Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1862-02-22

SEC. s. And he & further cuncted, That each as
tart shall, upon his appointment enier
mo bonds In tile amount Of ten Thousand dollars
With Rt least two good aud sufficient securities for
the atthtui performance Of his dntieS and that MS
.i:tsnt pal masters shall have rank and preeelenes
with 7ssaant gems not parsed, aud that all mp
poiptnents to hil vacancies ia the corps OF paylnss
tiers shall be made by regular promotion from the
list Of ASH slant IaSn;asterH-
See. e. And le Il further enacted, That within SIX
months after the Oxpirts Of the present insurrec
tlon tho corps Of paymaateFs and assittant payma5
ters ANAL be reduced to the number Of EsySntS.hYo
Ia the whole.
Approved, july IL 1891. 55ls
EPusuo-Eo. SIR 49,
AN ACT to authorize a National Loan and fSr
other purposes.
Be Il enacted by the Senate and House of Repre-
EentndTes Of tie United States Of America In Con-
ErCr assembled, That the Secret OF the Treasury
lie and he Is hereby authorized 10 borrow on the
credit Of the United States within twelve mouths
from tue tassaSe ~ tltig aet, sum mot e&eeenE
two hundrtd And Rily millions of OllRrP or much
thereof lie may deem necessary FOR the public ser
vice, for which lie is authorized to ifSna -eonpon
bonds, registered bonds Treasury hotes In sucI
proportions VI each as he may lsetn visaLle;t
bOndsto hear Interest not dxtehdihg seSen per cent
per auGHm, payable substantially, iIrplecnable tor
tNentY years, aud utter that reIiol redeemAble nj
tue pleasure OF the United States; and Ge Treasury
otea TO be uf-uuy deuominasiDu fixed by the Sccrs-
taFy of tile Treasury, not less han NIT dollars and
10 be payable three years after tlnte with interest
at tlls lte SfseVen and tree-tehths Iet ceutm nor
sDuun, papRble sfmihhnuaIlyt Aud tl.o SscFctaTy
Of tho Treasury may also issue In exchange for cOI
and rs IHrI Of the above loan, may pay Tor salaries
other dues from tho United States Treasury notes
Df less denomination tlmu fly dllafE not bearing
Interest, bat payable on tierEahlby the Assistant
Treasuiers uf the United Suites at PHILADELPHIA New
York or ilnston or TreabuTy hearing interest
at tile rate 81 three Rud cSty-tye hu6drrltls per
centnm, payable Ia me yUnF fFonl date Fi eXcllafig
alb % at any Iihe for tor hity dollaiE
and Epwa:ds' sSpahie under tie authority OF this
Gc and be:1Ti1g iEteIJst az sAeeihsd hItYe: Pr0y
del, That no eNchEuEe Of such notes ia any less
amount than one hundred dollars shall he made at
ms FTf And aHaA
Treasury noteS Ehnll 10 Issued of less denomination
than tea dollars and that tlIe- whole amount OF
FreSry notos. not bearin Interest Issued under the
nuthGtily Of this act shall not exceed my millions
OF iDllATR. so aaslfl
SEQ. >. Ardle Il further enacted, That the Trea-
snFY notes ala bouth issued under tho provisions Of
this act shall lie signed Ivy the ETstOr second Ouml
trOtlCr, or the KegisGrGf tho Treasury and counter.
signed by such ether officer or oHccTs II the Treas
ury as the Secretary of the Treasury may tiesisnRts
and all suclI obligations. OF the denomination oi tr
1iellsls and npNaIds' shal ssne under the seal
ut the Treasury Department. Tho registered bonds
shall ie tranderubleUU tue hooks nf5fie Treasury
on teltTeryot the certificate md the coupon botis
and ItcnsaFy notes sla be ttonserablv on delivery.
pers1ns, exc uttd in rnciI manner a. may i
designated by the Secretary orths Tieasury, WHO
Sec. 3. Ami be 1t further enacted hat the Seems
tHTy Of tho Treasury sHlt cHuse bookGt to DO opened
for Subscription, To Tie Treasury u6tts for ilfy il
lars and upwards, ut such places a. La may designate
in the Uned states and under such rrrll Is and reri-l
iStisns no lac may rFescI TO be snIerncnrudbY
respective IlCa!ites, and * other PLACES BY smell de
loFtoTies, PeailuAstets. aud oiher psrlnb lie may
laiI lMPerS OF This city and in ono or tlors public
heSEp3Ifrs pEPllshcd ~ Tie ssTSTal pthgps where
lor 4neh netcs af be received kuu all FERROUS who
may desire 20 sasTibe. any law 70 TIM titTSry uCt-
Hithstandingi Sntlita !arssr amount shall he sub
scribtd IN the aggregate tpn Is 81 one time
the Secretary af tho TTEgrIry q atlntizgll to r-
cetNe tho sumo. Should Gs deem it advantageous tu
the public iptcFe-t; ardif not le shall acSeit lie
IN
smaller suBEeTptiatS; ard the Secretary of the
Treasury shEii TX te eoIupen ntuas Of tlU public.
