Band 
Vol. V.
Seite
141
JPEG-Download
 

TWENTY-FOURTH CONGRESS . Sess. II. Ch.3. 1837.

141

wishes of the depositor, unless when impracticable or inconvenient todo so; in which case, the denominations of coin shall be designated bythe director.

Sec. 31. And be it further enacted, That for the purpose of enablingthe mint to make returns to depositors with as little delay as possible, itshall be the duty of the Secretary of the Treasury to keep in the saidmint, when the state of the treasury will admit thereof, a deposite ofsuch amount of public money, or of bullion procured for the purpose,as he shall judge convenient and necessary, not exceeding one millionof dollars, out of which those who bring bullion to the mint may bepaid the value thereof, as soon as practicable, after this value has beenascertained; that the bullion so deposited shall become the property ofthe United States ; that no discount or interest shall be charged onmoneys so advanced; and that the Secretary of the Treasury may atany time withdraw the said deposite, or any part thereof, or may, at hisdiscretion, allow the coins formed at the mint to be given for theirequivalent in other money.

Sec. 32. And be it further enacted, That to secure a due conformityin the gold and silver coins to their respective standards and weights,an annual trial shall be made of the pieces reserved for this purpose atthe mint and its branches, before the judge of the district court of theUnited States, for the eastern district of Pennsylvania , the attorney ofthe United States, for the eastern district of Pennsylvania , and the col-lector of the port of Philadelphia , and such other persons as the Presi-dent shall, from time to time, designate for that purpose, who shall meetas commissioners, for the performance of this duty, on the second Mon-day in February, annually, and may continue their meetings by adjourn-ment, if necessary; and if a majority of the commissioners shall fail toattend at any time appointed for their meeting, then the director of themint shall call a meeting of the commissioners at such other time as hemay deem convenient; and that before these commissioners, or amajority of them, and in the presence of the officers of the mint, suchexamination shall be made of the reserved pieces as shall be judgedsufficient; and if it shall appear that these pieces do not differ from thestandard fineness and weight by a greater quantity than is allowed bylaw, the trial shall be considered and reported as satisfactory; but if anygreater deviation from the legal standard or weight shall appear, thisfact shall be certified to the President of the United States , and if, ona view of the circumstances of the case, he shall so decide, the officeror officers implicated in the error shall be thenceforward disqualifiedfrom holding their respective offices.

Sec. 33. And be it farther enacted, That copper bullion shall bepurchased for the mint, from time to time, by the treasurer, underinstructions from the director; that the cost shall be paid from the fundhereinafter provided for; and that the copper bullion shall be of goodquality, and in form of planchets fit for passing at once into the handsof the chief coiner.

Sec. 34. And be it further enacted, That the copper planchets shallbe delivered, from time to time, by the treasurer to the chief coiner,to be by him coined; and all such copper shall be returned to the trea-surer, by the chief coiner, weight for weight, without allowance forwaste.

Sec. 35. And be it further enacted, That it shall be the duty ofthe treasurer of the mint to deliver the copper coins, in exchange fortheir legal equivalent in other money, to any persons who shall apply forthem : Provided, That the sum asked for be not less than a certainamount, to be determined by the director, and that it be not so great as,in his judgment, to interfere with the capacity of the mint to supplyother applicants.

Deposit of pub-lic money to bekept in the mintby Secretary ofTreasury.

Annual trial ofcoins.

Act of March3, 1823, ch. 42,sect. 2, repeal-ed.

Purchase ofcopper bullion.

Coinage ofcopper.

Copper coinsmay be ex-changed forother money.

Proviso.