Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1863-07-03
4 ACT ia p'os'de orth. F",Gi~g oaa FurtAer Issue

N
IN 81 Treasury .i"icS
SECTION L. The Congress of the Confederate States Of
America do rnrcr TEl IL: Treasury not bearing in.
trrs i->rt PREVIOUS {" the lirs day December vy!.
Tee uT"rri and ,IyIwu small b. Indlir in eight Der
cent o!' or sock r,ii tue twenty secondary April
eighteen hdnGrcd and hire" that FROM that date, ui
ii! the irSdr O Augu,i, rXNtcru luuGr and sxty-
'!rre, they o!l nc unGtd in per cent. bonds or
stock. and after he said fday o: August shall no
long be uGduit u. the p-iurr Of he holder bur -n
he "":i 'hl" III paym"n' o. public dues except the tx
l'"ft 'r'y COTTON, ara payable Fix months after IA.
rt'iErGtun 9; Il .,H;yOt p,c. specified their face
All Treasury Tp"r not bearing interest i->ucd after the
tr,t hEy" D'Cv.'Cr. v.in"n hundrrd and siXy-two
and within days aiter r p#agr of il.S act. small b.
.ini in seven rvr cent y.li- rr stock uuti tho
d E" August n"&i. m ;:.r IL" aid irS, U! August
-h. b" |Ldc!c "ny ~ bDud- bearing interest at the
ri" "I iuHr cunt. per nEnuIn :,i IA r.Ir al suy
tine net "Nrcriug ihi:ts .rJ tl DAT; hereof and
al s!r !in. ~" iiIid" HAL -" rccrIvau" in payment
Ct III iuiir '!Grs "Sccpj II" r day Oh cotton and
shall b" iTHb" ~ month, after 'Ir rattle tinn of a tr,a.
ryu racr iriw, tie Confederate Government ana the
Tinted States. All cali RI ilca. b.;ins eight per cent
Interest, sh. Wish tEr #v'Tacd ',rrst. lie fuuua,.r ON
or before lie .!r- iay luiy "yi;n hundrr and sixty.
three" in:" Li "ii l C-eurI..tr ,a"I bearing inter.
80 :" ID" IA" OF cis; ercehr. per nnmin. and payable
~ any ii'r IA; exceeding thir:y year, after their d;e:
Provided, That the accrued Im'-r. a;nr:> pi NAV n,
the "3i."n -! she iui'rr h' paid instead being funded
tiri! r;iEr.i.- az ever description outstanding III,
Tstday al .r, eighteen hu:.sr ANA SIKH three shall
after thar d", l." - ru'i 20 IT, bond, bearing an annual
Interest ~. ~ per. c"u', mi Iv"br 1T hatc no;
ce";mG 'y year. '''' i"s".d 'ir', day Of July cis!.
hI;sdrr, and ,i%ry.iirrr.
See. IN leu tine rnI"rr heretofore c!vru by law
TO the S"cr"i&r? uf the to i,sur uoi,,
h. shall aati"IIl"! :" i-r .Drtiv 81 amount of
sIc upi-, bearing no in-I"i eNCrn.i:uy fy mil.
lions Of oiar- wiri .hE!l n receivable IN rayirn, nj
ali public dIs except ia" export duty OF cotton and
payhb" within ~" ria alter u" ratification ut treaty
u! peace ""r"!, ;r Cu!c l"ra;" >tc- and the United
States and iundub!" the pit y: the holder during
twc." months from re .if>t day III" IuuE;h Of their
i.,r. in bor,a al II" Confederate States payable a, am
tule exceeding 'lriy Years after date and bearing
rates OF i.i.rcs. e, pllvw.: II .uI.d within tyrye
,spflI- tr-;, IL
bonds kali hcHrsx percent iT;cTcs; per nnin,; funded
at period, they shall h. iuIAabc in bnls bearing
:Dur pen cent. irtcrr: PR These notes shnll
upon their face the Month aud yr"r OF their issue
aud II un;;yd shall h. pa!h the time .rccilcd ON
their face ~ ih0E; interest.
Sec. 3 After '. Pas-ag" Of if' the hority here
uf1c given issue cal! certificates all c-;Sr but the
iunimhr into nix per cen: 10 Eis may converted
the cHsnr" at the holder r c"rtiuca,r. bruriur
intrrc, 81 the rate ni i've per per annu from tie
date If their iss;; That every suc! certificate sha bear
upon lis face tho ponthly gt" %: the oldest Of r note.
