notes may be NJ
ceived from all persons who may desire to
subscribe, any law TO the contrary notwith.
anding; and If larger amount shall be
subscribed in the aggregate than is required
a. one time, the Secretary of the Treasury
is authorized to receive the same. should he
d ,em it advantageous to the public interest
I'd if not, he shall accept the amount re-
quired by giving the preference to the small
er subscriptions; and the Secretary Of the
Treasury shall fix the compensations Of the
public officers or others designated for receiv-
ing said subscriptions: PrOrided, That for
performing this or other duty in connection
with this act no compensation for services
rendered shall be allowed or paid to any pub
lie officer whose salary is established by law
and the Secretary of the Treasury may also
make such other rules and regulations as he
may deem cxpedient touching the instalment
to be paid on any subscription at the time of
subscribing, and further payments by install
ments or otherwise, and penalties tor non
payment of any instalment, and also concern.
ing the receipt, deposit, and safe-keeping Of
money received from such subscriptions,
until the same can be placed in the
possession of the official depositaries Of the
Treasury, any law or laws to the contrary
notwithstanding. And the Secretary of the
Treasury is also authorized, if he shall deem
it expedient, before opening books Of subscrip-
ton as above provided, to exchange tor coin
or pay for public dues or for treasury notes of
the issue Of twenty-third of December, eigh-
teen hundred and fifty-seven, and falling due
on the thirtieth 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 fifty dollars or up
wards not exceeding one hundred millions Of
dollars.
SEC. A. And be II further enacted, That be-
fore awarding any portion Of the loan in bonds
authorized by this act, the Secretary Of the
Treasury, if he deem it advisable to issuepro-
posals for the same in the United States, shall
give not less than fifteen days public notice
in two or more of the public newspapers in
the city of Washington, and in such other
places of the United States as he may deem
advisable, designating the amount Of such
loan, the place and time up to which sealed
proposals will be received for the same, the
periods for the payment, and the amount of
each enstalment in which IL is to be paid, and
the penalty for the non-payment Of any such
instalments, and when and where such propo-
sails shall be opened in the presence Of such
persons as may choose to attend; and the
Secretary Of the Treasury is authorized to nc
cept the most favorable proposals offered by
responsible bidders: Provided, That no offer
shall be accepted at less than par.
SEC. S. Ind be 1t further enacted, That
the Secretary of the Treasury may, if he
deem it advisable, negotiate any portion Of
said loan, not exceeding one hundred millions
Of dollars, in any foreign country and payable
at any designated place either in the United
States or in Europe, and may issue registered
or coupon bonds for the amount thus negotia-
ted sgreeably to the provisions of this act,
bearing interest payable semi-annually, either
in the United States or at any designated
place in Europe; and he is further authorized
to appoint such agent or agents as he may
dsea necessary for negotiating such loan I'M
der his inssructions, and for paying the inter.
ct On the same. and to fix the compensation
of such agent or agents. and shall prescribe to
them an the rules, regulations. and modes un.
DIR which such loan shall be negotiated. and
shan have power to 6x the rate II exchange
q which tie principal shall be received fiOu'
TIE contractors for the loan. and the exchange
fr he payment of the principal in Europe
shall Be Il The sane rate.
6sr. 6. A. h i fsrtkr essasA. That
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tin - u. Gay dsllsn. a.shosised to b.