Washington telegraph., 1863-06-24
AN ACT
To Provide for the Funding and Further Zssl
Of Treasury Notes

To Provide for the Funding and Further Issue
Of Treasury Notes.
SECTION l. THe Congress ~ the Confederate
States Of America do enact, That all treasury
notes not bearing interest issued previous to
the first day of December, eighteen hundred
and sixty-two, Shall be fundable in eight Per
cent. bonds or stock, until the twenty-second
day Of April, eighteen hundred and sixty
three; that from that date until the first day
Of August, eighteen hundred and siHty-tbree.
they shall be funded IN seven per cent bonds
on stock, and after the said first day of August.
they shall no longer M fundahle nd the pleas
ure Of the holder, brt Shall be receivable Ia
payment Of public dues, except the export duty
on cotton, and payable six months after the
ratification OF treaty 1f peace. as specified On
their face. All trp -ury notes not bearing
Interest, issued after tie first day OF December.
eighteen hundred and sixty tive, and within
ten days after ollie ra> age Xii ths Act. shall to
( lundabie IL seven per cent. bonds or stock
until the first day Of August next; and after
the said first day cf August, shall he fuulahlc
only In bonds bearing interest nj ihe ratr ol
four per cent. per anlum, and payable a- my
time not exceeding thirty years from the d9It
thereof; and all such notes not funded sEali
be receivable in payment of n.l public due,
except the export duty On cotton. aul Shall va
payable six months after the ratification Of 4
treaty Of peace between the Confederate gov
! eminent and ihc United States. All call cer-
viii -Lo c..r,,5l -. ~ f,,,..i,iI -. a.,
L,r1r, .fe 60 - T,,-,. -, -.
.,,,l a., IT,. tfr,, ;-. t-,,.l-. . 7.. ,-r,1-.
c-.t,s h.,.i,,, -,,t.r..+ WI INV. 49, o;,-.
,rr cent men. .'5,,-, mi -. s,,,. tsc
not excaeIinr flint. ,-oar. .f,.r tboir. d,t.
prOriEgF Vbar ttn Irc-,ar fr+arae+ afarn.ffi
NAV. III the ort;.n IVY +ta. I,o1f.r ~. r9iI ~,
stead OF heinz f,nfaI an r11j crr,-frr.,
10. eyer- description outstanfir-- tI,r fr.t N,
or JuIy. cirlr.cn hundred ag9 .i.rv-tl-.r
.l,U ,rtcr t..,t l-+a nv. f.,,re1 Y. w. tnrg.
bearing am animal interest," or six n.r cont
and PAYABLE m a date MAI e-crcI.nr riirt,
wears fipm thr said ir-- lav oc Jnlv. ctrlt..I
hundred and .:zt--trrcr.
SEC. 2 In i,.,r-tI.a ,,oyr,r bor. taroro river
by law To tile srrrct..- .r .hn Treasury. y.
Issue rrea.u,, nr-.s I..U.rI NV. arfr. a-iJal y.
| issue monthrr M amount ,- sreb not... bca..
inc no irterr.. MOI .-ro.,I;r f.,.. million. 4.
! dollars. which -la- IN. racr .a,... sl rlrn,rr.
! Of all public dua4. ,.-ort .r. r.-..t ,tttv or
cotton. and r.,- h7 -.s-l. .,.. ~. Il .t...i. tf
ratification, I'll tr...r ~. ,.... bety-e., fl,
| Costederit. Stat.. .rI -M. United Stat. aut
| fnudable M rha,r..-,-a WYNN -.-lc- rrrfr.
| twelve months fran, tI,.. i.-.....- f tla rortI
| of their issur In la., ,. -tc Ca.+..lernt,
! States, navable MI a-- .aar ra ,..lclin.
I thirty wears aftrr .. .lI srar;n .atlg ~
/ interest - follow: Z. u.lc. 5.i.n. ,welv,
{ months froin the ii-st lara. the mont "a. thei.
| issue, the bonds -ta.' haar -i.. rcr ca, infer
! est per aunum; wv ilaa.I after th- pcri0i
Z they shall DC iuu1alic iu;o bonds bearing fouI
per cent. interest I-r a-num. Thee notes
shall bear upon tlcir .Aeh the month ntl yeai
Of their issue. ami N not FUNDED, sAa.. be PAID
at the time specihed on their face without
interest.
sEc- o. Alter thc nr-aG' ol 'hl- Aetr MIN
authority heretI' re gwen ~ issue c4H eertlh'
Gates shaIl cease. "ut Rae notes iuNHio'e 'i.,
SIX per cent tprns ma. he converter IN 'A'
pleasure OF tha holder, hto caN cerltca-t.
bearing interest at tNr rate ~ Avr Per c."t
per annum' from tae ".te q their ISSUE. lhA
every suen celuhca.- .-al' "'"F n l.h In l'e'
Tue ihohlhl. uAie 'l thh .'Ntsl "l lMe h..'
Whlch II represents ann rr cohFtruh'e iht
IKE notes III any ''ne "iu''h FIX months ,DH
Tue MS. ia! y ~ month Z. '.S monthly "a
AFORESAID: HuI eN'-F eo'' '..'e h". iecoh
'ertei WIN. s.A Lynu.- .-oiu tAe "E,, my
Oh us moht..| u"'e' SHo' W. 'Nehah1eu '.'
Don" pa! 4''' a- "ht .h. ..' .Atr''''- 'l'l N
years iro" 'Ae eNnfAN'n +I .lt -iHi '.'
months ard AeAr."s ihtcr.-' aI the race ~ -.a
per ceh'. per thha"'' '''s.'! H''es' VIC, .vy"
Ivy the opt' ion NO 'ila ac' become lah"a" +
mo bonus "'Ar.a !''HF iAl'r l'ul
Ia HH