New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-02-28
Tho Ways and Means Hiil.


The following is a copy of the Wayo md Means
bill. as agreed upon by the Committee of Confer
ence. and adopted, save the 9Th section:
Az ACT 70 provide Ways and Means for the support OF the
Be enacted by the Senate and House Of Repreen,ive'
ofhe United STATE. in Conges' s,somneo ns So
row from time to time, the credit OF the United sa'e
1ccedios three hundred millions o. dosTs 10Y 'ps
fsca yesr. and siN hundred millions ioI we neu
cal year aad Issue therefore COUPON or registered bonds
payable pleasure of the Government after sucn peoI
NAV be Fixed by the Secretary not less than ten nor more
than toTy yesr. from date in COIN ard Of such denofn
tons not less than go he may deem tIpeai,.n1,
per anpum, payable bonds not exceeding 100
annually, aud on all other bonds, semi-annusNy IN
s0en bonds at any tue. upon he deem
anv OF the eeacees indebtedness deposit that o,
sny time be unpaid, for Of the treasury note hereto
this act all the bonds and treasury notes or United
States issued under the provons Of this act shall be
ty Provided That there shs be outstanding Of bonds
ny notes AID Uni ed States notes. at time is'ued under
the provisions OF this act no greater amount altogether than
/ the sum Of $9OOOOo.COo.
sEC And be further enacted That the Secretary Of
the Treasury he and he hereby authorized 70 issue the
credit United States four hundred million. of dollar.
in Treasury Notes payable ut the pleasure Of the United
States such time times not exceeding three year
FROM date be found most beneficial TO tAs pubic In
.eTest and bearing interest at rate not exceeding
Of said Treasury Notes aud the interest tho 'ed Treasury
Notes. and on csrhcseS Of Indebtedness" and deposit
]
ury Notes thus issued shall be Of such denominations tie
Secretary direct not less than TO- aud may be disposed
OF the that be obtained may be paid
creditor of the United States wiling to receive the 'sue at
par and sad Treasury notes nay Dc made legal tender to
the United States notes for their value
excluding interest they nay be made eIchangeabe under
regla prescribed by The Secretary Of the Treasury by
ton, at the Office o. any Assistant Treasurer Geposa
designsd r hst purpose for United States notes egua IN
WITH the Interest accrued and duo thereon at The date in.
eie payment mex peeeding snsh efeanse aud IN lieu Of
deemed, paid at maturity the Secretary may i''ue
equal amount other Treasury and the Treasury
SO -ed redeemed paid shall be Cancelled and do
md mr. n, %. sxr5sIes OF n.ted st, notes for Trcs.s
~ notes when LEG ied above provided The Secretary
shall have power United States notes to the
exchange bat no as. Of the United States notes
by section SHAH &c sued for applied to any Other pu
pose than said exchanges and whepevsr amount shall
soon practicable from the 'ae oil Treasury notes for
SIC D And DO /, further enacted That the Secretary
the Treasury be- and he hereby authorized required by
s ad navy and other cr.dors Of the to
issue on credit OF tie United States tie Of 50
E.ctoors suthored by The Joint sc.ouiop approved
airy H. 1908 ia such form as be may deem e1peden not
bearing in'eles PAYABLE to bearer and Of such denom'
nations not ess than one dollar AZ lie rasy preicrbe
which notes issued shall be lawful money aud legal ten
der in payment OF ell debts public and private within tho
United States except for duties ON imports and Interest
the public aab and Of the 'ad notes when returned to
tAe .a,ury be Ieis.ued from time 10 time the ext
geDces Of the public terVce may require And In lieu Of
fsd Lo'ts any other United states notes returned
the Treasury snd Cancelled or destroyed there my be
issped equ. OF United States notes. such
suhoI1ei b. thi, act and 20 much Of the sct 70 au
horya tho issue United States notes and for other
rurposc approved Feb rs 1862 Of the to authorize
an aJdtona Of United sies ard for other pu
roses approved July H. leoS ost lets the negotiation oil
bonds to marked value b hereby repealed And tho holders
OF o. s. notes under AID by vif,uo az said
present for the pupoe Of exchanging the
ront. az therein provided before st DAY Of Ju
1865 aud thereafter the right to exchange the shall
SEo Aud be !. further enacted Tia, In lieu Of pot,,gs
and stamp. for fractional currency aud Of fractional
.ued the Secretary the Treasury may fractional
Of like amounts IN such form a. lie deem eIpeden
and may provide for tho engraving preparation. and sue
thereof In the Treasury Depstment bnidng And ell .u.
