davidaulloa/AmericanStories huggingface dataset:
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

Toby saxton went to Philadelphia to see the
opening of the show,
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

rush of important matter has caused us to de.
fer the publishing of other interesting local news.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

This is the time of year when many ladies go to
church and compare bonnets.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

Mr. James Moriarty, the enterprising auctioneer
of Cleveland, was in town last tuesday
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

S. J. Massingham, of the Cleveland Herald, who
was at Massllon for time, writing up the trouble,
gave us a call last week.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

This week ends our secondye as pencil manip-
ulator for the DEMOCRAT, and we don't feel SO
very wretched about 1t either.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

Miss Libbie Miller, of this city is organizing
music class in Upper Sandusky.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

The most reliable place to buy your Clothing Is
at the store of M. KAUFMAN
mar90-3mo
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11
aprlS-tf

You can get Vicks garden and flower seeds fresh
at Cools drug store, in Mathews block, corner
rnnTn
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11
A GRAND CENTENNIAL

ANDY sCHwERTNER is selling boots and shoes
cheaper than ever. All goods warranted.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11
COLD.

LADIES Serge Laced Caters, 81 per pair at VIM
8. Parrys Opera House Boot and Shoe store.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

John c. welty will start for the Centennial to.
morrow.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

THE cheapest and best boots and shoes in the
city at A. Schwertners
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11
A 80 100000 FAILURE.

Cool. In Mathews block, keeps the best brand OF
condensed milk,
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11
Inral eNews.

This is fine weather for decOllce shoes with large
hi
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

Cooking Extracts and Perfumery are
retalled at DeForest's Opera House Store,
at half price.
The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1876-05-11

ANDY KNows.-You can now purchase ladies'
CATERS at schwertner's for seventy five cents per
pair, four doors east of American house.
The New York herald., 1876-10-10
DOMESTIC MARKETS.

GALVESTON. Oct. q. 1876
Cotton ste ndy middling, sac low mddlng Ole; good
ordinary e Net 6; 5sseps .aes 9 bales. yrs:s iao
SAVANNAH, Oct. o, 1875
Cotton auiss and nrm; fair demand; middliny, iosc;
bales Exports. coastwse, i.55s. sales i255 stock,
1901
Cotton nrmsr middling losc low middling Zoe
Expots To the Continent 1885, coastwisc. 25o. sa cs.
1000. Stock. 3450i
Cotton quiet; middlinr, loe low miaaIing; 9he sse;
ports. ppa eoa.,wise. SIs Sales, 200 Stock 1908
Nxw ORLEANS, Oct. Q, 1870
ns Gopo % roy a ornsry s Ne. rsccp s3 bae
gross 5ia Exports, 20 ureas Britain 5oS6 Sales 40Jo
s ,sD..r. srs y, 5s S..a G Ssassy os e 7e
changed. Tar nrm at II 30
Flour .,cady Wheat dali; no , white Wabash si IA;
No. white Michigan. 81 os extra white Michigan. 81 u;
I :Tss 3d. ss sPss . rs
u ls 10 red ia " os rejected rsd q oi Dayton
an!l; high mixed SPOT 4o,ac October, 4as low mixed,
o duh, whit White sTsse Ss: sar
s%.e wssss & @ ~ sa.Se. a.S % as % sGs
do corn. and 1900 do oats
Receipts by aksrlour 800 obs corn % bushels;
y wheat Ss Gstsy DO a ~
by canal to ttdewatercorn 2ois bushels; wheat A. 400
10 Sss''
SIs1 ss.,na a. light, held sr% ;ss:
aemsna; sale, I a bushes No Milwaukee At 81 is
D ~
retail sales At 52c quoted, buyers J0c 5Dtsc Sellers
5uc soc sales uf 2O bushas low mixed Toledo 52sc
500 do. No. Chicago lots Mt be DISTRIBUTING
doing: quoted at 3bc. 4Oc. Kye-No sales Bmrey-Fair
inquiry; sales of 5000 bushels Canada arrive nj 81
Malt IN light trade demand at unchanged prices seeds
Trade abont held 81 81 IS for timothy
81 50 So Pork md ard-Prccs unchang gcd sales fair
iiighwnes at 81 II axI ~ for city made i75 bhs
Canal freghts unsettled; charters made atWbeat 7lsc
corn 7c boasmcn asking Tie nsc In store IN
Wheat, 10 f5s bushels 463 PIG do oats AIT do
barley ios sse do rye 49, do. matt ~ 2Gg do
9ti Hd bushels Estimated malt In store in malt
1OOuD bushels During the week four have COM
menced mailing but lightly: Ahoat the Erie os-
Canal tor tidcwntcr Wheat 5e5 $40 bushels. corn
lus3u2? do rye. GO 1913 dot oats 27345 do: barley,
2J333f do Ahoat the upper and lower lakes, bound
buffalo Corn. i3i 90 bushels; wicst 214OD barley.
2J.uo do. Chartered but not ctearedCorn 255 go
bushcls;rye, 22.OOo 90 total, l.U7o,0oO do.
CHICAGO. Oct o, 1876.
yFlonr ncminally unchanged. Wheat and lower
No Chicago spring 81 o.; No. do VI O,. cash 81 OS
November 81 v7,s Decembef No Chicago spring. vsc =
96sc ejcced TSc S5c. Com Inactive and lower: No.
44ssc cash; 42e November; 45sc NIL the year these
prices bid; rejected Ale ns EASIER No at 3J cash
800 November; rejected 2fsc Rye easer Uoc Barley
easier ~ Ssc Pork fairly active and shade higher old
SIS 10; Sl7, cash. $40 10 xl6 w1ts October
$40 W SO ~ all the Lard nrmor, but not
The New York herald., 1876-10-10
COMMERCIAL REPORT.

