Waterbury evening Democrat., 1895-02-14

to Authorize the Refunding of the Nation al Debt"
 Now. therefore, the said parties of the second part hereby agree to sell and de- liver to the United States 8, 500. o01 ounces of standard gold coin of the United States at the rate of $17.s04Il per ounce. paya- ble in United States per cent 80 year coupon or registered bonds. said bonds to be dated Feb. l and payable at the pleas ure of the United States after 30 years from date. issued under the acts of con- gress of July II. 1870. Jan. 2O 1871, and Jan. II, 1875. bearing interest at the rate of per cent per annum, payable quar- terly.
 The Conditions.
 First-Such purchase and sale of gold coin being made on the following condi- tions:
 l. At least one half of all coin deliver able hereunder shall be obtained in and shipped from Europe but the shipments shall not be required to exceed 500, 900 ounces per month unless the parties of the second part shall consent thereto.
 ?. All deliveries shall be made at any of the subtreasuries or at any other legal depository of the United States.
 3. All gold coins delivered shall be se- cured on tho basis of 25 S-lO grains of standard gold per dollar if within limit Of tolerance.
 1. Bonds delivered under this contract are to be delivered free of accrued inter est which is 10 be assumed and paid by the parties of the second part at the time of their delivery to them 'Second-Should the secretary of the treasury desire to offer or sell any of tho bonds of the United States on or before the lst of October. he shall first offer the same u the parties of tho second part. but thereafter he shall .e free from every such obligation to the parties of the sec ond part
 Third-The secretary of the reasury hereby reserves tho right within ton days from tine date lcrcof. in case he shall re- | ccive authority from congress therefor. to ] substitute any bonds of the United States bearing per cent interest of which the l principal and interest shall be specifically payable in United Statcs gold coin of the present weight and incness. for the bonds | herein alluded to. suCh per cent bonds to be accepted by the parties of the second | part at par-i q at SIS. 60465 per ounce of standard gold.
 | Fourth No bonds shall be delivered to | the parties of the $, cOnd part or either of them except in payment for coin from | time to time received hereunde-, where 1 upon the secretary of the treasury of the l | nllBNl ~Illlt5 SslalI anu WILL uGllNSE JuS bonds as herein provide at such places as shall be designated by the parties of the second part Any expense of delivery out of tho nited States shall be assumed and | paid by the parties of the second part. 1 Fif;h-ln cons doration of the purchase of such coin the parties of the second part and their associates hereunder assume and will bear all the expense and inevitable loss of bringing gold from Europe here under. and far as lies in their power will exert all financial influence and will | make all legitimate e,Eo~ts to protect the treas " of the | nitCd states against l withdrawa.s o' sold pending the t0mi !ctC | performance us lis ,Ontra
 In witness whereof the parties horetC have hcrcunto set their hands in five parts this >th day of February. !. C. CARLISLE,
 e r,tary Of the Treasury. -ArGJST BELMONT X Co.,. | On behalf of McssrS. W. M. Roihschild X Sons ondHn. and themselves
 T r. MORGAN X Co.
 On tehalt O Mcssrs J. r. Morgan & Co.
 Londun, anl themselves.
 Attest:
 W. E. CURTIS.
 FRANCIS LINDE STETsoN.