Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1864-02-29
AuJ'r AND INsP,R eNEs oYTIcE, |
RIcHxozD. VA, feb. 20, 1854. I


GcazoaD. VA, Feb. 20, 1854.
following Act of Congress pubshsd for the information
Az ACT Reduce he Orsacy and 70 AHthoise tssus
TAs Congress u as oosdeqts States Of Ansea do enact,
That Me holders o. a. treasury notes lhe dinoSinaon
day April eighteen and 1iyieur e.st Of he
ed and Hoa west Of ne Mississippi ID Iy y. 70 snd iae
same aad until TIE periods and Ut the holders Of
the our annum, payable on tbs ra
Sec g. cretay Of The Treasury Ia hereby suborzed 10
sae the bonds required for s isndng provided Tor in the
sue cefGcatss the purpose. Such bonds csd
Due. .s s a :as gov
four, except export and import duties. ---
hundred dollars bearing interest," which shall not present.
ed for funding under hs provisions Of the fs section o. act
sIiyour Of the Mississippi; RIVER and ns d.y ofJu y,
eighteen hundred and aIyfour west Of ne hisssspp nve
po presented at that time shall n addison 70 the Ok
Of this act be subject 70 YAK o. ten per per month until
presented which shall attach said notes wherever
ever for payment or for fardng said notes l
ezchangeab Tor the new Issue Of Treasury notes provided
Bee mat on all said Treasury used In
payment take. Al the dates and places In The frat
ryhree and onert cents for every dollar promised
Wherever circulated and shan he q. same
Al he Tressury s depositse and by collectors and
"a for payment or for funding payment Government
Dues postage In exchange for notes. heretofore
sseo Of s act until he r. day OF jan
aay eighteen hundred and sixty a. The rate and
Secretary q the Treasury at any time between the INST ofAphl
AND q: a q July, SseS nuDdfsa and west
ded and iy6ve 10 substitute and exchange treasury
e. ss s "a ne Of s:a
hundred dollars shall no. be entitled to me privilege Of said e1
treasury day January, ,sht.es
nItyfve, hereby taken away And proOded Further. That
the rst day Janua, eighteen hunared
which may not be eIesnssa or new en notes As herein
Sc That aser the frat day OF Aph mex. all authority here
Sss Jip a e Ike
Of Treasury may after that me- ssue treasury notes.
ia s as r. @ n aSs
10 be recevsbs paymen. Of al public cues except e1
- The rate Of two dollars
whether sod notes surrendered for exchange By the
visions and the holders Of the Of the
I sq hey are reduced q ak and sohras cent? on
dollar by the tar Aforesaid convert the same Into call
num- and payable years ratification treaty
peace with the United States unless sooner converted into
notes.
geo That pay the eIrene, Of the Government other
wise provided for The Sc rel ~ Of the Treasury hereby au
millions Of dollars lrncPal and interest where
of shall be from TAXATION and for the payment q the inter
laid the value Of all cotton tobacco and naval sores which
shall be exported from The States and the net pre-
be necessary g gay an.a. the Interest are hereby socially
hereby piecged shall hereafter be paid in specie 10 sterling
exchange, CT 10 the eoupOts o; laid bords.
om time 70 me as the wants treasury may qaire IT, to
sell ny Treasury notes raid bords any
S n nd M the e. aS %
the eireusonn Treasury notes within reasonable and sae
sec bonds authorised by the sixth section Of hi, &C.
be either regstefed coupon bonds the parties rkng
item may elect and they may exchanged under
regulations the Secretary Of the Treasury prescribe
hundred dollars and shall egeler win hs coupons thereto at
sched be In such form and o. such auhenesdon the Seere
s al yearly on he & Of Janaay and July IN each year
the principal shall be payable not lees than thirty nom
Sec o. All certificates la be fundsbe ,hai taxed
,S are spSnsss ~ seos he linz .es @
taxing the Treasury roes srch certificates shall from TIA; tine,
dollar promised upon their fste shall redeebe ony In
Treasury notes at hat rate but after the This
certificates shall be Issued until alter tie nst day April
Sec any deposit ban give depos tors the
bonds by the LIST section of this act In exchange for
their depests and cJ tie the bonds by DIS
,ocye marx token TO be agreed upon with the Secretary Ct
said bonds In Treasury caring interest
and outstanding the pastge " this PoUed said
bonds are presented privilege Of uucg said 1oles It
par snail csase. IS herein provided.
nation dollars continue receivable payment
u public dues provided BY law and undate at par under the
ed and eat, and until the Srs day q oessr eh
teen hsnd,sd and west 2, The Mississippi ,ys b.;
Onehd cents every doa, promised ON The face there .d
TAX @ new po. au
10 provided, subject N the deduction Of sad tax.
H. That any state holding treasury notes. received before
the line herein aIed for taxing notes. ,ha be allowed urt
the h day OF January eighteen hundred and fund
able years after date and the interest payable sesn
nusy But all reaury noses received BY any State aer the
been received Diminished BY the
mnaon between the notes subject 70 the tax and ho.e not 50
tAcae OF the Governor the shall In each be eoneue
a. The rate Of seven dollars nifty cents HUNDRED
shall longer be received la payment OF public
rate states BILE two years amer ratification Of treaty Of
~ the United States bearing the rate OF interest specified
on payable On the first dsy Ct January In each and
Sec L. Secretary Treasury hereby
que IT, to the dennd 81 any public creditor whose debt
may S as the q this S Wiling ,'ss
secretary In such form a. he may deem Two yeas
Interest the rate tx per cent per PAYABLE
semi annually and transferable only BY special endorsement IN
Treasury, said certificate shall be exempt from taxation in
Sec 5 The Secretary OF the Treasury TO Increase
the number deposition the requirements Of this
Act and with employ such OF the BANKS Of the several
Sea- L. Secretary Treasury shall advertise
This act N usn :. ina ny
sscrey Of War and the Secretary Of the Navy shall each
army and navy.
Sec IL ry-second section the assessment
and collection Of taxes approved May hs eighteen hundred
and sixty three, Is Hereby iepealsd.
rec IS The Secretary OF the Treasury hereby authorized
required upon the Application Of the holder Of call
By the FIRST ectono the act "o provide for the
funding further ue Of Treasury notes. approved March
eighteen hnnrcd sixty hree required 70
hereaer deemed be bond"to Issue tsueh holder
bon therefor upon the terms provided BY said act
Approved February II, 1861 by order.
(Sgned) 3. OOoPkk
fsa3-1v AdIt. and Insp. Gen..
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