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99

Not a source of expense to the Government..
When it will extinguish the public debt....
SIXES OF 1981: (See Bonds payable in Coin.)
Synonym for loan of 1863....

loan of July and August, 1861...........

loan of February, 1861....

STATE BANKS: (See Banks and Banking Associations. Taxation.)..

STOLEN BONDS:

If registered, Treasury Department should be notified; duplicates may be obtained.. 60
If coupon, Government affords no remedy......

T.

TAXATION UNDER FEDERAL AUTHORITY.....

Of bonds and other obligations of the United States

On circulation, deposits, and capital of national banks....

66

159

, 87
125, 146

Of ten per cent. on notes of persons and State banks, used for circulation and paid
out by State or national banks...

on notes of towns, cities, or municipal corporations, so used and
paid out......

On deposits, capital, and circulation of banks and bankers other than national
banks.....

payable semi-annually, but assessed monthly.

meaning of capital employed......

On circulation of banks not levied when it does not exceed five per cent. of

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145

148

142, 143

158

143, 158

146

144

144

159

159

160-164

On bonds and other obligations of the United States held by State or national

banks........

cases referred to.......

On deposits in savings banks invested in United States securities

On shares in national banks........

decisions and notes concerning

'Place" where tax on national banks may be levied...

TEN-FORTY BONDS:

Authority for issue of; description of...................

Only loan redeemable in ten and payable in forty years....
THREE-PER-CENT, CERTIFICATES:

Act of authorization..

Issued for purpose of retiring compound-interest notes..
Principal and interest payable in lawful money on demand.......
May be held as portion of bank reserves.....

85, 86

85, 86

86

126

127

148

15, 16

16

47

28, 147

28, 147

28, 147

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THREE-PER-CENT. CERTIFICATES-Continued:

Original limit fifty millions, increased to seventy-five...
When they cease to bear interest....

TREASURY NOTES: (See Old Demand Notes.)..

PAGE

29, 147
29, 147
43

U.

UNCLAIMED INTEREST:

On registered stock, when and how disposed of........
after ninety days, collectable only at Treasury
UNITED STATES BONDS: (See Bonds.)...

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Reserve of forty-four millions; how created

UNITED STATES NOTES:

Acts of authorization..

Limit of issue; highest amount issued...

Retirement and cancellation of; act suspending the same..
Amount then outstanding 356 millions.

....

Cannot be reduced without further legislation...

use of, discretionary

Redeemable in coin; question adjudicated......
Constitutionality of legal-tender provisions...

When not a legal tender; decisions on the subject...............
Four different issues of; when made...

35-38

38, 39

39

40

40

38-40

40

40

41

42

42, 43

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Redemption of, in coin, the faith of the United States solemnly pledged to................................ 81
Withholding of, from use, when a misdemeanor...

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