Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1862-01-25

: = " --T
mufils aisr thr eEyjnil n u The pr1srnt n-urr01'
liou The eJrps VI Jaymastsr' AHl As,isiaht aJmA'
tsts ,hAll be reduced to iLc number q sgyenln'o
! los The whole.
Approved, JAY Il, is6i,
tPVaue-So. 81
An ACT to agthor.ts a Salloali Loan ard iJf
O,hsrpurinsts.
ne Il enacted by the Esiat- and H0u's q Repre-
.autaavti oI the UniltA sta!ea " America In Coa-
cr,us 4s-snbl. That tho secretary II tie Treasury
/ he and he b. hereby ahyhlr1oi - bGuyri nl ihq
credit u tbs United kaie-, within tStlHe mouths
I irum tie Iass1se VI this at, luia Dot cAetc'lhg
tWohundTo. aud hity uillobs u anAssi " - much
Hereof a. he may Jrcn sy Tor the public ser
\ vice COR which hr j. authorized 70 ii-uu coupon
bonds g,icrti bonds % iTulsnTy notes N ruch
proportion u Each a. be- mas deem Aa'iAllni ne
bonds rn bear iltcftsi not exceeding 'teu per cent
! per Aunum, payable automatically tfoissnAblelU r
tusutJ yrats, aud nilrr TIA, Perol rJttcrlabla at
the pleasure ol the United States; AID ihr Treasury
untrs o. be u any denomination Fixed ~ Tie keefe-
taTy d the TfUsuTy, no, lees than tity dollars Hnd
| To ls payable three year aigF da,r Will interest
az the rate lse1eu aud thtcci suths pcr erntun pcr
Anuua. papatle seulianhually. And Tue Secretary
q the Treasury may alsJ Issue In exchange 1r epn
and A. part 1.-THE above Loan pr may pay ~ aats
~ other dues from the United siaic-, tTuT! nplra
u lea denomination tian my doaf. MT bearing
interest, but payable "a demand by tho Assistant
Treasurer Of The uEi,ci Statei NJ PbihdslPia. Nov
! York or Ltstoh, or Treasury NOTES 5cirns Interest
1t tie rate n three aud siTty-iNo hundrcdthr per
rentnm. payable IN Ghr ytlr from dale and cHrhahs
ablu al huy time for itcasury units tr MY dgllaiA
| nul upWaIds issu3lblo under the authority o. TIL,
act and bearing interest specified above; trorl'
! jed, That no exchange Of sush notes IN any Ices
amount than on5 bgndici d4lan shall l'c male ~
any Que tiue3 And provided iuTtL'it lliAl 10
Treasury notes sia lc Issued q les Reorganization
| than ten dollars, aud that tho whole amount q
Treasury notes. not bearing Interest issurd under The
authority u this act shall not exceed any millions
q jolltIs.
Sec. :. Aud 10 it further cuaetrd, That the IRA.
'nry NOTES sod bond, sutt nndcf the provisions Of
this act shail be sgRei ~ the First Orsocoud CvmP
lr1er OF the Register II tie Ttcasury and cunhier-
signed by such other Oineor o. oihcefs % The 1fra
ufJ ~ the s0rt6iary Of The Treasury may designate
and all such obligations u No Denomination 81 hNy
dollars and upwards, shall be h.nci uhdcF Wy "a
0f the Treasury Department. The Registered banis
shall h. Transferable ON tie bCoks VI the Treasury
On delivery Of tho certificate, AID the coupon bonds
aud Treasury %; s shall le transferable delivery.
The Interest coupons nNy 10 sgued by such PR on
or psrsOnr OF exc, uted IN such HAHhrr, NAY be
drdgnaiel by tho Secretary d the Treasury, WHO
shall TX the compensation ior the aame.
Sec. ,. Aud ba u further enacted That tbs secfc-
tory Of tho Treasury shal eausc books 30 be- ulGlei
hr Nbsrriplion 10 tie Treasury notes inr my dol
lars aud upwards at such places a. In my designate
In the United states and under such rules and rtgi
latiDDa ~ no may pJglctibS 70 ee uupnrnisnded y
the atlAui tfeaiurefa Of tbs United htaCa - their
rFapCct yp 5calo and u 1lhur places by p,lch Do
polltoTlti lnt Asier eHd other persons =. la may
ioalgnaie pbtict thereof being given ~ ~ least two
daily papari u this city, ard w ohu uaorc public
ntwsrHptts published In The several place where
subscription b0oksmay bopTrncd' and subscriptions
iuT such notes may be received fmn al pcuons who
may desire 20 subs fibc any law 10 therHEifafy not
Withstanding; anf ia larger aInuuut shal BE- sob
scrbod In the cato tlu Is required iiEr,
The Secretary ~ tie Treasury Is authorized ~ 10
cfivV the same should he drru u advantageous 70
tho public iutctrs: and u not. he shall accept the
amount required by swing The preference 10 the
smaller subscriptions; ami the Secretary Of the
Treasury slIall hN the conpcn'atiUn. 0l the public
officers or other deslgnaici Tor receiving sad sul-
scfptiuns: Provided, That.lur PERTAINING ihis ur
any other duty In eonpcXion with this act no SOM
peusaIi0n for services rendered shall he allowed "
paid t. any public officer whose sllary Is established
by Law; AID the Secretary C. he Treasury inaJ also
make such other rulGs arr equations ~ he may
deem e1pcdiont touching thu iustalmeui % be PAID
on any subscription AZ the time Of suhseHbins and
further payments BY nsiAlmgnts OF otheru iscr and
penalties TT noRPlyIncnt Of any instalhieui, and
also concerning the receipt deposit and sale Keep.
