, 1862-03-03
NATIONAL FINANCES.
The Treasury Hote Hi al PASSED. by
the Senate and House,


Az acr IN o,t6o,;ze liz ;s.,. NJ 1,,;,.7 s.,t,s
.os~x nr.7 IN H. .r;1ss-,to.es is.s~ s,.,t;.,]
tsS-s, o.s ri ~ ~. F,,5G r. ~ IT Jss. III
1e'5:; &c ,s7 ~ a, 1yr 51ao'ag ae 1o aas9 osos
~ o""e'' o|a"". |
Be u enacIed, 6e-s Ihat The Secondary Of |
INC ile1sury y ne1eby a9lnor1zed to issue on !
me cleatt o. me un.ea states one hundred |
ana my mlnlons o. aoHass OF United states /
notes, ~ mos oea1lng lntefest. Psaoie TO bearer
AT lhe treasury OF the United States, and Of !
sacn oenoninaflons as ne may deem e1pedi-
tne, hot ICES !nan nFe 1o4sars eaen provided,
noHe!e5, taat nitY mAHons OF ea1d notes shall |
tsaa nc n nsn o. o. the demand treasury n9Ies AZ
+cot1zea -co 70 pe issued oy Inc act o. July II,
leol, "nlcn sud demand notes Ehai1 DC taken |
mp as rapld!y as practicable, and the notes
@ neIs;h PROVIDED 1or substituted tor them; aud
pcoslae1 further, that the amount Of the two
kinds N Of notes together shall at No time ex-
Seea Sa71 tne @ snm & o. one hunofec ana MY million
uo'lals; any s4ch NOES hcfeln anthof1zed shall
9e eiece1sanic III payment OF az taxes, internal
ooLea, eac.ses, deotS, except outses On IN
P.a,a ~ S,.tNa y. eYci5 kina uae 10 tae
~ Gntea M ssates, except du1.es on imports, and
S;otas 10 ~ .,rs, aI & alanas aansd aas Iteo
n.sss=t ~ n1nn ho7,ds .na et ehep1 III, tor
VIA s.. upo" 10y uoaos ano no1es, HMcn snan oc
p! pa!!u III 3 suIi' ana Snail Aso ne ia~1ol money
rish .sl'h,; = nu .snuer IL pat!ienL OF ~ aeo1s,
a1satat t; ~; pts1., "Itl1u .ne Cai.eo States,
6aS5at. uuel. ~ Ky ~ sl1 ~ aolse' AUG any
1a;,1;711a I4 ~ w nss naM LIZ uoIa. OF Some
~ At1pie " nl.y oouars, M1tn Inc treasurer OF
Troo-1 s Sn1eeu 'sl.E, VI elsner OF tne ASsstant
5.,1i;aato a.r4;.;n. ~ eAeAlne lneIstor
@,,a!, 1,a t,e..s-,.;tta5 " usposa. ons u Wnicu
TyaI " ua1s'.tsu 1as ~ ~ tne aecfetaiJ OF inc
ha15ar -, no1', au. ,'.,t 4sIuG ~ ny
IA st1as cnn1on .<snou', ~ y. pono5 VI tns u-
so;a Ioiie, stapnus - tsStse:tsu, " W1 "
60 ~ - e no eesn.u, ussIi's Interest " t1e
sem; srnna,1p t o,3 1a5p, pSL uun u. W. Rasau1s
If fc I1n;taa S.a4a. af1ar ~ ~ ~, "a V,51su.e
oh1a tro1,ts 49, 49, r. 5et an9
e.n5 Initsa S1nt.. IVA .uG "a uatS = atu IL,
zan1e ~ RON IT +1;r 1.1uo - -.os,1,a,,t
r. nnT - 3oo,,. +ho+ n ~ ~, - KY
~otia.s5 hv +he seeJpfsrr IF +ha Tressurv ~. ~
ind NAV i,c re-issncd frnn, tin1c +o time =,
he eSiGencies Of the T,ihiie ;nterasts n,,v 70.
cnire ''N1' 49,
SEc } And he It further enoct..d That ~
enahle hp Sccr.tary If tbo Tre,s5,r ~ ~ fn9 -,
the Trpnsurv notes and t1ootinsr 1eIt ~ 1ha
United Statss. ht. il hereby anthor;3ad to ;ss1,s
m tTe credit of f1,. I;n;t,.d sr.tas connan
eyceeiinv S;11 0nl 1GO oni rnieen,oS,c A. fhc
nIeos1,ra a. thn I;,i,e3 States afra- t;,o 1.,rs
ind 1,ovah1f twenty rea,S fro1, 49,. n,i 49,
Inp Interest at fhe r,tc ~ e;[ ,,ar ot,,,, ~.
