288 SIXTY-FIFTH CONGRESS. Sess. I. Ch. 56. 1917,
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l?¤l>ii°· N0- *3-] prosecution of the war, to extend additional `¢ to reign 0V¢!'¤-HIGHTS, an or other purposes. , . emrcted he S t nd H f R csentaf f the uigmm Sum me U£:eduSta,tes of i:a(j'o¢¢igres;1¢r•;i;lirrl;;)lcdi>‘%i11t theM%tal;·y IS=¤;¤¤*h°¤‘*“d°° {th T `, tht}; 0 to res1_ent, is erey ¥¤(;i?¤¤·;¤-(fl;;i¢5‘~r M. iiuthoiiizedctadubligndd, from9ti;i)d)?i2ime, on the credit of the United
- {{°"’ pp` 5°°’ m' States for the urposes of this Act, and to meet expenditures
authorized for the national security and defense_ and other public purposes authorized by law, not exceeding m the aiggregate . $7,538,945,460, and to issue therefor bonds 0 the Unite States, i¤`¤i2imm°‘ °° Pda in addition to the $2,000 000,000 bonds already issued or offered """**’·""‘· for subscription imder authorit of the Act approved April twenty- fourth, nineteen hundred andy seventeen, entitled "An Act to authorize an issue of bonds to meet expenditures for· the national security and defense, and, for the purpose of assisting m the prose- P . cution of the war, Ito exteepdrlclredit gotlfpgeign gove5ggn§;1w,6md1f$ Ameunmnauaruu- other purposes": rmnki , at o sum $3, , 5,4 0 s “‘“°°m"""°""* b h of that amount of the unissued bonds authorized by sectibnlg ori: and four of the Act approved April twenty-fourth, nine- $¥,‘{‘5‘§g'{‘#°°"°‘ teen hungred and ser:31t§·en;1S$22ii§)00,0010bshaH be inthlgiu of tha; t th unissu n au orize y section ty-nine 0 Nam me my t‘li‘;0uA1ct apriaroved August fifth, nineteen hundred nine, mes. rg $150,000,000 shall be in lieu of the unissued bonds authorized by v°"°°"‘"m‘ the joint resolution approved March fourth, mneteen hundred and · g:Lr¤:°ap¤ngh‘¤•¤¤¤1¤· seventeegi aiid $100,00%,000 lsihall be ll;l;I;';1 02 the Llziriédls ’ ‘ authoriz 1 y section our un 0 e ct approv third, nineteen hundred and seventeen. s.;?°"""’**°”°‘ d The bonds authorized shalldbe such form pr forms ang enomination or enominations an su ject to suc terms an conditions of issue, conversion, redemption, maturities, payment, m"'°°“°°'°""‘ and rate or rates of interest, not exceeding four per centum per annum, and time or times of payment of interest, as the Secretary of the Treasury from time to time at or before the issue thereof P°"’*”°""""’· may prescribe. The principal and interest thereof shall be payable omumbmm in nited States gold coin of the present standard of value. ' The bonds herein authorized shall from time to time first be offered at not less than par as a popular loan, under such regulations, prescribed by the Secretailir of the Treas from time to msmumm mo, time as will m his opinion give e people of the;]-ignited States as mm-·==¤ =¤¤¤¤¤>¤¤- nearly as mx be an equal opportumty to participate therein, but lf...,“.i‘§€§ .,‘i“b0$e,“"i§“‘?.“2i*$‘§¤J2 0i“!..y“§§?. $£i.}§’¥§°§.yfZEt i‘$¥”’S§§ closing of subscriptions and_may reject or reduce allotments upon later applications and apphcatxons for larger amounts, and may reject or reduce allotments upon applications from incorporated banks aud trust companies for their own account and make allotment in full or larger allotments to others, and may establish a graduated scale_of allotments, and may from time to time adolpt Pmm guy of gll tslzpd m;§hodst,csho1d<}3any;1(:;;ic%hactionlbemdleemed Y oe¤nmr¤m_unoem cpu cmrest: , t, tinor
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I ru _ rescr1_ y said ret an to su mmmpgma. scribers sunsarly situated. And arrylaggrtion of thealxigniris so offered aud not taken may be otherwise `sposed of by the Secretary of the Tremury in such manner and at such price or prices, not less me to be ess th? P? ?I'§1h2 ;“°5;hd°*°”m¤°· of h nsneewunmiguguv- Fo- · 8_ 01* 6 Hrpose more effectual! rovidm' g for t 0 g’;_¥*g_*_{*g’,a§g%?{,;’,,{,',*{,¥§ national security and and prosecuting thepwar, the $661*** tary of the Treasury, with the approval of the President, is hereby
