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to two per tentum of the whole amount of the outstanding funded stock bearing a present interest of six per centum: Thenceforth, Secondly, to the redemption of the said last mentioned stock, according to the right for that purpose reserved to the United States, until the whole amount thereof shall have been redeemed: And Lastly, after such redemption, to the purchase, at its market price, of any other stock consisting of the debt of the United States, which may then remain unredeemed: and such purchase, as sar as the fund shall at any time extend, mall be made within thirty days, n«xt after each day, on which a quarterly payment of interest on the debt of the United States, (hall become due, and shall be made by a known agent, to be named by the said commissioners.
Sec. 8. And be it further enacled, That all purc1iar future purchases of public debt on account of how to be the United States, mall be made at the lowest madeprice, at which the same can be obtained by open purchase, or by receiving sealed proposals, to be opened in the presence of the commissioners, or persons, authorized by them to make purchases, and the persons making such proposals.
Sec. 9. And be it further enacled, That Quarterly -quarter yearly accounts of the application of applicltLi the said fund mall be rendered for settlement, of said sund as other public accounts, accompanied with dcrcd,rc&«. returns of the sums of the said debt, which ssiall have been from time to time purchased or redeemed; and full and exact report of the. proceedings of the said commissioners, including a statement of the disbursements, which mall have been made, and of the sums which mall have been purchased or redeemed under
their>direction, and specifying dates, prices., parties, and places, shall be laid before Congress, within the first fourteen days of each session which may ensue the present, during 'the execution of the said trust.
JONATHAN TRUMBULL, Speaker
of i?x House of Representatives. RICHARD HENRY LEE, President prv tempore of the Senate. Approved, May eighth, 1792:
An Ac l lo,provide for a Copper Coinage.
Sec. 1. Y) E it enacled by the Senate and Hsufc
•States of America in Congress assembled, That Hie mint 10 the ^re&or of the mint,'with the approbation purehase of the President of the United States, be auco;>perand thorized to contract for and purchase a quan
have coin- * '.
ed into tity of copper, not exceeding one hundred and mits,&c. fifty tonS) ^nd rriat: tn.e say director, as soon
as theneedful preparations mall be made, cause the ctfpper by him purchased to be coined at the mint into cents and half cents, pursuant to "the act establishing a mint, and regulating the coins of the United States ;" and that the said cents and half cents, as they shall be coinj t ed, be paid into the treasury of the United issut"" ° States, thence to issue into circulation.
. Sec. 2. And be it further enacled, That after Director
RICHARD HENRY LEE, President fro 'tempere of the. Senate. "AppRovEDj May eighth, 1792:
u4n Acl for making Compensations to the Commissioners of Loans for extraordinary Expenses.
An Act making certain Appropriations therein specified.
Sec. i. X) E it macled by the Senate and House _|3 of Representatives of the United specific States of America in Congress assembled, That tion«?pna" there be granted and appropriated the following sums for the following purposes, to wit: For the discharge of a balance to the commissioners appointed under the act of Congress of the fifteenth of March one thousand seven hundred and eighty five, two thousand seven hundred and eighty seven dollars and eighty eight cents; For additional salary to the first clerk of the commislioners for settling accounts between the United States and individual states, one hundred and eighty seven dollars and ninety one cents; For defraying the expense of stating and printing certain public accounts, pursuant to the order of the House of Representatives of the thirtieth of December one thousand seven hundred and ninety one, eight hundred dollars; For discharging the accounts of officers of the courts of the United States, jurors and witnesses, in aid of the fund heretofore appropriated, seventeen thousand dollars; For making good deficiencies in former appropriations, for defraying the expense of the enumeration of the inhabitants of the United States, four thousand six hundred and appropri* ninety five dollars, and fifty nine cents; For tiousdischarging certain accounts against the treasury department, to the end of the year one thousand seven hundred and ninety one, including a sum of six hundred dollars, for furnishing the supervisors of the revenue with icrew-presles, seals, and other articles, one , thousand nine hundred and fifty five dollars, and sixty one cents For a balance due to lieu- \ tenant John Freeman of the late Maryland line, on account of subsistence for the vears one thousand seven hundred and eighty two and one thousand seven hundred and eighty three, forty one dollars and seventy five cents; For compensations to the clerks of the acting commissioner of army accounts, and contingencies of his office, one thousand three hundred and twenty nine dollars and sixteen cents; For additional compensations to the doorkeepers of the House of Representatives, pursuant to a resolution of the House, of the twenty fourth of March last, seven hundred dollars; For the discharge of such demands against the United States, hot otherwise provided for, as shall have been ascertained and admitted, in due course of settlement at the treasury, and which are of a nature, according to the usage thereof, to re-, quire payment in specie, five thousand dollars: All which said sums, amounting together, to thirty four thousand four hundred aud ninety seven dollars and ninety cents, shall and may