1 § 6504. (R. S. § 3537.) Of minor coins. Cited without definite application, § 6519. (R. S. § 3548, as amended, Act March 4, 1911, c. 268, § 1.) Standard troy pound of Bureau of Standards to be standard for regulation of coinage. Cited without definite application, Dwight & Lloyd Sintering Co. v. Amer ican Ore Reclamation Co. (C. C. A. N. Y.) 263 F. 315. § 6520. (R. S. § 3549, as amended, Act March 4, 1911, c. 268, § 2.) Standard weights for mints and assay-offices. Cited without definite application, ican Ore Reclamation Co. (C. C. A. N. Dwight & Lloyd Sintering Co. v. Amer- Y.) 263 F. 315. § 6536. (Act Aug. 27, 1894, c. 349, § 25, as amended, Act May 27, 1921, c. 14, § 403 [a], and re-enacted Act Sept. 21, 1922, c. 356, title IV, § 522 [a].) Value of foreign coins; how ascertained. That the value of foreign coin as expressed in the money of account of the United States shall be that of the pure metal of such coin of standard value; and the values of the standard coins in circulation of the various nations of the world shall be estimated quarterly by the Director of the Mint and be proclaimed by the Secretary of the Treasury quarterly on the 1st day of January, April, July, and October in each year. (28 Stat. 552. 42 Stat. 17, 974.) This section was amended by par. a of § 403 of title IV of Act May 27, 1921, c. 14. 42 Stat. 17, entitled "General Provisions." For the section prior to this amendment see U. S. Comp. St. 1916, § 6536. Par. e of said § 403 provides that this section, as in force prior to its amendment by par. a, shall remain in force for the assessment and collection of duties on merchandise imported into the United States prior to the day of the enactment of said act. See ante, note under chapter C of title 33 of this compilation. It was again amended by Act Sept. 21, 1922, c. 356, title IV, § 522, subsection (a), cited above, to read as set forth above. This amendment was merely a re-enactment of the section as previously amended. Notes of Decisions Judgment on bill payable in foreign currency. A federal court held without authority to render a judgment for a sum in money of a foreign country, or otherwise than in money of the United States. Frontera Transportation Co. v. Abaunza (C. C. A. La.) 271 F. 199. A judgment on a bill of exchange, drawn in London and payable there in pounds sterling, which judgment must be expressed in United States money, is to be computed, not by the par of exchange as fixed under the acts of Congress (Comp. St. §§ 6536, 6537), but by the rate of exchange at the time judgment is entered, on the principle, that such sum is the equivalent of the obligation at that time. Liberty Nat. Bank of New York v. Burr (D. C. Pa.) 270 F. 251. Reliquidation of entries covering imported merchandise.-The Secretary of the Treasury has authority under section 25 of the Tariff Act of August 27, 1894. to direct reliquidation of certain entries covering imported merchandise, upon the basis of the rate of exchange in this country for the foreign currency specified in the invoice when the value of such currency at the prevailing rate is at least 10 per cent. less than the proclaimed value. 30 Op. Atty. Gen. 450. § 6536a. (Act May 27, 1921, c. 14, § 403 [b].) Conversion of foreign currency into United States currency at values proclaimed by Secretary of Treasury under preceding section. For the purpose of the assessment and collection of duties upon merchandise imported into the United States on or after the day of the enactment of this Act, wherever it is necessary to convert foreign currency into currency of the United States, such conversion, except as provided in subdivision (c), shall be made at the values proclaimed by the Secretary under the provisions of sec tion 25 of such Act of August 27, 1894, for the quarter in which the merchandise was exported. (42 Stat. 17.) This section, and the section next following, are pars. b and c of § 403 of title IV of Act May 27, 1921, c. 14, entitled "General Provisions," See ante, note under chapter C of title 33 of this supplement. § 6536aa. (Act May 27, 1921, c.. 14, § 403 (c).) Conversion of foreign currency into United States currency where no values proclaimed or where proclaimed values vary from value measured by buying rate in New York. If no such value has been proclaimed, or if the value so proclaimed varies by 5 per centum or more from a value measured by the buying rate in the New York market at noon on the day of exportation, conversion shall be made at a value measured by such buying rate. For the purposes of this subdivision such buying rate shall be the buying rate for cable transfers payable in the foreign currency so to be converted; and shall be determined by