, 1870-07-14
Synopsis Of the First and Full
Text Of the Latter
Measure.
The Conference Committee on the
Georgia Bill Unable 10
Agree.
Reports Of the Howard Investigate
ing Committee.


L.
Of the Treasury Is hereby authorized to Issue In a
sum Or Eunsnot exceeding IN the aggregate $780,.
co., 900 coupon or registered bonds OF the United
e ot az s Sc mu
ttple Of that sum, re1eemable In coin Of the
present standard value at the pleasure Of the
nd States ass ssn from hs aa q
annually d such coin at the ra1s Of per cent
5s &c eass*aas i Ike K 5onds ee s sresais sas 81
Respects but payable at the pleasure ii the United
States after fifteen years from the date Of their Is
cent per annum. Also, sum or SUMS not exceed
in the aggregate xl,000UUo. .UO0 Of like bonds the
same In all respects 9qt parable at the pleasure o.
their Issue, and bearing interest ut The
d % which SAID sevetsi classes oi
the payment Of all taxes or duties Of the United
States as well as from taxation in any form hJ Of
under Statc, municipal or local authority. and
said bonds shall have set FORTH and expressed up
Oh their face the above specified conditions, and
shall. with their coupons, be made payable at tho
Treasury Of the United sta,es; but nothing in this
construed to authorize Rny Increase Whatever of
the bonded debt Of the United States
ssea1 sFe e & me sn'5 Tfessa9s saqs il qhpt nsfes the
authorized to sell and dispose OF any Of the bonds
issued under this act, at not less than their par
N q 10 so o e Gnea sates
outstanding. and known US nve-twcnty bonds, at
their par value. q be may exchange the same Tor
hereby authorized shall be used for no other pur--
pose whatever, aRd SUN sun not exceeding oAe.naf !!
hereby appropriated to pay the expense Ut pre-
Bame-
SEC. 3. Be it further enacted, That the payment
OF auy OF the bonds, hereby authorized, after the
expiration Of said several terms Of 10, H. aud 80
ysers, shall be made ln amounts to be determined
from time to time by the Secretary Of the Treas-
distinguished and described By dates and num-
hers, beginning for each successive payment with
the bonds Of each class last dated anu numbered,
ut The time OF which intended payment or tedemP-
ton the Secretare Of the Treasury shall give pub
lie notice, and tho interest to BE- paid sal cease
at the expiration Of three months from the ate OF
SEC. 4. Re il further enacted, That the Secretary
OF the Treasury Is hereby authorized Win any
he mar lawfully apply TO such purpose, or which
may be derived ffoln the sale Of any Of the bonds
the sum Of which Is provided for In this act. to
Ct Is ne tRa s.
which have become, or shall hereafter become re-
,leemabie by tue terms Of their Issue, UT
sas sna es:srrsaT eesaesrea osnas sss 50 In
bc indicated and specified By class, date and num-
her, III the order Of their number and issue, begin
Treasury. and In three months after the date Of
ench public notice. the interest on the bonds so Sc
sc. : IL it5urtkt1 enacted, Tnat the Secretary
Of the Treasury Is hereby authorized at any time
within two years from the passage OF this act, to
| Of not less than one hundred dolla1s
with the Treasurer Or any Assistant Treasurer q
| the Treasury to receive them, who shall Issue
| therefor certificates OF deposit, mule In form
as tne sscrstay Of hs sna prSss5es
ut rate not exceeding * per cent per annum,
and any amount Of gold coin 50 deposited may
ns from deposit a. a9y tms stsr
ten days notice. and on the return Of said ceFtiu-
| Gates; rvogtded that the interest On al such
the o the Tseasa aad
or represented 6y, said certificates Of deposit shall
said certificates: and The excess beyond 25 per
cent may be applied, AZ the discretion OF the secEe-
tasy Of the Treasury. to he payment and a. Fedemp,
States heretofore issued and known as $50 bonds,
as he may designate under the provisions of the
o. s a E
pai, with interest accrued thereon, IN payment for
| any bonds authorized to be Issued by this act.
soa aad nass no~ hed d u Gtsa e.
| Treasury, In accordance with the provision re-
'ating to sinking fund of Section Of the net, en-
ntled 81 an act to authorize the issue OF United
States notes, and for the redemption thereof, and
Tor funding the floating debt Of the United States
approved Februaiy ., 1862" and all the other
bJ the Secretary Of the Treasury with the surplus
iunds 70 tae treasury o. me United states, saali
srch honda sn rnncai,ed "a dsafroveS ~ 10 s1ret
| MARC in the hooks Of the Treasury De-
rartnent Any bonds hereafter applied to
saia slnk!nK luaas. and ~ otael gnltsu slates .
Statae shsi aIao - iiia psu s tIs
ceistl, and destroyed, aad the amount Of bonds
| OF each class that hare been cancelled and de-
saoyea s9ali He @ deooctea a. nlespeeaFeiy nom me
he Tinted states IN a;i,tnn n nthrr emonoIs 1on ~
| that may he nppiisd TO The re1emntion or nav.
1nent Of the public debt and an amount equal to
the interest on az bonds belonging to The afote-
90 ~ aa 7, pS t - ~ ~
The nayment nj The nnll(o ,eht AZ nrnvffe, for If.
! section OF the act Aforesaid and the amount 80
/ 70 be applied Is hereby appropriated annually fof
tL4t oul VI loe fecelIs luz out'es OIL I'LL
-....-...--.
| THE AUTHORIZATIONS BILLS
Ihe lndian' army; Navy and Omnibus Appro-
maaon , o'i.s NJ az ~ eoaistehee comm.ltee'
nieuI ~ 11s uuan oll1 i"e administrations
tale~ .s "elgn1 u . Tue scaiss, enis morning, re-
Meselsue lug ,"itu sninent uanses u sene1A'
"M " VIC Ftn' sA4s a'' apio
"A.lons ate w. aae ~ tun asuh'
naunc1. aou u"tAs ne e'leu.ealon tae
.as as.D.txas .s. ho".ass ~ e. teeAns ~ tae
soe ~. .tan ns.es.o4s. - ~ 80, asteeuent ue
no1 lsaeneu ea.n ,a u-no'lu" tne olI mast oe pu1
n.osn -, .. ~ sistnk lne fiess'
~. ~. ',.aa.,s., '. M, sa =. !4outs " usc
~ ~, n.s ~ ussst =. " tue army
Is w. % "aus @ ~ !" suen "a5 ahat Inere Is not
maeu el"1so au a6temenl IN tne
pIo'tslons tot Aa'ug pay aau decreasing Inc
~ LII, ~. ~ 1N,,aaa .nI W. NJ nos pe a''o"eo
~ "AA1 0441 NA'oo 0u" 4oh"l4 poAA e15 oil tucsE