TREASURY DEPARTMENT, C. S. A.,
Richmond, March 24, 1864.
The following additional regulations for carrying into effect
the Act of. 1 *7th February, 1864. " to reduce the cur-
rency," &c., will be observed by all Officers of the
Treasury Department:
,,18. ,The fourth section of the said act provides, that at any
time between the first of April, east, and the first of July,
west, of the Mississippi river, and the first of January,
1865, Treasury notes of former issues, under the denomi-
nation of one hundred dollars, may be exchanged at the
rate of sixty-six and two-thirds cents to the dollar for
the new issue : the Treasurer, Assistant Treasurers, and
Pay Depositaries, are directed to make such exchange :
and until the}7- shall be sufficiently supplied with notes of
the new issue, they are authorized to take in the old
notes at the rate prescribed, and to give certificates
therefor, redeemable at the office whence issued, when
the notes of the new issue shall have been received.
19. Each officer receiving such notes shall cause the
same to be cancelled, and forwarded by express, or in such
other way as he may deem best, with a descriptive list, to
the Treasurer at Richmond ; and thereupon the Treasurer
shall supply him with a sufficient amount of notes of the
new issue to take up the said certificates ; and the said cer-
tificates, when taken up, shall be cancelled and forwarded
to the Register, to be filed away for any future occasion.
20. The Treasurer, Assistant Treasurers, and Depos-
itaries, will receive the four per cent, certificates and bonds
from the Collectors of the War Tax, as cash, and when so
received, shall send them, with descriptive statements, to
the First Auditor] When reported upon by the accounting
2
officers, drafts will be sent to the Depositaries to reimburse
them for the amount.
21. Each of the said Depositaries shall, on and after the
2nd day of April, proceed to distribute the first parcels of
the new issues of Treasury notes with which he shall be
furnished, by paying out to each separate applicant forty
dollars of new issues in exchange for sixty dollars of old.
The following Depositories are authorized as Pay Deposi-
taries to carry into effect the foregoing regulations:
VIRGINIA—
GEORGIA—
Richmond,
Petersburg,
Lynchburg,
Staunton,
Abingdon,
Danville.
Savannah,
Augusta,
Atlanta,
Macon,
Columbus.
NORTH CAROLINA
ALABAMA—
Wilmington,
Raleigh,
Charlotte,
Asheville,
Mobile,
Montgomery,
Eufaula,
Demopolis.
SOUTH CAROLINA
MISSISSIPPI—
Charleston,
Columbia,
Chbraw,
Greenville,
FLORIDA—
Tallahassee.
Columbus,
Brandon,
C. G. MEMMINGER,
Secretary of Treasury.