Officers o. o;lHTs u sitr iSr receiving; said SUBJ
scrptiOnS: Provided, S5at, Tor psrfurmtnG this or
any other dntT rs talHexiN S.ilh this act no conn
l,enS.ilon er serves rendered sau be alowCdpr
PAID TO any p9b,ic officer wl1fs silary Is established
by law; ~ lie SeSfe cry lie Treasury may aIEJl
mike such other ruiesar equations as hs niny
9setn e&redctt taucl,ng thu instaiment 70 be Paid
on any subscription ut tho time subscribtnq Ind
further rayIns.its lT instaais ptherWise and
penalties for non-Ia mGnt Of any insiRlI6nt and.
also concerning the receipt Deposit ami safe Keen,
ing Of money received ipn suc subscr ptUlis until
!he same eau be Iaetd in the possession OF official
repositories OF the Treasury, any Law laws to4Lb
contrary notwithstaadir And the secrctary a..
lao Treasury Is isJ authorized II he alt deem Il
eSpedeut, lelars ppeaiaE looks Of subscription As
a!s'ye PROVIDE 70 e%clabGe for coin or pay for,
pnbHe das9 er Ter Trashy notes Of tile issue.ui
niy-third Of Deseinher, sgl:tScu hundred aud
AMI falling due Gu the thiTtieih of june,
eighteen hundred rad sixty-onC, or fur Treasury
notes Issued end taken in exchange fof such uotes
amy Amount OF said Treasury NOTES for dftya dOlaTs
dollars. -
Sec. 1. And be 81 farther, enacted Tint I,ss,r.
awarding any p0rtiOn OF the loanin bonds author.
lied by ts act, the Secretary Of tho rrsity III hs
deem It advisable to issue proTosnlE for the same in
me united States, Ehhii give not lOs than Iteou
days public notice In two or more of the DtibiiC
newspapers in the city OF Washing land In such
oIhsr places q the Emitted StatesRs 10 may deem
ADVISABLE, Designating the amount Of HrCh loan the
place and the time mp to which sealed proposals will
be received for the sne. the periods for the payment
and tho amount of each itStAlment In which ms
to DO paid, aud the peuaity for the no payment 81
any such tnstRinentf. an when aptl wher sueh mn,
posals shall s opened In tic presence Of such per-
OF the Treasury IL authorized to accent the most f
Iorahln proposals offered by responsible bidders:
CESSloev EhAt offer shall be 3ecgptcd Mt less than
Sec. & And be 1t further bnacted. That the secfe
latJ o. the Treasury may, if he deem It advisable.
HeE9ttat9 any portion pf said loan not exceeding
ono hundred millions Of dollars In an freir1 conn
~, ana payable at any designated place, either In
the yAiited States or Id Europe, and may isFue reds
tered or coupon bonds Tor the amount thus nerfiS
Ted asecaAlI to the provisions OF this act bearing
interest payable Fenii-annualIy either IN the tfs
States or at any designated pISeS In FnTSs sS 81
Is further authorized to apTinl such acentur ae6tS
Is ne may deem necessary Er negotiating such loan
on the came and to NJ the compensation or sueI,
agent OF aSsats and shan prescribe to them atI tic
sltau be EoEGtiated and shall have power 10 x lin
rate Of exchange At which tho pFineinSi G6RIbs ~
from Tie eontsaetgFs f1 the loan, and the 6x.
chAnge tnr the payment Of the prhcipiIh and inter
cat Ia Europe AhAn be At the sane rate
sec: 9. And be It further enacted. That Whenever
gt 3 4EeuIy notes pt denomination les than CIV
uoar authorized to BE issued by this act shail hsy
oeen redeemed, the Secretary d the ros,ry ma.
Leisne the same or may cancel them and issns new
notes 70 an equal amount: Provided, That the A..
RregNte amount Of bonds and Treasury notes issntl
ideE me pfoStons OF tlfis aet sliail never
e1eeeS the t1tl amount authorized by tie iirst set
Sto1 o. snls ecei and the power 1b{ or reissue
suen nol s@a1a cease and determine Gierfhe thirty.
aESt Of December, eighteen hundred and sixty.tpTo
So * And se u further enacted, That the secre
~! me treasury y hereby AUTHORIZED, whenever
e1tn OF IN lAyment for pablEc Gues TreStnrr NOTE
o. a1y q The denominations herOinbesdfe bpecised
aqnpln, ard payable ~ any ttme not oxceedinK
Twelve month"; from data provided tEsk The nSrgint
twenty millions Of Goilarz
see. q And bo u faEther etstUdt That the Score,
5sF q the EEeassEJt lal report TO CdnSrssl ian1s
Gltey e1seE the e9nauleleament q tbs next 5essiCF
re ezoqnt he has bOrrnW6d under the proysionS Of