Acts of Congress: Relating to Loans and the Currency, from 1841 to 1872 Inclusive (Classic Reprint)

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1kg Limited, Feb 14, 2018 - 82 pages
Excerpt from Acts of Congress: Relating to Loans and the Currency, From 1841 to 1872 Inclusive

Sec. 4. And be it further enacted, That the Secretary of the Treasury is hereby authorized to purchase, at any time before the period herein limited for the redemption of stock hereby authorized, such portion thereof as the funds of the government may admit of, after meeting all the demands on the Treasury, and any surplus in the Treasury is hereby appropriated to that object.

Sec. 5. And be it further enacted, That the faith of the United States be, and is hereby, pledged for the punctual payment of the interest and redemption of said stock.

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