The New York herald., 1863-02-07

III become due and under Bucn rules
b. prescribed oy the Secretary OF ts Treasury, 70 or
change same with the accrued interest thereon, at
the easary Of tho United states or at the once OF any
Assistant Treasurer dcpositlry designated for the pur
nose or an equal amonnt ot legal tender notes BIT no
lining ia this section shall be construed TO authorize any
additional u legal tender notes and hlu b. legal
L,d.y al hs,r fare ne excluding intercs 10 >
Irn as Uutted notes And such Treasury ties may
n. used by the sec retary OF the Treasury their par
value ment OF the lawful creditors OF the United
States who may DO willing 10 receive the same and shall
be received at their par value payment for any bonds
that may be hereafter negotiated by the Secretary OF the
Treasury who shall also all any such negotiations
and pay In coin any interest which may have accumu
lated thereon and anu Here accrued said notes shall
be oompntd ,n such receipts and pdy 1s part Of me
par thereof And tho Secretary o the Treas Try may
from time 10 time as the oxgencies OF tho public service
may require, lreissue any amount OF Treasury notes
heron authorized, equal to the redeemed. There
shall be printed on the back Of the Treasury which
may issued under the this the
OF interest which will have accumulated at the end Of
each three mouths from the date thereof and words i'm
porting that said legal tender in payment Of
internal duties and all Debts and demands due TO the
United States except duties imports and are recev
able for all loans made to the United Statosl and in lea
Of any Treasury notes received in payment ohr0ise
deemed and cancelled destroyed issue an egual amount
Of other Tfsasurg notes.
the Treasury be, and he hereby authorized n require
by the exigenciss Of the public SERVICE for the pay
ment OF the army and navy and other creditors Of the
government TO issue the credit OF United states
tho sum OF (thrcel one hundred ffty millions OF
dollars Of United States notes. Including the amount Of
sich notes heretofore authorized by the JOINT reso-
luton approved January sepe1teen, eighteen hundred
and s'zty-h,ee in such form he may deem oxpo.
dent bearing interest payable bearer and of such
denominations not less than dollar he may pre-
scribe which notes issued shall be lawful money
legal tender In payment Of all debts public and private
within the United States duties imports
and interest the public debt aud any the notes.
when returned TO the Treasury may be ressued from
time TO time rs the exigencies OF the public may
require And m lieu 0 any Of sad notes, or any other
United States notes rdurnei 70 the Treasury, cancelled
" a no a sse a. ae a iuu5 ~ az m oa %
Of The act 70 authorize the ~ Of Unsted Staes noes and
for cAer rpuPos., apmoUed February twenty-five, eahksn
hundred and sssy-t,oo and Of s act 10 auhose addi-
tiona ise Of United Slater notes. and for otr purJoses,
approved July eieUen eighteen hundred and srtytpo
resricts the negotiation Of bonds mdrket rdiue is hereby
repealed And the holders Of United stat, o. ,sed u
der and BY urte Of sad acts, shall present the for
ne purpose Of exchanging e same for bonds, a. eren pro
vided tefOre the first day VI July eighteen hundred
and cty three, and thereafter the night exchange the
shaH cease and deermine.
SEC. a. And bS further enacted, That in lieu OF postage
and stamps for fractional currency and for lrac
tiona notes commonly called postage currency issued
TO be issued the Secretary OF the Treasury may
fractional notes Of like amounts such form he may
deem expcdent and may provide for the engraving
paration and Issue thereof the Treasury Department
building And all such notes issued shall be exchange
able by the Treasurer Assistant Troasurers and desig
mated deposares fo postage and revenue stamps for
United Staf notes less shau three dollars,
and shall be recoverable for postage and stamps and
also in payment OF any dues TO the United States less
than nye dollars except duties on imports and shall bo
redeemed presentation the Treasury Of the United
States in such and under such regulations as the
Secretary OF the Treasury shall prescribe and shall be
exchangeabe the Office OF the Treasurer Of the United
State OF any Assistant Treasurer designated depo
stary for United states notes Of equal amount Pro
issued, including and postage stamps issued as
currency. shall not exceed nifty millions Of dolisrsl.
tary Of the Treasury IS hereby authorized to re.
ceive deposits OF gold coin and bullion with tho
Treasurer or any Assistant Treasurer OF tho
United States IN not less than twenty dollars,
and. certificates therefor denominations Of
less than twenty dollars each corresponding with the
denominations Of tho United States The and
bullion depOSed tho certificates
deposit sha be retained In tho Treasury for tho payment
Of the same on demand And certificates representing
the public debt, which certificates together with those
issued for coin and bullion deposited, shall not at any
bullion In the Treasury and the certificates for
coin bullion in tho Treasury shall be received ut par In
pay ment for duties on imports.
