former act Penalties of SEC. 8. And be it further enacted, That, in order to preagainst counter-vent and punish counterfeiting and fraudulent alterations feiting, &c., made applicable. of the bonds, notes, and fractional currency authorized to 1862, ch. 33, 88. be issued by this act, all the provisions of the sixth and 6, 7. seventh sections of the act entitled "An act to authorize Ante, pp. 47, 48. the issue of United States notes, and for the redemption or funding thereof, and for funding the floating debt of the United States," approved February twenty-fifth, eighteen hundred and sixty-two, shall, so far as applicable, apply to the bonds, notes, and fractional currency hereby authorized to be issued, in like manner as if the said sixth and seventh sections were hereby adopted as additional sections of this act. And the provisions and penalties of said sixth and seventh sections shall extend and apply to all persons who shall imitate, counterfeit, make or sell any paper such as that used, or provided to be used, for the fractional notes prepared, or to be prepared, in the Treasury Department building, and to all officials of the Treasury Department engaged in engraving and preparing the bonds, notes, and fractional currency hereby authorized to be issued, and to all official and unofficial persons in any manner employed Appropriation under the provisions of this act. And the sum of six hunfor expenses of this act. dred thousand dollars is hereby appropriated, out of any money in the Treasury not otherwise appropriated, to enable the Secretary of the Treasury to carry this act into effect. Approved March 3, 1863. March 3, 1864. Vol. XIII, p. 13. Ante, p. 54. CHAP. XVII.-AN ACT SUPPLEMENTARY TO AN ACT ENTITLED "AN AND SIXTY-THREE. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That in lieu of so much of the loan authorized by the act of March third, eighteen hundred and sixty-three, to which this is Secretary of the supplementary, the Secretary of the Treasury is authorized Treasury may borrow not over to borrow, from time to time, on the credit of the United $200,000,000 and issue therefor States, not exceeding two hundred millions of dollars five-forty bonds. during the current fiscal year, and to prepare and issue therefor coupon or registered bonds of the United States, See s. 3, post, bearing date March first, eighteen hundred and sixty-four, or any subsequent period, redeemable at the pleasure of the government after any period not less than five years, and payable at any period not more than forty years from date, Denominations. in coin, and of such denominations as may be found expe p. 65. not over 6 per cent., of. dient, not less than fifty dollars, bearing interest not exceed- Interest ing six per centum a year, payable on bonds not over one payable in coin. hundred dollars, annually, and on all other bonds semi-annually, in coin; and he may dispose of such bonds at any How disposed time, 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; and all bonds issued under this act shall be exempt from taxation by or under State or municipal authority. And the Secretary of Appropriation the Treasury shall pay the necessary expenses of the prepa- to ration, issue, and disposal of such bonds out of any money cent. in the Treasury not otherwise appropriated, but the amount so paid shall not exceed one-half of one per centum of the amount of the bonds so issued and disposed of. Exempt from taxation. R. S., 3701, post, p. 133. for expenses, not exceed onehalf of one per subscribers. SEC. 2. And be it further enacted, That the Secretary of Five twenty bonds may be is the Treasury is hereby authorized to issue to persons who sued to certain subscribed on or before the twenty-first day of January, eighteen hundred and sixty-four, for bonds redeemable after five years and payable twenty years from date, and have Post, p. 63. paid into the Treasury the amount of their subscriptions, the bonds by them respectively subscribed for, not exceeding eleven millions of dollars, notwithstanding that such subscriptions may be in excess of five hundred millions of dollars; and the bonds so issued shall have the same force and 1862, ch. 33, ante, effect as if issued under the provisions of the act to "authorize the issue of United States notes and for other purposes," approved February twenty-sixth [fifth], eighteen hundred and sixty-two. Approved March 3, 1864. p. 44. [No. 20.] JOINT RESOLUTION TO AUTHORIZE THE SECRETARY OF THE TREASURY TO ANTICIPATE THE PAYMENT OF THE INTEREST ON THE PUBLIC DEBT, AND FOR OTHER PURPOSES. March 17, 1864. Vol. XIII, p. 404. Secretary of the Treasury may anticipate the in Be it resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of the Treasury be authorized to anticipate the payment of interest on the public debt, by a period not ex- lic debt. ceeding one year, from time to time, either with or without R. S., 3699, post, terest on the pub. p. 132 a rebate of interest upon the coupons, as to him may seem ex- p. 44. 1862, ch.33,ante, February twenty-fifth, eighteen hundred and sixty-two, shall not be impaired thereby. Approved, March 17, 1864. April 22, 1864. Vol. XIII, p. 54. weight, &c., of mint. See act Feb. 22, p. 25. 93. Act Feb. 12, to be coined. Ibid. CHAP. LXVI.-AN ACT IN AMENDMENT OF AN ACT ENTITLED “AN Be it enacted by the Senate and House of Representatives of Standard the United States of America in Congress assembled, That, from and after the passage of this act, the standard weight of the cent coined at the mint of the United States shall be 1867, s. 4, ante, forty-eight grains, or one-tenth of one ounce troy; and said cent shall be composed of ninety-five per centum of copper, 1873, s. 16, post, p. and five per centum of tin and zinc, in such proportions as shall be determined by the director of the mint; and there Two-cent pieces shall be, from time to time, struck and coined at the mint a two-cent piece, of the same composition, the standard weight of which shall be ninety-six grains, or one-fifth of one ounce troy, with no greater deviation than four grains Shape, devices, to each piece of said cent and two-cent coins; and the shape, mottoes, and devices of said coins shall be fixed by the director of the mint, with the approval of the Secretary of the Treasury; and the laws now in force relating to the coinage of cents and providing for the purchase of material and prescribing the appropriate duties of the officers of the mint and the Secretary of the Treasury be, and the same are hereby, extended to the coinage herein provided for. &c. Present laws extended thereto. p. 140. SEC. 2. And be it further