number do not exceed seven mariners to each cutter; Allowance of pay to the officers and men after 1st April.and that from and after the first day of April next, there be allowed, in lieu of the compensations now established, to the master of each revenue cutter, forty dollars per month, and the subsistence of a captain in the army of the United States; to a first mate, twenty-six dollars per month; to a second mate, twenty dollars per month; to a third mate, eighteen dollars per month; to every mate, the subsistence of a lieutenant of the said army; and to each mariner, not exceeding ten dollars per month, to be paid by the collectors of the revenue, who shall be designated for that purpose: And that the Secretary of the Treasury be, and he is hereby authorized to contract for the supply of rations for the officers and men of the said cutters, on such terms as shall, from time to time, appear reasonable.
Approved, March 2, 1793.
Statute Ⅱ.March 2, 1793
[Obsolete.]
Chap. XXV.—An Act providing for the payment of the First Instalment due on a Loan made of the Bank of the United States.
President may apply certain moniesBe 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 be, and he hereby is authorized and empowered to apply two hundred thousand dollars, of the monies which may have been borrowed, to pay first instalment to Bank of U. S.
1790, ch. 47.in pursuance of the fourth section of the act, intituled “An act making provision for the reduction of the public debt,” in payment of the first instalment, due to the Bank of the United States, upon a loan made of the said bank, in pursuance of the eleventh section of the act for incorporating the subscribers to the said bank.
Approved, March 2, 1793.
Statute Ⅱ.March 2, 1793
[Obsolete.]
Chap. XXVI.—An Act for extending the time for receiving on loan that part of the Domestic Debt of the United States, which may not be subscribed, prior to the first day of March, one thousand seven hundred and ninety-three.
Domestic debt term for receiving on loan extended to June 1794.Section 1. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the term for receiving on loan that part of the domestic debt of the United States, which shall not have been subscribed, in pursuance of the act, intituled “An act supplementary to the act making provision for the debt of the United States,”1794, ch. 36.
Act of May 8, 1792, ch. 38. be extended, from and after the first day of March, one thousand seven hundred and ninety-three, until the last day of June, one thousand seven hundred and ninety-four inclusively, on the same terms and conditions, as are contained in the act, intituled “An act making provision for the debt of the United States: Provided, That the books for receiving the said subscriptions shall be opened only at the treasury of the United States.
Privilege of non-subscribing creditors.Sec. 2. And be it further enacted, That such of the creditors of the United States, as have not subscribed, and shall not subscribe to the said loan, shall nevertheless receive, during the year one thousand seven hundred and ninety-three, a rate per centum on the amount of such of their demands, as shall have been registered, conformable to the directions contained in the said act, on or before the last day of June, one thousand seven hundred and ninety-four, equal to the interest, which would be payable to them, as subscribing creditors.
Approved, March 2, 1793.
