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The Daily Dispatch: February 17, 1864., [Electronic resource], The currency question. (search)
ry, 1865, and which may not be exchanged for new Treasury notes as herein provided, a tax of one hundred per cent. is hereby imposed. 5. That after the first day of April next all authority heretofore given to the Secretary of the Treasury to issue Treasury notes shall be and is hereby revoked; provided, the Secretary of the Call certificates shall be fundable and shall be taxed in all respects as is provided for the treasury notes into which they are convertible. After the first of April they will bear interest upon only sixty-six and two third cents for every dollar promised on their faces, and no call certificates shall be is sued after the first of April. The 10th section provides that if any bank shall give its depositors the four per cent. bonds authorized by the first section of the act, in exchange for their deposits, and specify the same on the bond by some distinctive mark or taken to be agreed upon with the Secretary of the Treasury, then the said deposit