Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-03-01

Of that delivery are within the legal limits of
sns standard weight; and Il his trials for this
purpose snail not prove satisfactory, he shall
cause Al the coins Of such delivery TO Ne
e sssss s sasp 4 g sSs
meter and re6ner Is standard bullion 10 be
agam formed into ingots and recoined; OF the
moe delivery may, IL more convenient, be re-
SEC. 20. That at every delivery of CONS made
by the coiner to superintendent IL shall be the
onty OF such super,ntendent, IN the presence of
tne assayer, to take indiscriminately certain
number Of pieces of each variety tor the annual
trial Of coins, the number for gold coins being
not less than one piece for each one thousand
pieces delivered; and for silver coins one piece
Tor each two thousand pieces or any fractional
part of two thousand pieces delivered. The
pieces so taken shall be carefully sealed up in
an envelope, properly labeled, stating the date
OF the delivery. the number and denomi ma ton
OF the pieces inclosed. and the amount of the
delivery from which they were taken. These
sealed parcels containing the reserved pieces
shan be deposited in a pyx, designated for the
purpose at each mint, which shall be kept
under the joint care of the superintendent and
assayer, and be 80 secured that neither can
have access to its contents without the presence
81 the other, and the reserved pieces In their
sealed envelopes from the coinage of each mint
shall be Transmitted quarterly to the mint at
fhiadelphia. record shall also he kept at the
same time of the number and denomination of
tie pieces so taken for the annual trial of coins.
ana OF the number and denomina ion of the
pieces represented by them and SO delivered q
copy OF which record shall be transmitted
quarterly to the Director of the Mint Other
pieces may, at any time, be taken for such
tests as the Director of the Mint shall prescribe.
SEC. H. That the coiner shall, from time 20
time, deliver TO the superintendent the clip
pings and other portions of bullion remaining
after the process of coming; and the superiRten-
dent shall receipt for the same and Keep a care
fui record of their weight and character.
SEC. a.. That the superintendent shall debit
the cOiner with the amount in weight of stand
ard metal of all the bullion placed in his hands,
and credit him with the amount i'm weight OF ali
the coins, clippings, and other bullion returned
by HIM to the superintendent. Once at least in
every year, and at such time as the Director of
the Mint shall appoint, there shall be an accu-
rate and fun settlement of the accounts of the
coiner, and the melter and refiner, at which
time the said sfheers shall deliver up to the SUI
pertntendent all the coins, clippings, and other
bullion in their possession. respectively accom-
panied by statements OF all the bullion delivered
to them since the last annual settlement and all
the bullion returned by them during the same
period, including the amount returned for the
purpose of settlement.
SEC. 4S. That when all the coins, clippings.
and other bullion have been delivered to the
superintendent, il shall be his duty to examine
the accounts and statements rendered by the
conner and the melter and refiner, and the diff
ference between the amount charged and cred
tied to each officer shall be allowed as necessary
wastage If the superintendent shall be satisfied
that there has been q bona fde waste of the
exceed, in the case of the meter and reIner
one thOusandth of the whole amount of gold
and one and One-half thOusandth of the whole
amount of silver delivered to him since the last
annual settlement, and in the case of the
coner, one thOusandth of the whole amount of
silver and One-half thousandth of the whole
amount of gold that has been delivered to him
10y the superintendent; and all copper used in
the alloy of gold and silver bullion shall be sep
arately charged to the melter and reiiner and
accounted for by him.
SEC laf q. a1a l., A.
superintendent to forward correct statement
of his balancesheet, at the close of such settle
ment, to the Director of the Mint, who shall
compare the total amount of gold and silver
bullion and coin on hand with the total liabl-
tiles of the mint. At the same time a statement
of the Ordinary-expense account. and the
moneys therein, shall also be made by the SUI
perintendent.
SIC. 45. That when the coins or bars which
are the equivalent to any deposit of bullion are
ready for delivery, they shall be paid to the de-
positor, or his order, by the superintendent: and
the payments shall be made, if demanded, i'm
the order in which the bullion shall have been
brought to the mint; but i'm cases where there is
Ie!ay In manipulating a refractory deposit, or
Tor any other unavoidable cause, the payment
of subsequent deposits, the value of which is
known, shall not be DELAYED thereby; and in the
denominations of coin delivered, the supcrin-
tendent shall comply with the wishes of the de-
position, except when impracticable or inconve-
nient to do so.
SEC. i6. That impaired bullion NAV be cx-
changed at any Of the minis for fine bars, on
such terms and conditions as may be prescribed
i,y the Director of the Mint, with the approval
Of the Secretary of the Treasury; and the fine
ness, weight, and value of the bullion received
and given in exchange shallin all cases be de-
ferminod by the mint assay. The charge to the
coed that allowed and deductsd for the same
operation in the exchange of unreflned for re-
fined bullion.
minis and the assay Office in New York to make
returns to depostors with as little delay az
possible it shall be the duty Of the Secretary Of
the Treasury to keep in the said minis and as
say-ofice, when the state of the treasury will
admit thereof, such an amount of public money,
or bullion procured for the purpose, as he shall
those who bring bullion to the said minis and
nssay-ofiice may be paid the value thereof, i'm
coin or bars, as soon as practicable after the
thereof being made. the bullion so dsrnsitea
shall become the property of the United States;
hut the Secretary of the Treasury may at any
TINE wi IN the Iund, or any portion thereof
SEC. ~. That to secure due conformity in
gold and silver coins to their respective stan
dards Of fneness and weight. the judge of the
district court of the United States for the cast
ern district Of Pennsylvania, the Comptroller Of
the Currency, the assayer OF the assay-Office at
New York, and such other persons as the Presi-
dent shall, from time to time, designate, shall
meet as assay commissioners, at the mint in
Philadelphia, to examine and test, in the pres
ence of the Director Of the Mint the ftneness
and weight OF the coins reserved by the several
day in February, annually, and may continue
their meetings by adjournment, if necessary; il
majority of the commissioners shall fail TO at
tend at any time appointed for their meeting,
the Director of the Mint shall call meeting Of
the commissioners at such other time rs he NAV
deem convenient; and il it shall appear by such
examination and test that these coins do not
differ from the standard fneness and weight by
greater quantity than is allowed by law, the
trial shall be considered and reported as salts
factory; but II any greater deviation from the
legal standard or weight shall appear, this fact
shall be certified TO the President of the United
states; and II, on a view Of the circumstances
of the case he shall so decide, the officer or off,
GERS implicated In the error shall be thencefor-
ward disqualified from holding their respective
Offices.
SEC. ~. That for the purpose of securing a
due conformity in weight of the coins of the
United States to the provisions of this act the
brass rOy-pOund weight procured by the minis
ter of the United States at London in the wear
eighteen hundred and twenty seven, for the use
Of the mint, and now in the custody of the mint
at philadelphia, shall be the standard troy
pound of the mint of the United States, con-
formally to which the coinage thereof SD all be
regulated.
SEC. 80. Thatit shall be the duty of the Dr.
rector OF the Mint to procure for each min and
assay-otfice, to be kept safely thereat, a series
OF standard weights corresponding to the afore-
said trOy-p0und, consisting of a one-pound
weight and the requisite subdivisions and mnI-
q V.Ia fsN Av.A -lxp-