The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1864-02-23

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new iesne 0f Notea AsA Binds.
Tae Cssgsa Y as Cb9feievate Msts II Aw1ted
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tNsnsest, a,all bs allowed until The drse day Of
April eighteen hundred and sixty four, east Of the
MiaisaiSpl slsers ard uatil tho ntst day Of July,
sssa ssefsa osc ~ ~ a = ~ n
riuds and at The places stated the lsatdcsB Of oil
ssch Treasury notes shall be allowed % find the
same in registered bcndss payahte twenty years a.
ter their DATE bearing interes at the rate Of 0nY
per cent. per annum, payable On the first day Of
January and July Of each year
Sec i. The Secretary Of. the Treasury IL hereby
auho 70 issue the bonds required for the fund
Ing provided for In the preceding section, and until
the bonds can be prepared he may issue certificates
N answer the purpose. Such bonds aud certificates
shalt be receivable without interest in payment OF
all Government dues payable In the year eighteen
hundred and sixty four, except export and import
duties.
See. 8 That all Treasury notes Of the deaomi-
nation Of cue hundred dollars not hearing inter-
est w,ich shall not be presented for funding under
the provsiUns Of the first seciion Of this act SHALL
from and after the LIST day Of April, 1864, east OF
the Mississippi river, and the lat day Of July 1864,
west Of the MisxissiPpi river, cease to be recctv-
able in the payment Of public dues, and said notes,
II not 60 presented al that time, SHALL In addition
tn the tax Of thirty three and one third cents I'm
posed In the fourth section Of this act be subject to
q tax Of ten per cent pr moath until SO presented,
which taxes shall attach tn said notes wherever
circulated and shall be deducted from the face Of
said notes whenever presented for payment or for
funding, and said notes shall not be exchangeable
for the new issue of Treasury notes provided for In
this act.
See L. That on all said Treasury notes not fund
ed ar used In payment Of taxes at the dates and
places prescribed In thu: first section OIL this act,
there shall be levied at said dates and places tax
OF thirty three and third cents for every dollar
promised ON the face Of said notes; said tax shall
attach 10 said notes wherever circulated, and shall
be collected by deduc,ing the same at tue TIeasu
~, its Repositories, and by the tax collectors, and by
ali Government officers receiving the saine, when
ever presented for payment, or for funding, or in
payment Of Government dues, or for postage, or In
exchange for new notes as hereinafter provided
aud said Treasury notes shall be sundabie IN bonds
as provided in the first section Of this act until the
first day Of January, eighteen huadred and sixty
Ave. at the rate Of sixtysix and two trd cents on
the dollar. And II shall be the duty Of the Secre-
tary of the Treasury at amy time between the first
of April, east, and the first Of July, eighteen hun
dred and sixty -four. west Of the Mississippi river,
and the first of January, eighteen hundred and
sixty five, to substitute and exchange new irca
oufy notes Iof tue sdufc, dt uo ia1 VI pa ais"
twOthird CENTS on the aos'af, "oesafA tlas hutes
OF the denomination Oh one huh.fea Quilts si'aii
not be entitled 10 the pfiviieee Vi saIu cAcnsuge
provided, turths, tha. e el't :" una oy W s.iu
treasury notes aitef hfst aay y. .anuuy, elku.een
hundred and sixty five, Is hereby taken away; and,
prcuaded further, tnat upon an sucn ueasuy hotes
which may remain outstanding on the first day OF
January, eighteen hundred ana sixty hve, and
which may not De exchaneed lol new treasury
notes as herein pIoVIaeu, "A vi o"e Aae"fes1 per
cent. Is hereby imposed
Sec.s5. That aHef tne h!st Coy " AptIi next al
authority HERETOFORE gwen " Tue secretary oi tne
Treasury to Issue treasury notes sIIail oe anu Is
hereby, revoked ffooaoed, Tue secretary OF ths
Treasury may, after that tiile, issue new treasury
notes, in s,ich forms as ne NAY Psescfioe, payaDie
two years after the fatshcainn OF treaty OF peace
with the United states, SAID new issues TO be re
cevable In payment OF All pepiic aass except OK
port and Import duties, and 70 ne issueu IN eA-
change for Old notes u. tna fase "i TWO a"ais OF
the rev tor three aoiiafS o' c o'u ISSUES, "nelhef
said old notes pc saifehueiea LOT esehahse by ,he
holders thereof or os receisea ih.o ,ae treasury
under the provisions o. ms act' ana Tue hosders
Of the new notes OF o. the nots eAeepI those o!
the denominauen oi one nunaiea aohals, ater
they are Iedacec 70 SHY st una Two .ifas cents
on the dollar Dy inc Lax Aforesaid, may CONVEX!
the same into cait ceIihcates ueaiias interest AT
two years alter the iauneatioh VI treaty % peace
with the United states, unless sooner converted
into ney notes.
Sec. q. Ihat to pay tne expenses oi ihe Govefn-
ment not Otherwise PROVIDED tof, tHe oecfttary VI
the Treasury Is hcreoy auMoflzea 10 Issue SIX
per cent bonds, to an amount not exceeding hve
hundred millions OF doiafs, tIe principal ana IN