No. 23. Appropriation for the improvement of St. Mary's River, Michigan, may be expended in excavation. A resolution authorizing the Secretary of War to expend the appropriation made July eighth, eighteen hundred and fifty-six, upon such channel of the St. Mary's River as he may select. June 9, 1858.... 371 PROCLAMATIONS.-APPENDIX. No. 48. Respecting taking the sense of the citizens of the District of Columbia, for or against the adoption of the code prepared for the District. December 24, 1857... No. 49. Respecting discriminating duties of tonnage and impost upon vessels and cargoes of the subjects of his Holiness the Pope. February 25, 1858...... No. 50. Respecting the rebellion and Mormon troubles in the Territory of Utah. April 6, 1858. No. 51. Convening an extraordinary session of the Senate for June 15, 1858. June 14, 1858. i ii iii iv PUBLIC ACTS OF THE THIRTY-FIFTH CONGRESS OF THE UNITED STATES. Passed at the first session, which was begun and holden at the City of JAMES BUCHANAN, President. JOHN C. BRECKINRIDGE, Vice-Presi- dent, and President of the Senate. and so acted until May 4, 1858. House of Representatives. JAMES L. ORR, Speaker of the CHAP. I.-An Act to authorize the Issue of Treasury Notes. Dec. 23, 1857. Issue of not over $20,000,000 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the President of the United States is hereby authorized to cause treasury notes for such sum authorized in deor sums as the exigencies of the public service may require, but not to nominations of exceed, at any time, the amount of twenty millions of dollars, and of not less than $100 each. denominations not less than one hundred dollars for any such note, to be prepared, signed, and issued in the manner hereinafter provided. cent. SEC. 2. And be it further enacted, That such treasury notes shall be How, when, paid and redeemed by the United States at the treasury thereof after the where, and to whom, issued, expiration of one year from the dates of said notes, from which dates, paid, and reuntil they shall be respectively paid and redeemed, they shall bear such deemed. rate of interest as shall be expressed in said notes, which rate of interest upon the first issue, which shall not exceed six millions of dollars of such First issue not to exceed notes shall be fixed by the Secretary of the Treasury, with the approba$6,000,000. tion of the President, but shall in no case exceed the rate of six per Rate of interest centum per annum. The residue shall be issued in whole or in part, not over six per after public advertisement of not less than thirty days, as the Secretary Residue how of the Treasury may direct, by exchanging them at their par value for issued. specie to the bidder or bidders who shall agree to make such exchange at the lowest rate of interest, not exceeding six per centum, upon the said notes: Provided, That after the maturity of any of said notes, interest thereon shall cease at the expiration of sixty days' notice of readiness to pay and redeem the same, which may at any time or times be given by the Secretary of the Treasury in one or more newspapers published at the seat of government. The payment or redemption of said notes herein provided shall be made to the lawful holders thereof, respectively, upon presentment at the treasury, and shall include the principal of each note and the interest which shall be due thereon. And for such payment and redemption, at the time or times herein specified, the faith of the United States United States is hereby solemnly pledged. Proviso. Interest when to cease. Faith of the pledged for their redemption. Form and sig SEC. 3. And be it further enacted, That such treasury notes shall be prepared under the direction of the Secretary of the Treasury, and shall natures. be signed in behalf of the United States by the treasurer thereof, and countersigned by the register of the treasury. Each of these officers Separate acshall keep in a book or books provided for that purpose separate, full, and counts of each VOL. XI. PUB.-33 note to be kept accurate accounts, showing the number, date, amount, and rate of interest by the treasurer of each treasury note signed and countersigned by them, respectively; and by the register. and also, similar accounts showing all such notes as may be paid, redeemed, and cancelled as the same may be returned, all which accounts shall be carefully preserved in the Treasury Department. And the treasurer shall account quarterly for all such treasury notes as shall have been countersigned by the register and delivered to the treasurer for issue. Account of notes paid and. cancelled to be preserved. Treasurer to account quarterly. SEC. 4. And be it further enacted, That the Secretary of the Treasury is hereby authorized, with the approbation of the President, to cause such To be issued in portion of said treasury notes as may be deemed expedient to be issued payment of pub- by the treasurer in payment of warrants in favor of public creditors, or lic creditors, &c. other persons lawfully entitled to such payment, who may choose to or for loans. receive such notes in payment at par. And the Secretary of the Treasury is further authorized, with the approbation of the President, to borrow, from time to time, such sums of money upon the credit of such notes as the President may deem expedient: Provided, That no treasNot to be dis- ury notes shall be pledged, hypothecated, sold, or disposed of in any than the princi- way, for any purpose whatever, either directly or indirectly, for any sum pal and interest. less than the amount of such notes, including the principal and interest thereof. Proviso. SEC. 5. And be it further enacted, That said treasury notes shall be Transferable by transferable, by assignment endorsed thereon by the person to whose order indorsement and the same shall be made payable, accompanied together with the delivery delivery. of the notes so assigned. SEC. 6. And be it further enacted, That said treasury notes shall be To be received received by the proper officers in payment of all duties and taxes laid by by public officers the authority of the United States, of all public lands sold by said authority, for all dues to and of all debts to the United States of any character whatever, which the United States. may be due and payable at the time when said treasury notes may be offered in payment thereof; and upon every such payment credit shall be given for the amount of principal and interest due on the note or notes received