The evening times., 1900-03-14

cePtl1cateS 0ne1OuTtn at ledst slidi pC III uO
dollars or less: And provided further, That IL
Treasury may in his discretion, issue sncil Ger
nations of ten thousand dollars, payable 10 o
ffty-one hundred and ninety three OF the he'
United States is hereby repealed.
Sec. Z That hereafter silver certihcates
Of denominations of ten dollars and under, q,
ceeding in the aggregate ten per centum OF
said certificates i'm the discretion OF the Seer
urv NAV be issued in dpnOminat ions of tweni
lars, and one hundred dollars; and silver cert
nomination than ten dollars, except as here
whenever received at the Treasury or redeem
cancelled and certificates of denominations OF
Shall he substituted therefor, and after sue
whole or in part like volume of United Stat
nomination than ten dollars shall from time
and cancelled. and notes of denominations OF
ward shall be reissued in substitution theref
lies and restrictions those retired ana car
See 8 That the Secretary OF the Ireasui
lied TO use at his discretion, any silver Duli
of the United States purchased under the
taaptb eighteen hundred and ninety, for col
nominations of subsidiary silver coin as ma
meet the public requirements for such coin:
amoupt of subsidiary silver coin Outstandin
time exceed in the aggregate one hundred 4
Whenever any silver bullion purchased under
fourteenth. eighteen hundred and ninety, 81
coinaue of subsidiary silver coin. an amount
;ssued under said Act equal 70 the cost of TIA
I'm such coin shall be cancelled aud not reissu
See Q That the Secretary of the TreasuI
lied and directed TO cause all Worn and uncu
var coin of the United States now in the Trea
roceived TO be recoined. and to reimburse the
Tnited States for the difference between Il
yalue of sucb coin and the amount the same
co;n from any moneys in the Treasury not
ated.
Sac 10 That section fifty-one hundred
tbe Revised Statutes is hereby amended so as
-Saction 5l3S. No association shall be
less eapital than one hundred thousand dol
hanks with a capital of not less Than fifty tho
with the approval of the Secretary of the
lied ia any place the population of which
thousand inhabitants. and except that bank
NOT less than twenty -fge thousand dollars II
tion of the Secretary of the Trea sury, be org
+ba nonulation of which does MOI exceed thr
+ants. No association shall be Organized in 4
Of which exceeds fifty thOGsahd persons W
than two hundred thousand dollars"
Soc IL That the Secretary of the TreasI
Iynd la receive at the Treasury any of the Ol
tb,. United States bearing interest at five per
payable February first nineteen hundred al
bonds of the United States bearing interest
per annum. payable July first Nineteen hund
apy hoads of the United States bearing inter'
tum per annum. payable August first. nln
eiebr. and to issue in exchange therefor an e
non or registered bonds of the tnted States
may prescribe in denoGilnatiohS of fifty dol
thereof. bearing interest at the rate of two
num. nayabe quarterly, such Bonds to Toe |
ure of the United States after thirty wears
tbpir issue and said bonds 10 he payable, pl
in ,roId coin of the present slahuard value. al
tbp uaympnt of all taxes or dulles of the II
as from taxation in any form Toy or under :
local authority: Provided, lhl Such outstan
rereiyed in exchange at valuation not gre
ont worth to yield an income OF TWO and one
,,n,. aunum: and in consideratlon of the red
facfed the Secretary of the Treasury is auth
bolders of the outstanding bonds surrender'
of anv money in the Treasury not otherWl'
sum not greater than the difference between
computed as aforesaid and their par value.
lao made hereunder shall he held 10 be paw
the sinking fund created - sec tion thirty s
yfour of the Revised Statutes; And provid
Two ppr ccnium bonds 10 be lSSued under til
Act shall be issued at not less than par, an'
hered conspcutiycy in the order of their Il
ment is made the last numbers issued shall !
order shall be followed unti ail the bonds
eyer anv of the outstanding h9hds are calle'
ast thereon shall cease three months after ;
is hereby appropriated out OF any money IN
erwise appropriated, to erieci ne exchanges
for in this Act sum not ces1ing oncf fifte
INN of the face value OF SAD oonds. 10 pay
ua,;uo and issuing the same and other exp
TO-
Sec. 10. That upon the deposit with the
United States. by any national banking assoc
of the United States in the manner provided
association shal be entitled 1" Receive from
the Currency circulating notes IN blank, reg
signed as provided 10y law. eqnal in amount
the bonds so deposited; and any national
now having bonds on deposit Tor the secu
potes, and upon which an amount of circula
issued less than the par value Of the bonds
upon due application to the '"hlptroller of
ceive additional circulating notes in blank
will increase the circulating notes held by
the mar value of the bonds deposited. such az
hold and treated in the same WAY as circulai
banking associations heretofore issued. and :
visions of law affecting such n"tes: Provide
in,-optained shall be construed to modify or
of section fifty-one hundred and Sixty seven
utes of the United States, authorizing the q
repcy to require additional deposits of bonds
case the market value of the bonds held to 5
notes shall fall below the par value of the c
standing for which such bonds may be de
And provided further. That the circulating
national banking associations Under the pI
shall he of the denominations Prescribed by