enacted, That all laws now in force relating to the coins of the United States and the striking and coining the same shall, so far as applicable, be exR. S., 5462, post, tended to the coinage herein authorized, whether said laws are penal or otherwise, for the security of the coin, regulating and guarding the process of striking and coining, for preventing debasement or counterfeiting, or for any other purpose. Director of mint to secure SEC. 3. And be it further enacted, That the director of the conformity of al- mint shall prescribe suitable regulations to insure a due loy in such coins. conformity to the required weights and proportions of alloy in the said coins; and shall order trials thereof to be made from time to time by the assayer of the mint, whereof a report shall be made in writing to the director. Such coins to be legal tender and for sums. SEC. 4. And be it further enacted, That the said coins shall what be a legal tender in any payment, the one-cent coin to the amount of ten cents, and the two-cent coin to the amount Repealed. of twenty cents; and it shall be lawful to pay out said coins in exchange for the lawful currency of the United States, (except cents or half cents issued under former acts of Congress,) in suitable sums, by the treasurer of the mint, and by such other depositaries as the Secretary of the Treasury may designate, under general regulations proposed by the director of the mint and approved by the Secretary of the Treasury; and the expenses incident to such exchange, distribution, and transmission may be paid out of the profits of said coinage; and the net profits of said coinage, ascertained in like manner as is prescribed in the second section of the act to which this is a supplement, shall be transferred to the treasury of the United States. making coins inpassed as cents, p. 140. SEC. 5. And be it further enacted, That if any person or Penalty for persons shall make, issue, or pass, or cause to be made, is-tended to be sued, or passed, any coin, card, token, or device whatsoever, in metal or its compounds, intended to pass or be passed as money for a one-cent piece or a two-cent piece, such person R. S., 546, post, or persons shall be deemed guilty of a misdemeanor, and shall, on conviction thereof, be punished by a fine not exceeding one thousand dollars, and by imprisonment for a term not exceeding five years. Approved, April 22, 1864. CHAP. CLXXII.-AN ACT TO PROVIDE WAYS AND MEANS FOR THE June 30, 1864. Vol. XIII, p. 218. able. Be it enacted by the Senate and House of Representatives of Post, p. 70. the United States of America in Congress assembled, That the Secretary of the Treasury may Secretary of the Treasury be, and he is hereby, authorized borrow $400,000,000 and issue to borrow, from time to time, on the credit of the United bonds, &c. States, four hundred millions of dollars, and to issue therefor coupon or registered bonds of the United States, redeemable at the pleasure of the government, after any When redeemperiod 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 said bonds shall be of Denomination. such denominations as the Secretary of the Treasury shall direct, not less than fifty dollars, and bear an annual interest not exceeding six per centum, payable semi-annually in coin. And the Secretary of the Treasury may dispose How bonds may of such bonds, or any part thereof, and of any bonds commonly known as five-twenties remaining unsold, in the Ante, p. 61, s. 2. United States, or if he shall find it expedient, in Europe, at any time, on such terms as he may deem most advisable, for lawful money of the United States, or, at his dis Interest semiannually in coin. be disposed of. of the United cretion for Treasury notes, certificates of indebtedness, All obligations or certificates of deposit issued under any act of Congress. States to be ex- And all bonds, Treasury notes, and other obligations of the empt from taxation. United States shall be exempt from taxation by or under R. S., 3701, post, State or municipal authority. p. 331. Secretary may issue in lieu of $200,000,000 p. 109. and when payable. able in lawful money. R. S., 3590, post, p. 130. p. 110. to be convertible into bonds. SEC. 2. And be it further enacted, That the Secretary of part of loan the Treasury may issue on the credit of the United States, Treasury notes. and in lieu of an equal amount of bonds authorized by the R. S., 3473, post, preceding section, and as a part of said loan, not exceeding two hundred millions of dollars, in Treasury notes of any Denominations, denomination not less than ten dollars, payable at any time not exceeding three years from date, or, if thought more expedient, redeemable at any time after three years from Interest pay date, and bearing interest not exceeding the rate of seven and three-tenths per centum payable in lawful money at maturity, or, at the discretion of the Secretary, semiHow may be annually. And the said Treasury notes may be disposed disposed of. of by the Secretary of the Treasury, on the best terms that How far to be can be obtained, for lawful money; and such of them as legal tender. 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 interest, and may be R.S., 3476, post, paid to any creditor of the United States at their face value, excluding interest, or to any creditor willing to Treasury notes receive them at par, including interest; and any Treasury notes issued under the authority of this act may be make convertible, at the discretion of the Secretary of the Treasury, into any bonds issued under the authority of this act. May be sub. And the Secretary of the Treasury may redeem and cause notes of previous 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 Amount of act, or of other United States notes: Provided, That the not to exceed total amount of bonds and Treasury notes authorized by the first and second sections of this act shall not exceed four hundred millions of dollars, in addition to the amounts Notes not to ex- heretofore issued; nor shall the total amount of United States notes, issued or to be issued, ever exceed four hundred millions of dollars, and such additional sum, not exceeding fifty millions of dollars, as may be temporarily Interest-bear- required for the redemption of temporary loan; nor shall gal tender for the any Treasury note bearing interest, issued under this act, culationof banks. be a legal tender in payment or redemption of any notes issued by any bank, banking association, or banker, calcu lated or intended to circulate as money. stituted for the issues. bonds and notes $400,000,000. ceed, &c. ing notes not le redemption of cir |