Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1862-01-29

puluimenis 70 hll Vnflr7lta 10 tno eNil % ~
iefs shall be made by regular promotion tfum tie
! gc, Il Audbs K further enacted That Vitlinai1
n0nths after The sxpin,ti % The pressni Insured
ton the rorIs " pNymasteTi and assistant paymt'
tsfs ,hnll bc reduced 70 the number Of 'sTeH'ynV'
/ 10 the whole.
I AppfO1si, July II, 1851
lPuhuc--So, 5.
AN ACT to authorize National Loan and for
othar Purpose.
| Be II enacted BY the Srhats aad Houae o. Repre-
rtntntlyss II the United States ~ America In Con
gtr asssnbleI. That the Secretary q the Treasury
/ IL and he lsherrby authorized ~ pT9N' On liie
credit Of The luitei Stale, within tHelTr tn9ih,
from the pa.sagr u this net, sufn not rHeecdlhS
two huldrg and city million, d toilafs o. - much
thereof ~ he may deem neeossIy for the Pubic isf
| yirg fJr which he l. authorized 80 lssuo eoppsn
tondi or frgisisTedbynds OF Treasury nol, ~ assh
uroportons VI each a he may deem aivi'abloi ihv
i1s 10 bear interest not exceeding seven Per reht
| ri annurn, Tayable seniAnnully rrrectmabloior
| twenty yOafs, aud aiTTT that Icrod rtdeenable ~
The pleasure Of the United States; aud the Treasury
notes 10 be 81 any denomination hEel W the sscfe
tary u The Treasury, not less than niy d9ats Aha
Al lhsrie rfssvcu and threc-tHnths psr eentum PSr
/ annuni, payable IeniAnnualiy. And the Secretary
al the Treasury may also issue In exchange for eon
and a. part Of The above Loan or may Pay inr salats
rF other dues from the United States Treasury noles
n denomination than any dollars, not bearing
/ ntrrc.t. hui payable on demand by the Assistant
Trnasnrers II the United states at Philadelphia New
York or B,sl5n, OF Treasury notes baaTing Interest
a the rate of three and ,iHty-hIe hundrcdthf per
rentun fayabiC in Que yCAr ffou date and t1ehahs-
able at any time fJr Treasury notes iot hiy dollars
| and ubwaids lssuable under Tho authority Of this
Act abd bearing Interest "A specified above; PrgNi'
led. That no exchange Of such notes IN any loss
amount than cno hundred dollars shall 10 made NJ
any one tine: Aud provided further That no
TTssstry NOTES shall te issued VI less denomination
than ten dollars, aud that the whole amount o.
Treasury notes not bearing interest Issued under The
authority u this act shall not exceed my millions
&c. . And DO II hIrthsr enacted. TIN. The Trea;;
HHry notes aud bonds inurd under The pfotiaSh o.
iris at shall o signed bY tho First see1ud Comp
troer or the Register u the Treasury and counter
signed By such other officer or officers % tho Treas
hry A. tho Secretary Of the Treasury may designate
and all such obligations, o. the denomination q MY
dollars and upwards, ahall be s1ned uhler I've seil
ID The Treasury Department. Tie registered bonds
shal be transferable on the books 81 the Trralury
on deItery Of the eertheatr, and the coupon bonds
ana Tfralury notes shall be Transferable on delivery
Ihs interest coupons may BE- sisnsd BY such psr'oh
or persous, or executed In such nAnneri ~ may 20
designated by the Secretary Of the Treasury vino
shaiin1 the compensation for the Nins.
Sec 3. And 10 Il further enacted, That the score,
tary Of the Treasury shalt cnuae books 10 be opened
Or subscription 10 the Treasury notfa ior hlly uo''
lar and upWnri 1t sucli places a. le may designate
10 the United stItsL and under such rules and fegll'
atnns a be may prescribe, TO b. aupcfinlended ~
bn assistant treasurer Of Ito United States At thef
4 rrIpeetiye localities and ut other places by such de-
poSitoTes posimasterS, and other pertons ns he may
designate, notice thereof being given IN ~ least w
daily pnpeFB Of thia city aud IN one OF more pubic
newspapers published In the several places VheIe
subfeflptlon b1okSmny bcopcuedi and subscription
f,r suci notes may ho FreeVrd from all persons Nhf
may desire TO tubseTibs any law 10 thccontTary not
Uithstandng; aud ifa larger amount shall pe suu
sefibei il he aggregate than Z required a one Time
tho Secretary II tho Treasury ta authorized 10 ~
ceiyp the same, should be ds0m Y advantageous Y
Inc nube interest; and II not, he shall accept th'
amount required by giving tue Pfesrenee = ~
smaller subscriptions Hnd the Secretary Of w
Treasury shall Tx the cOinpon atloul OF Tue pub'
oicofu or Others designated Tor receiving SAID sub
1-Tiptlnnsi Provided, That Tor Performing this OIL
any other duty In ennne1iOn with thls act, no CON
pensatian for services rendered shan be 9Ita q
raid 10 any public ocor whose salary u establishes
BY Law; And the Sserrtury e he Treasury may ais
: make such other rules ar sgnlatienaa ~ ne ne!
