On goods, wares and merchandise mentioned in schedule B, a duty of thirty per centum ad valorem.

On goods, wares and merchandise mentioned in schedule C, a duty of twenty-five per centum ad valorem.

On goods, wares and merchandise mentioned in schedule D, a duty of twenty per centum ad valorem.

On goods, wares and merchandise mentioned in schedule E, a duty of fifteen per centum ad valorem.

On goods, wares and merchandise mentioned in schedule F, a duty of ten per centum ad valorem.

On goods, wares and merchandise mentioned in schedule G, a duty of five per centum ad valorem.

Sec. 2. And be it further enacted, That from and after the first day of December next, the goods, wares and merchandise mentioned in schedule H shall be exempt from duty.

Sec. 3. And be it further enacted, That from and after the first day of December next, there shall be levied, collected and paid, on all goods, wares and merchandise imported from foreign countries, and not specially provided for in this act, a duty of twenty per centum ad valorem.

Sec. 4 And be it further enacted, That in all cases in which the invoice or entry shall not contain the weight or quantity or measure of goods, wares or merchandise now weighed or measured, or gauged, the same shall be weighed, gauged, or measured at the expense of the owner or consignee.

Sec. 5. And be it further enacted, That from and after the first day of December next, in lieu of the bounty heretofore authorized by law to be paid on the exporta. tion of pickled fish of the fisheries of the United States, there shall be allowed, on the exportation thereof, if cured with foreign salt, a drawback equal in amount to the duty paid on the salt, and no more, to be ascertained under such regulations as may be prescribed by the Secretary of the Treasury.

Sec. 6. And be it further enacted, That all goods, wares and merchandise imported after the passage of this act, and which may be in the public stores on the second day of December next, shall be subject to no other duty upon the entry thereof than if the same were imported respectively after that day.

Sec. 7. And be it further enacted, That the twelfth section of the act, entitled "An act to provide revenue from imports, and to change and modify existing laws imposing duties on imports, and for other purposes," approved August thirty, eighteen hundred and forty-two, shall be, and the same is hereby so far modified, that all goods imported from this side the Cape of Good Hope or Cape Horn may remain in

the public stores for the space of one year, instead of the term of sixty days prescribed in the said section; and that all goods imported from beyond the Cape of Good Hope or Cape Horn may remain in the public stores one year,instead of the term of ninety days prescribed in the said section.

Sec. 8. And be it further enacted, That it shall be lawful for the owner, consignee or agent of imports which have been actually purchased, on entry of the same, to make such addition in the entry to the cost or value given in the invoice, as in his opinion may raise the same to the true market value of such imports in the principal markets of the country whence the importation shall have been made, or in which the goods imported shall have been originally manufactured or produced, as the case may be; and to add thereto all costs and charges which, under existing laws, would form part of the true value at the port where the same may be entered, upon which the duties should be assessed. And it shall be the duty of the collector within whose district the same may be imported or entered, to cause the dutiable value of such imports to be appraised, estimated and ascertained in accordance with the provisions of existing laws; and if the appraised value thereof shall exceed, by ten per centum, or more, the value so declared on the entry, then, in addition to the duties imposed by law on the same, there shall be levied, collected and paid, a duty of twenty per centum ad valorem on such appraised value: Provided, nevertheless, That under no circumstances shall the duty be assessed upon an amount less than the invoice value; any law of Congress to the contrary notwithstanding.

Sec. 9. And be it further enacted, That if, upon the examination of any parcel, package, or quantity of goods, of which entry has been made, the appraisers of the United States shall be of the opinion, that the same are undervalued by the owner, importer, consignee, or agent, with the intention of defrauding the revenue of the United States, it shall be lawful for the collector within whose district the same may be entered, the sanction of the Secretary of the Treasury first being ob tained, if in his opinion the same shall be advisable, to take such goods for the use of the United States. And such collector shall cause such goods to be sold at public auction within twenty days from the time of taking the same, in the manner prescribed by law for the sale of unclaimed goods; and the proceeds of such sale shall be placed forthwith into the treasury of the United States; and such collector is hereby authorized to pay out of the accruing revenue, to the owner, importer, consignee, or agent of the goods so taken, the value thereof as declared in the entry, and five per centum upon such amount in ad

LOAN AND TREASURY NOTE BILL.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the President of the United States is hereby authorized to cause treasury notes to be issued for such sum or sums as the exigencies of the government may require, and in place of such of the same as may be redeemed to cause others to be issued, but not exceeding the sum of $10,000,000 of this emission outstanding at any one time, and to be issued under the limitations and other provisions contained in the act, entitled "An act to authorize the issue of treasury notes," approved the 12th of October, 1837, except that the authority hereby given to issue treasury notes shall expire at the end of one year from the passage of this act.

