No. 4., February 8

No. 4.

General Treasury of the Nation.–Section 2, No. 48.

In compliance with the supreme order which, under this date, you have been pleased to address to me, that on the 10th instant the first auction, with the fund of $90,000 for the redemption of the bonds of the extinguished English and Spanish conventions, shall take place, I have directed the printing and posting of the respective notices; but for the greater accuracy of this general treasury in the auctions, I beg that you will be pleased to ask from the department of foreign relations, and remit to this treasury, the marginal record which remains there of the bonds placed in circulation belonging to the said conventions, as without the same it will not be easy to distinguish the good from the false, that are, perhaps, in circulation.

I also beg that you will be pleased to resolve whether in the auction there is to be taken into account only the value of the principal of the bonds, or if the interest is to be calculated and added thereto; advising me of the date up to which the same is to be reckoned.