Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1864-03-18
The NatIonaI Currency.


The bill rem0deling the National Chr.
rency Act, Asrap dFted on Monday from the
Committee of Ways and Means, by Repre-.
sentative Hooper, of Massachusetts. 6xes
the term Of Office at Eve years ofthe Comp.
troller OF the jOhrrency. Associations for
banking may be formed by not less than
i've persons. Que hundred thousand dol.
lars is the minimum limit of capital. and
two hundred thousand dollars 10 cfties of :.
population OF $4,000. Banks are empower.
ed to discount and negotiate promissory
notes, checks, and other evidences of debt.
70 receive deposits; buy audSsell coin and
bullion, loan money, aud circulate notes.
Increase of capital Is allowed, the mari
mum 70 De delerminedsby the Comptroller;
ana the capital may be reduced by two
tnlEos vote OF the stockholders. Fifty per
cent sc Y! 20 st De paid in before commenciug
business, aud United States registered
oonds, bearing interest, shall be transfer
red TO the United States Treasurer to mt
less than one third Of the amount of can't.
tal stock paid t9i bnl in no case less than
S3O'00Q. On delivery of such bonds 10
tue United States Treasurer, banks ara
entitled 10 receive notes to the amount
OF 10 per cent of current market yalne
Of Circulation is limited to 5000 0nrI
600; the total liabilities Of any indivii.
uaI or company shall at no time eYcee5
one-tentn OF thec pital stock paid in. bni.
bona fdez 6ills of. exchange dawn a0ainst
actually existing values are not REGARDED
as money borrowed ThesrGte Of Interest
h1ed Is . percent which may be taken in
ADVANCE, and the Iaking OF, 4 higher rae
s - |, l9Eselt the entire interest. Banks 10
81. Lo1ts, Louisville, Chicago, New Or.
I - OlnelnnattJ Baltimore, PHILADELPHIA.
:59st9E, New York and Sapy EfSncisco'
shalihaSe finland al least Is bef CENT ~
the aggregate amount of eirenIstion 90 n
deposits. All Others 5.pet csbt W5sS
lower In fnnds, no discounts. OF loans a.,
'ne made, or mike dIyidends OF profftS nStii
tne amount Is restored. Each bank shalI
seleet an association in one of the priuci-
pal cities 10 redeem its uotes at 64Sf.iTrs!
tore declaring dividends, Que. tenth mari n
the PROFITS must be carried 10 {, sprplns
tundf unhhtt shall amount 10 tvantyt ~
cent. Of the capital stock. No bank sbSll
make loan or discount on seenFity II 10
Own snates5of capital, or purchase such
.saeses unless necessary to prevent ioss
upon debt previously contracted, aud
STOCK SO purchased must be sold within
OK months. All associations under ttfs
act, .Rhen designated by the Secre,ary az
!! treasury, may be depositaries OF rub
nc Monies excepting receipts from Gus
toms. - 80 ss' - SO - 2
Rebel DsssEtsrs ana Rsfaesr,.5..
2 RoRIRssURa. Wv.
s.zs,s s.sll March II, 1864.
hettt0rs AnteLElgeAeess ez9Ih
Rebel 1deseEteta aud Refugees are s,I,,
coming IN. About thirty came. fn 5 duFtos
February and gave themselves IN: sevsS
came IN to-day, About fifty have come r
% ms post since Janhary lst.. FbevS ali
ee sill ne g same tale: ProyiSIoas high aS
ssaree the people Dissatisfied aud ths, -
eellion nearly played out Thirteen tbSt
came p =. Y last month in one SQUAD elieitej
our synpsShies. They crossed The NOM
tains IN that. cold spell6f tVeafhe - s ma
trele their teet'so bad that their ~. S 81.
came on This saw myself. T6ey Esrs
two. weeks in getting around The Isbei |
pieketss They say that hundreds EilI |
leave as 4oon. 4s they can Theys tb;,sissI
Lee Hilhmake another raid n0rtis tbat n n |
of bic arny WIN desert. Thew hSSs 5 ~
littleot M t1hnsy with them. go
work teySisYs Get ffu1lsIf Is Is Il. tSsn,
70 wheeling or other poiata,a 80 WsHss-,i
ssFrg7sa - o2G
sfScsH