Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1863-07-28

N ACT prorfde Jortke Finding and Further Issue
II Of IrGrsHrD !Snbs
SECTION The Congress Of the Confederate States Of
America do Tha, all Treasury no, bearing la
tere Issued prev TO the first day OF D"cember eish
teen hrcd and siXtyi~o shall be iundbe in "ieh; per
cent bonds Or stock until the twenty second day Apr
eighteen hundred aud sxtyihrrc that from that date
I'll the first day oil August, eighteen hundred and sixty
three, they shall be funded III revcn per cent bnndsor
stock ana after tho Ka hrst dy t.y s.ll 10
longer BIZ fundabl" st the pleasure OF the holder b shall
be Tcce. abba in payment pubic dur eXcep the cx
port duty cotton, and payable six months after the
ratification OF treaty OF peace specified their face
All Treasury notes not be;!rinS interest sed the
first day Of December, eighteen hundred aad s.ty.tTo
aud within ten days after the passage OF this act shall be
uudsbir In per bonds stock until ;he r.,
day OF august uex, and after the sd day OF August
sEa lee 'iindahe only III loads bearing inir!c-t Ut the
rate OF four Ter cent per anIuLi and payable q: any
tule not exceeding thirty from the date thereof and
81, Zach notes moi funded shall b. receivable in pavieu;
ot AL public durs except the port duty cotton md
skai! 5a payable Fix month"; after the ratification
iyo pescc between the Confederate Gov, the
United States al call certificates bearing eight per
iu:crs rGli. with the accrued interest. be fndlr on
he Ike frst day OF July eighteen hundred aud sixty.
;hrr" into bords ofe Confederate S:arS bearing
~ the rate OF eight per per nnnrr and payable
at any tin" not exceeding thirty years after their date:
Provided. That the accrued interest aiore> AID nav 4;
:hc option of Tie holder br paid instead Ct br!ng funded,
Ac;l certificates. of every Description outs.ann: rhr
tiray .! JUly. eighteen hundred aud sixiy THREE shall;
after thai daie. h" 6reT" 20 be- bonds brrrug aunsal
interest OF stI per cent. and payable Is no.
cr"u thirty year. ;Ton Ike said lrs. day If July e.sh
hun df'I :Ii.' ski yIrrr.
sec . Ia li.u OF tis power herrtn;or" given by law
H.. Secretary oil til. Treasury :ssnr Treasury notes
lie sinai. be- authorized 20 issue monthly am .m6In, "
-..r! notes. bearing interest exceeding Ey mil.
Ion. OF dollars, which shall he receivable payment
;i public dies. except the expert duty coun, aud
yDir within Two ;cars ni,er Ike ratification OF treaty
m peace between the Comic i-rHtr States and III" United
States, and ,rd.se at The PLEASURE OF The loirr uruG
twelve months from the r.t day of ;!r month o: ;!r
,siu ia bonds cf the Confederate S;ars. payable any
:- not exceeding thirty years after date, and bearing
rates vi interest follows: If funded within t:rlv-
Moi nth. the I.y of trir
nns shall bra siX per per aunum iun led
that period rLey-shn L. undDlc ii To- ni- -nri,ts
t"ar f'I cent int"r"-i per aEnrm. Thcs" shall
upon their f-r the !0tI aid year II their i-si-
ani il iinh,d slali he paI tho :iLe rc,i:y. OF
heir fac, shout Interest.
