New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-03-04

i
| discretion, increase the bonds of the super
| intendent.
SEC. IL. That there shall be allowed TO
| the Director of the Mint an annual salary
| Of tour Thousand FIVE hundred dollars and
| actual necessary travelling expenses in Wis
| iting the different minis and assay offices,
| for which vouchers shall be rendered; to
| the superintendent of the minis at Phila-
| delphia and San Francisco each four thou
| sand five hundred dollars; TO the assayers,
| meters and retners, and coiners OF said
| nlnts, each three thousand dollars; to the
engraver of the mint at Philadelphia,
| three thousand dollars to the super.ntend-
ent of the mint at Carson City, three thou
| sand dollars; and to tho assayer, to the
melter and retiner and to the cOiner OF the
mint at Carson City, each two thousand
five hundred dollars; to the assistants and
| clerks such annual salary shall be allowed
| as the Director of the Mint may determine,
| with the appreciation of the Secretary OF
| the Treasury; and to the workmen
shall be allowed such wages, to be
determined by the superintendent,
as may be customary and reasonable ac-
| cOrding to their respective stations and oc-
| equations, and approved by the Director OF
| the Mint; and the salaries provided for in
| this section, and the wages of the wOrkmen
! permanently engaged, shall be payable in
Inenthly installments.
SEC. -. That the standard for both gold
| and silver coins of the United States shall
! be such that of enc thousand parts by
weight nine hundred shall be of pure metal
| and one hundred of alloy; and the alloy
| of the silver coins shall be of copper, and
| the alloy Of the gold coins shall be of cop
| per, or of copper and silver; but the silver
| shall i'll no case exceed one-tenth Of the
| whole alloy.
SEC IA That the gold coins of the United
| bol ho Il nh OF
| the standard weight of twenty-five and
| eight-tenths grains, shall be the unit of
| value; a Guartereagle, or two-and- halt
| dollar piece; three-dollar piece; half
eagle, or tive-dolar piece; an eagle, OF ten
| dollar piece; and a double eagle, or twenty
| dollar piece. And the standard weight
| of the geld dollar shall be twenty-five
and eight-tenths grains; of the quarter
| eagle, or two-and-a half dollar piece.
sixty-tcur and a half grains OF the
| three-dollar piece. seventy seven and
| four tenths grains; of the half eagle, or five
! dollar piece, one hundred and twenty nine
| grains; of the eagle, or ten dollar piece, two
hundred and tifty-eight grains; of the
! double eagle, or twenty dollar piece, five
hundred and sixteenIgraine; which coins
shall be legal tender in all payments at
| their nominal value when not below the
standard weight and limit of tolerance pro-
vIded IN this act for the single piece, and,
when reduced in weight, below said stand
| ard and tolerance, shall be legal tender
at valuation in proportion to their actual
weight and any gold coin of the United
States, if reduced in weight by natural
abrasion not more than Onehalt of one per
ccntum below the standard weight pre-
sCribed by law, after q circulation of twenty
years, as shown BY its date OF coinage, and
at ratable proportion tor any period less
than twenty years, shall be received at
their nominal value by the United States
treasury and its offices, under such regula-
tons as the Secretary of the Treasury may
prescribe for the protection of the govern
ment against fraudulent abrasion or other
PRACTICES and any gold coins in the treasury
OF the United States reduced in weight be-
low this limit Of abrasion shall be recOiDed'
SEC. 10. That the silver coins of the
United States shall be trade dollar, a half
dollar, or fifty cent piece, qnarterdollar,
or twenty -fvecent piece, q dime, or ton
cent piece; and the weight of the trade dol
lar shall be four hundred and twenty grains
troy; the weight of the half dollar shall be
twelve grams tgrammes) and one-haf of a
gram (grammel; the quarter dollar and the
dime shall be. respectively, one-hslf and
One-titth of the weight of said halt-dOllar
and said coins shall be legal tender at
their nominal value for any amount not ex-
oeeding five dollars in any one payment.
SEC. I6. That the minor coins of The
United 5. etes shall be fve-cent piece, a
threecent piece, and One-cent piece, and
the alloy for the five and three cent pieces |
shall be of copper and nickel, 10 be com
posed of three tOurths copper and One-fourth !
nickel, and the alloy of the onecent piece
shall he ninetytye per centum of copper
and Ave per centum of tin and zinc, in such |
proportions as shall be determined by the
Director OF the Mint The weight of the
piece OF five cents shall be seventy-seven I
and sixteen hundredths grains, troy; of the |
three-ceDt piece. thirty grains; and of the |
one cent piece, forty eight grains; which |
coius shall be q legal tender, az their nOmi- |
nal value, for any amount not exceeding |
twenty i've cents i'll any one payment.
SEC. Il. That 10 coins, either of gold, |
silver or minor coinage. shall hereafter be
issued from the mint other than those OF |
the denominations, standards aud weights |
herein Set forth.
SEC. Is. Tha. uron tn" coins OF the United |
States there shall be the following devices |
and legends: Upon One side there shall be !
an impression emblematic of liberty, with !
an inscription of the word Liberty" and |
the year Of the coinage, and upon the re- j.!
verse shall bs the figure or representation
CT an eagle, with the insert ptI0ns United |
States of America aud "E Plurbus Unum," |
and u designation of the value of the coin;
but on the gold dollar and three |
dollar piece, the dime, five, three |
aud one cent pieces the figure of the eagle |
shall be omitted; and on the reverse of the |
silver trade dollar the weight the and fine |
ness OF the ccin shall be inscribed; and the |
Director of the Mint, with the approval Of the |
Secretary OF the Treasury, may cause the |
motto ''In God we trust to be inscribed |
upon such coins as shall admit of such |
motto; and any one of the foregoing in |
soriptiOns may 90 on the giIn OF the gold |
and silver coins.
SEC. %. That az the option OF che |
owner. gold or silver may be cast |
into bars o. line metal, or of stand |
ART. fneness. or impaired. 80 no may
prefer. with q stamp upon the same !
designating the weigh. and tinene,s, |
and with such devices impressed there
on as may be deemed eypedient to |
proven. fraudulent imitation, and no such |
bars shah 30 issued Ok y !es. weight than |
five ounces.
See. 90. That any owner Of gold bullion |
may deposit tbs same in any mint, 80 be |
formed into coin OF bars for his benefit; but |
it shall be lawful to refnse any deposit of |,
less value than one hundred dollars, or any |
bullion so base as to bs unsuitable fer the I
operations OF the mint. and when gold and |
silver are CON bined, if either metal 5e in |
BGCh small proportion that it cannot be |
separated a;iVantageously, no allowance |
Shall be made TO the depOsitor for its value. |
SEC. II. IEat any owner OF silver bull |
lion may deposit the saIue at any mint. to |
b. formed INFO bars, or into dollars Of the |
weight OF four hundred and twenty grains, |
troy, designated in this act as trade dollars, |
and no deposit OF silver for other coinage |
shah be received; but silve. bullion con
tanned in gold deposits and separated !
thereir0m. may be paid iUC in silver coin. at !
such valuation a. may be-. from time to |
time. established by .he director OF the !
Mint.
SEC - That whrr bullion i. deposited in |!