New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-03-14

| trade-dollar shall be paid out al the sew
eral mints and at the assay office IN New
York city, IN exchange tor gold CONS at
par. in sums not less than one hundred
| dollars; and it shall be lawful, also, to
| transmit parcels OF the same, from time to
| time to the assistant treasurers, deposlta-
! res and other officers of the United States.
| under general regulations proposed by the
| Director Of the Mint and approved by the
| Secretary OF the Treasury but nothing
| herein contained shall prevent the payment
| of silver coins, at their nominal Value, !oF
| silver parted from gold, as provided IN
| this act. or for change less than one
| dollar in settlement Tor gold deposits;
| provided, that for two years aiter
| The passage Of this act, silver cons
| shall be paid at the mint in Philadelphia
| and the ASSAY office in New ork city Tor
-,lver bullion purchased Tor coinage under
| such regulations as NAV be prc'cri"eH nS
! tnr Director OF the Mint, and approve" y!
| the Secretary of the Treasury.
| So. % That for the purchase ri metal
! for the minor coinage authorized by THIS
| net. a -um not exceeding fifty Thousand
| dollars in law.u! money q! tAc Unite"
| .rat,s sha!l be transferred by the Secretary
| ol tie Treasury 20 the credit OF the super
| ;n.rvtient OF the min; ~ Ptllaueipt!a, al
| whi.i, establishment only. unli Otherwise
! provided h.; law. such coinage shall be car
! .,9va! of the Director OF the Mint as 20
| price, terms and quantity. shall purchas"
| tn. metal required Tor such coinage ny
| public advertisement. and the lowest an't
| best BID .hal, be accepted. the ilneness "i
| -. metals to be determined on the mint
assay. The gain arising from the coinage
| al such metals into coin of a nominal value.
| eXCeeGiu" the cost thereof, shall be credited
| to the special fund denominated the minor
! coinage profit fund; and this fund shall be
| charged with The wastage incurred III such
| coinage, and with the cost Of distributing
| said coins az hereinafter provided. Inc
| balance remaining 70 the credit OF tnls
! fund. and any balance of profits accrued
! from minor coinage under former acts,
| shall be, from time to time, ana AZ least
I twice year. covered into Ile treasury %
| the United States.
| SEC. 30. That the miner coins authorized
| hv t.is act may, CT the discretion 81 the
| Director Of the Mint, be delivered n any
! OF the principal cities and towns OF the
! United states. at the cost OF the mint, f0r
transportation, and shall be exchangahi:
a par at the mint in Pmladelphla. at the
| discretion of the superintendent, Tor any
! ether coins of copper, bronze. or copper
| nicke. heretofore authorized by law; and Il
! shall be lawful for the Treasurer anG the
| several assistant treasurers and deposit
! aries Ut the United States to redeem, IL
| Iawfil: money, under such rules al. may be
| prescribed by the Secretary OF the Treas
| uly, all copper, bronze, and copper nickel
| coins authorized by law when presented in
| sum. OF not less than twenty dollars: anG
| whenever, under this authority, these coins
| are presented .Or redemption IL such guam
| tity a. - show the amount outstanding TO
| be redundant. the Secretary Ut the Treas
ury is authorized and required to direct
that such coinage shall CEASE E!tH other
| wise ordered by h!m.
SEC. 81. That parcels of bullion sha" be
| from time TO time transferred by the super
i,,t,uden. 70 the meter and retiner: care.
| fl! record Of these transfers, noting IN"
weight and character OF the bullion, shall
be kept, and vouchers shal! be taken for
the delivery OF the same. duly re-
ceipted Ey the melter and retner. an! the
! ai.i!0n ,hus placed in the hands If the
! meter ANA re.ner shall be subjected 70 the
several processes which may be necessary
! 70 torm il into inyOts OF the legal standard,
and OF u quality suitable for coinage.
SEC. p. That the :ugots 50 prepared shall
he assayed, and if they prove to be within
the limit. allowed for deviation IRON the
standard the assayer shall certify the fact
to tn. superintendent, who shall thercupon
receipt Tor tho same, and transfer them 10
the conner
>sC -: That no ing0ts shall be used fo,
AZ Son. than +ha f..llnvin, nr9nortious
narr,i-. IL onId in,nts. ON. thrusandth. !.
:i, ir[rn, +br.. tLou..nJtIs. in r,ir,,
nn;.'..o,. ..u.,s ,us,.v-.iyr tnnrs,ndths. IN
+hn ,,I.,,,,',rt;3n Of nickel
| SEC 81 The. the Ele!ter and rctin"E
SHAH prepare all bars required for the pay
mont IF denosi,s. mt Tho. tjuepass therea.
III H.. ..!.a,.sired and slammed :hcr.nn
~, Wv. a.saver. and the Iuelier and refine,
sSS,l ,.',i,fr sl,cL l.ars 10 tha sup.r;utraa
en+ 1vL, .halJ re,eir,, for the same.
Src =, Thar the superjnteoieu, shall
f.n,,, t;,or To-; l,oc. deliver 70 the conner III
r,.. 4,,r III. ,,,,rn,a. NJ .o;nape. A ,aratu
,a..,.ri -; hos. transfers. notlng the weigh,
AMI ,.barao+.r a. ,hr bI:liinr shall b. ken.
ana ,,n,,i,a.s shall he taken TOR the ,cliy
49,, ~ w.. SAM. GuIv rece,nted hy III,
| nrnr. ard +h,. ;ro,ts TINS niaced in III,
hands of,ha coiner shall h, Subjected TO .ht
several ,.r,....e. necessary ~ make from
,h..n ,,in. in ali rrsuects confor,uabl.. !,
ia,U
c,,, y. .r,,,.: -
HN. 80 ;s,.
',o .ao '; D,i
s""'. ~ t Go,,iI', on-,,, II,
h.i,. vi - ,J.o;n: :, tba ba(t
''-:'' .I ,au -; .to -
80 -. ''-o 20 80
90 IL 'i!,l ~" 80 p'o' ",,n ~
"; D." .a,to. ,rhan' da7;,arad h, ~.
80 .,,,ia,a,,Jant .nJ W., III.
''noA :. VI" ~ - - H.. ;n
III =" - ~ ih. ~
sin ron Inc s.'nL",' Nv" tboI,
Soe, i ' y IL y; ,,i, - .io. boIt
CO., ~ 80 - :; +L',-a,,-,
~ y ,''- =; on, th,u,a ~
49, "i"i i'N'' "'
'', 80, - ~, ~ ,S;r,o.-r, ~. ,r.f,b. q,
,,,a .Iyo- .n;r ~. foIjnt,;n, deyi5,tions
NV .l'.,'';1, =; I'll. ,'ia,,o