ng II money received irpm rucl subscriptions, until
the smc ran be placed In the POSSESSION u oiiist Al
repositories u tie Treasury, any Law ~ hwsto Tie
contrary Notwithstanding Ard tho Secretary 81
the Treasury il ais1 authorized, II lie shall deem It
cEpcdiout bclITu opening books Of subscription a.
above provided, 10 exchange Tor cola or pay hr
public dues or Tor TrcaEuJy nutes II the Dauc 81
iwtnty.tllT,i IL December, eighteen hundred and
hfysrven and falling due on the thrticih 81 Junr,
eighteen huu,lrcl aud rlKty-Ono, Or Tor Ifua3niy
notes issued and taken IN exchange for tncl notes
any amount of said Treasury notes i1T tiily dollars
Or upwards not exceeding oHo hundred millions oi
dnlian
Sec. 1. And 10 IL further enacted That, before
awarding. any portion n the loan IN bonds author
lied by this nct, tie Secretary " the Treasury, II he
drcm Il advisable 20 iSsne proposals. tor The anne 10
the Uuited Staits, shall give not less than hifeeil
days puhllc notice In two or more " the publ;
ue,rsraurrs In the city ~ Watliugtdn aud IN such
other places Il the United States a he may deem
alviahO designating the amount u such loan, the
place and The time up u Which sc1!fd prupGsLhWiil
be received lor the same the periods ar TIC payment
and the aulnnut " rsoh instilmsnt IN which u 4,
10 be paid, aud tho penalty iof the nou-paymsnt Of
any such insiilmcnts. aud When and where such PRIV
pOSals shall h opened Ia the presence Of such per-
sons ~ he may rhOUso 20 AiiCnd; and the SecFetaty
u the Treasury u authorized 90 aecept tho most IA
vorahle proposals offered by responsible b.ddcr-
Provided That ofiOr shall be acggptedat les than
par.
Sec 5. And be It further enacted, That The sceEe-
tary " tho Treasury may, II he deem II advisable
negotiate any portion q said loan, not exceeding
ono hundred millions o. dollars, In any foreign o1ui'
Try, aud payable II ANY designated place either 30
tho uLicd State In Europe and may issue resis-
tered OF coupon bonds Tor tic amount thus neeu,!a-
ted aTeeably to the provisions VI this ae;- bearing
interest NuNANc NtilanlUh4lls tilAtF IN Ai4llNN
States OF At any designated place in Europe; and DO
Is further authorized to appoint such agent or agents
ns he may deem necessary for negotiating such loan
under bis INSTRUCTIONS and for paying the interest
on the same, and 20 tx the compensation u Geh
agtut OF agents and shall prescribe 70 them AL the
rules regulations ard modes under which such loan
shall be negotiated, and shall have power 20 AZ tho
nate Of exchange At which the principal shall he 70,
eciyed from the eqntractou f1r the loan and The *.
change tr the payment % the principal aud inter
ct IN Europe shall be AZ The same nate,
Sec. &. And BE- Il further cnsettd, That whenever
any Trtamry notes, Of denomination less than any
dollars authorized 10 BE- Issued by this nst shall have
been redeemed, the Secrutary q the TrcAsury may
reissue the same, or may eanccl them and issue uvW
notes 20 an equal amount PrUUldol That the az
greeats amount q bonds and Treasury notes Issued
under The foregoing provisions Of is act shall never
exceed tho fal Apsunt Authorised By tho hrs' sec
ton u iliit act and the power 10 Issue o. rrsue
such not shall ceasa and determiHs after the thirty.
hrsl Of December, eighteen hundred and slIty-tuo.
Sec. :. And b. Il further euacted, That the sccrr-
tary Of the Treasury e hereby authorized. whenever
he shall deem Il eHpuiunt, to issue IN exchange for
coin, OF Ia payment for public dues, Treasury notes
OF any o. the denominations hcrciGbcf0re speclhei
bearing interest not exceeding six Per ccutum per
annuni, and payable at any tins not exceeding
twelve months fTutn data provided that the amount
Of notc 30 Issued or paid shall at no tnio gxerod
twenty millions Of inllarL
Sec. s. And be Il further enacted, That tho soeTn
tAry of thu Treasury shall report 10 Congress nimp
diAiely Afsr the commencement Of the next SESSION.
the amount no has borrowed under the provisions o.
this A.t Of whom, and on what terms with an AZ.
StTaet Of al the proposals., designating those that
have been accepted ard thoae that have been reject
cd and The amount Of bonds Of Treasury notes that
I have becn Issued inF the zane,