The sun. [volume] (New York [N.Y.]) 1833-1916, 1862-01-23

Washington, ian. % The bill roported from
N" Committee IN Ways and Means today, provide,
that hr temporary purposes the Secretary of
the Treasury Is authorized 10 issue On the crcit Of
the United states one hundred millions Of dollars of
United States notes, not hearing interest, p,y.
aIr u bearer ~ TIE treasury 81 At the office 81 the
Assistant Treasurer, In the city NJ New York Al
the pleasure NJ the United States and ~ such de.
nominations M he may deem eNpc.liont, not les
tLhn hVe dollars each; and such notes, aud all other
utcd states notes payable on demand, not bear M
Interest, heretofore authorized, shall be receivable
for all debts and demands due 10 tho intel States
and for all salaries, debts aud demands owing by
the United states b. individuals, corporations an
associations within the United States and shall Al
bc hwim money, and legG tender In payment Of
all debts public and private, within the I'nitSl
Stites; and any holder Of said UntNi States notes
telositing any sum not less than any dulllrsor other
than a multiple, with the Treasurer Of the intel
States or either Of tho Assistant Traasrircrs, or
either OF the designated depp-itories ut CINCINNATI
OF Baltimore, shall receive In exchange therefor du.
lhcAte certificates of depsit one uf which NAV bo
transmitted h. the Secretary ~ the Treasury yeho
shnlL thereupon, issue IN the holder an eq Al
amount In bonds Of the United States coupon or e.
stStercd, rs may be desired bearing interest It the
rate II per cent. and rcdeombr At the pleasure ~
the government after twcnty years from late or,
in sums not less than {R fnr which, II request ,i
the Secretary, II he deem II cxped emit, may issue
sininr bonds, the principal and interest Of which
may De expressed in the currency OF any t,rei m
e"uhtry'And payable there and such United States
notes shall Ice received the coin, At their par
value IN payment inr any bonds that may Ice here
after negotiated 10y the Secretary Of the Treasury
AMI may be- rc-ssu, from time o. time, the ex-
genries Of tho public service may require.
There shall he priGted on the back Of the L. :
notes, which may lie issued under the provisions
Of this at, the following words; "The within Is a
.egA tender in payment Of all debts, public and
private and Is oIchangeAble for hunds Of the intel
States bearing per cent interest"
IL enable the Secretary Of the Treasury h. fund
the Treasury notes and floating debt of the United
siatcs, he il authorized 10 issue, on the credit o
1e nited Stafs, couprn bonds NJ re- yisrrei bonds
a. an amount not exceeding tive huuirel iliuns uf
dollars, and rcdeemablc ut the pleasure Of the Cow
ernlnent, after 20 years nun date, aud bearing in
terest At the rate of per cent, per anuulu, p,yle
seinl-annudly, and the bonds herein Authurig ,d
shal he Of such denomination, not less than iry
'lArs, ~ may lie determined upon by the Secretly
~ of the Treasury, IN not le~s thln twenty.
five hundred dollars, for which, II reJuestesi the
Secretary, 4 he deems Il evpoieuI may issue stint
lar bonds, the principal and interest of which my
ne expressed IN tie currency ~ any foreign ooun-
try, and payable there.
The Secretary is authorized u issue aid bonds at
their par value h. any creditor or creditors u tie
United States who may elect g. receive them ia sat
ismcton II their demands Irorii5d, that all such
claims or demands shall have been first audited aud
settled 10y the proper accounting officers NJ the
Treasury and tie Secretary OF the Treasury may
also exchange such bonds NJ any time for lawi Il
money uithe United States, or for any Of the Trees
ury y, tcH that hnyc BEEN or may here tter he il.
sued under amy former act ui Congress, or that may
"a issued under the provisions of this Act.
Tic United States notes and bonds author
lf'N ny thH At, OF that have hepu
heretofore authorized, shall bee signed blythe Tees
urer ~ the lnited States, trr She Treasurer hy
such persons ~ may he specifically appointed hy
the secretary oitho Treasury for ~ h purpose, aud
shall b" ,uuutcrsnci hy the Registrar of the Trr,.
suryor for tie Registrar boy such persons the SEQ
rotary II the Treasury may specially appoint for
such puruse; and Nll the Provisions ~ the act en-
titled IAN aot to authorize the issue of Treasury
NuteS" approved the 23d day uf DE 'cmher,l NJ,
81 far ~ they yam Ice applied a. this act, and not
Inconsistent Herewith, revived and rc-enNcel,
and the sum ol SdOo,Oo0 h appropriated h. enable
~ Secretary OF the Treasury to carry this l2t into
effect,
A Philadelphia contractor Is making Springfeld
muAkets ion S2l 70, AMI M. NJ ,son, of Taunton,
Mass has q contract g. make them for $50. The
oVst At the Springhcld amory is under Si3
Gen. james h here and " eudrayoriug e. remove
and counternct the preudicos ut certain army and
navy officers against his rited cannon and prlN tiles
Tie Senate tduy in Executive session confirmed
the nomination Of John Luthrup Motley rs Minister
Ia Austria; and Robert Pruyn, " New York. ~
Minister resident M japan.
The President to-day nominated N0ah A. Swain,
OF Ohio, AZ Associate Justice of the Supreme Court
Of the United States, 10 MI the vacancy caused by
the death Of Justice Mclean.
The JOINT committee on the conduct of the war
have agreed upon AN amendment 10 the joint rules
Of the two Houses, ~ the eaect that whenever