Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1861-10-01

with assistant gems not passed. and that All Ap'
rofntments NIL vacancies in TIE corps Of payniaA-
irra shall be made by regular prumOttUn from the
list OF assistant Flynaaaters.
months after the ezplrat % Of tie present Insnrree-
ton the corps of paymaEteTs and a4stltant pAyns
ters sl.li 30 reduced to the number Of sgEehty-Te
A apr Jolly II, 1891.
IPr1uc-No. 81
AN ACT 70 autbOrils a National Loan and for
other purposes.
he Il enacted by the Senate and House Of Repre-
sentgliHes Of the United States Of America IN Con
gre assenib That the Secretary Of the Treasury
be and he Il hereby autlOTized to borrow, on tiie
credit Of the United States, within twelve months
i from the passage Of this act, sum not CNceehng
two hundrel and Fifty millions OF dollars OF % much
thereof az he may deem necessary for She public ser
| vice. for which he j. authorized TO Issue coupon
bond- or registered bUnJs, Treasury notes In such
proportions Of each as lie may deem adyiSabe; the
bonds to bear Interest not exceeding seven per cent
per AMMAN, payable Eemianuually iTtgleauaIle tSr
twenty years, and after that petiOd Trieenabie ~
the pleasure Of The Unitcd States; and HE Treasury
notes - he Of any denomination nNcd By the StcTr-
taFy az Tie TTets ury not less HAN MY dollars 1n
10 he payable three years amer date, with Interest
at the ofscven and three tcnths per centiin per
annum, payable ssmi-aHnually. Aud the Secretary
of the Treasury may also issue in exchange for coin,
anil part Of the above loan, may pay inr salaries
CT other dues frum the United states, Treasury note
OF les denomination than my dollars, not bearing
interest but payable demand By the Assistant
TreasuTeTs Of the Unitel States st Piladeiphia New
YORK or BOsfon, Treasury notes bearing interest
at tile rate 81 three and siXty-tTe huudTeIts per
centum payable in Que year from date aud exehang
abe at any time for Treasury notes for fifty dollars
and upwards. fssuable un,lcr the authority Of this
net, hnd bearing Interest specified abOSei frOV
lfsi That no exchange OF anch NOTES ia any les
amount than one hunCTed hOllars aall he made At
any time: Aud provided further, That No
TFeaanry notes BAll be Issued of les denomination
/ than ten dollars, and tlHat the whole RnOnnt Of
Treasury notes, mot bearing interest, ISSUED under tle
authority Of this net, shall not exceed nifty millions
Sec. . And be It further enacted, That tic Trea-
snry aud bonds issued under the provisions Of
this act shall be sisHed by this First or second Comp
troIIer or the Register Of the Treasury, and counter
signed by such other oiCer or officers Of the Treas
uTy tile Secretary Of the Treasury may designate;
and all such obligations, Of the denomination Of my
dollars and upwards shall be issued under the seal
Of the Treasury Department. The registered bonds
Ai1lI he transferable the books Of the Treasury
delivery 81 thc certificate, aud the COUPON bonds
mud Treasury notes shall lac Transferable gu delivery
The interest COUPONS may be slgne 10y such person
persons, or eNes utCd IN sticlI manner, a may be
designated by the Secretary Of the Treasury who
sllIl Tx tile comp ensltlOu for the salne- s-
SEC. j. Aud he II further enacted, That the Score
tary Of tho Treasury shall canse books to be opened
Far subscription "a the Treasury notes for dity dol
lars and upwards Mt such places as be may dessnhte
Ia the United States und under such rules aud re-
atlons az he may prescribe TO be ttpsTIntendeJ Hy
the assistant teasurefa Of the unite states AZ their
respective localities and ~ other places by sneh ue
positorie pustnasteT, and other Icrsots as he may
cignate, notice thereof being given In NJ least two
daily papers OF this city, and in one or more Pnbiio
newspapers Published IN the several places where
saL-eription books may beOpenei; and subscriptions
Tor sucl notes may he received from all prTsotis who
may DESIRE subscribe, any law 10 the contrary not
Withstauding and ifh larger amount shall be sub
-cTibei In the aggregate than Is required az One time
the Secretary Of tile Treasury Il authorized to re-
i eelYe tue same, should lie deem Il advantageous to
the public interest; and II not o shall accept the
! amount required by giving tho preference to the
smaller suIseriptionsi and the Secretary OF the
Treasury shall fix the eOmpensatiOns Of tile public
officers others designated for receiving said sub
scriptions; PrOyided That. fur performing this or
any other dnty In eonneSiOn with this act no COM
penslton for services rendered shall ba allowed or
paid to any public officer whose salary Is established
by law; AID the Secretary = NE Treasury may also
deem expedent touching thu instalmeut 10 he paid
any suhecTirtion at the time Of subscribing and
further payments by iustalments or otherwise, and
penalties FOE non-payment Of any nstalInent, and
aso concerning the receipt, deposit, aud safe ket
ing " money received from such subscriptions nutil
the ste can 30 plHeed in tile possession Of ofitial
epositories Of the Tresury, any law or laWsto the
contrary Notwithstanding. AMI the Secretary q
tire TrrasuT Il also authorized IL he elall deem II
expedicnt before opening books OF subscription a
nlI;Ve provided, % exchange for coin or pay for
pniIie dues or for Treasury notes Of the issue OF
itWtnty-thlrd Of December, eighteen hundred and
hny-scVen. and falling due on the tiTtieth Of June,
eiKbtevn hundred and siNty-one, or for TTcss dry
notes issued and taken in exchange for stel notes,
amy aHi0u'.t Of aid Truasry notes for fty dollar.
