The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1873-03-24

charged anu ited to each Off er shall be allowed
as necessary wastage, If the superintendent shall be
satiseu that there has been bona-de waste OF the
precious metals, and if the amount shall not exceed,
IN Inc case OF the melter and rener, one thousandt
% lie Whole amount of gold and one anu one-nan
thousaDuth OF the whole amount OF silver delivered
TO him since the annual settlement, and IN the case
OF tie coiner, one thousandlh OF the wnole amount
Of silver and one-iiaf thousandth OF the whole
amount of go that has been delivered to nm by the
superintendent; and all copper used IN the alloy OF
goiu and silver bullion shall re separately charged to
The melter and Ienner, and accounted for by HIM.
SEC. Al. That it shall also be the duty Of The
perint.ndent 10 forward "a correct statement of his
paance-sheet at the cose OF such settlement to the
Director OF the Mint, who shall compare the total
amount OF gold and silver bullion CON on hand
with the total liabilities of the mint. AT the same
Zine statement OF the ordinary expense account
and the moneys therein, shall also be made by the
superintendent.
SEC. 45. That when the coins or bars which are
the equivalent to any deposit bullion are ready for
delivery, they shall be pad the depostor or his or
der, by the superintendent; and the pay ments shall
be made if denan Led, in the order in which the bull
hon SHALL have been brought to the mint: but in
where there is delay in manipulating a refrac-
tory deposit for any other unavoidable cause the
payment OF subsequent deposits the value of which
known, Shall not be delay ed thereby and in the
denominations of coin delivered, the SUPERINTENDENT
shall comply with the wishes of the depOstor except
wien impracicabe or inc0nvenent to do so.
SEC. AZ. That impaired bullion may be exchanged
at any of the minis for fine bars, on snch terms and
onutions may be prescribed by the Director of the
MINT, with the approval of tho Secretary of the
Treasury; and the ne4ess, weight anu value of the
bullion received anu gwen in exchange shall in all
cases be determined by the mint assay. The charge
to the deposor for refining OF parting shall not eX-
cee that allowed and deuucteu for the same opera
ton in the exchange OF unretbe1 for rehnet bullion
SEC. Al. That lor the purpose o. enabling The
minis and the assay-ottice III New York to make re-
ouins depositors with little delay as possible, it
shall be the duty Of the Secretary of the Treasury to
Keep in the SAID minis am assaytSmce, wneh tne
amount Of public money, or bullion procured Tor the
purpose, he shall juige convenient and necessary,
| JuJ OF which those who bring bullion to the said
IN
coin or bars soon as practicable after the value
mas been ascertained; ami on payment thereof pelng
| made, the bullion deposited shall become The
property of the United States; but the Secretary OF
.ne Treasury may AZ any time Withdraw the tuha Vi
any portion thereof.
| SEC AZ. That to secure due confol nifty in the
gold and silver coins to their respective standaus Oh
neness weight the Judge If the district co ri OF
.he United for the eastern district Of Pennsyl
Of The ssay-otice at New York. and such other per-
sons as the President SHALL from time to design .te
shall meet as assay -cOmmSsioners, at the mint III
.,hadephil to examine and test i'll The presence OF
The Director of the Mint the hneness anu weight Oh
The reserved by tne sever MINIS aOr Inns puf-
~ and ma continue their meetings by adJ 1uinmenC
if neeessa il m jority of the commissi neis Shall
an 10 ;attUl at ANY lime appointed Tor lhelf neeG-
ne the Director of the Mint shall call meeting OF
he commissions. at such other time as he may ueem
onvenent; and If it shall appear by sum eAaihina
ion and test that these coins not differ from the
standard tneness and wei int by greater quanuty
han is allowed by law, the trial shall be consuefed
repJrteQ as IL any SiO. u WV
lion from the legal standard weight Shall appear
Ibis fact shall be certified to the lent OF tne
Uuited States; and ii, on view OF TIE circumstances
i The case he shall decide, the officer OF officers
implicated in the error shall be lhenceforward DIS
qualified from holding their respective Offices
SEC. 49, That for the pup we Of securing que
10 the provisions OF this act, the brass pounu
weight procured by the minis er of the United States
at London in the year eighteen hundred and twenty
yseven, for the Of the mint an now in the Gus
ody If the Mint Philadelphia, shall be the stand
| ard troy pound Of the mint OF the United States
;onformably to which the coinage thereon Shall be
| regulated
SEC. 80. That it shall be the duty of the Director
Of the Mint to procure for each mini and
20 be kept safely theeat series of standard weights
corresponding The afuresai tro. pound consisting
of onepound weight and the requisite subdivisions
ind muIipes thereof, from the hundredth part IF a
grain to twenty-five pounds; and the troy weights
,rinai lily emp oyed in the TRANSACTION Of such nints
nd assay shall be regulated according to the
above andirds at least in every year, untier
The inspection of the superintendent and assayer;
md the accuracy of those used at the mint at Phila
iepia shall be tested annually, in the presence of
the commissioners, at the time of the annual
| examination and test OF coins.
| SEC. 81. That the diverse working dies at each
mint shall at the end of each calendar year, be de-
AGED and destroyed by the coiner in the of
che superintendent and assayer.
