The republic. [volume] (Washington [D.C.]) 1849-1853, 1853-03-07

srd xsav ~ s9peF1rfend the building
eno aAey s11a give bonds, as required by Il
inoeperasns Ereasury act: xopidsd, That ID
CLERKS, when distributed and arranged a. require
y this sectioa shall be paid aocording to ts pre
erwiss appropriated, and shall con stitute the who
of the pcrmanent clerical force Of the Depa rtmen
/ OF the Treasury, War, Navy, the Interior, an
| the Post Office, with the exception of the Censr
Bureau, which is not included in this arrangement
and the clerks temporarily employed in the of6c
OF the Third Auditor on bounty land service and O
arrearages of pay: And prorided further That eac
head of the said departments may alter the dstr
| button herein made of the clerks amongst the var
Gus bureaus and Offices in his department, if b
should find it necessary and proper to do SO.
| SEC 4. And be IT. further enacted That hereafte
the annual compensation of the Vice Presiden
| Secretaries of State, Treasury, War, Navy an
| Interior. and the Postmaster and Attorney Ger
! eral shall be eight thousand dollars each.
| SEC. S. And be 1t further enacted That whe,
| private establishments shall be made to rein,
gold bullion, the Secretary of the Treasury, if b
shall deem them capable Of executing such work
| Is hereby authorized and required to limit tn
amount thereof which shall be refined in the min
| al fhliadeiphia, from quarter to quarter, and t
! reduce the same progressively as such establish
ments shall be extended or multiplied, 30 az event
ually, and as soon as may be, to exclude refining
from the mint, and to require that every deposi
o. goio Duiiion made therein for coinage shall
De adapted to said purpose, without need of re
nnlng: Provided, That no advances in coin shall
| be made upon bullion after this regulation shall
be carried into effect except upon bullion refined
| as herein prescribed.
SEC. 6. And be 1T further enacted, That an off
Ger shall be appointed in the Department of State
TO be called the Assistant Secretary ofState whose
salary shall be three thousand dollars per annum
payable IN the same manner as that of the Score
tary OF State, who shall perform all such duties in
the office ofthe Secretary of State belonging to tina
department as shall be prescribed by the Score
tary of State, or as may be required by law
SECT. And De 1t further enacted, That the Sec
| rotary of the Treasury is hereby authorized and
required to cancel any outstanding debenture
bonds given previously to the first day of July,
eighteen hundred and fifty upon the importation
of foreign Goals: PROVIDED, That the said Goals
have been exported to foreign port or consumed
consumed in the United States
SEC. 8. And be 1t further enacted, That the
third section of the act entitled can act maxine
appropriations for the civil and diplomatic ex,
penses VI government for the year ending the
thlrtleth OF June, eighteen hundred and forty
seven, and Tor other purposes" approved August
tenth, eighteen hundred and forty six, be- and the
same Is hereby, revived and continued in force for
teen hundred and fifty four
SEC. u And be 1t further enacted, That the Sec
rotary OF the Treasury be, and he is hereby. au
thorlzed to purchase at the current market price
any OF the outstanding stocks of the United States
as ne may think most advisable from any surplus
funds IN the treasury: Provided, That the balance
in the treasury shall not at any time be reduced
below six millions of dollars
SEC l0. And be 1t further enacted, That the Sec
rotary OF the Treasury is hereby authorized and
required to establish in the city of New York an
othce for the receipt and for the melting refining
parting, and assdying of gold and silver bullion
ana foreign coin, and for casting the same into
bars, ingots, discs. The Assistant Treasnrer of
the United States in New York shall be treasurer
OF the said assay office, and the Secretary of the
treasury shall, with the appreciation and consent
OF the President of the United States appoint such
other ofhcers and clerks, and authorize the en-
ployment OF such assistants, workmen, and SER
wants as shall be necessary for the proper conduct
and management of the said Office, and of the hus-
ness pertaining thereto, at ouch COMPENSATION. as
shall be approved by the President: Preceded
Ihat the same shall not exceed that allowed for
corresponding services under existing laws re-
lating to the mint of the United States and it's
branches.
SEC. IL. -And be it further enacted, That the
owner or owners OF any gold or silver bullion in
dust or otherwise, of any foreign coin shall he
entitled to deposit the same in the said Office. and
the treasurer thereof shall give a recent STATING
the weight and description thereof, in the manner
and under the regulations that are or NAV be nro-
ylded in like cases or deposits at the mint of the
United States, with the treasurer thereof And
such bullion shall without delay be melted parted.
refined, and assayed, and the net value thereof
ana OF all foreign coins deposited in said office,
shall be ascertained, and the treasurer shall
thereupon forthwith issue his certificate of the
net value thereof, payable in coins of the
same metal as that deposited, either at the
once OF the Assistant Treasurer of the United
States in New York, or at the mint of the Uni
ted States, at the option of the depositor. to he
expressed in the Certificate which certificates shall
be receivable at any time within sixty DAYS from
tf date thereof in payment of all debts due to the
United States at the port of New York for the fnII
sum therein certified. All gold or silver bullion
and foreign coin deposited, melted, parted refined
or assayed, as aforesaid, SHALL the option of the
deposition, be cast in the said office into bars os
or disco, either OF pure metal or of standard fine
ness, Gas the owner may prefer,) with a stamD
thereon of such form and device as shall he
prescribed by the Secretary of the Treasury.
accurately designating its weight and fineness;
Prou'ded That no ingot, bar, disc shall be cast
OF less weight than five ounces, unless the same
be of standard fneness, and of either one two. or
three ounces in weight.
And all gold or silver bullion, and foreign coin.
Intended by the depositor be converted into the
coins OF the United States, SHALL as soon as assayed
and it's net value certified as above provided be
transferred to the mint of the United States under
such directions as shall be made by the Secretary
OF the Treasury, and at the expense of the
contingent fund of the mint, and shall there be
coined.
And the Secretary of the Treasury is hereby
authorized, with the approval of the President of
the United States, to make the necessary regula-
tlons Tor the adjustment of the accounts between
the respective officers, upon the transfer of env
bullion or coin between the assay Office, the mint
and assistant treasurer in New York
Sec 12 And be it further enacted, That the
operations of melting, parting, refining, and
assaying in the said office, shall be under the een
eral directions of the Director of the Mint in sub
ordination to the Secretary of the Treasury; and
1t shall be the duty of the said director to prescribe
such regulations, and to order such tests as shall
be requisite to insure faithfuness, accuracy, and
uniformity in the operations of the said Office
SEC. 10. And be it further enacted That the
laws OF the United States for the government of
the mint and it's officers in relation to the recent
payment, custody of deposits, and settlement of
accounts, the duties and responsibilities of officers
and others employed therein, the oath to be taken
and the bond and sureties to be given hy them
Gas far as the same may be Applicability shall ex.
tend to the assay office hereby established and to
Its oilcers assistants, clerks, work men, and others
employed therein.
SEC. IA. -And be it further enacted, That the
same charges shall be made and demanded al the
said assay office for refining, parting, casting into
bars, ngots, or discs, and for alloy are, or shall
be, made and demanded at the mint; and no other
charges shall be made to depostors than by law
are authorized to be made at the mint; and the
amount received from the charges hereby autho
rzed shall be accounted for and appropriated for
defraying the contingent expenses of the said
Office.
SEC. IT, And be it further enacted, That the
Secretary of the Treasury is authorized to procure
by rent, lease, or otherwise, building or apart
ments in the city of New York, suitable for the
operations of said office, unless he shall be of
oDinion that suitable apartments in the cysto,n-