deem cXpciient touching thu instAlmsnt 70 be pit
on any subscription At the time oi suhseTtblng ant
, further payments By nstalmshis or olherWse' am
penalties for nOn-pAymcnt Of any lnstalmeni; IN!
alec concerning tho receipt, Gepoilt and talo Keep
iuF o. money received from such subscriptions, untl
the alne can be placed In the possession Of onicia
dspuslloFies Of the Treasury, any Law or laws 10 th
contrary notwithstanding And the Secretary Q
tbe TrrasuFy Il Alan authorized, he shall deem
o1pedlrnt, beloP opening books Of subscription a
ab6ys provided, to exchange Tor ooiu OF ray ~
nublle dues or Tor Treasury notes q tho i,tue o
/ tweniy.ihird Of December, eighteen hundred and
i1yseTen, and falling due GU the thirtieth Of June
\ eighteen hundred and hl1ty-ohe, or Tor Ircasut!
notes Issued and thkun In exchange l0F snch tiots
any amount Of nld Treasury n0ici ior any dollar
or upwuriEHot exceeding one hundrrd millions
lollhfS.
Sec. 1. And BE- II further enacted, That, bttor
awarding any portion Of tho loan in honds auihoT
lied by this act, tho seeTttaryoi the Treasury, u b
deem Il advisable to Issue proposals far the SAME i
the United statol shall give not less than hiies'
dayn' public notice Ia two or more Of tho pnhll
newspapers Ia tho city Of Warrington, ana IN suel
other places Of the United State - ne may dssil
advisable, designating tho amount u such Loan ~
plact and the time Up % which sealed pEopoaalsWil
be rtcelyel or the Gine, the pefioa TOT tue
nnd the amount Of tach lnItalmani IL which Il ]
I to bO paid, aud the penalty ior the nourpayment
any such indictments and when and where tueh pro
poiala shall be opened In the presence q such PCT
sons as he may choose 70 attend; aud The seeFetat
Of the TrehsuTy u authorized 70 accept tho mort ~
yaFable proposals offered BY reipnnablS blddefh
Provided, Thstnj oHor shall Be seesptsdGt lees thai
4 par. La a..
tary n ths Treasury may, u he deera It Adyi,able
negotiate any portion q lald l1an, not e1errdni
one hundred millions Of dollars, ia any hrrign eouii
try, and payable a any designated place, either I
the uted States OF In Epropa, and may issue regi.
tered or coupon bonds tdg tho amount thus nogotia
ted agrrcably to tho provisions u this act, hsaiih
interest paYahle Substantially either 10 the Unite
! slater OH any designated place 10 Eurrpei and b
Z isfuTthsr authorized 10 appoint such Agento agrnt
e. he may deem necessary iif Negotiating sueh bAl
! nader his Instructions and for paying the inttrcs
: on The same, and TO * the compensation q s1ol
2 aecnt or ngentS and shall prescribe to them ~ III
Fales regulations, and modes under Wheh such LOAF
hhAl 10 negotiated, and shall have power 70 nX ~
rate cf exchange At which theprnclpal shall 30 70
eeiTed from the contractors nr the loan and the %
change foF the payment Of tho principal and Inter
I, | ct N Europe ihAI be At the same rate,
Sc O. And be Il further enarted. int Whenefe
1 any Treasury notes Of donomnation lsal thln m
dollars authoriasd tote Issued By this act shall haT
? Loen rpdoened the Secretary Or the TfeAsury ma!
reissue ne same or may cancel them and issue nuv
/, notrt 70 an equal amount; Provided, Tat tho e
grOgsia amount OF bonds and IreaEury notes iasne'
ndsF the foregoing provision Of this act shall neve
exceed the full amount authorized By the hrSt *
ton Of this act; and the power 10 Issue or reiNu
such not shall cease and determine AMER the thirty
hrtt Of December, eightsen hundred and sl1ty.tEo.
Eoc :. And Be Il further enacted, That tho sccra
tafy Of the TreASnry Y hereby authorized, uhhneLe
he ihAll dcemit oxpedieni, % issue 10 e1ehange u
colin or IN payment ior public ducs Treasury note
! d any Of the denominations hennbei0Fo specified
baaring interest not exceeding six PER eentum pq
4 aununi, and payable u any time not oxeeedinl
!. twelve months nom date provided that the amour
d notes % Issued OF paid lhGll a. 10 time eKcoo
twenty millions Of dollhrA fl'
stc 8. And b Il further OnAgtsdi That III seer
tAFy Of the Treag1Ty shall rupori % CongFos imne
dsisly aitoF the commencement q The nlGt .e1lion
tho amount 10 has bogTUWO1 undsr The prgyiriou5
thls at Of whom, and on What terms with 40 ab
SeFOet q all the prUpVllla dcslglAting tho10 tia
biye bSin accepted al thoss hat have hslR rssei
; q, and tho amount Of bOpdl Of ETea5uIy nott TIA
: haze been luuud IL tie EIuA