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The Daily Dispatch: May 17, 1864., [Electronic resource], Confederate States Congress. (search)
The bill to amend the act entitled, "an act to reduce the currency and to authorize a new issue of notes and bonds," was taken up and considered. The bill provides that the amount of notes to be issued shall not exceed one dollar of new issue for three dollars of the old which may have been paid into the Treasury — this limitation not to restrict the Secretary's authority to exchange new notes for old at the rate of two for three; and provided, the Secretary is directed on the 1st January, 1865, or as soon thereafter as practicable, to reduce the amount of notes in circulation to $200,000,000, and when it shall be so reduced the faith of the Government to be pledged that it shall not be increased; instead of six per cent. bonds the Secretary of the Treasury be authorized to issue to States which may desire it one-half of the amount due those States in Treasury notes of the new issue, and the other half in six per cent. bonds; or, at the option of the State, in four per cent.
The Daily Dispatch: May 18, 1864., [Electronic resource], Confederate States Congress. (search)
ve dollars, as were bone fide held by them prior to the 1st of April last; provided that any person claiming the benefits of this act shall make oath before some officer that he or she is a true and loyal citizen of the Confederate States, was the bone fade holder and owner of the notes proposed to be funded prior to the 1st day of April, 1864, and has been prevented by the causes specified in this act from funding said notes within the time allowed by the said act approved February 17, 1864. The bill being taken up, Mr. Arkins, of Tenn, moved to amend by striking out the dates named, and inserting the 1st of January, 1865. Pending the consideration of the subject, Mr. Machen moved that the House adjourn, but withdrew the motion at the request of. Mr. Dupree, who offered a resolution that during the present emergency the public printer be authorized to have the printing of the House done by private contract. The resolution was adopted. The House then adjourned.
The Daily Dispatch: May 19, 1864., [Electronic resource], Confederate States Congress. (search)
, as provided in the said act; Provided further, that the Secretary of the Treasury is hereby directed, on the first day of January, 1865, or as soon thereafter as practicable, to reduce the amount of Treasury notes in circulation to two hundred milrom, taxation, at the rate of two dollars of bonds for three dollars of notes: Provided, That on and after the first day of January, 1865, the authority to make the exchanges mentioned in this section shall cease and determine. Sec. 4. Any holdes is an amendment, shall be receivable in payment of all Government dues which shall have accrued prior to the first day of January, 1865, except export and import duties; and transfer by delivery said bonds and certificates shall be sufficient to elaw of February 17th, 1864. The pending question being upon the amendment of Mr. Atkins, to substitute the 1st day of January, 1865, for the dates mentioned in the bill as the limitation of time for funding Treasury notes by persons residing wi
The Daily Dispatch: June 6, 1864., [Electronic resource], Confederate States Congress. (search)
concurred in. Mr. Lyons, from the Committee on Ways and Means, reported back Senate bill to amend an act to reduce the currency, and to authorize a new issue of Treasury notes and bonds, with an amendment proposing to strike out the fifth section, which reads as follows: "Section 5 The bonds and certificates mentioned in the second section of the act to which this is an amendment, shall be receivable in payment of all Government dues which shall have accrued prior to the 1st day of January, 1865, except export and import duties; and for purposes of payment herein authorized shall be transferable by delivery." Various amendments were proposed, and pending the consideration of the subject, the House took a recess until 8 o'clock P. M. [On Friday night the House passed the bill making an appropriation for the postal service. The bill to amend the act to allow commissioned officers rations and the privilege of purchasing clothing from the Quartermaster's Department w
The Daily Dispatch: June 30, 1864., [Electronic resource], article 2 (search)
Office of Commissioner of Taxes,Richmond may 9, 1864. Instructions in reference to the assessment and collection of the additional ten percent on profits.--It having been ascertained that an error has been committed in the assessment and collection of the additional ten per cent on profits, all assessors will as soon the profits, only made by buying and selling at any time between the 1st day of January, 1863, and the 1st day of January, 1865.--The profits on which the tax is imposed by I and if paragraph of See 4 of an act entitled act to levy additional taxes for the common defence and support of the Government," are the preamble made by buying and selling between the times mentioned, the copulative conjunction " and being used, the buying and selling must both take place between the 1st day of January, 1863 and the 1st day of January, 1864. Such were the instructions issued from this office on the 1st March, 1864, and will be found at page 8 of additional instructions, theref