annnm, nayaI,le semonnns,11 a. an5 uah H. ha5Js
herein ant6orizcd shall be Of such 5-nnrina. %
fcrmined mon bv tbe secrrta,v of tI,e Tra,s.
nry. And The SECRETARY n The Tr,ssnr- 49,
Gisnose NJ snch Honds Il =, su - .hs m,s
ket ya!uc thereof fnr t3s,rf11 n,nn.rl +ha a.,
ofthe I;nifed Sta1fs anv If ~. ~ 80
| Notes that have hsan ~ nav ba.,.,f,.,- -
| issued under INV former act of Cnne-ess ~ ~
! for the United State notes That NAV r. iss1ned
1,r7cr IN nro-f.;a-,e - ~; u..y ~
hon3s ana ntbcr sccyr;,;as ~ t1 1!,,;rn3 So,
| held bv individuals. cnrn,cat;ons ar essoc;,.
tious Tithin the United Sfafese shall he ey,snnt
| from taxation hy nr untter S*arc an1hor;tr
! Z
United States notes and tl,e rnnnon or re.,;s. 80
! tered hnnls anfhnr;za1 h. t,s AZ e,,aIt -, -,
such form as tie Secr.fary Of ti,c T Trnasnr,. ~
NAV direct, and shalI bruT The WRITER, or en
craycd sirnat11res of1he Tr.asurrr s,f The 15ri-
| led States and the Repister of Tho Treesnrr
ani, o1so rs eyiienco 81 ,ayrf;1i fssna ia ,,'
print Of copy Of The seal Of liz Tr.a,s,,rr H.
| nn,tmenf With i,rnr;nt s1,,1l In ,r.,5, 80
| The direction nf t}e sccrrtorr ,ffar tbc sa;d
notes or bonds shall bn rfceiyef1 fr,,,n ths or.
rr71rsrs and hsfore rhcs ,Ta issusi. nr t11e so;a
5o1es and 1,onds sl,a1i ~. si@neI hv H.. -
urer of tl,c J5n;tod St,tes ~ fnr tbs Trs,
Nv e,,c1, ,,a-snns ne ,a.,@ r. .,..a; H.
~ ti,e Sc.starr nf fh9 ia ,fnr * s
rcsc and sf,.ii he conntcr:;.,ns, ~. ~, R.p..; p.
~ $500, 91aa " III. y .ui
ersnns @ as IN snsr.t,r,, ~ of 5 t1e snsu
ss,,ccsIv onnoinr far t1s+ n,,r,o.a a,d m - th3
or;.;o,et X 11a ~ ...f.I1I e ~. -. sne
fhor1e t1,a issre NJ 'rre,s1,rr noscs ), ,,,nr,r"
III 49, 3a1 ~ noao.,,S,aa ~ ~, ~
eay, f,n o,,r!;ad n th;. oat ,ra ,ot fr,,ns;.tu,
fhl,a1 ii ~. horn1,; @ ~
~; e, ~, .is - saon5 5nd6 Neu anu te-shc.e9
an4 tae sona u :"o,oVu Is nGne9y app1opfia
tnor ~, uGs IT,; " nnS III e, LUZ .1 no
e.Ie. r.7s ;1.u uopllaseu, 10 e.I"ie tne oscIt
~ ~ VI tAe Aieasn1s ~ ealie tai' ae' in'o Il
1eSs. e. .u,,h; - cu.,, a.-, r,.4 -.
80. = Aa.o ~. pe ~ aulenet eusstes', In's tn'
tt. secic.aIs "a III luz lreasusS lnas Ieeelsc Iror1
1;n3 1;,3,;+ps ~ peso' =. ,.a tospos.liroli 70 J.
.3 u'lstu sstatts no:es VI uepo=it lot not les
= .s1a tu!rty Wy ~ su1tls oi n9t LESS taan On
raa, trnnuseA u"naFs, mta any ol !ne AsslSan y,
nls:.sass.s VI ues'snate1 aepositar'es OF ln
!: lnitet states authorized by the Secretary o
: ~ dleasu5l 10 1eeelse saen1, VINO saail lssn
, firm ss The Secretary of he Treasury e, II