g. After the pgSsag- of this act the authority here
t5fOre given isst call certificates shall cca- but the
urah!e into six per cert. bonds may BE- converted
the pleasure OF h- holder int" cIl crrtinccs bartug
i"re.t Al the rate Of live per per from III,
iair CT their ssuc That every such certificate sha bear
uon its face the monthly date of the oldest 0f the
which il REPRESENT. and he convertible into like
say time within six months fran the trSt day f the
month its monthly date aforesaid. batrv-ry certificate
rrconvertci within sx nths from the frat day OF
monthly dre shall be exchanged for bond payable
ANY time not exceeding thirty years from tie prtop
he said six mont and bearing interest -; thu six
n.ra,Ion Of mi. c, bcon .--rrc into bonds bearing
yr.r interr., ruuT cent. be- converted. the
al, tie holder lao cali certificates bearing int
~ the rate OF four per per their .t
until rcconvsrc paid the sad certificates being recon
Yer; Gs:,i at ss n,y ns y into notSs mail- in
by he Il overnlu-n} =. eica:ion Of
{. ,-ra,y of peace s.YlI kaLd the
Unitvd Statcs. -
&c t. That ell bod - - .rized
years after dat" ut tent, and
hi. in "iarr respf1 - f3
SEC. j. The SEQ hall us- any
is,osabla mean 49, - e. I.. - D&D!Ssa he sppicu
10 ,ha' purpoac wthonfV 07tbs public interest, 10
the purchase Treasury Totes bearing interest: and
,h.. .I,.l.
amount Of Treasury in circulation shall not ex
coed one hundred and seventy i've mill OF dollars
SEC. g. The Treasury Notes hereby allowed 20 be- is
ned shall be Of any denomination of NOT l-s- than ty.
!lars which is authorized by law, that the Secrr-
iary oi the Treasury ry direct Tho authority hrrrJy
given shall tue expiration OF the first n.-,Dn oi
toncr->I after the ratification of treaty OF racr. or
~ i! Year,. should the continue long
See r In edition to III. authority herenbriore given
to III. Secretary of the Treasury iss. Treasury notes
NJ shall b. allowed TO issIs EotrS of the denomination Of
one dollar and of two dollars and of nifty cents 10 such
~. amount in addition ~ the notes OF the denomination
or one dollar here,"ore Issued shall not exceed the
l"n millions OF dollars and said notes shall br pay
able six months after the ratification Of treaty OF peace
between the Confederate States and :he United States.
aud receivable in payment OF al public dues except the
xport duty cotton, but shall not be tundable
That the Secretary Of the Treasury be authorized
20 sell bonds bearing six per cent interest per annuIn and
ay,bl. ~ h-rcnbrforc directed. at par fOi TT asury
notes issued slice the first day of Drc1nber eighteen hun
drcd and rixytO, such OF The Confederate States
NAY desire purchase the same: he may sell such
bonds when by any Of the Staes of tho Con
f"leracy, upon such p.n may be determined by the
crctnrv of the Treasury for Treasury notes such
terms n deem advisable tho highest bidder
not below par: Provided, however that the whols
amount such bonds shall exceed two hundred mil
lions dollars And provided further that the Treasury
notes thus purchased sha not be re.ssued, the effect
such Reissue would be TO increase the whole amount
If Treasury bearing nteres, which crcr
!a.on TO a greater than one hundred and seventy
I've millions OF dollars And the Secretary of the Tres
sury il also authorized, "t his Opt the frs
July, eighteen hundred and sxtytrce to issue and ~
At not ieu than par estimated in Treasury n0cs. C0n
DOE bonds OF the Conf d-rate faes, bearing N per cent
inrrc>. per and payable hcrrnbefore direct
I'd The said coupons 10 be paid ut the pI-.surs 81
he owrer either in the currency ID which interest IT.
maid on other bonds Of the Confederate States else in
cotton certificates which pledge the government to pay
the ,;.- in cotton of rhe quality of New Orleans Mid
iugs The said cotton to be- paid at the Of eight
pruce sterling per pound, and be delivered any
line within six months after the ratification OF treaty
# u.ac. between Confederate States an tho United
States Al an or H.l of the ports OF New Orlenn, Mobile
Savannah Charleston Wilmington as the Secretary Of
Ia. Treasury may direct: Provided however That the
bonds h-rrb;. authorized shall exceed hundred
mll!orso dollars. and hall be applied only to The Oh
snrnton OF Treasury notes ~ prescribed IN This hct
Sec. That IL shall be the duty OF the Secretary Of
the sury Immediately after the passGGe OF this act to
make publication Of copy thereof In each Stat. IN ~
east two published in the State and to havr
.d publication continued until the frat day Of August
.isit"su hundred and sixty.tbrne
Auprovrd Marnh a. IsGi april 'a-Ia~tlan9