Laws of the United States Relating to Currency Finance And Banking From 1789 T

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Laws of the United States Relating to Currency Finance And Banking From 1789 T
Charles Franklin Dunbar
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[18G4.
[Section 2 authorizes the Secretary of the Treasury to issue bonds under the Act of February 25, 1862, in excess of five hundred millions of dollars, to the amount of eleven millions, to such persons as subscribed for them on or before January 21, 1864, and have paid for them. ] [Approved, March 3, 1864. 13 Statutes at Large, 13. ] 1863-64, Resolution No. XX. Joint Resolution to authorize the Secretary of the Treasury to anticipate the Payment of Interest on the Public Debt, and for othe
...r Purposes. Be it resolved, . . . That the Secretary of the Treasury be authorized to anticipate the payment of interest on the publi . Debt, by a period not exceeding one year, from time to time, either with or without a rebate of interest upon the coupons, as to him may seem expedient ; and he is hereby authorized to dis- pose of any gold in the Treasury of the United States not nec- essary for the payment of interest of the public debt : Provided, That the obligation to create the sinking fund according to the Act of February twenty-fifth, eighteen hundred and sixty-two, shall not be impaired thereby.

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