Sec. 2. And be it further enacted, That the President, if in his opinion it shall be the interest of the United States so to do, instead of issuing the whole amount of treasury notes authorized by the first section of this act, may horrow on the credit of the United States such an amount of money as he may deem proper, and issue therefor stock of the United States for the

sum thus borrowed, in the same form and under the same restrictions, limitations and provisions as are contained in the act of Congress, approved April 14, 1842, entitled An act for the extension of the loan of 1841, and for an addition of five millions of dollars thereto, and for allow ing interest on treasury notes due:" Provided, however, That the sums borrowed, together with the treasury notes issued by virtue of this act, shall not, in the whole, exceed the sum of ten millions of dollars: And provided, further, That no commission shall be allowed or paid for the negotiation of the loan authorized by this act; and also, that the said stock shall be redeemable at a period not longer than ten years from the issue thereof.

Sec. 3. And be it further enacted, That the treasury notes and the stock issued under the provisions of this act shall not bear a higher rate of interest than six per cent. per annum, and no part thereof shall be disposed of at less than par.

Sec. 4. And be it further enacted, That no compensation shall be made to any officer, whose salary is fixed by law, for preparing, signing, or issuing treasury notes; nor shall any clerk be employed beyond the number authorized by the act herein referred to.

Sec. 5. And be it further enacted, That the sum of fifty thousand dollars be, and the same is hereby, appropriated out of any money in the treasury not otherwise appropriated, for the purpose of paying the amount of certain treasury notes which

having been received or redeemed by any authorized officer of the government, and subsequently purloined or stolen and put into circulation, without evidence on their face of their having been cancelled to the respective holders, who may have received the same or any of them for a full consideration in the usual course of business, without notice or knowledge of the same having been stolen or cancelled or altered, and without any circumstances to cast suspicion on the good faith or due caution with which they may have received the

same.

Vote in the House, July 15.-Yeas, 118; Nays, 47. Majority 71.

WAREHOUSING BILL.

A BILL to amend an act, entitled" An act to provide revenue from imports, and to change and modify existing laws imposing duties on imports, and for other purposes."

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the twelfth section of the act, entitled "An act to provide revenue from imports, and to change and modify existing laws imposing duties on imports, and for other purposes," approved the thirtieth day of August, one thousand eight hundred and forty-two, is hereby amended so as hereafter to read as follows:

[Sec. 12. And be it further enacted, That on and after the day this act goes into operation, the duties on all imported goods, wares, or merchandise, shall be paid in cash: Provided, That in all cases of failure or neglect to pay the duties within the period allowed by law to the importer to make entry thereof, or whenever the owner, importer, or consignee shall make entry for warehousing the same, in writing, in such form, and supported by such proof, as shall be prescribed by the Secretary of the Treasury, the said goods, wares or merchandise shall be taken possession of by the collector, and deposited in the public stores, or in other stores to be agreed on by the collector or chief revenue-officer of the port and the importer, owner, or consignee; the said stores to be secured in the manner provided for by the first section of the act of the twentieth day of April, one thousand eight hundred and eighteen, entitled "An act providing for the deposit of wines and distilled spirits in public warehouses, and for other purposes," there to be kept with due and reasonable care, at the charge and risk of the owner, importer, consignee, or agent, and subject at all times to their order upon the payment of the proper duties and expenses, to be ascertained on due entry thereof for warehousing, and to be secured