COTTON: SPOT QUIET AND Easy. FUTURES
CLOSED STEADY AND GENERALLY 1-32c.
HIGHER-FLoUR oUIEr-wAEAT DULL AND
LOWER CORN DULL AND EASY - OATS
DULL AND LOWER - wHIsKEY UNSETTLED
AND LowERPoRK QUIET AND NOMINAL
LARD EAsIER-PEIRoLEUM DULL-sPIRIrs
TuRpENTINE NoMINAL--RosIS DULL--oILs
FIRM--coFFEE FIRMER-sUGAR FIRMER-
FgEIGHTs STRONG.
MONDAY Oct 60 +. N.
The merchandise markets without decided
change, save In few unmportant cases, where in
creased 1rmncss In most cases manifest but In
some instances Change prices a little of.
Flour was quiet Wheat dull and lower Corn
was duh and easy, though not essentially changed
Oats were duh and lower Whskey was unsettled and
lower Pork was quiet and nominal. Lara was caster.
Cotton the spot easy Futures closed steady. with
an advance generally Of l3.c Coffee hrmer. Sugar
was hrmcr Oils hrm. Petroleum GULL Rosin
was dull Spirits turpentine nominal
CoffrE-The market for Brnzis was nrmer. and quota
tons were marked &c h. We sales of lIo7
bags So do and 4u7 do Rio Margarda, within tho
range Of i7isc. isc gold At New Orleans 1000 bags
Rio sold, OK b. H. stenken arrive. private terms
also at baltimore. Saturday. l.i3o bags Rio, ex
campsncro at l74c for ordinary low fair. and
$50 bags do King Arthur. lac. for common. Mild
coree was quiet We quote :--Ordinary cargocs. l6c
ios4c. fair do. lsc. islac good do lslsc isalc;
prme lsc ls4c extreme range for lots. l6c 2o4c.
santos far 10 good. lI}sc 1896 gold ninety days. Java
government bags, 2oc. 22c; DO. grass 2ic 23c
Singapore. lie lsc. Cayon l61.c. lsc Marscaibo.
lolac lSc laguayra l6sc. IKE; Jamaica, 15isc.
lie ST Domingo. ljc. l5is Porto Rico 1876 IKE;
Costa Rica Tic l9c: Mexican, l6lsc. Ike. Manila
i51ac lo1se Angosturs. ioc i7c savaniila 1oac.
DC. Curacao. l5c. u Iolsc.
CorroN. The market for spot was easy The mar
kst for nture deliveries opened with sales about i6c
above Saturdays closing gnres but OF the advance
subsequently lost The market closed
with improvement compared with closing
prices sc. The closing prices to-day with
saturdays as folows:--
The New York herald., 1876-10-10

