Shreveport news. [volume] (Shreveport [La.]) 1864-1865, 1864-11-08

'' DONE in the way of business. A
. regards oursclf, it is Il matter of in.
T. possibility to collect sufliciency o
- our just dues. 10 mc Ct .our current ~
: penses. We are compelled to pa,
8 our hands weekly, and for all print
= ing material, ink, paper. etc, ",
have to pay an enormous SUN, ant
II that too, in advance.
That this scarcity of money viii
g''e better tone to our currency, j:
daily exhibiting itself. Persons
: who. but Il short time since wcr.
freely offering % and so for one, OF
new issue for gold, are now reluctant
to pay 80 for one.
For the information of all. and
more particularly capitalists, we pub
!ish the following. taken from the
Richmond Enquirer, showing in what
manner debts Of the Government are
to be pai,!
BY TIL" 18th section Of the Cur
rency bill the loiIowin. was cnac-
ted:
That the secretary of the Treas
ury be and Is hereby authorized, in
case the rNig"nci,s of the Govern
mrnt require it. t" pay the demand OF
any public creditor whose Grb- NAV
hr contracted after this act. willing
I" receive the same in cert itica... OF
Indebtedness, to br issued Inv the
Secretary in such form as he NAV
deem proper, PAYABLE two vears AFTER
ratification OF Il treaty OF peace
with the | niteI States, bearing in
tcrrSt at the rate of six per cent. per
annum, payahl" semi annually. and
transferable hv special ENDORSEMENT.
under the regulations prescribed bv
the Treasurer, aud said certificate
shall b" exempted from taxation.
principal and interest"
Sec. -. The Secretary of Trca-u-
ry Is authorized to increase tn. mum
Der of GcpnSitarirs So as to meet ,h,.
requirements Of this act. and with .
that view TO employ such ot,hr banks
of the several States rs NAV deemed
exr-dient."
The following is the order Of the
Secretary of the Treasury. issued in
reference to the aforesaid act.hy which
it will be observed, that said certiti-
Gates are to b" issued to su,h crc9i-
cars at tie Government as are wi}I;Ur
10 rcccirc the same IN payment otNcir
tenants. We allu,.e to this particu-
lar clause, for reason. that the, impress
sion has been entertained, that it *
compulsory on the part of creditors
to accsp; certificates. This is not
the language of the Secretary of
lreasl r. nor of TIE act an | would be
UNJUST, as persons Of limited means.
could not Well use certificates in every. ,
business transaction, and they woul,!
therefore be the sufferers. Capitalists.
md persons who have no iinmedia..
'sc for their money will. on the
contrary, be the gamers. The Sec
'etary says:
CERTIFICATE. IF i11cLtc.7ursy Lcariuy
SIR per ctnf. peraan~N Interest, und
FIRE. from f0rution- 1
TREASURY DEPARTMENT, G. 8. A.
Richmond, Aug. s, 1868.
by tue l4th section of the act to 7
educe the currency. approved Feb
9TH. 1864. the Secretary of the
.reasury is authorized to issue the !
bove certificates payable two years 5
tier ratltiatlon of peace with the
uit-d States. They cannot be c
old. but are onlyto be issued to such f.
reditors of the Government rs ar. :
filing to receive the same in paw f
lent Of their demands. They must F.
|so be given at par, though free fl
ON taXation.' Il
The attention of purchasing agents II
nd discussing officers ofthc govern dl
lent, is called to this class Of publ. d,
'curities as offering peculiar advan- ft
Iges to those from whom he sup V,
lies of the government are bought. Dir
nd to facilitate the use of the checks b,
avn by diSbursing officers upon de- $.
'sitaries holding these funds, ar. -.
arked across the face .'paya able in CO
rtiticate Of Indebtedness" will b. G.,
nd in conformity herewith ed
.Depositaries are hereby autllori- de
d and require to comply with this op
gulation, and to make application
the Register for supplies of ccrti-
ates as required" +,
o. n. TRENHOLM, CHI
Secretary Of Treasury roo
The Enquirer, commenting on the I''
tai