The daily clarion. [volume] (Meridian, Miss.) 1863-1866, 1864-04-03

/ HST6bOIOTG ISSueu III alliC uGHOulUdblOu "
five dollars shall continue to be receiva'
bic in payment of public dues, as pro
vided by law, aud fundable at par under
the provisions of this act, until the 1st
of July, 1864, east, and until the 1st
of October, 1864. west Of the Mis-
sissipp. yer but after that time they
shall be subject to tax of thirty three
and third cents on every dollar promised
on the face theradfpsaid tax to attach to
said notes wherever circulated, and said
notes to be fundable ana exchangeable
for new Treasury notes, as herein pro-
vided, subject to the deduction Of said
tax.
Sec. Il. That any State holding
Treasury notes received before the times
herein fix d for taxing said notes shall
be allowed until tho lst day of January
1865, to fluid the same In six per cent.
bonds Of the Confederate States, pay>
bic twenty years after date, and the iu-
terest payable semi.annually. But ali
Treasury notes received by any State
after the time fixed for taxing the same,
as aforesaid, shall be held to have been
'eceived d FINISHED by the amount of
said tax. The discrimination between
the notes. subject to the tax and those
not SO subject, shall be left to the good
faith of each State, aud the certificate
Or the Governor thereof shall 10 each
case be conclusive.
Sec 13 That Treasury notes here,
tofoFe issued, bearing interest at the
rate OF seven dollars and thirty cents on
the hundred dollars per annum shall no
longer be received in payment of public
dues but shall be deemed and consider
ed bonds Of the Confederate States, pay.
able two years after the ratification of a
tFeatysofspeace with the United States.
bearing the rate ofinterest specified on
their face payable the Ist Of January
in each and every year
Sec II. That the Secretary of the
Treasury be and he is hereby authorized
in case the cxigencies cf the Govern.
ment should require it, to pay the de-
mand Of any public creditor, whose debt
may be contracted after the passage of
tins act, willing 30 receive the same in a
certificate of indebtness, to be issued by
said Secretary, in such form as he may
deem proper. payable two years after a
ratification OF treaty of peace with the
United States, bearing interest at the
rate of sly per cent. per anuum, paya-
bic semi-annually, aud transferable on.
ly by special endorsement, under regula-
tions to be prescribed by the. Secretary
of the Treasury, and said certificate
shall be exempt from taxation in princi,
pal and interest.
Sec. Is The Secretary of the Treas
ury is authorized to increase the mum
Der of repositories so as to meet the re-
aurments CT this act and with that view
to employ such of the banks Of the sew.
eral States as he may deem expedient.
Sec. 16. The Secretary of the
Treasury shall forthwith advertise this
act in such newspapers published in the
several States, and by such other means
as shall secure immediate publicity; and
the Secretary of War and the Secretary
of the Navy shall each cause it to be
published in general orders for tie
information of the army and'navy.
Sec. II. The AID sectien of the act for the
assessment aud collection of taxes, approved
May l, 1853, is hereby repealed,
See. Is. The Secretary of the Treasury is
hereby authorized and required, upon the ap-
plication of the holder of any call certificate
which by the first section of the act to provide
for the funding and further issue of Treasury
:, notes, approved March 2Sd. 1868, was re-
quired to be hereafter deemed to be bond
to issne to such holder a bond therefore upor
the terms provided by said act.
EW The Louisville Journal says than Al
exander H. Stephens is the "arch es rebel o
the whole gang" No; but that bending Fl.