Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1862-01-06

Sec t. Aud he * further enacted. That within six
tiou the corps Uf Ia,sgrs and assistant r.yrs,,s.
teFs shall BE- reduced 70 the number Of seyeuty-re
in thu whole.
Approved, July Il, Is6I.
IrUEuc-No. 3.
An ACT to authorize q National Loan and for
other purposes.
Ec IL enacted hy thC Senate AMI House Of Repre-
sentative of the United State Of AmeEc', in Con-
Iuss assembled That the Secretary OF the Treasury
be and lac is hereby authorized 10 borrow, ON the
credit of the United States within twelve months
from the I.5s4gr Of this act, a sun NOT exceeding
two hundred and ity millions OF dollars, much
thereof ,,s may deem necessary for the public seq
vice. for which lie Is authorized To issue coupon
bonds. Registered bonds Treasury notes. such
proportions OF each he may deem advisable; the
bonds 10 uetT interest not exceeding per
per auEum, payable -yultuuually, Irrt,lso uahig
twenty years and a!tCr thut period rc,ceuIable at
the pleasure oil the United States; and the Treasury
note l. be 81 any denomination fixed by the secrt
tAry Of the Treasury, not less Khan nifty dollars and
10 Ice payable three year. after date with interest
at he rate q" seven ii!I ihiet ehths per C'Ltuhi per
uUHtH'- IlHahle -elniguuually. And the Secretary
% the Treasury may also issue in exchange f1g COIN
and as part OF she above Loan may pay tor lurigs
other dues the United State. Treasury notes
OF less denomination than iiity dollars Net bearing
Interest, but payable on demand by the Assistant
Trc-urcrz of tie United StAte- at Philadelphia New
York or Boston. or Treasury notes bearing interest
at the rsto uf threr and -t&ty-!ivs HuulIuJlH per
able al any tHJc lpg Treasury notes Ier fifty dDllais
and upwards. issuabIc uudcr tho authority this
ieh, That exchange Of such notes in any les
amount than hundred dollars stall br male 1T
any one kline: And provided further, That no
Treasury uuts shall be i.sUe uf less denomination
than ten dollars, and thGt the whole amount OF
Treasury notes uuthcTiuE Interest i-e,i under the
authority Of ti7 aei- shall NOT cNcee! MY millions
of dollars
Sec .. And be 1t further enacted, Tia; the Urea
anti bonds issued ur!tr. tic rTuvfsiuns Of
th, act shall hg signed by the First tc0ud Comp
trplioT. the Registered The Treasury and counter
si-url ty such other ul.cr or oilr,r- Of tbs, Treas
off 1f-i.af
auI all 7uri. obligations, ct the denomination Of my
dollars aud upwards, shall be issued under the seal
OF the Treasury Department. The registered bonds
-h'i be tr'ii-i,t 90 tho books 81 the Treasury
delivery OF the certificate. AMI the coupon bonds
and Treasury notes shall be delivery.
The Interest coGguus uliy he sgued 10y such person
or persons OF rcsutUd IN such manner, may be
-i-sHNtrd i'y rho Secretary Treasury. who
shah tgN thu compensation Tor stc saline.
See - aud be il further enacted. That tlc SrCre-
isuy NJ tie Treasury shalt cause iuuas t. b" upuurl
tor subscription Ia Ec Treasury notes Tor my dol
lars and Up"HuiS, at suC places EDS ht' may designate
In ;lic United states, and under such rule, ai rcls-
laliHus lac may pr,CTihc {" lie snVcrucu,tr,i hy
respective localities and at other places by such de
PgziIosiC- gtui-i'rs. AMI other persons J.. may
SS POPE - ~ ttjg @ ri ae IL y N. tS' i,s,
newspapers Published I'm the several places where
subscription books MAY brulcur: ud subscriptions
!ur such un'gl ay hr received isom all persons who
ay desire g." subscribe, amy Law 90 the contrary
wttil-;an''il2: and ia lar-cr shah be sub
the Secretary OF the Treasury authorized re-
crtNF the same, should he deem " advantageous IA
ihe public interest; ami II uut lac shall! accept the
amount required by giving tir preference 10 the
smaller subscriptions; and thc Secretary OF thc
treasury shall hS the cuurcH ttnn- oi the public
officers other designated Tor receiving said sub
-,riutyHs: Provided That for performing this
any other duty in rouneNiun with this act.
