TTtEASto' .DEPARTMENT, C. S. A.
Richmond, 'April 19, 1864.
The following regulations are established in relation to the adjustment
of the Old and New Currencies:
1. When* treasury notes of tlie old issues, shall he received
afteif the first of April, from Tax Collectors or Disbursing
Officers, or from any other source, (except in exchange for
notes of the new issue,) the Assistant Treasurers and Deposi¬
taries, shall state in their weekly account current returns, the
amount at which such notes were received, and also the amount
of the tax thereon. When received in exchange for the 'notes
of the new issue, they shall state the amount of the tax on the
amount so exchanged.
2. When a draft in favor of a Disbursing Officer, drawn be¬
fore the first of April, shall be presented for payment, it will
be paid in the notes of the old issues; or, it can be deposited
on account of the appropriation to which it belongs, and the
Treasury Officers will give proper certificates therefor, ac¬
cordingly.
3. All drafts drawn subsequently to jdie first of April, are
payable in the notes of the new issue. So also are drafts,
drawn prior to the first of April, in favor of persons or parties
other than Disbursing Officers.
But drafts drawn prior to the first of April, which have been
assigned to .other parties, are payable in the notes of the old
issues only.
C. G. MEMMINGER,
Secretary of Treasury.