The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-01-13

I
money. and legal tenders in payment of
public and private debts, except as within
/ the United States, and shall be receiva-
| ble in. payment for all loans made TO the
| u. s., and said certificates shall be in the
sim1l tude of the Treasury notes heretofore
/ ISSUED, except that they shall bear on their
/ face the denomination or value or which
| they are money, togeJher with appropri-
/ ate yignettes TO prevent counterfeitfng,
and such signatures che ecks and a number
| of other devices as may be best to pre-
| vent an over issue or for, cries. and on The
| back thereof shall be printed the provis-
ions of the law under which they are issued.
SEC 2. That after the 7th day of June
banks of issue, and all taxes on their cir
culation shall tn GREATER cease; and ii shall
be the duty of every collector or other offi-
Ger having received in payment of DEBT
or tax due to the United States any bill
hereto fore issued by any National Bank.
and return the same on the first dav of
each succeeding month, until the first of
January, 1870, when such bills shall be
no longer receivable, to the Comp
and destroyed in his presence and IN
The presence of the Treasurer of the
United states and theRegster, of which de-
struct1On in memorandum containing
amount of bills, their mum befs, and name
of bank issuing them, shall be made in a
hook kept for that purpose, and signed by
tue officers beforesaid and said.coIIector or
other officer shall be credited in his ac-
count with amount so returned; and the
same shall be done with all other Bank
bills and Legal Tender notes now issued or
which shall be issued when they are retnrn-
SEC. g. That whenever the bills of any
natiO6al bank, received IL payment of a
deot or tax due the United States, shall be
returned TO the Com ptroller of the Treas
ury, he shall charge on the amount 8 65-IO0
per cent. interest per aunum in coin,
which shall be deducted from the amount
of interest payable by the United States 10
said bank, on bonds lodged for the securi-
ty of said bills, until an &c uaI amount of
certificates of the value OF the per cent.
certificates, issued in pursuance of the act
of March 18th, 1857, aud the act of July Sd,
1858, shall be paid into he Treasury of the
United States, by each bank, Whereupon a
pro rata amount of said bonds shall be re-
turned to sucn banks. IL 81
SEC. 4. That after the both day of Deeem-
ber next, no National Bank bill shah be
received Dy any officer of the United Stat es
in payment of any public DEBT or tax, but
each of these National Banks may at any
time return to the Comptroller of the Cur
rency an amount issued to such bank and
then outstanding and then nnredeemed in
his books, and receive a pro rata amount
of bonds lodged as security therefore; and
from the 30th OF said June, said NatioBal
Banks shall be charged 65-I00 per cent. in
tereSt in coin in amount Of all bills out
standing and unredeemed, in manner be
fore provided, to be deducted from the in
terest payable on said bonds, so long as
said bonds shall remain outstanding and
unredeemed. tt'
SEC S. After the SObh OF June next each
collector and disbursing officer, except the
Treasurer and Assistant Treasurer of the
United States, having in his hands amy
legal tender notes belonging to the Treas
ury of New York, shall forthwith return
the same to the nearest Assistant Treas
urer OF the United states, and receive
therefor an equal amount of certificates
of a value OF convenient denominations
payment and circulation of credit ON his
account as ne may select, and on the first
day of eacn month every such officer shall
make like return of legal tender notes
as may come into his pcSss ssion, and re-
ceiVe payment and credit therefor. and
after the 3OLh OF June no discussing officer
OF the United States shall pay out or dis
burse any other money save certificates Of
Value. W
the Secretary OF the Treasury to pay or
disbuTse coin.
