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Show COMMISSIONER OF INDIAN AFFAIRS. 39 cent. registered bonds, loan of 1862, and the balance, 9616,034 55, was refunded to the appropriations from which the amount originally invested was drawn. $26,000 of ten per cent. bonds of the, State of Kansas, maturing Jnly 1, 1863, were redeemed by the State, and the avails thereof invested in seven per cent. bonds of said State, maturing July 1, 1876. I As quite a large proportion of United States bonds, held by the Depaktment of the Interior in trust for Indian tribes, were coupon bonds which were sellingat a premium, it was deemed to be for the best interest of the Indians that all United States bonds of the loans of 1847 and 1861, together with those of the States . of Maryland and Pennsylvania, amounting. to $516,208 50, should he sold and the original amount reinvested in United States 6 per cent. registered bonds, loan of 1862, excepting the avails of $25,000 of Pennsylvania five per cent. bonds held in trust for the Kaskaskias, Peorias, Weas, and Piankeshaws. (See act of March 3, 1863, Pamphlet Laws, 1862 and '63, folio 792.) Accord-ingly, said bonds were sold for the snm of $541,210 29, (making a premium of $18,017 01.) Of this amount $497,850 were reinvested in United States six per cent. registered bonds, loan of 1862, and the balance, $43,360 20, refunded to the appropriations from which it was oliginally taken for investment. The sum of $6,400, which had mainly accumulated from the redemption of stocks, was also invested in United States registered bonds, loan of 1862; making the total amount of bonds now held by the Department of the Interior $3,037,892 15, as will appear in the accompanying statements,Nos. 1, 2. and 3. One million seven hundred and four thousand three hundred dollars of said bonds, (incloding the Indiana hond referred to in the report of Joseph A. Wil-liamson, clerk, late in charge of the Indian trust fund, dated November 30, 1861,) are those of States which have failed to provide for the payment of the interest, until the interest thereon, computed to January 1, 1864, amounts to the sum of 86299,5C9. There are also $83,000 of abstracted bonds for which Congress has made no appropriation, (not including the Indiana bond for $1,000 previously referred to,) upon which the interest, computed to January 1, 1864, amonnts to $15,165. I would therefore respectfully suggest the propriety of applying to Congress for appropriations sufficient to reimburse the various Indian tribesrfor whom said abstracted bonds pere, and nou-paying bonds are held in trust in the amounts originally paid for the aame; such appropriations to be entered to their credit upon the proper books of the Treasury Department; also for an appropriation of a sum sufficient to pay the delinquent interest upon said honds computed to J a n u a ~1, 1864, at the rate of five per cent. per annum upon the amount originally invested in the same; and that the Treasurer of the United States be anthoriz~d to pay the interest upon the amounts thus placed to the credit of the various tribes at the rate of five per cent. per annum, payable semi-annually-the first payment to be made on the &at day of July, 1864. The accompanying statement, No. 4, exhibits the amount of non-paying bonds, the amount originally invested therein, and the interest, computed at five per cent. per annum upon the amounts originally invested, from the date of \ |