[ House. 1 
 
 HOUSE OF REPRESENTATIVES, February 24, lb63.— Or- 
 dered to be printed, 
 
 [By Mr. Conrau.j 
 
 l^ESOLUTIOI^N^S. 
 
 1 Resolved by the Congress of the Confederate States of Armrica, 
 
 2 1. That it is expedient to reduce the rate of interest on any 
 
 3 bonds that may hereafter be issued by this Government to six per 
 
 4 cent, per annum. 
 
 1 2. To endeavor, as far as practicable, to reduce the ruts of 
 
 2 interest on bonds heretofore issued, by giving in exchange for 
 
 3 them, with the consent of the holders, bonds bearing interest at 
 
 4 the above rate, the payment whereof shall be guarantied by the 
 
 5 State Governments in such proportions as may be deemed e.qui- 
 
 6 table, and to adopt measures for obtaining such guaranty. 
 
 1 3. To provide that a certain amount of the Treasury notes 
 
 2 hereafter to be issued, shall not only be receivable in payment of 
 
 3 public duties, but shall also be a legal tender of payment of all 
 
 4 debts due by persons residing within the Confederate States to 
 
 5 persons residing therein or which are payable therein, with a 
 
I 
 i 
 
 6 pledge on the part of the Government that the amount of such 
 
 7 notes in circulation shall never, at anj one time, exceed the 
 
 8 amount originally fixed by laNv, and that they shall continue to 
 •9 be a legal tender until paid. These legal tender notes not to be 
 10 fundable in bonda. • . 
 
 1 4. Resolved, That the Committee on Ways and Means be in- 
 
 2 structed to report bills to carry into effect the foregoing resolu- 
 
 3 tioni*. 
 
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