The daily Evansville journal. (Evansville, Ind.) 1862-1863, 1862-09-11

of all loans made to the United STATES aud Of all tax
es, internal Duties excuses, deete, and demands Of
every kind due to the United States, except duties
on imports and interest and Of all claims and de-
mans against the United States except for interest
upon bonds notes, and certificates Of debt depos
IL; and shall also be lawful money and legal tend
er In PAYMENT of all debts, public and private, with
in the United States, except duties imports and
interest as Aforesaid, And any holder Of said uni
ted States notes depositing any not less than
nfty dollars, or multiple offifty dollars with
tho Treasurer of the United States either of the
assistant treasurers, shsll receive in exchange
therefor duplicate certificates Of deposit one OF
which may be transmitted to the Secretary Of the
Treasury, who shall thereupon issue to the holder
equal amount Of bonds Of the United States, cou-
pom registered may by said holder be desired,
bearing interest at the rate Of six per centrum per
| annum, payable scmi-annualiy, and reedemable at
the pleasure of the United States after five years,
| aud payable twenty years from the date thereof:
Procided hooever, That any notes issued under this
act may be paid in coin instead Of being received IN
exchange for certi cates of deposit above speci
fed at the direction of the Secretary of the Treasu
| ry And the Secretary of the Treasury may ex-
change for such notes, on such terms as he shall
think most beneficial to the public interest, any
bonds of the United States bearing six per centum
interest and redeomable after five and payable in
twenty years, which have been or may be lawfully
| issued under the provisions of any existing act
may reissue the notes SO received in exchange may
receive and cancel any notes heretofore lawfuy Is
issue equal amount in notes such as are author
lied by this act and may purchase at rates not ex-
ceedng that of the current market and cost OF pur-
chase not exceeding one-eighth Of one per centun,
any bonds certificates of debt of the United States
as he may deem advisable.
Sec. And be Il further enacted, That the Sccre-
tary of the Treasury be and is hereby authorized in
| case he shall think it expedient TO procure said
notes. any part thereof TO be engraved and print
ed by contract to the said notes or any part
to be engraved printed and executed in such
form as he shall prescribe at the Treasury Depart
ment at Washington, and under his direction; and
he is hereby empowered purchase and provide all
the machinery and materials, and to employ such
| persons and appoint such officers may be neces-
| sary for this purpose IS s7A e ~
Sec 8. And be Il further enacted, That the lmita-
ton upon temporary deposits of United States notes
with any assistant treasurer or designated deposit
ary authorized by the Secretary of the Treasury to
receive such deposits to fifty millions dollars be
and is hereby repealed and the Secretary of the
Treasury authorized to receive such deposits, un
der such regulations he may prescribe, to such
amount as he may deem expedient, not exceeding
] one hundred millions of dollars, for not less
than thirty days, in sums not less than one hum
dred dollars, at rate ofinerest not exceeding i've
per centum per annum and any amount so deposit
ed may be withdrawn from deposit at any time af-
ten days notice. on the return of the certificate
Q Of deposit. And of the amounts of United States
notes authorized by this act not less than fifty mil
lions of dollars shall be reserved for the purpose Of
| securing prompt payment of such deposits when
demanded, and shall be issued and used only when
y in the Judgment of the Secretary of the Treasury
the same or any part thereof may be needed for that
: purpose And certificates of deposit and of indebt
!, edness issued under this former acts may be
ceived on the same terms as United States notes in
payment for bonds redeemabe after five and paya
T Bile in twenty years. ~
o Sec A. And be further enacted, That the Secreta
~ of the Treasury may, at aLy time until otherwise
ordered by Congress, and under the restrictions i'm
n posed by the Act to authorize q national loan
and for other purposes" borrow, the credit o
the United States such part ofthe of two hun
q bred and fifty millions mentioned in said act al
d may not have been borrowed, under the provisions
of the same, within twelve months from the paesag
u thereof.
Y Sec 5. And be further enacted, That any part 0
the appropriation of ten thousand dollars for tn
detection and bringing to trial of persons engaged
in counterfeitng the coin ofthe United States mad
y by the act entitled Gan act making appropriation
for the legislative, executive, and judicial expenses
ofthe Government for the year ending thirteth o
June, eighteen hundred and sixty-one," approved
Z June twenty three, eighteen hundred and sixty
may be applied in detecting and bringing to tria
y and punishment persons engaged in countereitinl
Treasury notes, bonds, or other securities Of tn
!. United States, well the coin of the UDitet
tons ofthis act the of three hundred thousan
dollars, is hereby appropriated, out of any none
10 in the Treasury not otherwise Appropriated
N Sec. G. Aad be I further enacted That all the pIe
visions of the act entitled An act TO authorize tn
issue of United States notes. and for the redemption
or funding thereof, and for funding the hoatin
OF debt of the United States," approved Fcbruar
IN twenty five, eighteen hundred and sixty-twO 6
u far as the same may be applied to the pre-
visions of this act, and not inconsistent therewtl
shall apply to the notes hereby authorized to be
IN sued.
T Approved, July II, 1862.