New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-07-11

National bank which makes any deposit OF
notes shall be entitled to receive any increase OF It's cir
cuaton for the period OF six months from the time u
aforesaid provided that pot more than s3OOoOCo Of
lawful money shall be deposited during any calendar
provisions OF this section shall apply to bonds called
for redemption by the Secretary OF the Treasury nor
to the withdrawal Of circulating notes In consequence
SIC ioTnt deposit Of bonds as described Ss
n's ss. ssfa,sn the United ssss;
bank currency and for other purposes approved June,
1874 and modified by section Of this act the s s
citation making shall be entitled TO receive
the Controller Of the Currency circulating notes OF ar
ferent denominations in blank, registered oo nnd
n to % pSs GHT 1,;s%
States bonds 50 transferred and delivered and at
time shall the total amount OF such notes ssaeu 70 n
such time actually paid in OF its capital stock and the
provisions OF sections 517l and 5l70 OF the he'iseu
SEC. lI--That the Secretary of the Treasury Is
hereby authorized TO receive at the Treasury any rs
issue in exchange therefor equal amount OF %
bonds OF the United states OF the VI
prescribe bearing interest OF the of per cent per
annum payable quarterly at the Treasury on .ne & Nv
under State authority, and be payable NJ ~. .ho
pleasure Of the United states; provided sIa IN
and paid so long rs any bonds OF the Hn,.eu
States heretofore issued, bearing ngher ratc y, az
the pleasure of the United States shall be w
and uncaled The last OF the sad bonus 9TH h rs
sued under this and their substitutes snail pe mrs.
called in ana this order OF payment snail VIC ion'"N
until all shall have been paid ,...-
SEC I2That the Secretary OF the Treasury II autho-
lied and directed TO receive deposits OF gold COIN WIN
the Treasurer Assistant Treasures Of the onltea
States, i'm not less than 500 and TO Issue Gel
cat s therefor. 10 denominations OF not less sna 81
each. corresponding with the DENOMINATIONS Oh e
States notes The coin deposited for or representing tne
certificates OF deposit, shall beretained In the ILe
said t oSpcIes shall be feeeyaSe for Customs
and all public dues, and when received may De re-
issued, and such uhcates, as also silver
counted OF it's lawful reserve and no Nalonh
banking association shall be member or any clearing
house which certificates snail not 90 TeceYaDle
in the settlement OF clearing house balances PROVIDED
the Secretary Of the Treasury shall suspend inc
issue Of such gold certificates whenever the amount OF
the redemption of United States notes falls below
$l0O,OOO,0OO, and the provisions oil section
5207 OF the Revised Statutes snail be applicable 10 the
certificates herein authorized directed to be Issued
SEC. -. - That any officer. clerk or agent oi any
National banking association wnO snail wlfuly Violate
the provision, OF ali act entitled An act In reference To
cert yng cnecks by National banks" approved Maren
s. 1863, being section 32OS OF the eylsed Statutes Vi
the United States, shall resort to any device or
any fictitious obligation, direct or collateral III
order to evade the provisions thereof or VINO sha GER
THY before the amount thereof shall nave Deen
regularly entered 10 credit OF the dealer upon Tue
books OF the banking assOcatOn shall De deemed guilty.
or mlsdemeanOr, ana SNAIL on CONVICTION Thereon III
any CIculC District Court or the United states
be fined not more tnan 30 0OO shall be Imprisoned
not than i've years, or bOtl, III the scretlOn VI
the court a..
SEC I4-That Congress may at any time amend, alter
repeal tls act anC the acts VI WHICH InS - auenu
tory.
There appears TO be no question that the senate VIII
tomorrow concur with the House in adopting the
port OF the conference committee and the bill will uu-
doubedly be signed by the President aud go upon the
statute books IN the terms just gwen