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Treasurer's SEC. 23. And be it further enacted, That in the treas melter and re-urer's account with the melter and refiner, the melter

account with

finer.

and refiner shall be debited with the standard weight of all the bullion placed in his hands, that is to say, with the weight of metal of legal standard fineness which it will make; and that he shall be credited by the standard weight of all the ingots delivered by him to the treasurer: and that once at least in every year, at such time as the Director shall appoint, the melter and refiner shall deliver up to the treasurer all the bullion in his possession, in order that his accounts may be settled up to that time: and, in this settlement, he shall be entitled to a credit for the difference between the whole amount of bullion delivered to him, and received from him, since the last Allowance for settlement, as an allowance for necessary waste: Pro

necessary

Proviso.

vided, That this allowance shall not exceed two thousandths of the whole amount of gold and silver bullion, respectively, that had been delivered to him by the treas

that no ingots of silver shall be used for coinage of which the quality differs more than three thousandths from the legal standard.

Ingots for coinage.

urer.

SEC. 24. And be it further enacted, That the treasurer shall, from time to time, deliver over to the chief coiner, ingots for the purpose of coinage; that he shall keep a careful record of these transfers, noting the weight and description of the ingots; and that the ingots thus placed in the hands of the chief coiner shall be passed through the several processes necessary to make from them coins, in all respects conformable to law.

Deviation SEC. 25. And be it further enacted, That in adjusting standard al- the weights of the coins, the following deviations from the

from legal

lowed in the

coins, in single pieces.

to

weights of standard weight shall not be exceeded in any of the single pieces: In the dollar and half dollar, one grain and a half: in the quarter dollar, one grain; in the dime and half dime, half a grain; in the gold coins, one-quarter of a grain; in the copper coins, one grain in the pennyweight; In a large and that in weighing a large number of pieces together. when delivered from the chief coiner to the treasurer, and from the treasurer to the depositors, the deviations from the standard weight shall not exceed the following limits: Four pennyweights in one thousand dollars; three pennyweights in one thousand half dollars; two pennyweights in one thousand quarter dollars; one pennyweight in one thousand dimes; one pennyweight in one thousand

number gether.

half dimes; two pennyweights in one thousand eagles; one and a half pennyweight in one thousand half eagles; one pennyweight in one thousand quarter eagles.

SEC. 26. And be it further enacted, That the chief coiner shall, from time to time, as the coins are prepared, deliver them over to the treasurer, who shall keep a careful record of their kind, number, and weight; and that, in receiving the coins, it shall be the duty of the treasurer to see whether the coins of that delivery are within the legal limits of the standard weight; and if his trials for this purpose shall not prove satisfactory, he shall cause all the coins of this delivery to be weighed separately, and such as are not of legal weight shall be delivered to the melter and refiner, as standard bullion, to be again formed into ingots and recoined.

SEC. 27. And be it further enacted, That at every delivery of coins made by the chief coiner to the treasurer, it shall be the duty of the treasurer, in the presence of the assayer, to take indiscriminately, a certain number of pieces of each variety for the annual trial of coins, (the number being prescribed by the director,) which shall be carefully labeled, and deposited in a chest appropriated for the purpose, kept under the joint care of the treasurer and assayer, and so secured that neither can have access to its contents without the presence of the other.

of clippings,

SEC. 28. And be it further enacted, That the chief Disposition coiner shall, from time to time, deliver to the treasurer etc. the clippings and other portions of bullion remaining after the process of coining, and that the treasurer shall keep a careful record of their amount.

account with

SEC. 29. And be it further enacted, That in the treas- Treasurer's urer's account with the chief coiner, the chief coiner shall chief coiner. be debited with the amount in weight of standard metal of all the bullion placed in his hands, and credited with the amount, also by weight, of all the coins, clippings, and other bullion delivered by him to the treasurer; and that once at least in every year, at such time as the Director shall appoint, the chief coiner shall deliver to the treasurer all the coins and bullion in his possession, so that his accounts may be settled up to that time; and, in this set- for necessary tlement, he shall be entitled to a credit for the difference waste. between the whole amount of ingots delivered to him, and of the coins and bullion received from him, since the last settlement, as an allowance for necessary waste: Pro15712°-10-33

Allowance

Coins to be weighed.

Coins to be preserved for the annual trial.

Proviso.

vided, That this allowance shall not exceed two thou-
sandths of the whole amount of the silver, or one and
one-half thousandth of the whole amount of the gold,
that had been delivered to him by the treasurer.

SEC. 30. And be it further enacted, That when the ed to be coined. coins which are the equivalent to any deposite of bullion

Payment for bullion deposit

are ready for delivery, they shall be paid over to the de-
positor, or his order, by the treasurer, on a warrant from
the Director; and the payment shall be made, if de-
manded, in the order in which the bullion shall have been
brought to the Mint, giving priority according to pri-
ority of deposite only; and that in the denomination of
coin delivered, the treasurer shall comply with the wishes
of the depositor, unless when impracticable or inconven-
ient to do so; in which case, the denominations of coin
shall be designated by the Director.

