Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1864-02-23


ATT aEn EaSp. nGSifRhL'S OFFICE,
E:rs2osa, Va. T:5. %. 1851. ,
Gr..a.i Daossn;
The following ACT Of Gens.a-a :. ;.naiishs;
f1r the :a'oT:na:ion o. IRA Amy:
mo. llG
Az Act 20 Rsducc tie Currency AID ID Au-
,h.rige a rcH ISSUE Of Notes and Bonds.
Tho Congress, ui tho Confederate States
OF America io enact. That the holders Of Ill
trcasurv notes at"7e ne denomination o! hTe
1nlIa,s. not he3rinE ]iGtcress. shatl lie allowed
until the Eres day Of April. eighteen hundred
end ax;y-:lur, cast C the Mississippi river,
ard until the first day Of July, cigh:ccn hun
irel aud sixty-.uc, west nj the M!ssissipc. -iv-
e., to frnd the same,and uHul the periods and nc
the places stated the holders o. AL such tTea-
! surY notes shall 10 allowed to fund The sanio
, in registered bombs. payable twenty years
| ate. their dRtc, bearing interest 1t The rate
of four per cent. Ger G.nticTn, lnTa5!o On the
| first day Of january snd July Of each year.
Sec. .. The Secretary Of the Treasury is hare
/ BIZ authorized to issue the bonds required for too
! funding provided fer in the rrcced.ng SECTION,
anu u.itIl Az DJlt-' = ~ ltCpht'' IA ihhI
ISSUE certificates tn augwer tho Ii rpose. Such
bonds aad certificates shall 10 receivable
. without interest in payment Ct all governments
, tucr payable in tho year eighteen hundred
: and sixty -lJ.r, except expert and import d.
| tier.
| Sec. 3. That Ill Treasury notes ct the DEMO
| mi1ation of one bundled dol!srs. not oeaTiHg
! interest, which shrll not be presented f"c
FINDING nudec tie provision OF Tho trst SEC
! rion Of this ac:, sLsli, from and alter tho first
da7 Of April. eighteen hundred snd s'ziyi"2r,
| east Of tho Mississirri river, and the first d6y Of
| July, eighteen hundred and sixty-four vest OF
| the tiississiDoi river, oaass 20 he receivable
IN the payment Of public dues, and said notes.
if net 80 pregented ~ that time, shall, in ad-
| dition to the tax Of ttirty-thrce and one'third
| cents / mposed in tho fourth section Of this act,
be subject tn u tax o' ten per cent per month until
| so prrecr:ed. which taxes shall attach to said
| notes wherever circulated. AID shall be de-
| dactad from tae face Of ssii no.c. whenever
| presented for r3pmeat or tor fInding, and
said nntas shall not b" erc1angaab'n for the
| ncw issue " Treasury an;r5 provided for IN
! dis acr.
Sec. i. That 90 ell seii TraH-nrc notes not
funded o, us2l H. paYncn.c Of ta1eaatthc dates
! 4 d place: prescribed in tbs 'irs! section Of this
| act. there saali be levicd 81 said dates and
| places a tax Of thir;v-threc and Ore-thlrd
| cents fer every dollar promised On tne fnce GG
| aid nores; said tax snr ii ;.tTa"h TO said notes
| wherever circulated, and shall be collected -
| deductiEy tie sarne Of she Treasury. it's depos-
tories. aid hy :ne tax coi.CatOr~, aud by al
Government officer ~rceeivitg the aarac, when
! ever presented for payment. or II funding,
lr in pGrT.1nt 81 government dues. W FOX
| JOS u,". az il exchange tar ~" noics - here
| nate; provided, sra sd Treasury notes
! sinai. ba:uHlaai1 III cont; 3 provided n the
| frs seatir1 tttis act urti. the i'stGay Of Jazz
unrT, eighteen .C'.ired nDd six-y NV, ~ he
| rate Of ~siziv-.iz and twn third ceais on the dol
iar. Ant u s.al BE- tie duty of tho nry
{ the Tr.a-urv Il: any ,ime between the
Grs. o. A.i.i rusy. AMI toe first"iJuiY c'ch'cen
hgatrcl AMI si1rY.!rur.~" s. 0t tho Mississippi.
| EVER, ;.n.i the frs. Of January, eighteen hur-
ired AM s;-tT-iye, - rnb-:iti'e and cxch2i:ce
ne% treasury nGtes ?oT inc same, - the rate 81
s~ixt7-eix and two-th;ris cents IN the dollar.