notes i.sued shall be eIehangeaoe BY the Assnt Tesnr
ers and designated depossres for United States poos IN
sum, less thsa 49, and shall he receivable for postage and
ttsnp and also In payment Of any dues to the
shall be redeemed prssen the Trossny Of .he
United State Ia such aud under sneh acquisitions The
Secretary Of he Treasury shs prescribe; Provided Tia.
the whole Of lfsctiona currency Issued including
postage and revenue dans 'aed s' currency shsi pVt
coed t5O,O0l,OOO
SEC s. And be II further enacted That the Secretary
OF tie TIeGniy hereby authorized to receive deposit,
& e9ea OF of ~. Trnd sac. IN .nr not a set,
: 20, aud TO isue certificates therefor IN d.nonina.
Atone Of The Unod States nos rae g so s shS
bullion deposited for or representing the Certificates o. de-
hall ne Tcsined Ia the Treasury the pay Inent Il N.
demand Ard certificates represonns coin in lilo
treasury may be Issued Ia payment Of uttTe, on the pub
dsb which coIfeacs together with those Issued for oin
AID bullion depoed sh6ll not 81 any tine exceed % ger
beyoui amount Of coin ard bullion il .he res.
ury a be received 1t per in payment for duties Imports
SEc And 10 II further enacted That the coupon or
registered bonds ueny notes and United States notes
authorized by this az shall be in such form the Secretary
OF e treasury direct and t4 have printed upon them
.nch daemsts showing the uoun, Of sccrlei accTur
Interest the character Of tue notes sn The penalties pun
OF the treasury may perI5e and shall bear the written
ens'od So,usos u he Treesore Of the United ate AID
ruc, Tie Imprint Of copy Of the seal Of the Treasury De-
non which imprint shall be made, under the direction
. 90 I'D. 10. "a. .f.H l.
received rom the eDgavers and before they issued
ne said rot.s aud bonds shan be signed by tic
ueh P-Isous NAY be ape y appointed by tie Secretary
Of the Treasury for That purpose AM shall be counersaed
the Secretary Of tho Treasury may specially
point for that p0pose And al the provisions OF the act
approved the Esd DAY Of December 1881 Gar they
applied TO tbs act, and not Inconsistent therowith
SIC g. And be e. further enacted That oh bank. euocls
IONS corporations indiv :uals issune r3es bills 10.
per centcn each half year from ord tncr AITii
1863, upon, the average amount Of eircula ion Of
mount hosinsiter nsoednat is say, banks Citations
orporeioos individuals having capital Of not over
ver $1,000 eighty ceotUm thefsof $40 600 aud
10, over S3COo0 seventy per eeuto thereof over $4,000
.ad not 100000 hny per cen,um thereof over
icooooO and not over 81 5O % forty per tereof
over = 900 oGS per centura thsr, In tho
80 backs with br,uches tho duty herein provided for
upon TIE ciTcI4alOn Oi the hoirs ~ s .!
yanchs teses.y and not upon the aggregate cifco!s-
- e ana iAe amount Of csp al Of each breach shan 20
- -, rfovlded That oue-hsH Of Per csHtum each
nom snS after April fret eighteen Lund ed and
b1ay,d uL, To fist day of April thDussRd eight
Nil y.hve, upon the average amount Of
,,.ccSin ichoy during the nex xix months next
, ne return hereinafter provided for and on a. a
nJ 's' Gay oil Apiii one thousand eglt hundred
.ld ys .eea. on ..d average amount And ali banas
-, ,. w 3retont aul in1ieisuais i.snne Or TO-
80 ~ .U, "a us I"I cculoon ouueucy after Anil
w. m s9s .eae.enti1e any fractional psI Of Gosr h