The southern enterprise. [volume] (Greenville, S.C.) 1854-1870, 1864-03-17
sSnopsis Of Funding sshens. Of Cqpreroy
1fli ~ 70 States East Of the 1eississippi'
rox-rrrsprsr RrA ptNo ElOO Nofr&


NoN.mTEaEsr sEARlNo 800 Sorr&
Receivable tor public asss before April
4, 1854, at par from and after April L..
1854, not receivable at all, but ..-...
= yuNpABfE IN rouR PrR CENT. BoSps
Before 10. April, 1864. at psr.
From first to last day Of April, Inc, at 663
From first to last day Of May. inc. at 663
From frat to last day OF June, inc.. at 4sa
FtDm first to last day Of July. .ine.' at SEA
From first to lsst.dsy Of August, inc, at 20
Rrep first 10 last day Of sspt'r. inc., at ;s5
swsytswsy Symv6shs.,si ss$sx, oct, mo, ~ %
y ;kny, non Interest bearing 500 notes hsfd
oh. thd lst January, fS63. are taxed 100 per
cent, thgs Destroying every vest'se or
valae. :. ..--s..sE -. -, ~, .. :.
8. Isrr.s,r ss4srse on !. 80 sloo sosEs {.
- Had from passage Of Act as bopds and
ltlwrefsre, nov .dothing bat coayenient
$50, Sac Axp $40 worss,
Receivable for publioaaes'befossApfii l.
Receivable for public dues from and after
lat April, at. 663
sExehaneeabls for new treasury notes
from and after'frs. Of April, "t ss old OF
Fuudable in four per cent. bonds before
April /. 1854. 4.satpsr.
/ - Fua da BILE in four per, cent. bonds from
and affer April until Jsnuary. 1855, at G6
CaaSertiBle to5oall Certificates from and
after April let Mt 683.'
tersst, and paysblstvo years otter peace
N5 xoTIs.
Receivable and fundable at par until Isl
July, 1864; from apd after July !, 1864
reduce d in valae at the rate Of $3 OF ole
| to a of new, aud 90 receivable for dues
fundablei in per cert bonds; exchanged
1'ble for new Treasury notes, and converti
| bie to 4'pet cent. call-certifcates.
? - 81, Si-kSp SO CENTS NOTES.
There is no reference TO these notes II
the bill, aud IL is presumed, therefore, tina
they will continue to pass at par.
| OLD TREASURY NOTES nELD YASY STATE.
Any State holding Treasury notes re
ceiSed before the time appointed for the re
duction Of the value OF old notes, are allow
Iej until lst January, 1895, to fund the sam
ia & per cent bonds, payable in went.
years. Notes received after the time 10
reducing valGS of old notes, shall be dimin
ished in value AZ the rate OF 50 to Sa.
uSrAxABIE BONDS, $500, 100000.
The secretary is authorized TO issue.
| per cent bonds, not exceeding in amour
$500, ,0UO,O 600. These bonds 70 be bolu IN
hypotheratef for Treasury notes, as tn
wants-of the Treasury may require, to
~; se RGlh .. 70 prinSig@l 40
export duties are pledged fsr-pay yment Z
interest, principal payable not less tim
thirty years FROM gate. Import duti'
now. laid, payable, iu specie. sterling e;
change or in coupons Of tho untaSnbl
bonds.
GALL cERTiricArEs, BASED or OLD NOTES,
Are fuudabie and taxed to reduction
value Of IS to 81, like tic Treasury not.
into which they are convertible and
held as certificates. then interest sinks
same rate of So to $2, or they may be e,
changed for,new Treasury notes at that rat
&c. 10, BASEs ALIowEp TO PAY BEPonroRs l
A FER CESr. BtSDs.
This provision contemplate the hahl
paying depositors in d per cent. bond
which, If presented TO the Treasurer by tn
oyer before the time &hen the privil~p
Of funding the notes shall oease, then the
sialf be paid at the par value in non-in
est bearing {oldl nOteL n. B.-This 30
ti6n is not understoOd by the writer, on
10 entirely delusivs-throws q sop TO d
positprs andsGonus to banks,
/. 49, j. w.sR. P.