Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1862-02-24

tne LAthtuL performance Of his duties and that a.
ylaaStsEs Ahall have rRnk and precedence
with assistant goons NOT passed and tSt All an
pOtntmeuts to MI vacancies "a the eoFa Of TyIl11.
isTf lhan 6e made by regular promotion from the
See q. And bGtt further enacted. That within Six
EoBtha After the exprltip Of the present insuITeo
tiers shall b reduced 70 the number Of ssIGnfyaTs
Approved, July II, lsgl.
EPu1u0-NS. 81
ANACr to GuthoriES = National Loan and foF
Othht purposes.
Be It enacted by the SENATE aud HOUSE q Repre-
ssntAtTaa Of the United States Of America In Con.
gres assembled, That the seeEetary Of ne TrsSSnTr
BE- aud he il hereby authorized 70 borrow On lie
credit Of the United States, within twelve months
lrOtn the paeaago Of thi5 act, sum nat exceeding
TIVE hundred and nifty millions o dollarn OF 50 EpcS
theTeof a. he may deem Necessary for the public ae.
vice, for which he IL authorized to issue coupon
pOadS OF regtered bonds, Treasury notes In such
proportions Of each a. he may deem AaTtsable; the
bondS 70 bear interest not exceeding seven er cent
per annum, payable sOmiauhually fTTadeann 80 foF
twenty yoaTG, and amer that Period redeemSble A
the peaIure Of the United States; and the TreasuI
notes % Be Of any denomination 1ed by the seerS
taEy Of the Treasury, not less than nifty dollars and
70 be payable threS yeirs amer Isie fth inteTsSt
at The rate OfseTen and threetsnths eF esutum mar
ofthS Treasury may also Issue in exchange for coin
ana Is part OF the above lean may pay Tor salaries
eEOther dues from the United States treasury notes
o. Alesa than my dollars, not bearing
interest," but payable on demand by the Assistant
TEeasureTB Of the United State a Ns
LSsk o. boston or Treasury notes bearing interest
&C the rate Of three and Gixty-dV6 hu1dfedths per
eentum, payable in year nom date And arehanE.
abo At any time for TTeaSuEy notes Tori fty dollars
and upTAid4 tssuabls under The hutl6Fity a thll
aG, and bearing interest sPeeined above: PTUTi-
ded, That no exchange OF such notes In any -
amount than one hundred dOIIArA shall be made az
any one time: Aud provided further, That no
Treasury notes Shall GO Issued Of leEl denomination
than ten dollars, and that the whole AMOUNT Of
Treasury notes, not bearing Issued ueF tbe
authority this
Of dollars
Sec. 2 And be It further enacted, That the Tre,-
slFy notea aud bonds issued under the proysous OF
this act shall b signed by the RfFIt or second Conn
ttoeE, or the Register Of the Treasury and countor
signed BY such other ohieeF ohieeFs Of the Treas
aud all such obligations OF tho denSn1inStIon 81 dff1
dOlan and upwards, ahali be Issued under the seSI
Il the TreAsnry Department. The registered boniI5
hall Ie transferable ON the books Of fhe fT.SSnSy
IN delivery Of the certificate, and the coupon bodG
and Treasury notes shall be transferable on delivery
Or persons or eXeSutcd in such manner. a. NAV Be
Designated BY the Secretary OF the Treasury, who
shAll hx the enEnpenGltion for the Rlfna
Sec g. And be Il further ehacted, That the gecre-
aFy OF the Treasury shall cause books be opened
Pr subscription to the TreaEufy notes for my dol
ATs and upwards, at such places e ha may deEiTunts
70 the United states and under such rules and Teu
l91ioDo ~ he may prescribe 70 10 auperintenued V
The aasiant treasurer Of tho United States at ths
respective lOeaiIteA, and At other places by such de-
loatories, postmhgtSFa and other persons e De
hoSgnAto notice thereof being given In 1t least two
OF Ihll CITY ana In 0utIte
neNHpapers published IA the several piaees wbSre
subscription books may b0openel; aud snbseripfions
0r sush notes may b received from an psrSohS who
may desire to subscribe, any AWtO the contrary not.
standing; and &c larger amount shall bS SUB.