Deposit of

SEC. 31. And be it further enacted, That for the purthe mint by pose of enabling the Mint to make returns to depositors Secretary of with as little delay as possible, it shall be the duty of the

public money
to be kept

Secretary of the Treasury to keep in the said Mint, when
the state of the Treasury will admit thereof, a deposite
of such amount of public money, or of bullion procured
for the purpose, as he shall judge convenient and neces-
sary, not exceeding one million of dollars, out of which
those who bring bullion to the Mint may be paid the value
thereof, as soon as practicable, after this value has been
ascertained; that the bullion so deposited shall become the
property of the United States; that no discount or inter-
est shall be charged on moneys so advanced; and that
the Secretary of the Treasury may at any time withdraw
the said deposite, or any part thereof, or may, at his
discretion, allow the coins formed at the Mint to be given
for their equivalent in other money.

SEC. 32. And be it further enacted, That to secure a

Act of Mar. due conformity in the gold and silver coins to their re

3, 1823, ch. 42,

sec. 2, repealed. spective standards and weights, an annual trial shall be

made of the pieces reserved for this purpose at the Mint
and its branches, before the judge of the district court of
the United States, for the eastern district of Pennsylvania,
the attorney of the United States, for the eastern district
of Pennsylvania, and the collector of the port of Philadel-
phia, and such other persons as the President shall, from
time to time, designate for that purpose, who shall meet
as commissioners, for the performance of this duty, on the
second Monday in February, annually, and may continue

Annual trial

of coins.

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their meetings by adjournment, if necessary; and if a majority of the commissioners shall fail to attend at any time appointed for their meeting, then the Director of the Mint shall call a meeting of the commissioners at such other time as he may deem convenient; and that before these commissioners, or a majority of them, and in the presence of the officers of the Mint, such examination shall be made of the reserved pieces as shall be judged sufficient; and if it shall appear that these pieces do not differ from the standard fineness and weight by a greater quantity than is allowed by law, the trial shall be considered and reported as satisfactory; but if any greater deviation from the legal standard or weight shall appear, this fact shall be certified to the President of the United States, and if, on a view of the circumstances of the case, he shall so decide, the officer or officers implicated in the error shall be thenceforward disqualified from holding their respective offices.

SEC. 33. And be it further enacted, That copper bullion shall be purchased for the Mint, from time to time, by the treasurer, under instructions from the Director; that the cost shall be paid from the fund hereinafter provided for; and that the copper bullion shall be of good quality, and in form of planchets fit for passing at once into the hands of the chief coiner.

Purchase of copper bullion.

copper.

SEC. 34. And be it further enacted, That the copper Coinage of planchets shall be delivered, from time to time, by the treasurer to the chief coiner, to be by him coined; and all such copper shall be returned to the treasurer, by the chief coiner, weight for weight, without allowance for waste.

SEC. 35. And be it further enacted, That it shall be the duty of the treasurer of the Mint to deliver the copper coins, in exchange for their legal equivalent in other money, to any persons who shall apply for them: Prorided, That the sum asked for be not less than a certain amount, to be determined by the Director, and that it be not so great as, in his judgment, to interfere with the capacity of the Mint to supply other applicants.

SEC. 36. And be it further enacted, That the copper transported at coins may, at the discretion of the Director, be delivered expense of the in any of the principal cities and towns of the United States, at the cost of the Mint for transportation.

mint.

may

Copper coins changed for

ex

other money.

Proviso.

SEC. 37. And be it further enacted, That the money re- Disposition of ceived by the treasurer in exchange for copper coins shall in exchange for

money copper coins.

form a fund in his hands, which shall be used to pur-
chase copper planchets, and to pay the expense of trans-
portation of copper coins; and that if there be a surplus,
the same shall be appropriated to defray the contingent
expenses of the Mint.

Former acts SEC. 38. And be it further enacted, That all acts or

repealed.

parts of acts heretofore passed, relating to the Mint and
coins of the United States, which are inconsistent with
the provisions of this act, be, and the same are hereby
repealed.

Approved, January 18, 1837.

ACT OF MARCH 3, 1849.

9 Stat. L., CHAP. CIX.-An act to authorize the coinage of gold dollars and double eagles.

397.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assem

Coinage of bled, That there shall be, from time to time, struck and

double

and gold dol-coined at the Mint of the United States and the branches

lars author

ized.

See act Feb.

12, 1873, sec. 14.

thereof, conformably in all respects to law (except that 21, 1853, sec. 7. on the reverse of the gold dollar the figure of the eagle See act Feb. shall be omitted,) and conformably in all respects to the standard for gold coins now established by law, coins of gold of the following denominations and values, viz.: double eagles, each to be of the value of twenty dollars, or units, and gold dollars, each to be of the value of one dollar, or unit.

Double eagle and gold dollar

SEC. 2. And be it further enacted, That, for all sums to be legal ten- whatever, the double eagle shall be a legal tender for

der.

Ibid.

Weights of gold coin.

twenty dollars, and the gold dollar shall be a legal tender
for one dollar.

All laws now

In force in re

SEC. 3. And be it further enacted, That all laws now in lation to the force in relation to the coins of the United States, and the

coins of the

United States striking and coining the same, shall, so far as applicable,

to apply to the

colns herein have full force and effect in relation to the coins herein

authorized.

authorized, whether the said laws are penal or otherwise;
and whether they are for preventing counterfeiting or
debasement, for protecting the currency, for regulating
and guarding the process of striking and coining, and the
preparations therefor, or for the security of the coin, or
for any other purpose.

SEC. 4. And be it further enacted, That, in adjusting
the weights of gold coins henceforward, the following

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