The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1882-02-08

oooyeoo shall - deposited fhr ths par-
nose In any one month. The last aWend-
msat NJ added to prevent the banks
from too suddenly sontraeting tho cur
rency Of the country. The following b
the full text OF the bill ~ II passed the
Senate.
Be It enacted, etc., that the Secretary
Of the Treasury il hereby authorised 70
receive ut the Treasury and 1t the once
of any Assistant Treasury Of the United
States, and at any postal money order
Offices, lawful money of the United
States to the amount Of SO, and any
multiple of that sum, or any bOnds OF
the United States bearing 3! per centum
interest, which are hereby declared val
i'll. aud to issue in exchange therefor an
equal amount of registered or coupon
bonds of the United States, Of the de-
nomination Of $50, 500, $50, $l,OW,
$40 OA, OF sucl, form AS he may prescribe,
bearing interest ut the rate Ot 5 per cent.
ner snnum. payable either quarterly or
senli annually ut the Treasury Of the
United states. Sucl bonds shall be ex-
emp: from taxation by or under State
authority, aud he payable 1T the pleas
urc OF the United States; 2''"tidcr,
ti,at the bonds herein authorized shall
not be called il! .:si.l paid sd long AS any
bonds ot ti.r United States heretofore
issued "A. Il higher rate Of interest than
:; ps.r cent, and which shall tw redeem
..i3ie 1T Tie pleasure II the niteti states,
shall !,c outstanding and uiicall.al. The
last of bonds originally i>,uetl. and their
substitutes under Tie act, shall lie first
called in, and this order of payment
shall lie followed uil:ii all shall have
been paid. Slonvy deposits under this
act shall ic promptly applied solely 10
the redemption Oi the bonds "f the
United States hearing 3: per ccntuni III
tcrcst, and the aggregate amounts Of t;e--
post. made and imn;i:, ISSUED under ;sis
act shall not exceed the SUM or So'''.-
900. The amount of lawful n,u:>y
80 received on Il. p,sit as aforesaid, si.all
rot exceed IT any time the SUM- 81; 49,
.NsI,tM.
Before any deposits are received at
any n,>tai money order office under |
this act the postmaster ut such office !
shall file with the Secretary Of the |
Treasury his in,nd with satisfactory ST.
curl, V that he will rrsAnptly TRANSMIT IT,
tlre Treasurer of the United States the
,nullty received hy him in conformity
with Tic regulations IT, NC prt>crit~N ny
'!ich Secretary. and thc deposit with
any postmaster >:iaIi not at amy time ex-
reed tic amount Of his bond.
:Ita.. ,. ANY national banking as>ncia-
ion now organized Or hereafter o.ya::-
Ize,i dcsirjn. 10 Withdraw its circula-
ling notes u!"il de.H'sit "f Lawful! money
" :th Tie Treasurer ~ the Cnitrt! States
,s pIovi':,u in section /, Of the act OF
Tune 2i,!Ii. iS74, entitled IAN act fixing
he amount OF United States notes. pro-
wiling :or the Repatriation "I bank cur
,n.y. and tor purposes shall l.e r,'4uic-
1t t. give thirty days NOTES 10 the Comp
Keller of the currency of its intention
q deposit lawful money and
withdraw its circulating nnte>: P!wTi:'-
u. hat not More than Si.s.n,.;rO E;w:::i
!."i.ev shall bc s!rio>itc,! DARN. an,
a;em:ar nl"nth for this ll.r."'~..: And
,, u. ;,i'H .J"tt!''r. that the provisions Of
- section stall not apply 10 bonds
= i.s! inr redemption by the Secretary
}. the Treasury.
;iEE.::. Iim: nothing in this act shall
" % cOn,;ru III as to ~ t!InviZe any i'll
rc;s>e oi the public debt.