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ce sterling per pound.
An important measure was adopted on February 17, 1864, the object of which was to reduce the currency and to authorThis recommendation was followed by the passage of the act of February 17, 1864, above mentioned.
One of its features is the tax levied on ted were as follows:
Four per cent registered bonds, act of February 17, 1864 $13,363,500
Six per cent bonds, $500,000,000 loan, act of FeFebruary 17, 1864 14,481,050
Four per cent call certificates, act of February 17, 1864 20,978,100
Tax on old issue of certificates redeFebruary 17, 1864 20,978,100
Tax on old issue of certificates redeemed 14,440,566
Repayments by disbursing officers 20,115,830
Treasury notes, act of February 17, 1864 277,576,950
War tax 42,294February 17, 1864 277,576,950
War tax 42,294,314
Coin seized by the Secretary of War 1,653,200
ommand resources sufficient for the wants of the country.
On February 17, 1864, an amendment