dollGrs.i Jf3l 5s 3i tEsa tls
Awarding auy portion Of the loau In bonds author
iSe by ibis act the Secretary Of the Treasury, u lie
The Uultsd States, shall sivs not lO.s than HileSn
dayti public notice In two or more Of tlie public
Newspapers In the city Of Washington, and IN such
otheT. places IL the United States as he may deem
advisable, Designating The amount Uf such loan. the
place and the time 10 which sealed proposals will
DO received for the same tue periods for the payment
and the AMOUNT OF each instaiment IN which II Ia
10 be paid and the penalty for the non-paSment Of
amy such instruments and when end where such pro
pOss ahall be opened in the presence Of such per-
sons as he may choose attend; and the Secretary
Of the TrcaAury Is RqthqFiEed 70 accept the most IA
yorAbio Ptepdsals offered BY rcspOhsiele bidders
Provided, That ovr shall Ie aeevpted at less than
par =
Sec. s. And be u further enacted That the Secre-
tAry Of the Treasury may II he deem It advisable
Negotiate any portion Of said Loan, not exceeding
Que huudrSd mi1ions 0f dollars, In any foreign epu-
the u.lod Stata In EurUps, and may issue regis
tered coupon bonds for the amount thus negotiA-
ted ngTceably to the provisions Of this act, bearing
Interest payable selrfanuually y, either IN the United
StNtOa Rt any designated place In Europe; and he
Is further authorised TO appoint such agent or agents
under his Instructions and for paying the interest
On the same, and To tx the compensation Of such
agent agents and shall prescribe to them all tie
ruleS regulations and modes under which snrh loan
shan be negotiated, and shall have power TO fix the
rnto Of exchange at which the principal shall DO re
change ior the rsyfeTt "a the rTitefpli and inter.
est In EaTUPO shall 10 At the uame rate.
Sec. O. And he e further enacted, That Whenever
any Treasury notes Of denomination less than iiffy
dolaTs authorized Go bc Issued by this net shall have
been redeemed, the Secretary Of the Treasury may
roissue the uae, OF may eaeel them and issue new
Notes TO an equal amount Provided, That the RE
gTrgato amount " bonds and Treasury notes issued
under tho forulng provisions Of this act shall mover
eNeecd the full amount authorized by tho nrst sec
ton Of this oct{ and the POWER to Issue or retsng
such not shall eoase and determine after the thirty
hfst o. December, eighteen hundred and sixty-tWo
See :. And b lt further enacted, That the SeeTe
taEy q the Treasury e horchy authorized, vheneyeE
be ihAli teedn oSFedient 20 issue tn exchange f5T
eulu or % payment f0F public dues Treasury notes
o. any % t6 demonstrations hercinbeforb specified
bearing interest not exceeding Sx per eentum pei
anuuu, and payHhiei NJ any time not exceeding
tgelvd m6athi from date provided that the anigaht
q notts 90 iEgued or paid Shail at no time oxeoed
twenty millions u doiiaFs
See g And h lt further enacted, That the seere-
tary q the Treasury shall rgpQrt e Q1ngrls immO
dataY aer tn C6mIhA hefulut % tht 1Oxi ses1lon
the NEaUaht Ne has b1f rcNud ufef prqttEcas 81
this ct, Of Whonl and On Riat terms, with An Ab-
hsve ss.S SeesPtsa % thee thSs have esoa rssSs