Sr1bed In the aggregate than required at one time
me Secretary u the Trsasury Is authorized to re-
eeiVs the same, should he deem Il AdyantaFeoEis "a
the pube tutSreEt; and II not, he ahall accent the
I'M !eSul[s 6y giving The gFeioEsnes TO the
Treasury shall NIX the eompeu sations OF the publ
OF ee4sEs dssignated Tor receiving said gpB-
any Other duty In connection With this act no com
Pensaton Tor services rendered shah be allowed OF
V any public Oteor whose salary Il established
BY AWi and the Secretary - be Treasury may 49,
make such other rules AZ equations a hS NAV
deem o1pedtsnt touching thu fnJthlnsnt to Be paid
On any sptSeripton At the time q subSeFibinE and
further payments by inEtaImtnts OF otherJEiss ana
penalties tor non-Tayment Of any instaIment, aud
slso concerning the receipt, deposit, and sic keep
ing Oh money received tFnm such BubscTtptidI unf3i
the same can be placed In the possession d ofeiSi
depoettcres Of the Treasury any law or laws to te
son SSSntTSIy And the Secretary Of
me 4EeasnEy = also authorized, IL he SaIl deem Il
eSpedient before opening bookS OF BnbscTiDtion n
AD9Se provided, 70 exchAnge tor coin or pay for
tWenty-third OF December eighteen hIpSrS5 S,j
hfyseTen and falling due on The thirtIeth of lime
s.t.nsesn n9ndtsd and Exty-ones or for Treasury
uotss Issued aud taken in exchange for such notsS
any amount Of sid Treasury notsS for nv ioiiSF1
Or UpWardl not GxeOeding one hundred millions Of
See: 4. And Be It further enacted. That before
4WlIalnE any portion OF the loan In butds authors
vs. ~ t9is aet the Secretary OF the Treasury, 81 be
ueSn oaEeabts 70 issue proposals. for the same IN
the Uuited SthtSs, shall give not les tiSn IIesn
aays public notice In two or more Of the pnEiic
other places Of the United states as 81 nav deer,
G1NlsaoIs designating the amount Of such loan Tie
place and the time up to which sealed proposals. viii
be received for the same, the periods for the payent
and the amount Of each lnstalment IN yfJe6 n 4
70 oe paid, and the penalty forthe n0n-payment d
any such instAlmentS ard when and where Sdeh mo
PoSals shRll be opened In the preSeSee 81 Elsb ~
sons as he Nay eho0s 70 attend: ana The gerTefS
o. me Treasury e authorized to accept the most a.
ToEaeie sPEop0eals offered by responsible bidder
PToEtdsd That M ofr shal DO accepted & les than
Sec s. And be It further enacted. That The s,.r,
taEy q the TFeaSuEy my, r. Sc deem 4 SiisSbIS
nelsotAte any portion Of said loan, not gxesefiS1
one hundred millions OF dollars In any 5reiFn c11
ana payable At any Delegated place, either in
the DATED States or In Eurnpo ard may i-Fns r
tered 81 eoapon hOnds f1f the AMOUNT fh16
% the provisions Of this act, bearing
interest payable semi annually, either IN the UnIte3
states or AZ any designated plaee In EurOpS: ma ~
anthOEiEsd to apPOint such agent a. aeentS
9 &c may deem neeearJ for negotiating Slci ioaB
under his tnstTuetiOns aud for payiDF fbe inter-
On ne se1ae and to Ok the compensation a Tneh
snt o. aEo1ts and Shall prescribe to them aii tie
shan b negotiated, and slall have power % "A tISe
Fahe o. exchange ct which the PRINCIPAL IhSll n -
sISr NE !9s the loan, and the Sx-
est IN Europe 6han Be At the same rafe
see o And b It further enacted That vheneysr
~ noteEs OF denomination lail than IN y
SoaEs 9nthoEEed to b Issued By thu IT sISIl bss
been redeemed, the Secretary 81 ne TreS1nr1
4 3 n me oE nay cancel them and t1s natr
ngee4 70 an equal amount: Provided. Thai fba ~,
90 atS amount q bonds and Treasury notaS fl'1si
under ne PrOIistons Of this act sEaIlnsyS
crossed t1odntl OfnOlnt GuthdFfEeiI IN IA 6TIt -
tso9 o. th9 9et and the power to fEsuS OF reiSSne
SeSA ~ = ~ eos and amer the thirty.
Gfse 81 deem ghto1n hun dfetl and SiTfVstv5,
Sc. =. And b It further enacted, nat ths Secrs
~ @ tne 3FeasuT !! hereby AnthoE1Ee VIhSneysr
ho ShAu dam Il 0xpeiS1t % Issue IN eEehSpEs ~;
eeins @ N payment f1r public dns1 TFeallry I.iel
= any @ the denollinations horohh6fdr0 slei6ei
bearing tntere8 not GEceeding DIR pr SeufIrS -
snngln, AM. payable At any tims inot oxeooifnS,
sSslye month"; fEum date, pEGvidod tht me 5IGIln3
y n9ses = tlsRed eE PAD 8hau At no tina ero6I
twenty millions Of 6oiiaEl - eN's
Sec. s. And b0 1t further sssskIl ,FIsa4 ~ &c..
S,E{ g the shan report to CunlrSEI fFlI,e
diatly AtfOr the commit "a ~ 5SSt Ss59
its Il has boEroE the TEoTiiioaS 81
Sas - e Nita4 and on what terms With - az
StEse5 q Al The prupolAls 49, fSSf
nave ben accepted SD thoS thSt lSTS tee5 rpieet
S9, ~ sae q bod 1ote8 dat
IS 3 And 3 4 further enacted Tha4 ti,o $50