which !; represents. and he convertible i'm" like notes al
time within -iS months ir':I the frs. Gav ii the
moiti Z" Its monthly date l;orai bE;ryrry certificate
r.cTnrprtc within six utiIS rOin the first day of
lis monthly date snail h- exchanged for bond payable Mt
Any time not exceeding thirty r rOu tho Npratlop OF
the Sid Fix :un,s. :. bearing iu:pr".t the rate Xix
per crntrI Der annrm Treasury notes which bv the
operation o: this nc; brccinc ;uabc into bonds bearing
years interest %: iIuf cent, BE- converted at Tie
pc,sUr" % she holder in cali certificates bearing n;c
the Of per iru,u their date
until rcrovr;cd pId H.. Sail certificates being RECON-
verhlr any :i!c b" tie iirr int" notes ndablr In
four per cent bonds. and rH able n,I receivable hereto
fore prescribed han irr -lii certificates MAY be r, deemed
rvihc Gov-rmI: ARR !.rt lr"i tie fca.iun of
ir-y"f lrac" h"i;"ren tie Confederate States aud the
United States
SEC. !. That all h"nl4 If registered stock authorized
to h. Issued 10y tS act shall Dc payable less than
thirty year. after LH!c but shall iIr rcrcmublr five
year. after date 81 THE pleasure of Er Government md
shall IN other respects conform t" existing laws.
SEC g. The Secretary Of the Treasury shall us" any
i.po-;L!r ,h: Tasury which can he applied
,iti % ,lir ipt,.r
ihr purchase I, Treasury notes hearing Interest; and
,s.ucd alter tie rMs";r "i this act Gn, she hole
amount OF Treasury Eoc- ~ circulation shall moi or.
coed one hundred and seventy iv" mill ons oi dollars
SEE G. The Treasury notes hereby allowed 10 be- Il.
tied shall be- OF any denomination 81 less than five
dollar. which Is authorized b.: law that he $, ere
oi the Treasury may direct The authority hereby
given sIa nj Ic expiration the first session of
i.cuSrcs af tir ratification OF treaty OF peace or
The end Oi i've year. -iylid TIE continue 80 long
Sec T. In addition III" authority Lcrri:briors given
to thu Secretary o.hr Tr,pr Treasury notes
H. -!.li - allowed to of The denomination of
dollar AND "f;w" 2"ar-. aid OF i:ty CENTS such
in addition tu The OF IA. denomination
OF al" dnlinr c:r";"rr I-slrd -l not exceed the sum
OF fifteen millions "i 'u.ar, and said shall he psf.
abr sX Tontls after ic ratification o. treaty peace
between the Cn::".rr;c States ana III" United States,
end reccv..l III Payment I'll all public dues except the
r:por duty on Cotton hut shall 10; he iun,abl-.
Tg: "a" SECRETARY ii the Treasury be horzed
TO -ii bord' bearing Xxx per c"w; interest per annm, and
pay, hl i!'rrinb"iar" directed par fo Treasury
ia;4d since TIE T day vi December eighteen hun.
rrt and Xt y;wO, sach Of the Confederate States M
way deirc 10 purchase the -Hmr he may sell such
bonds, when guaranteed by any the State. the Con.
frderacy. upon such plan b- drerrIi"I by the
Secretary The Treasury Tor Treasury notes. on zach
he deem advisable :" III" highest bidder and
no: below IHr: Provided however, tina. Il" whole
at such bonds sn. moi exceed two hundred mil.
linus Of dollar, .,ui provided further that the Treasury
ihs purchased shall not be- ri-ru.d, III. effect
such ris,uc would br Increase the whole amount
Of Treasury notes brruc 10 interest which IN crcr.
lHon greater than hundred and seventy.
five millions n dollars. Snl the Secretary or the Trru.
-ury j. $50 Tu;h"rs"h, :; hi. option after the first of
July. c.sE;srn hundred R;:h Ntyil-r, ssu. and Sc
!uss than par estimated Treasury notes cuu-
pom bpnd vi the Conf ra" States bearing l> per cent
interest per unun. and payable hcrrnbeorc direct
I'd. 1ii- aid coupons I" u" parl tho pr;surr Of
paid on other bonds of iii" Confederate States or r.. in
cotton certificates which pledge the government 10 pay
the same in cotton Of She quality New Orleans Slid.
dngs. The said cotton b paid the rae ri eight
pence siefiinG per pound aad TO 30 delivered at any
tine wiki, Io;I;hs ieG :ilr ratification Of treaty
rc;lcr between thr Confederate States the United
States ii Ill OF tho ports OF New Drle.ns Mobile,
Savannah Charleston or Wilmington the Secretary of
the Treasury :n"y direct: Provided, i2wcvcr That the
b0Id- hereby authorized sGll ,scCrd one hundred
millions OF dollars, and hal! he applied only to- .hs aD.
sOrptlon OF Treasury notes iis prescrg d in uE
Sec. o Thai il -,aii be 'h- duty the Secretary Of
the TT. asury Immediately after tl = ,age ,is Ec
least two wspap.rs puried IL tie state and 10 have
said publication con;i,'rd lie zst dag of August
r'ghtrsn bunirrd Inl AK" .lr-s.
y nrai MAR. isfE sI-il l3-17vtlsuv