700
TWENTY-THIRD CONGRESS. Sess. I. Ch. 96. 1834.
Gold and sil-ver depositedforcoinage to bepaid for withinfive days.
Proviso.
Rate at whichgold coin shallbe receivable.
Gold coins tobe set apart forassay.
Proviso.
Act to be inforce after July31, 1834.
said gold coins shall be receivable in all payments, when of full weight,according to their respective values; and when of less than full weight,at less values, proportioned to their respective actual weights.
Sec. 2. And be it further enacted, That all standard gold or silver de-posited for coinage after the thirty-first of July next, shall be paid for incoin under the direction of the Secretary of the Treasury, within fivedays from the making of such deposit, deducting from the amount ofsaid deposit of gold and silver one-half of one per centum: Provided,That no deduction shall be made unless said advance be required by suchdepositor within forty days.
Sec. 3. And be it further enacted, That all gold coins of the UnitedStates , minted anterior to the thirty-first day of July next, shall be re-ceivable in all payments at the rate of ninety-four and eight-tenths of acent per pennyweight.
Sec. 4. And be it further enacted, That the better to secure a confor-mity of the said gold coins to their respective standards as aforesaid,from every separate mass of standard gold which shall be made intocoins at the said mint, there shall be taken, set apart by the treasurer andreserved in his custody, a certain number of pieces, not less than three,and that once in every year the pieces so set apart and reserved shall beassayed under the inspection of the officers, and at the time, and in themanner now provided by law, and, if it shall be found that the gold soassayed, shall not be inferior to the said standard hereinbefore declared,more than one part in three hundred and eighty-four in fineness, and onepart in five hundred in weight, the officer or officers of the said mintwhom it may concern, shall be held excusable ; but if any greater inferi-ority shall appear, it shall be certified to the President of the UnitedStates , and if he shall so decide, the said officer or officers shall be there-after disqualified to hold their respective offices: Provided, That if, inmaking any delivery of coin at the mint in payment of a deposit, theweight thereof shall be found defective, the officer concerned shall beresponsible to the owner for the full weight, if claimed at the time ofdelivery.
Sec. 5. And be it further enacted, That this act shall be in force fromand after the thirty-first day of July, in the year one thousand eight hun-dred and thirty-four.
Approved, June 28, 1834.
Statute I.June 28, 1834.
Act of June25,1834, ch.71.
Rates at whichgold coins shallbe receivableafter July 31,1834.
Annual assaysto be made.
Chap. XCYI .—An Act regulating the value of certain foreign gold coins withinthe United States , (a)
Be it enacted by the Senate and House of Representatives of the UnitedStates of America, in Congress assembled, That, from and after the thirty-first day of July next, the following gold coins shall pass as current asmoney within the United States , and be receivable in all payments, byweight, for the payment of all debts and demands, at the rates following,that is to say: the gold coins of Great Britain, Portugal, and Brazil , ofnot less than twenty-two carats fine, at the rate of ninety-four cents andeight-tenths of a cent per pennyweight; the gold coins of France nine-tenths fine, at the rate of ninety-three cents and one-tenth of a cent perpennyweight; and the gold coins of Spain, Mexico, and Colombia , ofthe fineness of twenty carats three grains and seven-sixteenths of a grain,at the rate of eighty-nine cents and nine-tenths of a cent per penny-weight.
Sec. 2. And be it further enacted, That it shall be the duty of theSecretary of the Treasury to cause assays of the aforesaid gold coins,
(o) Notes of the acts which have been passed relative to foreign coins, vol. ii. p. 374.