{"newspaper_name": "Weekly national intelligencer.", "edition": "01", "page": "p1", "byline": ""}
{"character_count": 1869, "word_count": 306, "ccnet_language_score": [0.9391000270843506], "ccnet_perplexity": [1769.4000244140625], "fasttext_language": ["en"]}
the required period by loans Treasury notes and
accordingly recommend, with the vigorous
prosecution of the existing with Mexico, bring
speedy and honorable termination, that contingent
authority should be vested this Department with your
sanction, to Treasury notes. effect loan of a
the aggregate exceeding the last above mentioned deficit
Of Sl2, $50, ,406


think il would be most advantageous to the Government
that portion of this money should be raised by Treasury
notes, and the remainder by loans limiting the interest in
both rate not exceeding six per cent per annum
and obddng the negotiation either case below the par
value If the authorities limited so as to cover this def
cit and the power given loans Treasury notes.
boh the emergency might require the money might be
raised much lower of interest than if the Depart
were confined either loans alone to Treasury
The experience of the Government has demonstrated
that there periods when loans most available and that
there occasions when Treasury notes much better
adapted to meet the emergency and the to select both
or either from time to me would render the negotiation
more certain and probably very large amount OF
interest to the Government. the should be speedily
ermnatcd 1t is possible that loans Treasury
notes might not be required if for nconsiderabe
amount The power that is given by law to
deem the loa before its maturity whenever the funds
of the Government will permit lqudae any public
authority Tor the reissue of the Treasury notes. heretofore
provided by law, well for their recepdn revenue pay
ments.


The additional duties designated in schedule
mended measure, and terminate with the restora-


ton of peace thereafter the state of public
finance will permit their discontnuance.


have the honor to be, most respectfully your obedent
servant, II. j. WALKER.


To the PRESIDENT.