SIC. 9. And BE- Il further endcd That the coupon or
registered bonds Treasury notes and United states notes
authorized by this act shall be in such form the secre
OF the Treasury direct and shd hdpe printed
upon hcns sch ate0cns shoDin0 e ass0un Of Gccr1id
accrtn9 interest, the character Of the noes and ne
penalties ptinhet for Altering counter fsa9 them
the Secretary Of the Teasvry may Erescritc, and shall
boar tho written engraved signatures al tho Treasurer
and also, evidence OF lawful issue, the imprint of
copy Of the sea OF tho Treasury Department which i'm
print shall be made under tho direction Of tho Secretary,
the said notes bonds shah be received from the
engravcrs and before they issued the notes
bonds shall be signed BY tho Treasurer tho United
States for tho Treasurer BY such persons may be
specially appointed by the Secretary of Treasury FOR
that purpose and shall be counsersgned by the
d the Treasury, or for the Register By such persons AZ
tho Secretary OF the Treasury specially appoint for
that purpose. And all the provisions Of the entitled
An Act TO authorize tho Issue OF Treasury notes ap
proved the twentythrd day Of December eighteen hun
dred fifty seven, far they be applied to
act and not Inconsistent herewith hereby revived
and re enacted.
Isxc And b. Il futAey endcte That on and after the
rst day of March eighteen hundred and sixty three the
coupons all bonds and Treasury notes Of tho United
States heretofore issued and which may be issued under
and by Of this act sha nj any tmo within thirty
days before they bee me respectively due and at aoy
time they become due, be receivable for customs
com under such regulations the Secretary Of the Trea
sury shall prescribe
SIC s. And Is ii further enacted That all banks, as
socations, corporation or individuals issuing notes
bills for circulation as currency, shall be sub
jsct 10 and pay duty o. one per centum
hundred and sixty three upon the average amount % cr
cuatlou OF notes bills las currency issued beyond the
amount nlmsdthat Is To say banks associa
tons cOrprat ludiy yifuas having capital ~
over hundred thousand dollars, ninety
thereof over one hsndrod thousand oyor two hun
dred thousand dollars eighty per centuin thereof
hundred thousand and not over three hundred houud
dollars seventy per centum thereof over thfoc hundred
thousand and five hundred thousand dollars sixty
per thereof Ave hundred tho slnd aud
over million of dollars nifty per centam thereof
mill and not million and half Of dollars,
forty ccniun eoi over one million and La ard
millions Of dollars thirty centum there
Of over two millions of dollars tWruty-ngc rer ecutum
thereof In the Of banks With branches the duty
provided for shall bc imposed upon the circulation
the note or bills % such branches soycray and not
ufon the aggregate circulation - all ard the amount ~
capital of each branch shall be considered TO be the
amount allotted used by such branc ,af and out.
and,ag ing The air moihs preeedtn0h rrur here
MATER proatef fsr Pr0udd, That And all banks, as
socations er corporations and Individuals ia9uing
ssurg nofns bills for circulation currency after
April nrst ghteen hundred ami sixty three.
proscLtng any fractional part u dollar sha be sub ect
10 and pay duty Of i've per centum each hf year there
upon the amount of such fractional notes ~ bills
issued. And list shAl be made and rendered
within thirty days after the first day q October eighteen
hundred and axty three and each six months thereafter
10 the Comm OF Internal Rev whr shall
tan true snd faithful account of the auoant " duties
accrued which should the ig amount oi the
frs note circulation aud the amount of
ali other circulation tor tho ak noahs preceding,
fas aforesaid during the time when such ite remain
unaecouned ior AID there shall be- annexed u every
such list rsturn declaration, under oath aLrua
ton mads IN form and shall b. prescribed
by the Commissioner u Internal Revenue of the pres
den, or s1fne other proper ohcar Of sai brink
tiop oorpratIon, " individual respectively that the
same true and faithful account ol the duties
which have accrued, Or which should accrue, ani
counted or and for any default the delivery o such
lt or return with such declaration annepei the bsDk
a. AsocatUn corlorstoa, o. lndivdg making sgcb deiaat
sh,l forfeit psGaity, the of lye hundred dollars
And such bank association, c0rpt~aton or lndly dual
shall 4tan rendering the st % Tetgrn Aforesaid pay
~ Irs.. -