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Acts Authorizing Loans, and Synopsis of same.
Act of March 3, 1863. Authorized an issue not exceeding $50,000,000, in fractional
currency (in lieu of postage or other stamps), exchange able for United States notes in sums not less than three dollars, and receivable for any dues to the United States less than five dollars, except duties on imports. The whole amount issued, including postage and other stamps issued an currency, not to exceed $.54), n00,000. Authority was given to prepare it in the Treasury Departmont, un
der the supervision of the Secretary. Act of June 30, 1864.. Authorized an issue in lieu of the issue under acts of July
17, 1862, and March 3, 1863, the whole amount outstanding
under all these acts not to exceed $50,000,000. Act of June 30, 1864..
Authorized an 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 ex pedient, made payable at any period not more than forty years from date. And said bonds shall bear an annual interest not exceeding, 6. per centum, payable semiannually in coin. And the Secretary of the Treasury may dispose of such bunds, or any part thereof, and of any bonds commonly known as five-twenties, remaining un sold, on such terms as he may deem most advisable, for la
money of the United States, or, at his discretion, for Treasury notes, certificates of indebtedness, or cer
tificates of deposit, issned 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 6 per cent. per annum, Act of June 30, 1864.. principal and interest payable in lawful money. Also,
authorizes the issue of, and in lieu of, an equal aniount 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 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 date, and bearing interest not exceed. ing the rate of 7 3-10 per centum, 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 interest, and may be paid to any creditor of the United States, at their face value, excluding interest, or to any creditor willing to receive them at par, including interest; and any 'Treasury notes issued under the authority of this act, may be made eonvertible, 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 canceled 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 anrount of Treasury notes, such as are authorized by this act, or of other Uuited States notes; nor shall any Treas. ury note bearing interest, issued under this act, be a legal tender, in payment or redemption of any notes is. sued by any bank, banking association, or banker, calcu.
lated or intended to circulate as money. Act of Jan, 28, 1865.. Whole amount may be issned in bonds or Treasury notes, at
the discretion of the Secretary. Act of March 3, 1865. Authorized an issue of $6410,000,000 in bonds or Treasury
notes ;. bonds may be made payable at any period not more than forty years from the date of insue, or may 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 be issued in Troasury notes
Treasury 3 years. 3 years af- 6 % Par.
ter date. comp'd
int'est. Treasury 3 years. 3 years af- 6% Substit'te 177,045,770 }122, 394, 480 ON notes.
ter date. comp'd redeemed
int'est. 5% notes. Treasury 3 years. 3 years af
ter date. comp'd
7.30 Treas. 3 years. 3 years af- 7.30% p. Par.
ter Aug’t annum
(See p. 327)
Acta Authorizing Loans, and Synopsis of same.
Act of March 3, 1865, may be made convertible into any bonds authorized by this (Continued.)
act, and be of such denominations, not less than fifty dollars, and bear such dates, and be made redeemable or pay. able at such periods as the Secretary of the Treasury may deem expedient. The interest on the bonds payable semiannually; on Treasury notes semi-annually, or annually, or at maturity thereof; and the principal or interest, or both, be made payable in coin or other lawful money; it in coin, not to exceed 6 per cent. per annum; when not payable in coin, not to exceed 7 3-10 per cent. per annum. Rate and character to be expressed on bonds or Treasury
notes. Acts of April 12, 1866, Authorizes the Secretary of the Treasury, at his discretion,
amendment to act to receive any Treasury notes or other obligations issued March 3, 1865......... under any act of Congress, whether 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 description of bonds authorized by said act, either in the United States or elsewhere, to such an amount, in such manner, and at such rates as he may think advisable, for lawful money of the United States, or for any Treasury notes, certificates of indebtedness, or certificates of deposit, or other representatives of value, which have been or which may be issued under any act of Congress, the proceeds thereof to be used only for retiring Treasury notes or other obligations issued under any act of Congress : but nothing herein contained shall be construed to authorize any increase of
the public debt. Acts of July 1, 1862, Bonds issued to the Union Pacific Railroad Company, in
and July 2, 1864. accordance with these acts. Act of March 2, 1867. For the purpose of redeeming and retiring any compound
interest notes outstanding, the Secretary of the Treasury is authorized to issue temporary loan certificates in tho manner prescribed by section four of the act entitled "An act to authorize 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, bearing interest at a rate not exceeding three per centum per annum, principal and interest payable in lawful money on demand; and said certificates of tempo rary 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 thirty-one and thirty-two of the act entitled "An act to provide a national currency secured by a pledge of United States bonds, and to provido 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 tem. porary certificates at any time outstanding shall not exceed fifty millions of dollars.
STATISTICAL VIEW OF THE STATES, ETC.
Showing dates of acts creating Territories, and admitting States—Time of holding general elections—Number
of Representatives in Congress-Date of general elections in the several States, with number of Representatives and Senators— Terms of office-Times of meeting- Location of capitals, etc.
Time of Meeting of
Governor's term of office.
Years. NNNNNNNNNNNN **** SENSSBBO033 | Number.
Sept. 9, 1850 Tues. after 1st Mon.Sept 36
13 French 1749 Feb. 3, 1809 Dec. 3, 1818 Tues. af. Ist Mon. Nov. bienn. 75 Indiana 1 French 1730 May 7, 1800 Apr, 19, 1816 2d Tues. Oct.
100 Iowa ..... 6 Amer. 1835 June 12, 1838 Mar. 3, 18452d Tues. (ct.
100 Louisiana 4 French 1699 Mar. 26, 1804 Feb. 20, 1811 18t Mon, Nov.
88 Maine. 5 Engl. 1630 Mar. 15, 1820 2d Mon. Sept.
Tues. af. Ist Mon. Nov. 240
42 Mississippi 5 French 1716 Apr. 7, 1798 Dec. 10, 1817 18t Mon. Oct.
92 Missouri ... 9 French 1763 Mar. 3, 1806 Mar. 6, 1820 18t Mon. Aug.
130 N. Hampshire* 3 Engl. 1623
.................. 12d Tues, March. 13381
No. Members of Congress.
Date of Act creating
Time of holding
Alabama... 17 French 1713 Mar. 3, 1817|Mar. 2, 1819 Ist Mon. Aug.
1st Mon. April. Dela re* 1 Swedes 1627
2d Tues. Nov.
Ist Mon, Oct. bienn. 150
40 Kentucky 9 Vir'ns 1775
June 1, 1792 Ist Mon. Aug.
151 Maryland* 5 Engl. 1634
Ist Wed. Nov.
2d Mon. Nov. bienn.
Ist Mon. Dec, bienn.
1st Wed. Jan.
1st Mon. Nov. bienn.