Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1881-01-27

hardly to leave trace of their previous exist
ence. DIR. Blumenau's valuable library and
private papers and manuscripts were irrepara
bly, damaged, and his botanical garden, that
had been carefully cultivated for twenty-five
years, was partly uprooted and destroyed, and
partly buried in mud. Most of the colOnista
are destitute.
The Funding Bin.
WASHINGTON, January 10.
FOLLOWING is the full text of the Funding
bill as finally passed by the House to-day:
SECTION L. Be it enacted, etc. That all ex.
listing provisions of the law authorizing the re-
funding of the National debt shall apply to
any bonds Of the United States bearing high.
er rate of interest than "A per cent. per annum
which may hereafter become redeemable; pro-
vided that, in lieu Of the bonds authorized to
be issued by the act Of July II, 1870, entitled
IAN act to authorize the refundiny of the
National debt" and acts amendatory there
to, and the certificates authorized by the
act of February 26, 1873, entitled IAN act to
authorize the issue of certificates of de-
posit in aid of the refunding of the
public debt" the Secretary of the Treasury is
hereby authorized to issue bonds in an amount
not exceeding 800, 100000, which shall bear in
terest at the rate Of three per cent. per an
mum. redeemable at the pleasure of the
United States after five years, and payable
ten years from date of issue, and also certifi-
Gates to the amount of $500 900, in denomi-
nations of $40, $50 or $50, either registered or
coupon, bearing interest at the rate of three
per cent. per annum, redeemabe at the pleas
ure of the United States after one year, and
payable in ten years from date. The bonds
and certificates shall be in all other respects of
like character, and subject to the same provis-
ions as the bonds authorized to be issued
by the act of July IA, 1870, entitled " An
act to authorize the refunding of the
National debt" and acts amendatory thereto;
provided, that nothing in this act shall be so
construed as to authorize an increase of tn g
public debt; and provided, further, that in
terest upon the six-per-cent. bonds hereby au-
thOriZed to be refunded shall cease at the
expiration of thirty days after notice that the
same have been designated by the Secretary
of the Treasury for redemption.
Sec. g The Secretary of the Treasury is
hereby authorized, in process of refunding the
National debt, to exchange, at not less than
par, any bonds or certificates herein author
lied for any of the bonds of the United States
outstanding and uncalled bearing a higher
rate of interest than ~ per cent. per annum,
and on bonds so redeemed the Secretary Of the
Treasury may allow to holders the difference
between the interest on such bonds from the
date of exchange to the time of maturity, and
the interest for like period on the bonds or
certificates issued: but none ofthe provisions
of this act shall apply to the redemption or
exchange of any of the bonds issued to the
Pacific Railway Companies, and the bonds so
received and EXCHANGED in pursuance of the
provisions of this act shall be Cancelled and
destroyed.
SEC. g. Authority to raise bonds and certifi-
Gates to the amount necessary to carry out the
provisions of this act is hereby granted, and
the Secretary of the Treasury is hereby au-
thorized and directed to make suitable rules
and regulations to carry this act into effect;
provided, that the expenses of preparing, issu-
ing. advertising and disposing of the bonds
and certificates authorized to be issued shall
not exceed one-fourth of one per cent.
SEC. 4. That the Secretary of the Treasury is
hereby authorized, if in his opinion it shall be-
come necessary, to use not exceeding $4,000
O0U of the standard gold and silver coin I'm the
Treasury in the redemption of the five and six
percent bonds of the United States, authorized
to be refunded by the provisions Of this net,
and he may, at any time, apply the surplus
money I'm the Treasury, not otherwise appro-
priated, or so much thereof as he may consider
proper, to the purchase or redemption Of
United States bonds or certificates: provided,
that the bonds and certificates SO purchased
Or redeemed shall constitute no part OF the
Sinking fund, but shall be Cancelled.
SEC. s. From and after the first day OF May,
1881 the three-per-cent. bonds authorized by
the first section of this act shall be the only
bonds receivable as security for National-bank
or as security for the safe-keep
ing and prompt payment of public money de-
posted with such banks: but when any such
bonds deposited for the purpose aforesaid
shall be designated for purchase or redemp-
ton by the Secretary of the Treasury. the
banking association depositing the same shall
thn vitrhf To 1hcfi ftrta IA
bonds of the United States in lieu thereof;
provided, that no bond upon which interest
has cease shall be accepted or shall be contfn-
ued on deposit as security for the circulation
or for the safe-keepng of the public money;
q I'd in case the bonds so deposited shall not be
as provided by law, within thirty
d iys after interest has ceased thereon, the
banking association depositing the same shall
be sub ect to the liabilities and proceedings
on the part of the Comptroller provided for in
Sec >, ~ of the Revised Statutes of the United
STAKES; and provided, further, that Sec. 4 of
the act of June 20, 1874, entitled IAN act fixing
the amount of United States notes, providing
for a redistribution of the National Bank cur
rency and for other purposes" be, and the
same is hereby, repealed, and Secs. $3.50 and
3 LEO of the Revised Statutes of the United
States be, and the same are hereby, re-en-
acted. W- ,.H. Er
SEC. 6. That this act shall be known as 1.-The
Funding Act of $751; and all acts and parts of
acts inconsistent with this act are hereby re-
pealed. s-5..t,-it
The Episcopalians of st. Louis
dubbed together lately. hired theater
for q week. paid the manager the salary
Of the players, selecting. of course. a
moral play, and at the close turned
over the profits to the local charity for
the sake of which this new departure
was made.
"A nest of little gray mice with shiny
life-like eyes Of jet was lately seen
upon Quaker gray plush bonnet worn
by Unknown LAZY milliner in Paris.
--Venuor has been offered position
in the Weather Bureau at Washington.