rCu~tiuu for services rendered shall he allow ti
1iu Co any public officer Whose salary i established
10y Iry= and the Secretary he Treasury may also
/ mako such other rules ar equations he may
lrcm cNpcdient touching tlv in-talurnt to be paid
nu amy subscription NJ tic tiue OF subscribing anil
q ID HN.. 40
lsuiltes for u"n-ay nEeut Of any it-t1lIIicui and
nla' concerning tie receipt deposit, and safe keep
inE %! mon-y received from such subscriptions. until
the SAME can DC placed IA the possession OF Official
dcposifrrpS of tc Treasury any law or laws to the
contrary administrations And the Secretary OF
the lFrsurN i7A!-p "uhorize'l II hc shall deem it
csrrdiynt he."so opening book % Subscription as
I above provided, to exchange for coin pay for
public dHtS or for Treasury notes of the is-ue OF
twcuty-tlglri ui December, eighteen hundred and
hfy-svven- and falling due the thrticth 90 June
] eighteen hundred uud aiNty-UnC. for Treasury
issued and taken in exchange for such notes
any amount Of said Treasury notes for ffty dollars
/ or upwards not exceeding que hundred millions OF
| Sec. !. and be it further enacted, That, before
awarding any PORTION Of the loan in bonds author
zcd by thu act the Secretary af the Treasury if he
lttil it advisable to issue Proposals for the came in
the UuitCi States shall give rot les than fifteen
newspapers in the city of Washington, and in such
other places Of tbe United States as be may deem
advisable, designating the amount Of such loan. the
place and the time mp u which sealed proposals will
be received Tor the the periods for the payment
and the amount of each iIsstalment in which is
to he paid. and the prIatv for the rnt,-uayInent Of
any such instruments and when and where such pro-
pols shall b. opened in the presence Of such per-
sons s he may choose 10 attends and the Secretary
q the TrcIry j. authorized accept the most IA
vorabe proposals offered by responsible bidders:
Provided, That Offer shall be accepted les than
l par
Sec :. AMI be II further enacted That the secrc-
ttry Of the Treasury may, il he deem it advisable
nes4tiate any portion OF said loan, not exceeding
one hundred millions of dollars, in any foreign
try, and payable 1T any designated place, either in
the Ued STATES or in Europe, aaI may issue regis
tered or coupon bons Cor the thus ueotil-
ted asreeaIly the provisions Of this act bearing
in:0T,at payable substantially, either in tho United
States any designated PLACE in Europe: and he
IS urthcE authorized 10 appoint such agent agents
as he may deem necessary f0r Negotiating such loan
under his Instructions and Er lstyin. me Interest
"n the ssIuu, and % fix the compensation u such
agent "r agents and shall prescribe IN, ali the
rnig regulations and modes under which such loan
nate Of exchange At which the principal shall be re-
oetss from the contractors for the ISsG. ard the
change Tor the payment Of the principal and later
/ tst in Europe shall lie At the SAME rate.
Sc, .. And l. 1t further enacted That whenever
any Treasury notes, Of denomination than any
collars authorised TO be issued by this act shall have
been redeemed, the Secretary Of the Treasury MAJ
reissue the same az may cancel them and issue
notes T. an equal amounts PEevideri That the az
sSssfe amount Of bonds and Treasury notes ssus1l
under the foregoing provisions of this shall never
ton Of this act- and the power issue or reissue
such not shall chase and determine aftc-thc thirty
/ mrs Of December, eighteen hundred and siNty-tvFn
Sc :. And be u further enacted. That the Seere-
tary Of the Treasury i hereby sutlorEei whenever
h sAa1l sii u 'Nnesiient q issuo IN exchange for
coin, o. in payment for public due= Treasury noiss
q any 81 the denominations hereinbefcre srCciiisi
bearing interest not exceeding six Per ccatum rsr
Hanuu, and payable az any time not rxcsT,itfDs-
Twelve months trgz fC, provided that tho amount
Of NOTES 80 issued o paid shah 1t % time sx-.I
/ twenty millions cf dollars
Sec s. And be Is further enacted. That the Ss>crc-
ttTy o. the Treasury shsl report 20 Congress inlns
aia'ey AFTER the commencement Il the session.
the amount he has borrowed under the rrUvi-oy. ~
thss nct OF whom and wia: terms with an al
sSESc Of all tho proposals, Designating those that
Rave been accepted Ard those TIA. have been rssr:-
ed aad The amount Of bocts Treasury notes that
have been issaci for The s,ase
Sec 2. And be IL further enacted Thai the f,tl
cf Unf1psf -