in payment on the day when the same shall have been received by such officer. SEC. 7. And be it further enacted, That every collector of the customs, receiver of public moneys, or other officer or agent of the United States Receipt to be who shall receive any treasury note or notes in payment on account of taken and entries the United States, shall take from the holder of such note or notes a ed accordingly to receipt, upon the back of each, stating distinctly the date of such pay made and allow officers. ment and the amount allowed upon such note; and every such officer or agent shall keep regular and specific entries of all treasury notes received in payment, showing the person from whom received, the number, date, and amount of principal and interest allowed on each and every treasury note received in payment; which entries shall be delivered to the treasury, with the treasury note or notes mentioned therein, and, if found correct, such officer or agent shall receive credit for the amount, as provided in the last section of this act. SEC. 8. And be it further enacted, That the Secretary of the Treasury Secretary of be and he hereby is authorized to make and issue, from time to time, Treasury to issue such instructions, rules, and regulations to the several collectors, receivers, instructions, &c. to officers. depositaries, and all others who may be required to receive such treasury notes in behalf of, and as agents in any capacity for, the United States, as to the custody, disposal, cancelling, and return of any such notes as may be paid to and received by them, respectively, and as to the accounts and returns to be made to the Treasury Department of such receipts as he shall deem best calculated to promote the public convenience and security, and to protect the United States as well as individuals from fraud and loss. SEC. 9. And be it further enacted, That the Secretary of the Treasury be and he hereby is authorized and directed to cause to be paid the Payment and principal and interest of such treasury notes as may be issued under this purchase. act at the time and times when, according to its provisions, the same should be paid. And the said Secretary is further authorized to purchase said notes at par for the amount of principal and interest due at the time of the purchase on such notes. And so much of any unappropriated money in the treasury as may be necessary for the purpose is hereby appropriated to the payment of the principal and interest of said notes. Appropriation therefor. May be issued place of those redeemed. Total outstanding at no SEC. 10. And be it further enacted, That, in place of such treasury notes as may have been paid and redeemed, other treasury notes to the same amount may be issued: Provided, That the aggregate sum outstand-in ing, under the authority of this act, shall at no time exceed twenty millions of dollars: And provided further, That the power to issue and reissue treasury notes, conferred on the President of the United States by this act, shall cease and determine on the first day of January, eighteen hundred and fifty-nine. time to exceed Appropriation SEC. 11. And be it further enacted, That to defray the expenses of engraving, printing, preparing, and issuing the treasury notes herein for expense of issuing, &c. authorized, the sum of twenty thousand dollars is hereby appropriated, to be paid out of any unappropriated money in the treasury: Provided, That no compensation shall be made to any officer whose salary is fixed by law, for preparing, signing, or issuing treasury notes. No compensation to any salaried officer SEC. 12. And be it further enacted, That if any person shall falsely therefor. make, forge, or counterfeit, or cause or procure to be falsely made, forged, The forging, &c. thereof, or or counterfeited, or willingly aid or assist in falsely making, forging, or the passing, &c. counterfeiting, any note in imitation of or purporting to be a treasury or the attemptnote, issued as aforesaid, or shall pass, utter, or publish, or attempt to forged notes ing to pass, &c. pass, utter, or publish, as true, any false, forged, or counterfeited note, made a felony. purporting to be a treasury note as aforesaid, knowing the same to be falsely made, forged, or counterfeited, or shall falsely alter, or cause or procure to be falsely altered, or willingly aid or assist in falsely altering any treasury note issued as aforesaid, or shall pass, utter, or publish, or attempt to pass, utter, or publish as true, any falsely altered treasury note, issued as aforesaid, knowing the same to be falsely altered, every such person shall be deemed and adjudged guilty of felony; and being thereof convicted by due course of law, shall be sentenced to be impris- Penalty. oned and kept at hard labor for a period not less than three years nor more than ten years, and to be fined in a sum not exceeding five thousand dollars. The engraving, SEC. 13. And be it further enacted, That if any person shall make or engrave, or cause or procure to be made or engraved, or shall have in his custody and possession any metallic plate engraved after the similitude or possession, &c. of an engraved of any plate from which any notes issued as aforesaid shall have been plate, or the posprinted, with intent to use such plate, or cause or suffer the same to be session of blank used in forging or counterfeiting any of the notes issued as aforesaid, notes, or paper for making such or shall have in his custody or possession any blank note or notes engraved notes, with inand printed after the similitude of any notes issued as aforesaid, with tent, &c. punishable by fine and intent to use such blanks, or cause or suffer the same to be used in forging imprisonment. or counterfeiting any of the notes issued as aforesaid, or shall have in his custody or possession any paper adapted to the making of such notes, and similar to the paper upon which any such notes shall have been issued, with intent to use such paper, or cause or suffer the same to be used, in forging or counterfeiting any of the notes issued as aforesaid, every such person, being thereof convicted by due course of law, shall be sentenced to be imprisoned and kept to hard labor for a term not less than three nor more than ten years, and fined in a sum not exceeding five thousand dollars. SEC. 14. And be it further enacted, That it shall be the duty of the Monthly stateSecretary of the Treasury to cause a statement to be published monthly ment of notes |
