, 1863-03-03

1868, in sums representing any fractional part
Of d dollar, shall be subject to and pay dutY
Of five per ccntnm each halt year thereafter
upon the amount of such fractional notes or
bills 70 issued. And list or return shall be
made and rendered within thirty days af:er the
first day of October, 1868. and each si1
months thereafter, to the Commissioner Of
Internal Revenue, which shall contain true
and faithful account of the amount Of duties
accrued or which chou1d accrue, on the full
amount Of the fractional note circulation and
on tue average amount Of all other circulation
for the si1 1nonthsnext preceding. And there
shall be annexed to every such list or return a
declaration. under oath or affirmation, to be
made in form or manner rs shall be prescribed
By the Commissioner Of Internal Revenue,
Of the President, or some other proper Off
Ger Of said bank, association, corporation, or
individual, respectively, that the same con
tains true and fuithfal account Of the duties
which have accrued, or which should accrue,
and not accounted for, and for any default In
the delivery Of such list or return, with
such declaration annexed, the bank, associa-
tfon, corporation, or individual making such
default, shall forfeit, as u penalty, the sum Of
$500 And such bank, association corporation,
orindiyidual shall upon rendering the1ist orre-
turn as aforesaid, pay to the Commissioner Of
Internal Revenue the amount Of the duties
due on such list or return, and in default
thereof shall forfeit, as penalty, the sum Of
$500; and In case of neglect Or refusal to
make such list or return US aforesaid, or to
pay the duties aforesaid, for the space Of
thirty days afterth time when said list should
have been made or rendered, OF when said dn-
tics shall hare become due and PAYABLE the
assessment aud collection shall be made &C.
cording to the general provisions prescribed
in m act entitled q An act to provide Internal
Revenue to support the Government and to
pay Interest on the public debt" Approved
July !, 1862.
lNoTE.-We print tue bill az presented by the
Second Conference Committee. The labors Of
the Third Conference Committee exclusively in the
foregoing section, resulted iollows: It decided
TINT the Senate shall recede from the amendment
taxing banks prospcetively two per cent, and
ehan adopt the House graduation scale. tfarther
decides tlat the House shall agree to tax OF half
per cent semi. annually additional to the graduated
scale tax and also to tax Of eight per cent annu-
ally on the amount ofdeposits above the amount Of
circu1ation.-Eps. TRm.]
SEC. 10. Ind be it further enacted, That In
order to prevent and punish counterfeiting
md fraudulent alterations Of the bonds, notes
and fractional currency authorized to be ISSUED
by this act, all the provisions Of the sixth and
seventh sections Of the act entitled "An act
to authorize the issue of United States notes,
aud for the redemption or funding thereof,
nnd for funding the floating debt Of the Uni
ted statcs," approved February twenty-dfth,
1sG2, shall, SO far as applicable, apply to the
bonds, notes and fractional currency hereby
authorized to be issued, in like manner as if
the said sixth and seventh sections werehercby
! adopted as additional sections Of this act And
the provisions and penalties Of said sixth and
seventh sections 6hall extend and apply to all
pe1eons who shall initiate, counterfeit, make,
or sell any paper such as tllat used, OF proyi-
ded to be used, for the fractional notes pre-
pared, or to be prepared. In the Treasury De-
partment building, and to Ill officials Of the
Treasury Department engaged in engraving
currency hereby authorized to be issued, and
to Ill official and unofficial. persons in any
manner employed unler the provisions Of this
| act. And the sum Of six hundred Thousand
dollars is hereby appropriated, out OF any
money In the Treasury not otherwise appro-
priatcd, to enable the Secretary Of the Treas.
ury to carry this act into effect.