the Federal Reserve Bank of New York and certified daily to the Secretary, who shall make it public at such times and to such extent as he deems necessary. In ascertaining such buying rate such Federal Reserve Bank may in its discretion (1) take into consideration the last ascertainable transactions and quotations, whether direct or through the exchange of other currencies, and (2) if there is no market buying rate for such cable transfers, calculate such rate from actual transactions and quotations in demand or time bills of exchange. (42 Stat. 17.) See note to § 6536a, ante. 6537. [Repealed.] This section (R. S. § 3565) is repealed by par. d of § 403 of title IV of Act May 27, 1921, c. 14, 42 Stat. 17, entitled "General Provisions." See ante, note under chapter C of title 33 of this supplement. Notes of Decisions Judgment on bill payable in foreign currency. See Liberty Nat. Bank of New York v. Burr (D. C. Pa.) 270 F. 251. TITLE XXXVIII—THE CURRENCY § 6541. (R. S. § 3571.) United States notes. See Thompson v. State (Tex. Cr. App.) 234 S. W. 406. § 6556a. (Act July 11, 1919, c. 6, § 1.) Bonds, notes, checks, and other papers; printing as directed by Secretary of Treasury; presses used for intaglio plates operated by plate printers; suspension of prior acts. The Secretary of the Treasury is hereby authorized, during the emergency growing out of the war with Germany, to have all bonds, notes, checks, or other printed papers now or hereafter authorized to be executed by the Bureau of Engraving and Printing of the Treasury Department printed in such manner and by whatever plate-printing process and on any style of plate-printing presses that he may consider suitable for the issue of such securities and other papers in the form that will properly safeguard the interests of the Government, and that such presses as are used in printing from intaglio plates shall be operated by plate printers except on such work as is now being done by other processes and any similar work that may be necessary hereafter: Provided, That in the execution of such work only such part of it shall be transferred from the present method of executing it as will permit of the retention in the service of such permanent plate printers as are now engaged in the execution of such work, or such temporary plate printers similarly employed and who can qualify under civil'service regulations for permanent appointments; and all Acts or parts of Acts heretofore enacted relative to the use of power and, hand presses in the printing of securities of the Government are hereby suspended and declared not in effect until that time, and at the termination of said emergency such Acts or parts of Acts shall be in effect and force as prior to the Act of October 6, 1917. (41 Stat. 44.) This section is a provision of the deficiency appropriation act for the fiscal year 1919, and prior years, cited above. It supersedes a somewhat similar provision of Act Oct. 6, 1917, c. 79, § 1, 40 Stat. 349. TITLE XXXIX-LEGAL TENDER § 6571. (R. S. § 3584.) Foreign coins. Judgment for money of foreign coun- § 6575. (R. S. § 3588.) United States notes. tion, and were frequently referred to as money and sufficiently proved to be paper currency, held that evidence was sufficient to sustain the charge in view of Gen. St. Kan. 1915, § 8021 (Code Cr. Proc. 107) and U. S. Rev. St. §§ 3588, 3589 (U. S. Comp. St. §§ 6575, 6576). State v. Elliott (Kan.) 202 P. 847. § 6576. (R. S. § 3589.) Demand Treasury notes. Sufficiency of evidence in larceny prosecution.-See State V. Elliott (Kan.) 202 P. 847. § 6577a. (Act Dec. 24, 1919, c. 15, § 1.) United States gold certificates. Gold certificates of the United States payable to bearer on demand shall be and are hereby made legal tender in payment of all debts and dues, public and private. (41 Stat. 370.) This is an act entitled "An act to make gold certificates of the United States payable to bearer on demand legal tender," cited above. Section 2 of this act repeals all inconsistent acts or parts of acts. (2107) Sec. TITLE XL-THE PUBLIC MONEYS 6584. [Repealed.] pealed; discontinuance of 6585b. Transfer of duties of assistant 6585c. Deposit of money or bullion with Federal reserve banks. 6585d. Member bank as depositaries. 6585e. Quarters occupied by subtreasuries; assignment to Federal reserve banks. 6585f. Transfer of employees in subtreasuries. 6604. Collectors of public moneys to pay over. 6606. Moneys to be deposited without deduction. Sec. Departments; losses occur- 6628. Levy to be a lien. 6647. Advances of public moneys pro- 6647a. Advances to disbursing officers €647c. Same; adjustment of liabilities 6647d. Same; existing balances transferred to account. 