Rotterdam per stes, $50 bales hops private
The charters conprsed-An Italian BARK hence 10 Naples
with 40 hhds tobacco. 36 Sd italisG brig hence
10 Bristol Channel direct, with 2.5a grain.
% - Norwegian bark hence to Cork for orders. with
2po quarters do. 6s I'd Italian barb. from Bat
more Cork Tor orders. with g. SO cd
Norwegian brig from fhadcpha Gibraltar Tor ORDERS
10 the Mediterranean with 1000 refined petroleum.
- os ia nnd 2-c option ot Adra,ic. ds I'd aud 3e.
bbis aud respectively British brig. henee with
9uOu cases dts. destination known. Nor
wcyisn bark from baltimore Cork for ORDERS with 800
70 Cork "r orders. with 27to hbls refined petroleum
3s I'D privilege OF direct os Aorw, bark from
Philadelphia 10 Antwerp or bremen with 5000 bbs DO
An.
The New York herald., 1876-10-10

NogroLK, Va. Oct Q. 1874.
The following report Of the complied by
counties North Carolina and replies from conntis
IN virginia -Four replies report the weather rs oeina
causing and in instances the ssed cotton 10
spront the bos The damage done to the crops is
dry and has been very extensive Four replies
the yield 10 be better than last year. and re-
less than las, Heavy rains and storms arc quite
general
The Committee Oh Information and Statistics Of the New
Orleans Cotton Exchange make the following crop report
for september
From thirty parishes fhycght replies bearing
the nte o September 30 They report universally
month affecting the plant badly by causing young hollis ts
she'd and older ones 10 open premaurey
the faster than nsua aud consequently pick
ing has progressed rapidly The estmates by average
the damage by worms rot rust and droagms IN %
that last year. least sixteen and hnf per cent esi
for the State Our replies dated October report heavy
frost.
correspondents from twenty counties
report the weather AS dry and hot generally
picking The Of the drought howeve has been
oo 20 open @ & aa ,ne ~ 70 h snen amans a
has been from boil cntepiars nni rust very ttie
u ,pa r9 q, y per cen.
Frost on the isl and I'd Ocobcrs reported
received no estimate Of damage thercrcm
ARKANSAS
From twenty counties have received fortyfour
swers Of the AVERAGE date OF ssremser y. he weather
cool toward the latter part u has caused bos to open
RAPIDLY amd ~ many instances n mas Tn
received complaints Of injury IRON rust rot and ho
worms but the damage from these causes does not appear
exceed ten twelve per cent Picking Is reported
progressing very rapidly on the wnoe In ssme Sec
,ons howeyer y has been by Sickness among she
last and according 10 our answers shefo Will be fall
ing Of % y 20 per s%e q cs "a ss
through which cannot now be estimated
The New York herald., 1876-10-10

DO. do, d. coupon. 1l4K 1141; do DO, 1868, regis
tered, ll5k 1l6; do. do, do, coupon 1l54 49,
do sen.iortes. registered, 1l34 nay do. do, cou
pon 11s,z lia7i; do nves 1881, registered, llsss
ll3h; do. do, do, coupon 1l31s 1l3s; do. do., do
coupon, llo l1oH.
UNITED TREASURY.
The following tho Treasury balances the close
Of business to day.
Currency. $l2 soc, 900
60 @ ooo wy wy
Less coin certincates oVo0,o oUo
The Assistant Treasurer paid to-day sl6 900 gold
account OF interest, and nothing in redemption Of
fvetwenty bonda The sub-Treasury released $75 900
silver to-day. Bonds to the amount OF slso, ,OO0
held TO secure national bank circulation, were with
drawn from the Treasury Washington to-day and ~
per cents substituted.
RAILROAD BONDS
Railroad bonds were quiet and generally firm. Gen.
trail Paclcs advanced to lo91s and ST. Paul consoli-
dated sinking funds TO STA Union Paeihcs sold at
1o6ls for frsts and Al 1861 for land grants North
western consolidated gold cenpons were in demand at
e5, with none offering below 95s New Jersey Central
consolidated hrsts steady So In tho afternoon
Chicago and Northwestern consolidated advanced TO
l04sl Michigan Central 10 103A, Union Pacific
hrsts 20 1861, sinking funds 9ll1 and New Jersey
Central convertible to 00E Sales Of Toledo and
Wabash convertible made At 40 ~ The follow
ing the closing quotations for Pacific Railroad
bonds:-Union nrsts, lo6A 1864 Union land grants,
1905 lo0sl Union sinking funds 81 9lh Centrals.
1091s 1O37s
In State bonds Missouri long skies sold at 10Sk
Tennessees at "A and Virginia consolidated, maured
coupons, at CTS. Sales OF District OF Columbia 365's
were made at 707s II.
rms .wrprcA MrxryG no Ann
The New York herald., 1876-10-10