proriIed .hts nutes IS the denomination OF one
hundrea dJi.sr1 hall not be rnti:'ei TO the
pr; yiirgn IL ST.! "Ecnang": pror'1sa, f"rthsr,
tia. the -i,hS "a h,rd 49, Of said trrs,u'y |
noscs after erst dayrf JaDCHrT, oirhta:n hun
lged aud s;zty-i.e, il harely taken sway; and
mGsidsl. further, that upon nil such treasury
ao;cs which MAJ remain oUrstlud!ng on the
frft day Of January, e~!sbt'cn huncr:d and
&i1t7.f7e. ach which ,aey not nc exchanges
for n=w treasury nGtas as herein provided, n
TAX Of onehuadrcd per cent IS ter1hyimposed.
Sc. 5. Ttatafferth the first iaycf .Ap!il DeytaN
authority heretofore gwen 70 the Secretary Of
tho Treasury to Issue treasury note shall he
and is hereby re=okcd P-oriI:d, the Score.
sary Of the Treasury my, after that time,
issiis rev treasury nDtes, IL uuch forms nc he
may prescribe, payable :To years aiEHr the
rrarifcarion OF q treaty # peace with the
United States, said new issuns 20 be receivable |
in payment OF al public dues except export
and import duties, and TO DC issued in exchange
fyr Old notes, st the rate "f TWO dollars Of tic
new for three dollars Of the cid issure. whethe!
said I'D notes he sngrandNr.d !r exchange by |
the holders thereof, or lie received into the
treasury under tho provisions Of this lct; ard
The hcjda,s Of tha new notes o. Of the Cid
nu;ce, exaaot those Of the denomination oil
one hn1.drei dollars. after ,hcy nre reduced TO
s~;1ty-liz AMI :vo-tbirds cents On the dollar,
hv the FAX aforesaid. my convert the Same
into call certificates, bearing interest at tic
rate Of four PER cent. per ancum, ard paya
bic two ycars after the ratification of o treaty |
Of pence with TIE United States, unless sooner
converted into new rc,eP.
Sec +. That to pa .he eI onnacs ofthe Govern
ment Tot otherwise provide! for, tia Secretary
Of tia Treasury il hereby authorized to is8pr |
six per cent. .nnC". - r. a!CDurt no. tyc.ad- |
ing Two hundred millicnS y; dollar, the prln-
cinai and iut"rrst whereof aaAll BE- iraa ir' NJ |
taxation. and SCR toe rarment Of The ictarcs'
thereon. the ep:ira nett re3'ir,: .? aEg export !
duty herrG .tc7 ;ail OF the vstue Of all cotton, |
tobacco, an3 naval s:iTea. which shall be cX- |
ported from the Confederate States, and the
netS proceeds Of tbs i'm pJrt duties Row laid. Cr
so much Ihereo; Is may hn necessary - pay
annually tho interest. arc hereby specially !
pie !gsd propilsd thai tho duties now laid
upon imports and hereby pledged shall hero
after be pail in specie, or in sterling exchange,
OF in the coupons Of said bonds.
Sc.. 7. Thattbe Secretary of the Treasury is
hereby authorized, from time to time, AZ the
wants ct the trea ur.g may rc1nir: II. 70 sell Or
iTp9thecate for tie'srry notes Rlil bonds or
any part thereof, upon the pest forms he cen, |
20 az to NEE. appropriations hy Congress, and
at tie snmY time re'uce and restrict tic
amr:nt Of :jn circulation ia treasury n5;cs
within reasonable end sife limits.
Sec. 3. The bonds authorize by the sixth Sec
ron Of this oct may be either registered or colt
poi hn"da, "'tua parties taking them may elect,
and 1h,7 may BE- exchanged log ee"h ether
under such rrgu!"ti";.s as tie Secretary Of 'he
Treasury may prescribe. Thy shall be FIR
one hundred drl;ars, or some multiple Of orr
hundred dollars. a,id shall, together with
she coupons thereto attached, be in such form
and Of suct nu.haIticari n a.. Tho Secretary Of
the Treasury may prescribe. The interest shall
be payable half yearly on the fras day Of Jan
nary ard July in each ysar-5he principal
shall b. payati, no: less than thirty years
from their date.
Sec 9. All call certificates shall DO funGahle,
and hall be taxed in ali resaar.a, rs is provided
f,rtHs Treasury notes, int which they urs
canvertib.a. Ii nor converted before tho ti1ar
ix"d for taxing ,he Treaaary notes, sa.h Car