6647e. Fees, fines, etc., payable into Treasury to credit of United States and District of Columbia. 6609. Proceeds of sales of material. 6612b. Depositaries of public moneys in foreign countries, the Territories, and the insular possessions of the United States. 6648a. Advances of public moneys to § 6585a. (Act May 29, 1920, c. 214, § 1.) R. S. § 3595, as amended, repealed; discontinuance of subtreasuries and offices of assist ant treasurers. Section 3595 of the Revised Statutes of the United States, as amended, providing for the appointment of an Assistant Treasurer of the United States at Boston, New York, Philadelphia, Baltimore, New Orleans, Saint Louis, San Francisco, Cincinnati, and Chicago, and all laws or parts of laws so far as they authorize the establishment or maintenance of offices of such Assistant Treasurers or of Subtreasuries of the United States are hereby repealed from and after July 1, 1921; and the Secretary of the Treasury is authorized and directed to discontinue from and after such date or at such earlier date or dates as he may deem advisable, such subtreasuries and the exercise of all duties and functions by such assistant treasurers or their offices. The office of each assistant treasurer specified above and the services of any officers or other employees assigned to duty at his office shall terminate upon the discontinuance of the functions of that office by the Secretary of the Treasury. (41 Stat. 654.) This section, and the five sections next following, are provisions of the legislative, executive, and judicial appropriation act for the fiscal year 1921, cited above. For R. S. § 3595, repealed as above, see U. S. Comp. St. 1916, § 6584. Transfer of duties of § 6585b. (Act May 29, 1920, c. 214, § 1.) assistant treasurers to other officers, etc. The Secretary of the Treasury is hereby authorized, in his discretion, to transfer any or all of the duties and functions performed or authorized to be performed by the assistant treasurers above enumerated, or their offices, to the Treasurer of the United States or the mints or assay offices of the United States, under such rules and regulations as he may prescribe, or to utilize any of the Federal reserve banks acting as depositaries or fiscal agents of the United States, for the purpose of performing any or all of such duties and functions, notwithstanding the limitations of section 15 of the Federal reserve Act, as amended, or any other provisions of law. (41 Stat. 655.) See note to § 6585a, ante. § 6585c. (Act May 29, 1920, c. 214, § 1.) bullion with Federal reserve banks. Deposit of money or If any moneys. or bullion, constituting part of the trust funds or other special funds heretofore required by law to be kept in Treasury offices, shall be deposited with any Federal reserve bank, then such moneys or bullion shall by such bank be kept separate and distinct from the assets, funds, and securities of the Federal reserve bank and be held in the joint custody of the Federal reserve agent and the Federal reserve bank. (41 Stat. 655.) See note to § 6585a, ante. § 6585d. (Act May 29, 1920, c. 214, § 1.) Member banks as depositaries. Nothing in this section shall be construed to deny the right of the Secretary of the Treasury to use member banks as depositaries as heretofore authorized by law. (41 Stat. 655.) See note to § 6585a, ante. § 6585e. (Act May 29, 1920, c. 214, § 1.) Quarters occupied by subtreasuries; assignment to Federal reserve banks. The Secretary of the Treasury is hereby authorized to assign any or all the rooms, vaults, equipment, and safes or space in the buildings used by the subtreasuries to any Federal reserve bank acting as fiscal agent of the United States. (41 Stat. 655.) See note to § 6585a, ante. § 6585f. (Act May 29, 1920, c. 214, § 1.) Transfer of employés in subtreasuries. All employees in the subtreasuries in the classified civil service. of the United States, who may so desire, shall be eligible for transfer to classified civil service positions under the control of the Treasury Department, or if their services are not required in such department they may be transferred to fill vacancies in any other executive department with the consent of such department. To the extent that such employees possess required qualifications, they shall be given preference over new appointments in the classified civil service under the control of the Treasury Department in the cities in which they are now employed. (41 Stat. 655.) See note to § 6585a, ante. § 6604. (R. S. § 3615.) Collectors of public moneys to pay over. Cited without definite application, 30 Op. Atty. Gen. 553. § 6606. (R. S. § 3617.) Moneys to be deposited without deduction. See 30 Op. Atty. Gen. 553. |