The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-01-27

himself 70 a. " ncisds Ne seek tax sseeu OF sne or
YAssAGB or yrRlssE mL
The bill, 40 amsndad by the committee. was oraSed 70
BE- sngrossed for The third reading and passed without
The bill as passed 3 as foIlows;-
BILL 70 rsoviDx vAys AND MANS ron r.s su'FoAs "
2. sssd " a. sss.. Es..s y ON
S:' s.ss..; & <: ::.s;s &C. saa he hereby
% borrow from time se on the credit q the
Of dollars for the nscal and six hunarsd mil
rssspsd nss
e sS a in com and Or sn
bearing interes, exceeding six centam Per
dsceop spess Of saeS Bonds al any time upon such
Ter as he deem for 81
may a. any time be unpaid or for any Of The notes
@ Or AND al a aa
issued under the provisions of this shall be exempt from
shall be outstanding or bonds Treasury United
act no greater altogether than the sum Of nine hun
srcrloS Ind BE- further enacted That the Secretary
ns ressy se and y hereby Y issue on e
Treasury bearing interest rate exceeding
six per cehtum per apnun. ale semannuaiy in coin,
date al he treasury Of the United States and Of such demo
srs each; and such notes shall be FOR internal
dae, and all debts and demands due to the United states
s sys Ss n r ns an shall s11 S % ey @ @
.s
nor ne sr 4. S. a be- Of
sfaed to authorize any notes
and such Treasury notes may be used by the Secretary Of
fai esdors o. the Jnsa States who b Wiling
E o
many have have and dc Secretary The
p1S as hs 81 sns
notes herein suhoraed equal C the Smo~n. redeemed
which ma, bel Issued under the provisions Of this
ss aS ss s ss q n
and are Tor all
1Ss s "a if'1s
q ~ an: sn aS he FOR as
iofs q lhe s0yernmen to issue ne credit Of the
States s 1 - be deem ssp
scrbe which issued shall be lawful money
Il s
5 S nnS n % hs % Ss
as the sIssnoss 9f is pa6ss service %ay rsquTs -
,ona note. commonly called postage currency issued
tonai notes amounts such form As he may deem
as hs
an such notes issued shall b exchanged By the Tsasu
postage and revenue stamps in not less than three dol
shall redeemed, presentation the Treasury the
S oa: s aass:
hs
mated deposta for United States notes Of equivalent
currency issued including Postage aud Revenue stamps
as s rHs. se
the Is hereby receive deposits gold
the United States In not less than twenty
lars and issue certificates therefor in q
denominations OF the United States notes The coin and
Spoe be retained lie treasury FOR payment
the demand and certifcates representing coin
pubic bic debt Which tesher with those issued
for mo. 81 q s
In the Treasury and The certificates for coin bullion in the
Authorized BY this act shall such form as the ecre
% A
Of ss bs
az ns Ss &
ssd and bonds shall b signed the Treasurer The
p the 6 The Treasury
the Treasury the Register BY such persons
rotary Of the Treasury specially .ppSnt for th.i
hoze the Issue sS Of Treasury . r0 the M day
not hsTe~ " red and
SECTION lind ts further Enacted That on and after the
Of March scs the coupon. on all bonds and TressG
time within thirty days before they come re.psstSey due
toms such regulations as the Secretary Of the
sScTios smnd he Iyrther enacted That all banks asso-
cations corporations or indviduss issuing notes or bins
Of one per ccntum each half year from after April 1858
upon me average amount q circulation Of note.
named tina, banks, associations corporations
nsv pe cent e
ssoocoo seventy per cent thereof; over $4,000 and not
over 100000 MY per thereof over
e o FER Gsn' oyer So oSS an
per- cent thereof In the ense Of banks with 5sncIe:
Of se or bills such s
s shs !. s and ss
allotted or used by such branch Provided that all banks
issuing notes or bills circulation currency alter April
10 sums ms repessns any If Es part o. do,
sf year thereafter upon ne amount o. such fractional
aHa rendered thirty days after he Isl day Of o 1o
Der, 1863 and each six months thereafter The
faithful account Of The AMOUNT Of duties accrued which
circulation and on the average amount Of all other
circulation ioi me 81, months next preceding
for Aud there shat be annesed 70 every such list return
and as stall be by The o
Internal Revenue the President other proper
respectively that NE same contains true faithful &C
% e o nave sS o Or E aons
livery such list with such declaration
1
defmt shall ioffeit penalty. the sum o. $500 And
such bank, association. oraiou individual shall upon
rendcrng the s or return. aforesaid, to pay The
duties aforesaid for the pace Of thirty days after the
time when lsi should have been made orendered
when said duties shal have become due able the
assessment ant collection shall BE- made according
general provisions prescribed In entitled
pro internal revenue TO support the government and 10
pay ntcrest a.. pub IL debt" approved July l. 1894
| Srrro@ ai,dbs II Jhaer mated Thai the provisions
OF the emitted IAN net q provide for the better
aton o. the teasary and for the collection, safe keeping
transfer and disbursement OF the pub &c revenues approved
August g. 49, I've. aud the same hereby far mod fec
4 A
ton To allow money obtained from loans
Of the TreasUrr Of the United States upon dcposltn,
bonds Treasury not less than sch deposits
lively, security for the payment thereof and IRON time
20 time the Secretary OF the Treasury such deposits
for unsisr the treasury authorized deposo
fies.
Sgcrtox l0--SHd u fulsr epac,cd That in order Il
proven and punish counterteuns fraudulent atern
tons bonds and fractional
be issued by this all the provisions Of the and
enth sections Of the entitled IAN ID,
issue United States and for the REDEEM plIon o
funding thereof and for funding the floating debt of ID,
United SAFES approved February IS 1862 shall so far n
applicable apply bonds aud CURRENCY
hereby authorized TO e issued like saie
sth and seventh sections hereby adopted addona
sections OF this and the provisions ana penalties
sixth seventh Secons shalt extend apliy To al
on oil