lncTease xZo, J66
1Se shipments Of treasure from San Francisco 10
New York IRON September to 20, inclusive amounted
10 SO, 429, 14o
The Bank OF California shipped, October sla 433 in
silver bars TO Hamburg and $4. 900 In gold coin TO
South America
The Southern Pacific Railroad Company have begun
the construction Of that portion OF the road which
crosses the San joaquin Valley Goshen 10 Gatos
a distance Of orty nine miles.
The Colorado State Mining Company has received
telegram from ITS superintendent announcing the sirk
Ing Of good looking the Lucerne Ninc in Clear
Creek county, at depth OF about seventy feet THIS
IS extremely Important TO the company and is CON-
pletc ulnment Of tho predictions or the supcrin,eud-
that the vein would be reached here than on
other portions OF the same lode, where worth sew
cral hundred dollars per ton Is found at depth or
ninety feet
Receipts Of produce, &c, at Chicago from October
=
The New York herald., 1876-10-10
Receipts Of produce, &c, At Chicago from october
TO October 7, 1875 and 1915, six business days:-

Tho above figures are from the Official report OF the
Chicago Chamber OF Commerce. They iurn,sh evil
dence Of Improvement the real basis OF our coun.
try's wealth
Tho earnings OF the st. Louis. Iron Mountain and
Southern Railway Company for the month OF septem.
The New York herald., 1876-10-10

quotabiy higher. SO 80 essh; $40 FIX octehers
A. at. ali the year. Bulk meats easier: shoulders
7lsc short rib mddes SIC. sisc. Whisksy In lair Do
mind and Grm 81 ~ FreiShs hrmer sornoao buna"
bbls wheat 5000 bushels corn 5nio oo do oats s'm
do rye l2OJD do. barley. 1900 do shpments-four
600 bhis wheat. iSsop bushcls corn, 35fUo 90; "ats
5000 do rye 200 do harley. ~ 900 DO tnr n,lrr
call tie HoardWheat exsierf ~ oo'4 uctober
81 o. November Corn. ~ 4c higher oats; ac
lower Pork $l5 So $16 90 Ocfober $io 10 All tns
year. Lard unchanged.
The New York herald., 1876-10-10
COTTON CROP REPORT.

LospoS on. MARKEr-LoSDoS. Oct e-Evsning.-I
seed oil, 26s. I'D per cwf.
The New York herald., 1876-10-10
ADVANCE AND DECLINE.


The following the changes in closing prices CON-
pared with those OF Saturday,
ADVANCES New York Central, L; Chicago and Alton,
2; do. preferred. Ia o., T. ana G., u; Consolidated
Coal l; Delaware aud Lackawanna. u; Erie, Han
lIino,s Central l; Lake shore 5s Morris aud Essex,
y Jersey Central, ~; Northwest, y; Pacific Mail,
Wabash X; Union Pacific !. western u1an Union =;
Aaams Express, IL; American Express, y; United
states Express, u Welis-Fargo, l.
DEcLISE.-New haven, 1; Northwest preferred, y
Michigan Central, ~; Delaware and HUDSON, IL
Moy.y MARKET.
Money loaned up TO three per cent and closed at two
Der cen, on cali The following the rates OF ex.
change on Ntsw York at ,Ac aforementioned cities to-
say:-savannah. selling -p,er buying y discount;
Charleston, 5le discount TO er; s. Louis, 100 dis
count; New Orleans commercial, Tl6,Xbank, =; Gin.
snnati, far demand, 100 discount ChNsso, sc dis
count Foreign exchange is steady, and the nominal
asking rates remain unchanged at S3s for bankers
90 days sterling, ASS ior demand, actual business
being done at 4s2K SO Tor long, and ASA 4 S4s
for sight drafts.
FOREIGN MARKET.
The London advces report consols and United States
bonds generally firm, with an Improvement OF about
u per cont Eric also advanced fraction and rcntcs
at Paris were little better Bullion 10 the OF
E2ss 600 Withdrawn from the Bank of England
day. Tho following the closing London quota
lions:-Consos for money, 96I 96; do. for account
p6h 96x; Hvc-twenty bonds OF 1885. old, 10o; i've.
twenty bonds Of 1857, 10ssl; ten-foriy bonds 1885
new Gvcs, 1o7A Erie common shares, 9A.
THE GOLD MARKET
Gold opened and closed at 100, with sales in tho
interim at 1917. The borrowing rates ranged from
Hat 10 = per cent.
OPERATIONS or THE GOLD ExcHAxGE BANK.
Gold balances s.................. % ooo 3lo
currency DslanceE
Gross cleafauces. ~ iucuOu
The stoamship Germanc, now on her way from
Liverpool to this port has board $3.50, 600 In spccie
British gold to the OF eos, 600 was received
from London in tho United States Assay occ hero to-
day.
CLEARING HOUSE STATEMENT
currency cxcnaDges. $50 oOo 900
currency balances.
God excnangcs....... ............. llv.o, 700
GovERSMgvr BONDS
Government bonds closed steady at the following quo
tauons limited States currency sIxcs, 123,4 1884
do. do, 1881, registered, l15% 1i6; do. do, do.
ecurcn li6sl l17i4; do do, 1865 registered, 1os1s
100: do do, do, coupon, 1i1al liz; do. do, do,
new, registered, 1l1k ms; DO. do. do, coupon,
ll,a s1llsi; DO. do, 1867, registered, 1i4h ll4s
The New York herald., 1876-10-10

