Daily national Republican. [volume] (Washington, D.C.) 1862-1866, 1864-04-05
Az ACT for the Regulation Of the Currency.
tPassed 25th March, Is09

/. The denomination of money In the cur
rency Of this colony shall be dollars and
cents, in which currency the cent shall be the
one .hundredth part of dollar; and all public |
accounts shall be kept, all public moneys paid
and received, all yerdicts received and judg
ments entered, and other legal proceedings
taken In such currency.
II. The British sovereign OF lawful weights
shall be held tobe equal TO and shall be legal
tender and pass current for four dollars and
eighty cents currcncyi and all parts OF the
sovereign shall pass current and be legal
tender In currency after the like rate, accord
ing to the proportion they respectively bear to
the sovereign.
III. The gold eagle Of the United States,
coined AFTER the first July, eighteen hundred
and thirty -four, and while the standard offne-
ness for gold coins then fixed by helaws OF the
United States remains unchanged, and weigh
ing ten pennyweights eighteen grains troy
weight, shall pass current and bo legal tender
for nine dollars and eighty.nyc cents currency
and all multiples and parts OF such eagle, OF
like date and proportlonate weight, shall pass
current and be a legal tender In currency after
the like rate, according TO the proportion they
respectively bear to the eagle.
". The silver coins Of the United Kingdom,
while lawfully current therein, shall pass cur
rent and be legal tender for sums In currency
after the rate fixed as aforesaid for the gold
coins of the United Kingdom, according to the
proportion such silver coins bear to such gold
coins Provided that no tender In silver coin
TO a greater amount than ten dollars shall be
valid.
V. The foreign gold coin called the doubloon,
containing three hundred and sixty-two grains
of puresgold, shall pass and be legal tender
in currency for fifteen dollars and thlrty-flye
cents.
VI. The American, Peruvian, Mexican, Co
lumbar, and old Spanish dollars, being OF the
full weight Of four hundred and sixteen grains,
aud containing not less than three hundred and
seventy-three grains Of pure silver, shall pass
current, and shall be a legal tender at the rate
OF one hundred cents each; and the several d.
visions Of such coin shall pass current and be
a legal tender in currency after the like rate,
according 70 the proportion such divisions shall
respectively bear to the coins Of which they arc
parts. Provided that no tender Of such coins
to greater amount than ten dollars shall be
valid.
VII. 1t shall be lawful for the Governor in
Council to obtain and import such quantity of
copper or bronze cents and half cents as may
be necessary for the purposes OF this act, which
cents and half cents shall be a legal tender for
any amount not exceeding twenty-five cents;
| and when and after this act shall have come
into operation, the copper coinage then in cir
culation shall be called IL, and one-half OF Its
circulating value paid TO the holder; and no
other copper or bronze coins, other than Brit
|
shall pass current in this colony. Provided
that no person be entitled to be paid for any
such copper coins then in circulation until he
shall have made and signed, before a stipen-
diary magistrate, an affidavit setting forth that
he had not been In any way concerned In the
importation Of such coin, or in any part there
OF, but was In the possession OF the same In the
ordinary course Of bis trade or business, on the
day on which this act shall have come into op-
Grafton.
VIII. Such gold and silver coins represent.
ing dollars, or multiples or divisions OF the
| dollar currency, rs her Majesty shall sec 1T to
direct TO be struck for that purpose, shall, by
such names, and at such rates, and for such
amounts, as her Majesty, by her proclamation,
| shall assign, pass current, and be n legal ten
der in this colony; the standard Of flneness OF
such coins being the same as that now adopted
for coins Of the United Kingdom, and their In
trinslc value bearing the same proportion 10
their current value as British coins respectively
bear to their current value under this act.
TX. Her Majesty may at any time declare,
by proclamation, that any other gold or silver
coins OF any foreign State shall, when Of the
weights assigned therein, pass current and be
q legal tender at rates in currency TO be assigned
to them respectively in such proclamation,
such rates being proportionate TO the quantity
of pure gold and silver contained in such coins,
as compared with the rates Of British coins cur.
rent under this act.
X. Gold coins current under this act shall be
legal tender by tale, so long as they shall not
want more than two grains Of the weight as
signed to them by this act, or by her Majesty's
proclamation; provided that in any one pay
ment above fifty pounds the person paying may
pay, or the person receiving may insist on re-
ceiying, the said British gold coins by weight,
at the rate Of eighteen dollars and sixty nine
and half cents per ounce troy, and the said
gold coins Of the United States, by weight, at
the rate OF eighteen dollars thlrty-two nlneslx-
teenths OF a cent per ounce troy.
XI. All existing liabilities, whather under act
of the Legislature, Judgment, rule, or order OF
court OF Judicature, or private contract, shall
be discharged as follows: The pound of present
currency by payment OF four dollars; the pound
OF local sterling (equal to tWenty-thrCe shil.
lings and twelye-thirteeiths Of penny of pres
ent currency by payment Of four dollars and
siTty-One ccntsj and the pound British sterling
(equal to twenty.four shllllngs OF present cur.
rency) by payment OF four dollars and eighty
ccntsi and nothing In this act shall affect the
rights OF parties claiming local sterling or
British sterling under any act OF the Legislature
or private contract now subsisting.
XII. In all future contracts the term pound
shall moan and be equivalent TO four dollars
currency; and the term pound sterling shall
mean and be equivalent to four dollars and
eighty cents currency.
XIII. Any person who shall falsely make or
counterfeit any coin resembling, or apparently
intended to resemble or pass for, any gold or
silver coin current under or by virtue Of this
act or any proclamation Hereunder, or who
} shall Import into this colony any such false or
counterfeit coin, shall be guilty OF felony, and
being convicted thereof, shall be liable, at the
discretion OF the court, to transportation be-
yond seas for life, or for any term not less than
seven years. or TO be imprisoned, with hard
labor, for any term not exceeding four years;
and every such offence shall be deemed TO be
complete, although the coin so made or coun.
terfelted shall not be In ilt state TO be uttered
or the counterfelting thereof shall not be hn'
ished or perfected.
XIV. Any person who shall tender, utter, OF
put of any such false or counterfeit coin,
knowing the same to be false or counterfeit
shall be guilty Of misdemeanor. and, being
convicted thereof, shall be imprisoned, with
hard labor, for any term, not exceeding one
year.
XIV. This act shall not be in force until
sanctioned by her Majesty, nor until day
thereafter TO be fixed by proclamation Of his
Excellency the Governor, published in the
Royal Gazette.
THE HERALD OF MIsCEGESATIoN.-The fol,
lowing is an extract from the New York cor.