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20-year sixes... 20 years After June 30,6 per cent per Par.. Exchange'ble

1891.
annum,

for 7.30 notes.

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Five-twenties.. 5 or 20 After April 30, 6 por cent.... Par.. $515,000,000 $514, 771, 600 514, 771, 600 00

| years. 1867.

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Goldcertificates........ On demand ..... ............ Not specified ...........
Ten-forties.... 10 or 40 After Feb. 23, 5 per cent.... Par.. 200,000,000 196, 117, 300

1 years. 1874

30, 489, 640 00 194, 567, 300 00

Five-twenties..5 or 20 After Ort. 31,6 per cent.... Par..........

1 years. 1869.

3, 882, 500 00

12, 000 00

Certificates of 1 year.. 1 year after dato 6 per cent.... Par.. Not specified !.

indebtedness. Postal currency...

........ Not specified

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Statement of the indebtedness of

:

Acts authorizing loans, and synopsis of same.

Act of March 3, 1863 than five dollars, except duties on imports. The whole amount issued, includ.
Continued.

ing postage and other stamps issued as currency, not to exceed $30,000,000.
Authority was given to prepare it in the Treasury Department, under the

supervision of the Secretary.
Act of June 30, 1864.. Authorized issue in lieu of the issuo under acts of July 17, 1862, and March 3,

1863, the whole amount outstanding under all these acts not to exceed

850,000,000.
Act of June 30, 1864.. Authorized the issue of $400.000.000 of bonds redeemable at the pleasure of the

government after any period not less than five nor more than thirty years, or,
if deemed expedient, made payable at any period not more than forty years
from date. And saill bonds shall bear an annual interest not exceeding six
per centum, payabio semi-annually in coin. And the Secretary of the Treasury
may dispose of such bonds, or any part thereof, and of any bonds commonly
known as five-twenties, remaining unsold, on such terms as he may deem
most advisable, for lawful money of the United States, or, at his discretion,
for treasury notes, certificates of indebtedness, or certificates of deposit,

issued under any act of Congress.
Act of March 3, 1863.. Authorizes an issue of treasury notes, not exceeding three years to run, interest

at not over six per cent. per annum, principal and interest payable in lawful

money. Act of June 30, 1864..

84. Also authorizes the issue of and in lieu of an equal amount of bonds authorized

by the first section, and as a part of said loan, not exceeding $200,000,000 in
treasury notes of any denomination not less than $10, payable at any time
not oxceeding three years from date, or, if thought more expedient, redeemable
at any time after three years from date, and bearing interest not exceeding
the rate of 7 3-10 per annum, payable in lawful money at maturity, or, at the
discretion of the Secretary, semi-annually; and such of them as shall be
made payable, principal and interest, at maturity, shall be a legal-tender to
the same extent as United States notes, for their face value, excluding inter-
est, and may be paid to any creditor of the United States, at their faco value;
excluding interest, or to any creditor willing to receive them at par, including
interest; and any treasury notes issued under the anthority of this act may be
made convertible, at the discretion of the Secretary of the Treasury, into
any bonds issued under the authority of this act, and the Secretary may
redeem and cause to be cancelled and destroyed any treasury notes or United
States notes heretofore issued under authority of previous acts of Congress,
and substitute in lieu thereof an equal amount of treasury notes, such as are
authorized by this act, or of other United States notes; nor shall any treasury
note bearing interest issued under this act be a legal-tender in payment or
redemption of any notes issued by any bank, banking association, or banker,

calculated or intended to circulate as money.
Act of Jan. 28, 1865... Whole amount may be issued in bonds, or treasury notes, at the discretion of

the Secretary.
Act of March 3, 1865.. Authorized an issue of $600,000,000 in bonds or treasury notes; bonds may be

made payable at any period not more than forty years from the date of issue,
or liay be made redeemable at the pleasure of the government, at or after
any period not less than five years nor more than forty years from date, or
may be made redeemable and payable as aforesaid, as may be expressed upon
their face, and so much thereof as may bo issued in treasury notes may be
made convertible into any bonds authorized by this act, and be of such
denominations not less than fifty dollars, and bear such dates, and be made
redeemable or payablo at such periods as the Secretary of the Treasury may
deem expediont. The interest on the bonds payable semi-annually, or
annually, or at maturity thereof; and the principal or interest, or both, be
made payable in coin or other lawful money ; if in coin, not to exceed 6 per
cent. per annum; when not payable in coin, not to exceed 73-10 per cent.

per annum. Rate and character to be expressed on bonds or treasury notes. Act of April 12, 1866, Authorizes the Secretary of the Treasary, at his discretion, to receive any

amendment to act treasury notes or other obligations issued under any act of Congress, whether
of March 3, 1865. bearing interest or not, in exchange for any description of bonds authorized

by the act to which this is an amendment; and also to dispose of any descrip-
tion of bonds authorized by said act, either in the United States or elsewhere,
to such an amount, in such a manner, and at such rates as he may think
advisable, for lawful money of the United States, or for any treasury notes,
oertiticates of indebtedness, or certificates of deposit, or other representa-
tives of value, which have been or which may be issued under any act of
Congress, the proceeds thereof to be used only or retiring treasury notes or
other obligations issued under any act of Congress : but nothing herein con.

tained shall be construed to authorize any increase of the public debt.
Acts of July 1, 1862, Bonds issued to the Pacific railroad companies in accordance with these

and July 2, 1864. acts.
Act of March 2, 1867.. For the purpose of redeeming and retiring any compound interest notes out-

standing, the Secretary of the Treasury is authorized and directed to issuo
tomporary loan certificates in the manner prescribed by section four of the

hy increass; but votre sur

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Statement of the indebtedness of

Acts authorizing loans, and synopsis of same.

Act of March 2, 1867— act entitled "An act to authorize the issue of United States notes and for Continued.

the redemption or funding thereof, and for funding the floating debt of the United States," approved February twenty-fifth, eighteen hundred and sixty. two, bearing interest at a rate not exceeding 3 per centum per annum, principal and interest payable in lawful money on demand ; and said certificates of temporary loan may constitute and be held by any national bank holding or owning the same, as a part of the reserve provided for in sections thirtyone and thirty-two of the act entitled "An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof," approved June three, eighteen hundred and sixty. four: Provided, That not less than two-fifths of the entire reserve of such bank shall consist of lawful money of the United States: And provided further, That the amount of such temporary certificates at any time outstanding

shall not exceed fifty millions of dollars. Act of July 25, 1868... Twenty-five millions additional. Act of July 23, 1868... United States moiety of proceeds of prizes.....

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3 per ct. certif's ........ On demand .... 3 per cent. ... Par.. $75,000,000 $84, 605, 000 $52, 120, 000 00

Navy, pension

Indefi- Indefinito...... 3 per cont.... Par.. Indefinito. ..14,000,000
nite.

14,000,000 00

fund.

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