Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1873-04-03
LAWS OF THE UNITED STATES,
Passed at the Third Session OF the Forty
Second Congress.
lPUBLIsHE BY AUTHORITY
GENERAL NATURE-No. 81

Sec b. That the silver coins of the United
States shall be trade dollar, half dollar, or
| fifty cent piece, quarry dollar, or twenty five
cent piece dime, or ten cent piece; and the
weight of the trade dollar shall be four hundred
and twenty grains troy; the weight of the halt
gram, (gramme j the quarter dollar and the
| dime shall be- respectively, one half and one
firth of the weight of said half dollar and said
coins shall be a legal tender at their nominal
value for any amount not exceeding i've dollars
| in any one payment.
Sec. It, That the minor coins Of the United
States shall be five cent piece, three cent
piece, and one cent piece and the alloy for the
i've and three cent pieces shall be of copper and
| nickel, and the alloy of the one cent shall be
ninety five per centum OF copper and i've per
centum of tin and zinc, in suce proportions as
| shall be determined by the Director ofthe Mint.
The weight of the piece of five cents shall be
seventy seven and sixteen hundredths grains,
troy of the three cent piece thirty grains; and
and of the one cent piece, forty eight grains |;
| nominal value, for any amount not exceeding
twenty five cents in any one payment.
Sec. II. That coins, either of gold silvrr, or
coinage, shall hereafter be issued from the mint
other than those of the denominations, standard
and weights herein set forth.
Sec, Is. That upon the coins of the United
States there shall be the following devices and
and legands: Upon one side there shall be an
impression emblemotic of liberty, with an in
scription of the word Liberty and the year
of the coinage, and upon the reverse shall be the
figure or representation Of an eagle, with the
inscriptions United States of America" and
!" E Pluribus Umum," and designation of the
value of the coin but on the gold dollar and
three dollar piece, the dime, five; three, and
cent piece the the figure Of the eagle a shall
trade dollar the weight and the fneness of the
cein shall be inscribed; and the Director Of the
Mint, with the approval of the Secretary of the
Treasury, 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
silver coins. -ls -.fe 80
Sec. 10. That ct the option of the owner, gold
or silver may be cast into bars of fine metal
or of standard fneness, or impaired, as he may
pIefer, with stamp upon the same designating
the weight vnd fneness, and with such devices
impressed thereon as may be keemed expedient
to prevnnt fraudulent imitation, and no such
bars shall be issued of less weight than FIVE
ounces.
Sec 20. That any owner Of gold bullion may
deposit the same at any mint, to be formed into
coin or bars for his benefit; but it TALL be law
full to refuse any deposit Of less than enc hum
dred dollars, or any bullion so base as to be
unsuitable for the operations of the mint and
when gold and silver are combined, if either
metal be in such small proportion that it connot
shall be made to the depositor for its value.
Sec. q. That any owner of silver bullion may
deposit the same at any mint, to be formed into
bars, or into dollars of the weight Of four huns
dred and twenty grains, tray, designated in this
other coinage shall be received but silver paid
for in silver coin, at such valuation as may be.
from time to time established by the Director OF
the Mint.
Sec % That when bullion is deposited in
- 49,, 49,, q hall he had hV1f tA
superintendent, and when practicable, in the
presence of the depositor, to whom receipt
shall be given, which shall state the description
and weight of the bullion but when the bull
lion is in such state as to require melting, or
the removal of base metals, before its value can
be ascertained, the weight, after such operation,
| shall be considered as the true weight of the
| bullion deposited. The fitness of the bullion to
be received shall be determined by the assayer,
and the mode of melting by the meltor and re-
| finer. a -z5
Sec. %. That from every parcel of bullion
| deposited for coinage or bars, the superinten-
| dent shall deliver to the assayer a sufficient
portion for the purpose of being assayed, but
all such bullion remaining from the operations
| of the assay shall be returned to the superin-
tendent by the assayer.
Sec. "a. That the assayer shall report to the
superintendent the quality or fneness of the bull
lion assayed by him and such information as will
| enable him to compute the amount of the charges
hereinafter provided for to be made to the de-
| positor. N't l
Sec. %. That the charge for converting stand
ard gold bullion into coin shall be one fifth of
one per centum; and the charges for converting
standard silver into trade dollars, for melting
and refining when bullion is below standard, for
toughening when. metals are contained in it
which render it unfit for coinage, for copper used
for alloy when the bullion is above standard,
for separating the gold and silver when these
metals exist together in the bullion and for the
preparation of bars, shall be fixed, from time to
time, by the Director, with the concurrence Of
of the Secretary of the Treasury, so as to equal
but not exceed, in their judgment, the actual
average cost to each mint and assay Office of the