SEC 81. That dies of national character may be
executed bc the engraver, and national and other
medals struck by the coiner OF the mint at Phia,e-
phia, under such regulations as the superintendent,
with the approval of the Director of the Mint, may
resc ibe: Provided, That such work shall inter-
ere with the regular coinage operations, and that no
private medal dies shall be prepared at said MINT or
he machinery apparatus thereof be used for that
| purpose.
Sec So. That the moneys arising from all charges
| and deductions ON and from gold and silver bullion
and the manufacture of medals, and from all other
sources, except hereinbefore provided shall ON
| lime to time, be covered into the treasury of the
United States, and no part of such deductions or
medal charges or profit on silver minor coinage
shall be expended in salaries wages; but all expen-
'iitures Of the mihts and assay-ofices not herein
otherwise provi ed for shall be paid from appropria-
lions made by law on estimates furnished by the Sec
| rotary of the Treasury.
SEC. 81. That the officers of the United States as
say flee at New York shall be superintendent an
assayer, and meter and refiner, who shall be APP
pointed by the President by and with the advice and
consent Of the Senate I he business of said assay
ofce shall be in all respects similar to that of the
mints except that bars only, and not co, shall be
sse Sr @R and m Sasn be
tie depostor to be conyortef into coins of the United
States, and silver built purchased for coinage, when
ed shall transferred to the mint at Philadelphia
under such direction as shall be made by the Secreta-
fund of The mint and shall be there coined and the
proceeds returned to the assay office And the Secre-
the necessary arrangements for the adjustment of
Ghe accounts upon such transfers between the re-
| spective offices.
| SEC. IS. That the duties of the superintendent,
assayer, and melter and reiiner of said office shall
correspond to those OF superintendent, assayers,
and meters and refnes of mints; and all parts of
This act relating to minis and their officers the duties
and responsibilities of SUCH officers, and others
ployed therein the oath to be taken and the bonds
and surees to be given by them, Gas far the same
may be Applicability shall extend to the assay-oce at
New York. and to its officers assistants clerks work
men, and others employed therein.
SEC. Sc. That there shall be owed to the officers
OF the at New York CITY the fllowin saa les
per annum To the su erintendent four thou sand ii
hundred dollars to the assayer, and to the meter
md refiner, each, three thousand doll ,rs; and tie
salaries OF assistants and Jerks end wages work
men, and their manner of appointing MT Shall be de-
term1nou and regulated herein d a,t in o,rd
to minis.
SEC. 81 That the business of the branch-mint at
Denver, While conducted as an assay-oiiice and of
the assay at Use city, Id iho and all other as
say-tfces to be established, shall be confined to the
receipt CT gold and silver bullion for melting and as
SAYING to be returned to depositors of the same in
oars, with the weight and tneness stamped thereon:
lni the officers of assay offices, when their services
are necessary, shall consist of assayer who shall
have charge thereon and meter, to be appointed by
he resident, by and with the advice and consent
les, senate; and tt g assayer may employ many
The director of the Mint, may be provide for by
law The salaries of nd office shall not exceed the
sayer and meter, thousand eight hundred dollars
each to the clerks, and the woi kmen and laborers
shall receive such wages as customary according
20 their respective a IONS and occupations.
SEC. 81. That each oIfcer and clerk to be appoint
ell at such as ay,otces, before entering upon tile
ecuton of his office, shl take oath affirmation
before som ju ige of the Unite States, of the
p-eme curt, escribed oy he OF July second
eli shCeen hunir d and sixtv-two and EACH b.cDme
oyund to b; Uni ed states of America with
sfe les, to the Sd isfa,ion of the Direc-
tor of the Mint OF the judges of the supreme
court of The State or Territory inWhch the may
be loca ed and OF the Secretary Of the Treasury con-
diioned Tor the faithful perform of the duties of
their Offices and the sai assaye shall discharge the
duties Of discussing agents for the payment Of the
expenses OF their respective ass y-offices.
SEC. 3d. That the general detection of the business
of assay-ofices of the United States shall be under
the control and regulation of the Director of the
Mint subject to the appreciation of the Secretary of
the easury; and for that purpose it shall be the du-
Oh the SAID Director to prescribe such regulations
anu {, require such returns periodically and OCCASION
any ana ~ establish such charges for melting part
Jug aSsayng, and STAN, ing bullion as shall ar,pear
70 hlm To be necessary for the purpose of CARRYING
INTO eject The in ention of this act.
SEC 60 That all tn provisions of this act for tbe
regulation OF the minus OF the United States and for
tne government O. the officers and persons emnoy ed
the.ein, anu for the punishment of all otenses con-
nected WI the mins or coinage of The United States
shall g. and they are hereby declared to be- in fnIi
force in fela ion to the assay offices far as the same
may be applicab Q thereto. '''A0
SEC. 81. That if any person or persons shall,
falsely make FORGE counterfeit, or cause or bro
cure to be ia seiy de, TO ged, counterfeit ed or
willingly aid Or assist in falsely making forging or
counte. Il ting any coin bars in resemblance or
sniitude eft the gold silver coins or bars, which
have been, or her.af may be, coined stamped at
the mints and assay-ofices of the United ates
IN resemblance similitnde of any foreign gold or
silver which by law is, or hereafter may be made,
current i'll he United States, in actual use and
circulation a. MONEY! within the United States or