by a bond of the owner, importer, or consignee, with surety or sureties to the satisfaction of the collector, in double the amount of the said duties, and in such form as the Secretary of the Treasury shall prescribe: Provided, That no merchandise shall be withdrawn from any warehouse in which it may be deposited, in a less quantity than in an entire package, bale, cask, or box, unless in bulk; nor shall merchandise so imported in bulk be delivered except in the whole quantity of each parcel, or in a quantity not less than one ton weight, unless by special authority of the Secretary of the Treasury. And in case the owner, importer, consignee, or agent of any goods on which the duties have not been paid, shall give to the collector satisfactory security that the said goods shall be landed out of the jurisdiction of the United States, in the manner now required by existing laws relating to exportations, for the benefit of drawback, the collector and naval officer, if any, on an entry to reexport the same, shall, upon payment of the appropriate expenses, permit the said goods, under the inspection of the proper officers, to be shipped without the payment of any duties thereon. And in case any goods, wares, or merchandise, deposited as aforesaid, shall remain in public store beyond one year, without payment of the duties and charges thereon, then said goods, wares, or merchandise shall be appraised by the appraisers of the United States, if there be any at such port, and if none, then by two merchants to be designated and sworn by the collector for that purpose, and sold by the collector at public auction, on due public notice thereof being first given, in the manner and for the time to be prescribed by a general regulation of the Treasury Department: and at said public sale distinct printed catalogues descriptive of said goods, with the appraised value affixed thereto, shall be distributed among the persons present at said sale; and a reasonable opportunity shall be given before such sale, to persons desirous of purchasing, to inspect the quality of such goods; and the proceeds of said sales, after deducting the usual rate of storage at the port in question, with all other charges and expenses, including duties, shall be paid over to the owner, importer, consignee, or agent, and proper receipts taken for the same: Provided, That the overplus, if any there be, of the proceeds of such sales, after the payment of storage, charges, expenses, and duties as aforesaid, remaining unclaimed for the space of ten days after such sales, shall be paid by the collector into the treasury of the United States; and the said colle or shall transmit to the Treasury Department, with the said overplus, a copy of the

inventory, appraisement, and account of sales, specifying the marks, numbers, and descriptions of the packages sold, their contents and appraised value, the name of the vessel and master in which, and of the port or place whence they were imported, and the time when, and the name of the person or persons to whom said goods were consigned in the manifest, and the duties and charges to which the several consignments were respectively subject; and the receipt or certificate of the collector shall exonerate the master or person having charge or command of any ship or vessel in which said goods, wares, or merchandise were imported, from all claim of the owner or owners thereof, who shall nevertheless, on due proof of their interest, be entitled to receive from the treasury the amount of any overplus paid into the same under the provisions of this act: Provided, That so much of the fifty-sixth section of the general collection-law of the second March, seventeen hundred and ninetynine, and the thirteenth section of the act of the thirtieth of August, eighteen hundred and forty-two, to provide revenue from imports, and to change and modify existing laws imposing duties on imports, and for other purposes, as conflicts with the provisions of this act, shall be and is hereby repealed, excepting that nothing contained in this act shall be construed to extend the time now prescribed by law for selling unclaimed goods: Provided, also, That all goods of a perishable nature, and all gunpowder, fire-crackers, and explosive substances, deposited as aforesaid, shall be sold forthwith.

Sec. 2. And be it further enacted, That any goods, when deposited in the public stores in the manner provided for in the foregoing section, may be withdrawn therefrom, and transported to any other port of entry, under the restrictions provided for in the act of the second March, seventeen hundred and ninety-nine, in respect to the transportation of goods, wares and merchandise, from one collection district to another, to be exported with the benefit of drawback; and the owner of such goods so to be withdrawn for transportation shall give his bond with sufficient sureties, in double the amount of the duties chargeable on them, for the deposite of such goods in store in the port of entry to which they shall be destined, such bond to be cancelled when the goods shall be re-deposited in store in the collection district to which they shall be transported: Provided, That nothing contained in this section shall be construed to extend the time during which goods may be kept in store after their original importation and entry beyond the term of one year.

Sec. 3. And be it further enacted, That

Sec. 4. And be it further enacted, That all acts and parts of acts as provide for an exemption from the imposition of taxes upon land sold by the United States for five years from and after the day of sale, Vote in the Senate, July 15.-Yeas, 31; be, and the same are hereby repealed. Nays, 20. Majority 11.