CHAPTER XXV. An Act fupplementory to the Act, making Provifion for the Reduction of the Public Debt. HEREAS it hath been made known WHER to Congrefs that the Prefident of the United States, in confequence of "An act making provifion for the reduction of the pub 3,000,000 lic debt," hath caufed a certain loan to be Loan in made in Holland, on account of the United Holland of States, to the amount of three millions of flo- florins, at 5 rins, bearing an intereft of five per centum per per cent annum, and reimburfable in fix yearly inftal- per annum, ments, commencing in the year one thoufand eight hundred, and ending in the year one thousand eight hundred and fix, or at any time fooner, in whole or in part, at the option of the United States. are 4 & 1-2 per cent. And whereas it hath been alfo ftated to whereon Congrefs, that the charges upon the faid loan the charges have amounted to four and a half per centum, whereby a doubt hath arisen, whether the faid loan be within the meaning of the faid laft mentioned act, which limits the rate of intereft to five per centum per annum; And whereas it is expedient that the faid doubt be removed; declared to BE it enacted and declared by the Senate and House of Reprefentatives of the United States of America in Congress, That the loan aforefaid be within thall be deemed and conftrued to be within the meanthe true intent and meaning of the faid act, act provi ing of the intituled "An act making provifion for the ding for the reduction of the public debt," and that any of the pubfarther loan, to the extent of the principal fum lic debt, & authorized to be borrowed by the faid act, the loansouthe intereft whereof fhall be five per centum per reduction allo further like terges annum, and the charges whereof shall not exceed the faid rate of four and a half per centum, fhall, in like manner, be deemed and conflrued to be within the true intent and meaning of the faid act. FREDERICK AUGUSTUS MUHLENBERG, Speaker of the House of Reprefentatives. JOHN ADAMS, Vice-Prefident of the United States, and Prefident of the Senate. APPROVED, March the third, 1791 : GEORGE WASHINGTON, Prefident of the United States. CHAPTER XXVI. An Act making farther Provifion for the Collec tion of the Duties by Law impofed on Teas, and to prolong the Term for the Payment of the Duties on Wines. WH THEREAS it is conceived that the folHER lowing regulations concerning teas may be conducive both to the accommodation of the importers thereof, and to the fecurity of the revenue; Section 1. BE it enacted by the Senate and Houfe of Reprefentatives of the United States of America in Congrefs affembled, That in addition to the provifions contained in the fortieth and forty-firft fections of the act, intituled, "An act to provide more effectually for the collection of the duties impofed by law on goods, wares and merchandize imported into of teas 10 give bond the amount payable in houfes. the United States, and on the tonnage of ships or veffels," as they regard the payment, or securing the payment of the duties on teas, it Importers fhall be lawful for every importer of teas, if he or the fhall elect fo to do, to give his or her for double bond to the collector of the diftrict in which any of the faid teas fhall be landed, in double ties thereon the amount of the duties thereupon, with con- 2 years, & dition for the payment of the faid duties in two years from the date of fuch bond; which bond fhall be accepted by fuch collector, without furety, upon the terms following; that is to fay: The teas, for the duties whereof the depofit the faid bond fhall be accepted, fhall be depofited teas in flore at the expenfe and risk of the said importer, in one or more ftorehoufe or storehouses, as the cafe may require, to be agreed upon be tween the faid importer and the infpector, or other officer of inspection of the revenue, for the port where the faid teas fhall be landed; and upon every fuch forehouse, the said infpector or officer of infpection fhall cause to be affixed two locks, the key of one of which locks fhall be kept by fuch importer, his or her agent, and the key of the other of which locks fhall be kept by the faid infpector, or by fuch other perfon as he fhall depute and appoint in that behalf, whofe duty it fhall be to attend at all reasonable times for the purpose of delivering the said teas out of the said storehouse or storehouses. But no delivery shall be made of any of the faid teas without a permit No delivein writing, under the hand of the faid infpector to be made or officer of infpection. And in order to the without a obtaining of fuch permit, it fhall be neceffary that the duties upon the teas, for which the fame fhall be required, be firft paid, or, at the option of the party or parties applying for the ry thereof permit, & without the no permit fame, fecured to be paid in manner following; granted that is to fay: The faid party or parties fhall duties first give bond with one or more furety or fureties to paid or fe- the fatisfaction of the faid inspector, in doublethe cured. amount of the duties upon the quantity of teas in each cafe to be delivered, with condition for the payment of the faid duties, if the fame fhall not exceed one hundred dollars in four months; or, if the fame fhall exceed one hundred dollars, and fhall not exceed five hundred dollars, in eight months; or, if the fame fhall exceed five hundred dollars, in twelve months: Provided always, That the time to lowed for be allowed for the payment of the duties upon any parcel of teas to be delivered, fhall not to be ex- be fuch as to extend the credit for fuch duties beyond the term of two years originally allowed upon the depofiting of the faid teas. Time al payment of duties not tended. Teas depofited on paid nor lecured, Sec. 2. And be it further enacted, That if which du- the duties on any parcel of teas, which shall ties are not have been depofited as aforefaid, shall not have been paid or fecured to be paid in manner last fpecified, within the term of two years, according to the condition of the obligation to be given to the collector of the diftrict, within which the fame fhall have been landed, it fhall be the duty of the faid collector to cause fo much of the faid teas, as may be neceffary, to be fold at public auction, and retaining the fum which fhall not have been so paid or feto be fold cured of the faid duties, together with the exby collec penfes of fafe keeping and fale of the faid teas, - for that Thall return the overplus, if any, to the owner Verplus or owners thereof, his, her or their agent or to lawful reprefentative. tur pofe & Sec. 3. And be it further enacted, That the bonds which have been or fhall be directed to be given, by this or any other act, for monies duties to be taken in th name to collecio it where in they are to becollet ed. er duties to be paid or performed to the Uni- Bends for ted States, fhall be taken in the name of the monies or United States of America; unlefs fpecial direction fhall have been given to take them in fome other name. And the bonds to be taken as aforefaid, by any infpector of the revenue, of the dir fhall be delivered by him forthwith to the collector of the diftrict within which the teas, to which they may relate, fhall have been landed, in order to the collection of the monies therein fpecified. And the permits which fhall have been granted by fuch infpector, for the delivery of any teas, out of any ftorehouse wherein they shall have been depofited, fhall be received by fuch collector towards fatisfying any bond, which shall have been, in the first inftance, taken by the faid collector, touching the faid teas; which permits fhall therefore fpecify the amount of the duties which fhall have been paid or fecured upon the teas to be delivered in virtue thereof; and the name of the fhip or veffel in which they fhall have been imported, and of the importer or importers thereof. next to be der infpec Sec. 4. And be it further enacted, That all Teas ine teas, which after the first day of April next, ported affhall be imported into the United States from ter pri any foreign port or place, fhall be landed un- landed onder the care of the infpectors of the revenuetion of infor the ports where the fame fhall be refpec Spectors; tively landed; and for that purpofe every permit which fhall be granted by any collector, for landing the fame, fhall, prior to fuch landing, be produced to the faid infpector, who by an endorsement thereupon under his hand, fhall fignify the production thereof to him, and the time when; after which, and not otherwife, it fhall be lawful to land the teas mentioned in fuch permit. And the faid in |