The following table Of prices OF the prominent gold
and silver mining shares, including the opening prices
Of to-day received by telegraph from San Francisco
is furnished By William Ward, Drcxel Building
The New York herald., 1876-10-10
ll:li ANn ll.2O A.

1O:l5 AND ll3O A. NJ
$40 on US Csc b3 1884 SsNoo Us5-2u,ci7. iissi
1000 ~ 6'sr ~ b i5t, $1,000 do be. - IL III
1000 US Zoe 90 -. Os $3.50 CS52n, '57. he ll4gi
IOyoOU US5-2or B5n be lllss ZOO US 4i,sr be llus,
lcon, 1 ~, c,5.u NIX 500 - c. = bee ~,
5000 do........... 1l1ss lOucO 1l3l.
1000 do.......bc.c iiiG iouoCs ,sio4o.cbcc iI4l.
FIRST B0ARD-l0:30 A. NJ.
$1,000 Mo 6's, d.. loSia zoe shs Tn RR.bcb3 6lI
10 Tenn o's 10 geo Ch \ W aS
1000 Va 6's. c. mate 6T% 900 CHA NV Ripple G.
3CO Dist oi Joss.. ~ 226 n arlem RR. h la5
1000 do 1u7s 2,O Clev Psts IT he sSsS
1000 Tenn es.n "a - do.....,..... s9ii
The New York herald., 1876-10-10

NO I DIST , Oi 3.oa's..
5000 do ...........
1000 Tenn SIS, new.
Soen Tenn 6's. ms =.
1900 Alb \ Sus LIST.
900 n j Cen LIST. con
1000 NJ 4 81 Plst. IL
5000 " : 4 consf.
5000 Chi 4 " LIST. :.
1000 do ........
5000 North Mo IS...
1000 Ohio \ Miss ID.
1000 O 4 NJ con $ e..
1000 Cen fac < b..
. 600 do. ..bc
1000 U ! nc h n LIST.
10000 Tn Pac rs. lg..
10000 G 4 + con $ e..
! 90 81 l. A ! Al ist...
1000 West L c. 1900
10000 NJ. NAT ST.. ..as
8 20 ChiA NV con
10 shs hank OF Com.
100 American TX.
The New York herald., 1876-10-10

8 400 Tenn SIS. new.
5000 DN tolt., 5'f.pc
1910 81 L.J / O lst
10000 Bos. II X l. LIST.
5000 VI 4 ~ p Id.
5uUu Chi x n W con.
5000 y j en- conv.
2UD Ced r & NJ lst..
5000 Mich Cen 1's....
5000 North Mo ist....
2Ou + lsi. ~ } br.
= 90 West Pac bds.
1000 I'm rac RR lst.
1000 IN Puc 81 .....
800 q ) i'ac bds OF Mo
1000 ID y n c rs, Oh
. shs Penn Coat. -.
30 Con Goa. OF Md b c
5 - q "A Can. =. b c
n Adams r.x ....
The New York herald., 1876-10-10
PRINTING CLOTHS MARKET.
EuROPEAN MARKE

PRovipwScn. X. l.. Oct. Q. 157a
Printing cloths quiet but firm previous prices
The New York herald., 1876-10-10
EENA NCIAI..

