The daily Chattanooga rebel. [volume] (Griffin, Ga.) 1864-1865, 1864-07-19
, N Number 276.

nr'l day OF January, eighteen hundred and sixty
nNo Is hereby taken away And provided fur
,uel, Ihal upon all such treasury notes which
may remain outstanding ON the FIRST dav orJauun.
! ry eighteen hundred aud uytv.Gvc.' 'nud which
may not be exchanged for new treasury notes n4
! hereby imposed ''''' '
! SEc. D. That after the first day of Apri next. au
TrutnoIlN heretofore given To the Secretary of the
/ Treasury 10 issue treasury notes shall Ln srJ liz
same ls hereby revoked Provided. The Socretn.
ny OF the Treasury may, after that tmo issup now
| treasury notes in such form us hp mDy prrs,,iI,.
payable two wears after the ratification of N tr,n,,
ot peace with thc United States said new issu,s ~
De receivable IN payment OF all public dues eycpnt
export and import duties, and To be is,upd ir nT
change for old notes, at the rate of two dol lrs o
the new iorthreo dollars of the old issues. whrfbn
sAu old notes be surrendered for exchange Dr.
VIC holdeIs thereof be received into the trcasli
~ under the provisions Of this act and the hol
uolS VI EnH new notes or Of the old notes, except
US .tos' I' ut "ononlnauon of one hundred dollars
alier they are reduced To siNtysiy and two.tbird
cents ON the dollar, bv the tax oforpeoid r,,,,
convert 'he same INTO call certificates hearing i'm.
teres at the rate OF four per cent pef onrpn, ma
payable two years after the ratification or trnot,,
OF peace With the United States, unless sooner
converted into new notes
Sic g. That 10 pay the expenses oftbo goyo,,
ment not otherwise provided for the Secretary nr
the Treasury is hereby authorized TO issue siy NOR
cent bonds 10 am amount not exceeding we huu.
dred millions otdolars, the principal and interest
whereof shall bc free from taxation. and for tbp
payment of the interest thereon the rutir. pctt re
celpts of any export iuty hereafter luig on. tbu
value Of all cotton, tobacco and naval storos
which shall be exported from the Contederote
States and the nett proceeds of the import duties
now laid, Orso much thereof us may be necessary
to pay annually the interest, are hcrcby specinlE
pledged Provided That the duties now Ioid r,
on imports and hcrcby pledged, shall hereafter he
paid IN specie, or ia sterling exchange or i'm tbn
coupons Of said bonds,
SIC, T. That the Secretary of nIo Treasury 10
hereby authorized, from time TO time, as the wants
OF the Treasury may require IL, to sell or hypothc.
cate for treasury notes said bonds or onv uort
thereof, upon the best terms he can, so as to meet
appropriations by Congress, and at the same timo
reduce ana restrict the amount Ofthc circulation
~ treasury notes, within reasonable and safe
limits.
SEC s The bonds authorized bv the sixth sec.
uoh OF inns act may be either registered or coupon
bonds, rs the parties taking them may elect and
ihel may be exchanged for each other under such
regulations as the Secretary of the Treasury may
prescribe They shall be for one hundred dollars
or some multiple Of one hundred dollars. and
shall together with the coupons thereto attached.
ne M such form and of such authorization as the
secretary OF the Treasury may prescribe The
interest shall be payable half yearly ON the first of
January and July in each ycaf-thc prncipaI
shall be payable not less than thirty years from
their date
SEc. 9, All call certificates shall be flndablc.
and shall be taxed in all respects as is provided
IoI tlG ucasuIy holes, lllo which they are cen
fcI'!pIG' IL not converted before the time fixed
I3r i"AuB the treasury notes such certificates
shall, from that time, bear interest upon only six.
y SIX and tWo-third cents for every dollar prom
iscd upon their face, aud shall be rcdcemable on
ly IN new treasury notes at that rate butaftcr the
passage oi uia oCl no can certificates shall be
isSuGu uh'I ,a'lci ule HlSJ daN OF AplI, eighteen
uu""'C" anu 9'N'I'IoUi'
SEC. 10. That il any bank of dcposit shall give
its dcpositors the bonds authorized by the frst
section Of tins act iu exchange for their dcpoyits
and specify the same on the bonds bv somo dis
tinctivc mark or token to be agreed upon with
the Secretary of the Treasury. then tbp said d.
posl&or shall be entitled to receive the amount OF
salI DouoS IN treasury notes bearing no interest
unI @ OUTSTANDING at l1c passage ol inns act FRO.
Nlueu, 'e Salu ooHua are presented before the
privilege OF lundlhg SAID notes at par shall cease
as hciclh prescribed
SEC II. That all treasury notes heretofore is,
sued, Of the denomination of five dollars. sbnll
continue to be receivable in payment of public
dues. as provided BY law and tundable at par un-
uv t,C ptOH,5onS oi lnIs aCl Gn the lIlst otJuy
,l s 't',,,, n, "'G 2.Nl lp'b eNSO ana until
C, , Eli NJ o,-u,elH INJURED ana sixty
,i,,o , sI ll river, D9t alter that
onJ ,, II ,iJ a,t Yy - w " t"S Vi ll'ty-lhrcc
H., C, G.n,c aa; a. wy uo'Gi PROMISED ON
L, aii, "a" ."H W "'lacI 10 sald notes
md aycbo,,cIjo C, |,,,, ,, '" u.eS 10 De IuhGaDe
4, ,ro,iJ,J sIft g.. ntI 4 i}I'23u'l HoleS, as mere
T. H. TLt - -, 4, ~ "JI'ouoh ol salu TAX.
rocoi,oJ Co. 0, 80; 80 "olGIHg treasury notes,
la - IN H. uIii'1o Nv cIt uAeu LOT taxing
Tan,ar,, i,5to ui'l the hrst day OF
'bo so,o ~; ,t "uu SiNy -INe, 20 iund
S"'e ~, III Pyr bonds 81 he Confederate
interest payable semi.annually But all trcos,,r,, ,,
notes received bv apv State ufter te ti,no G,"iGy
axing the same. as aforesaid sbolI ho hoId y,
nave been received diminished Inv. tbn or,a,'t 70
said tax The discrimination between tbn mntos
subject to the tax and those not so subject sbnll
DC lett to the good faith Of each State and the cor
licate OF the Governor thereof shall i'm each case
Spc n That trcos,,r,, .,,,,,., .t......c.-.
,oorin,, intarast ny tI m"VIa uulcloYr1 issued
birt,, Sonts on tbo IJa VI " ny Nrn uollaIS ana
hal NO ion,,o bo rooi,oJ - uo,lIS S per Hhh1m
Iues. but s6oll be deemed and cGnsiIoroj R"u,io 5
If the Confederate States pavpbIo tu,, ,,C
er ratification of a treaty of peacn Win iIo Irri
ed States, bearing the rate Of interest snecifad
IN thelr lace, payable on the first OF January 10
'ach ana every year
SEC IA. That the Secretary of the Treasury bs
md ne is hereby authorized i'm case tbo cyi,,,,ci
If the Government should REQUIRE il. to nav fbr
lemand of any public creditor whose dobt NAV h.
contracted after the passape of U,is oct ;ili,;, t
eCeiyc the same. in n cerfiBcate Of indebtod7oss
o be issued bv said Secretary in sucb form 1s La
nay deem proper payable two years aftora ratif.
a.Gm ar oi vrea'y o peace with the United States,
lum payable annually and transfcrdJe ON.
y by special endorsement under regulations To be
prescribed by the Secretary of the Treosury and
mid certificates shall he pNnu,t,t F.r, t,,.at;,,, a.,