SEC. g. After the 8Oth of June next any
person or association, whether banking or
other, owning any bond of the United
payable to bearer, bearing per cent. in
tereSt in coin, with coupon for accrued in
teresG attached, may present the same to
the Treasurer or any Assistant Treasurer
of the United states other pubic de-
pository to be designated by the Secretary
of the Treasury for that purpose. and
who shall have in the Treasury of tho
United States sufficient security and
shall receive thereof 80 per cent. of the par
value on its face in certificates of value
and In such denominations as he may
choose, paying on that amount at the rate
| of SO 5-l00 per cent. per annum interest in
coin for thirty days, and until he snall re-
turn an equal amount of said certificates
to the Treasury of the United States, ana
said bond or bonds shall remain in the
IreaSu y as security for the certifi-
Gates SO delivered, and the interest
thereon, which shall be deducted from
the interest to be paid on such bonds.
Atany time after 80 dayssthe owner of any
bond so pledged in the Treasury of the
United States, may return cents of value
equal to 80 per cent. value thereof, and re-
| celve back his bond and coupons pledged
| as before, provided less the interest and
said cents and the amount thereof p aid to
| him, and the Treasurer or Assista nj Treas
urer, where said bond is pledged, shall
during the time of its deposit pay to the
/ owner Thereon the accrued interest there
on beyond thatfdue on said cents once in
/ every six months.
| SEC. z. The SecretarV OF the Treasury Is
| authorized and directed to cause to be
| coined tokens of the value, which shall be
| Legal Tenders and lawful money for any
/ SUM less than one dollar as fractional cur
/ rency of the denomination of 10 cents or
/ upwards. in the simflitude OF silver coin.
/ Silver so alloyed with copper. or other me-
/ tai, is TO be fifty per cent. less in value than
/ the denomination thereof, and Herewith
4 redeem tile fractional currency of the U nj
| ted states when presented to he Treasury,
| or any Assistant Treasury of the United
/ States in the sums of five dolIarsor upward
after the 30th day OF June next; and on the
| 18TH day of Decem ber next such fractional
paper currency shall not be received by
/ any officer of The United States, except for
| redemption as before provided.
On motion of Mr.. Butler the bill was re-
ferred To the Committee on Ways and
He moved to reconsider the motion, and
thereupon made lengthy speech In sup
On motion of Washburrie. of Illinois,
/ Buffers motion to reconsider was laid on
/ the table. t
proPr1ations, reported resolution. that
all the papers and evidence returned to
the. War Department bv the Davis-Holt
and Campbell commiss ION, touching
the claims of the Department of the West
before the l4th of October, 1861, shall be
surrendered and turned over TO the Attor-
ney-General, whose duty it shall be 10
cause the evidence to be examined, and
such as has a bearing on the Court of
Claims shall be printed aud received by
said court, subject, however, 10 the exam
ination and re- ex animation OF the wit
SpaIding said the Commission had
unanimously inst ructed him to. offer the
resolution and ask its passageat this time.
He explained that these claims were ad
Indicated by Commission appointed I'M
der an act OF Congress. One cf them was
Justice OF the supreme Court, another,
James Holt, head OF the Bureau of Mill
tary Justice; and third, an eminent mer-
chant of st. Louis. The Commission care
fully examined these claims, and directed
so much OF them TO be paid as they deemed
just. The claimant did receive their
money and gave receipts III full; but
now, astonishing as it might appear,
they bring suit in the Court of Claims,
and ask the difference between what was
claimed and what they said they ought to
have in satisfaction or their claims. The
claimants say they gave their receipts
under dureSS, therefore they are not bound
by them. m reply to question by Schenck
he said the evidence was not conclusive,
and must be taken by the Court for what 1t
The resolution passed.
Dawes presented the credentials OF ]. s.
Easement as Delegate from Wyoming Ter
| ritOry.
Washburne, of Illinois, objected to his
. | admission and credentials. Referred to
| Committee on Elections.
The House concurred in the Senate joint
resolution to continue the CommItLs on
Ordnance. as they have yet some import
| ant business to examine.
Boutwell,, from the Judiciary Committee
reported the lien OF the United states on
The Union Pacific Railroad Eastern Di-
! vision, was not affected by the alleged ir-
reguIarities or Illegal proceedings of the
company. The port was laid on the table
and ordered printed