( + REAsoNABIE fsATiss~W0NEY ON LIFE AID
"A Endowmcnt Insurance Policies Mortgages and other
securities insurance all kinds effected with best
panes j. j. HABRICH Il Co. ll9 broadway.
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1876-05-13
ITEMS OF INTEREST.
interests.
A. w. ST. JOHN, !
@. COWARD, &c,
F. L CUTLER,

lT now appears that the true reason why
London has not yet constant water sup.
ply, and is consequently in danger of ca
lamitous CONGREGATIONS, is that forty men,
beers OF Parliament are large shareholders
IN the monopolizing London water COM
pahies.
In the House of Commons, on Nav 1.
Mr.. Maurice Brooks, member for Dublin.
COVE notice that he proposed to question
Mr.. DIsraell on the 18th instant, as to
whether he intends to advise the Queen to
extend mercy to the persons imprisoned
for breach Of allegiance to her Majesty.
The Silk Association of America has
been formally organized with Headquarters
IN New York. The avowed object of the
association is the promotion of the silk
interest by INSTRUMENTATION among
those interested.
The lead discoveries in Kansas are be-
ginning to attract much attention. The
latest discoveries have been about twenty
miles from Lawrence, on the border Of
johnson county, where prospecting has
actively commenced
The Centennial managers still fiqure tba
total outlay of the exhibition at O.. 500. 600
and the receipts already received or
pledged at " 900, 600 and hope the 81 800
fees. "-'l'''''on
LONDON, May "a twenty-four hours
walking match was begun at Q O'Clock last
nlgnt IN Agricultural Hall for purse of
", OOO, in which fourteen English pedes-
TRANS participated. One of them, named
Miles, completed fifty miles in 8 hours, 4S
minutes, 20 seconds, which is said to be the
fastest time on record. One of the walk
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1876-05-13
Bill by Mr.. Campbell.

Mr.. Campbell, ON leave, introduced ON
Z4th day OF April the following bill
bill.
To increase the circulation Of the nation
al banks, and to relieve them from the pay
ment OF the tax or duty on their cIrcula-
ton, to hqudate the national debt and
strengthen the public credit.
Be II enacted by the Senate and House
Of Representatives Of the United States Of
America in Congress assembled, That from
and after the passage of this act, the bank
ing associations now organized, or that
may hereafter be organized under the act
entitled IAN act to provide a national
currency secured by pledge Of United
States stocks, and TO provide for the cir
culation and redemption thereof" ap-
proved February twenty-fifth, eighteen
hundred and sixty three /; also, "An act
70 provide a national currency secured by
pledge Of United States bonds, and to BRO
vide for the circulation and redemption
thereof" approved June third, eighteen
hundred and sixty four, and the acts
anendatory of them, or of either Of them.
shall be relieved from the payment OF tax
or duty Of One-half Of one per centum half
yearly on their circulation as provided in
section tfty-two hundaed and fourteen of
the Revised Statutes and the Secretary
of the Treasury or Comptroller of the Chr
rency Is authorized, and it is hereby made
his duty, to deliver to the banking-associa-
lions now organized, or that may hereafter
be organized, under the acts afore me,r.
toned, circulating notes equal in amount
TO the par value of the United States bonds
deposited to secure the redemption there
of.
SEC. z. That it shall be, and it is here
oy made, the duty of the Secretary
OF the Treasury Of the United States. from
and after the passage of this act, to with
mold from any banking association organ
lzed, or to be organized, under the acts
aforementioned, the interests to accrue
on the bonds deposited with the United
states to secure the redemption Of its cir
culatlng notes, and to apply the interest
so withheld from any and all such banking
associations to the payment Of the princi7 |
pal of the interest bearing debts of the |
United States at par, as the same shall be. |
come due and payable, or due and redeem. |
able at the pleasure Of the government.
SEC. 8. That when any banking associ |
alton organized as aforesaid shall return To |
the Treasury of the United States any part |
Of its circulating notes, and shall take |
from the custody Of the United States the |
bonds deposited to secure the redemption |
thereof, It shall not be lawful for the Sc
cretary of the Treasury of the United
states or Comptroller Of the Currency to
deliver to such banking association circu-
latlng-notes beyond the amount to which
the volume of its circulation shall have