The daily Chattanooga rebel. [volume] (Griffin, Ga.) 1864-1865, 1864-07-04

eighteen hundred and SlNtY-thrce, shall not be
construed to apply to the office ofState Collector.
Approved February II, lSGL
Guar. LXIr.--AL Act to reduce the currency and
to authorize a new issue Of notes and bonds
The Congress orthe Confederate States of Amer.
lea do enact That the holders Of all treasury
notes above the denomination Of five dollars, not
bcarug interest shall be allowed until the first
day Of April eighteen hundred and sixty four.
cast of the Mississippi river, and until the first day
of July, eighteen hundred and siyty.iOur, west Of
the Mississippi river to fund the same; and until
the pcriods and at the places stated the holders
Of all such treasury notes shall be allowed to fund
the same in registered bonds, payable twenty
years after their date bearing interest at the rate
of four per cent per annum, payable on the first
day OiJanuary and July Of each year.
SIC .. The Secretary of the Treasury is here
by authorized to issue the bonds required for the
funding provided for in the preceding section, and
until the bonds can be prepared, lie may issue Ger
thcutes 10 answer the purpose. Such bonds and
certificates shall be receivable without interest in
payment of all Government dues payable in the
year eighteen hundred and slXty-iOur except OK
port and import duties
SIC g. That all treasury notes Of the dcnomiua-
ton of one hundred dollars, not bearing interest,
which shall not be presented for funding under the
provisions of the first section of this act, shall,
from and after the first day of April, eighteen
hundred and sixty.four, east of the Mississippi
river and the first day of July, eighteen hundred
and sytv-four, west Of the Mississippi river cease
Ia he rcceivablcin the payment Of public dues and
s,id notes ifnot so presented at that time shall,
i'm addition to the tax of thirty-three and Ouc.thrd
ccnts imposed in the fourth section of this act,
be subject to tax ttcu per cent. per month until
,o presented which taxes shall attach to said
notes wherever circulated, aud shall be deducted
from the face of said notes whenever presented
for paymcut or for funding, and said notes shall
mot he cychaugeable for the new issue OttrCasury
notes provided for in this act.
SEC 4. That on all said treasury notes not funded
or used in payment Of taxes at the dates aud plA-
rry prescrbcdn the first section of this act there
Shah be levied at said dates and places a tax Of
thirtv-three and ong-thrd cents for every dollar
pronised on the face of said notes. Said tax shall
attach to said notes wherever circulated, and shall
he collected bv dcducting the same at the Trcasu-
ry ITS depositorics aud by the tax collectors and
by all Government officers receiving the same,
whenever presented for payment, or for funding,
or i'm pavmCnt of Government dues, or for postage,
or i'm exchange for new notes, hereinafter pro-
vidcd aud said treasury notes shall be iundable
i'm bonds as provided i'm the first section Of this
act. until the first day Of January, eighteen hun
drcd aud sNty-fvc at the rate OF siXty-siX aud
ryO.third cents on the dollar. And it shall be the
duty of the Secretary of the Treasury at any time
between the first Of April, east, and the first July,
eighteen hundred and sIyty-our, west Of the Mis-
sissippi river and the first Of January, eighteen
hundred and sixty-hve, to substitute and exchange
new treasury notes for the same, at the rate Of
sirtv-six aud two-third cents on the dollar Pro.
vided. That notes Of the denomination Of one