The Daily Dispatch: October 18, 1864., [Electronic resource], From Wilmington. (search)
nt is included $250,000,000 of four per cent. bonds to be issued in place of a like amount of old currency funded under the act of February 17, 1864; but a considerable portion of this sum will be returned into the Treasury under the Tax Act; or, in other words, the whole sum produced by the taxation of the present year will be applicable to the reduction of this aggregate of $1,575,000,000. Let a liberal allowance, however, be made for opposite contingencies, and let the debt on the 1st of January, 1865, be set down in round numbers at $1,500,000,000; let the war be supposed to continue, and in its progress add $500,000,000 more to the National debt, making the aggregate finally $2,000,000,000. This would entail upon us an annual interest of $140,000,000. "Why should our ability to bear this burthen be doubted? Before this war it was alleged (and, in my opinion, with great truth,) that a sum fully as great as this was annually paid in tribute to the Northern States. Why should
The Daily Dispatch: November 8, 1864., [Electronic resource], article 1 (search)
able on the 1st of October.--The Secretary has been unable to issue them by reason of an omission in the law, no time being therein fixed for the payment of the bonds. The aggregate appropriations called for by the different departments of the Government, according to the estimates submitted with the report, for the six months ending on the 30th June, 1865, amount to $438,102,679, while the Secretary estimates that there will remain unexpended, out of former appropriations, on the 1st January, 1865. a balance of $467,416,504. It would, therefore, seem that former estimates have been largely in excess of actual expenditures, and that no additional appropriations are required for meeting the needs of the public service up to the 1st July of next year. Indeed, if the estimates now presented should prove to be as much in excess of actual expenditures as has heretofore been the case, a considerable balance will still remain unexpended at the close of the first half of the ensuing year
The Daily Dispatch: November 23, 1864., [Electronic resource], article 2 (search)
he rank, pay and allowances of a colonel of cavalry; the other two with the rank, pay and allowances of lieutenant-colonels of cavalry. The Committee on the Judiciary reported adversely on the bill for extending the assessment of prices for the army to all the citizens of the Confederate States, and were discharged from its further consideration. A bill was passed extending to all counterfeit treasury notes received by public officers in the discharge of their duties prior to 1st January, 1865, the provisions of the act in relation to counterfeit notes received by public officers. A bill was passed, and sent to the House, continuing in force till the 1st January, 1866, east of the Mississippi river, and till the 1st of May 1866, west of the Mississippi, the law for the establishment and payment of claims for a certain description of property taken or informally impressed for the use of the army. Mr. Walker, from the Judiciary Committee, reported back the bill
The Daily Dispatch: December 15, 1864., [Electronic resource], article 1 (search)
Treasury Department, Confederate States of America, Richmond, December 7, 1864. To Holders of Five Per Cent. Call Certificates.--Attention is respectfully called to the provisions of the ninth section of the act of Congress, entitled an act to reduce the currency, &c., approved February 17, 1864, which declares that "all call certificates shall be fundable, and shall be taxed in all respects as is provided for the Treasury notes into which they are convertible." The fourth section of said act imposes a tax of one hundred per cent on the Treasury notes represented by said five per cent, call certificates which shall remain outstanding on the first day of January, eighteen hundred and sixty-five. G. A. Trenholm. Secretary of the Treasury de 7--t1stJ
The Daily Dispatch: December 19, 1864., [Electronic resource], article 1 (search)
Treasury Department, Richmond, Va., November 28, 1865. Notice is hereby given to Holders and Owners of Certificates of Stock and Coupon Bonds, issued under the act of August 19, 1861, redeemable after the 1st day of January, 1865, to present the same for payment on the Second day of January Next, or at any time thereafter, to the Treasurer of the Confederate States, one of the Assistant Treasurers of the Confederate States, or a Pay Depositary of the Confederate States, funds having been p to present the same for payment on the Second day of January Next, or at any time thereafter, to the Treasurer of the Confederate States, one of the Assistant Treasurers of the Confederate States, or a Pay Depositary of the Confederate States, funds having been placed in the hands of said agents for the purpose of redeeming such stock and coupon boards — No. interest will be allowed on such stock and coupon bonds after January 1st, 1865. G. A. Trenholm, Secretary of Treasury. de 7--eod2m
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