Page:United States Statutes at Large Volume 44 Part 1.djvu/1009

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995 TITLE $1.-·-HONE COINS AND COINAGE Section 311. Pélicy of United States as to bimetallisnw-—It is jusyylay d€‘ClHI;€d tc the of u-IB United _St?8t€$ to Q01]- »`zi:.u.· the use bf both gold dud silver as stapdard money, and {so win both gold and "sjlyer into money pt equal intrinsic and iwllilnlgeuble value, such equdlity ·t0 be secured thropgh in- I ll;·z.{lei4»z1a1 agreement, oi by? such safeguarg of legislation as ml insure the` maintengncc of the_p&1'1ty.in value of theqoins U; me mo metals, Emi the equal power of every dollaxjat; all lim. in the markets and in the payment ofdebts. And it is _ ig. zu-by further declared thatthe ei!0rts”‘0f the Government »§.~uid be steadily directied to the establishment of such_a- safe I ·,~.·>:.-un ofbi'1i1eta1lism_as will maintain at%a1`1-tinges the cqu`a1

,;.wQ·l· of qvery dollar coined or issued by the; Unitéd States, in'

ml. markets and in the payinenteot debts. (Novf 1, _1.893,‘ é. s, zsstaf. 4;d)V _ . “ 312. Intenlatisnal mcmetark '¢6l\f&1'¢I\¢B;·‘¢0!RlR;iS8i0ll.€!8»—-F

  1. \\‘餷z¤és·er the President of the United Stateslshgll determine

sm; the United States should be represented at any »inter;_· zlzzzmml conference called by the- Uhitéd States ·0s:`any Qthét Cl·m.:ry‘ with a view lc securing by international agreement a

>l;ny`uf rclativé value between gold gud silver as xi10he·y_;by‘

¥li<*;lll_S -0f (!(l!I11§0.!1._1‘&H0; Hl€t8.]S, fI€§l mimage at such ratio, hg maylgappoinit tive. or guore éommis- >l~z¤~rs to such iuteiuatioual denfcrencej and for compensation Ur Said commissioners, and for all rexisonnblé expenses conm·.·1l·d therewith, to 'be approved by the Secretary ot Stzlt.e,_ me1mli1xg_tho proportion to paid bi Um` United Statcdof lélc joint; expenses of any auch conlércnccl the sum of $100,000,. .;i·1sq.much thereof as may be necessary, m appropriated. mar. 3, 189,7, @,376, §. 1, 29*Stat, 624.) T ‘ ‘ _ . I 313. International bimetallisina-#Thé_ pmvisicns 0t_ sectlcns mi., 313, 314, 320, 406;'40S, 411, QE, 455, and 751_ at thistltle mul s£—¢;tl<;>z{s 51, =101,·;11id 178 ot '1.‘it1e.12, Bums ARD BAFKIKG,

1 re not intended CQ xlrecluda the acmmplishment of mtéruatioual

_ l.imefallism.whén¢ver ccnditlolm shall mak; if expedient and pl-uemi¤al»le_ td secure t.ha_ ssmq bi cougurrenl; action ot the ilwling commercial ¤nti0u¤·_0t-the worlditnd `at o. redo which shall insure pcrmueaicé ut: relative value between gold ml s—i1v¢eri~ (Mar. 14, QQOO, c. 41, §‘14;·31 Stat. 49.) " 314. Stuiddrdmit af value}-·—'He dollar consisting oiltwenty- tive and elghtrtmtha grains oi! gold pi11e;l;e¤th¤‘ mm nha.11 the stzmdazidynit of value. sm lll L01‘ms_ of moueyisaucd 0:. coilzéd bytlw ilniwd States shall be maintained ¤t_d`p¤;'ity m` value with tbislstundard, and it shall baths duty at.the.' svcrétary qt tha Treasury to maintain pnch parityz · '(R. S. |- )3511’; M, 1.990,;. 41,11, 81-Stat. 45.) ,_ .__315. hid cwni af. U¤itcd_Bt•t¢•; wd@.-·¥-·Tl£0¥g01d qt l _the Umm. Emus Enh be si quagmrmilq ar $2E50 n lmlbeuglc, nr $6 place; II} ¢ng1e,_cr $10 piece; and al double- · eagle, or $26 piece. ntnward ielght of the quqtereeagle,. or $2.50 p1m,`•lm11 abeiqxtytvar and •‘ Ml!. grain`; at the l halbeagle, pq: {5 place, one  » ~~> L. dud `twenty-nina .$rai.¤s; otllie. ade. M $10 piece, two hundrw and ilttyelght grains; of ths_ or $0- p!.&é,· Ave ·hu¤dred dbd sixtm ·gra1¤¤.. (R BJ 8611;,¤@v¢· 26. lm ¢· 945. Y1. 28 Sint. 485,lY , 316. Salvu ¤•&: Qlvsm cold! of the %itzd States slag!} be i. dollar} Q halt-dollar. or Mi?-mt piece: n qwartevdcllnr; »cr%.t:we¤t§».¤ve·ce1;t_ piece; n·d1mé,» ax. tan-

cam;. pam. · Tam weight, or em mm; mm an cm ¤¤¤d¢§ dma

twelve and mins my ct silver, the elkbt ‘ _ of the qhsll be ,lmndi‘edg md ¤|¤¢Y··tw¤ md \,‘ hluegiautm gang; tin qua and the ` I'€Bl!8¢€!€¥,·§·hJf. and `%Hlh é£ we w•@t.¤& Sulfdollnr. (.3.. 8. { &18*:l'l?eb.`§._§.87%; c. `N; C 1. U &t-`SJ · ` .31.7.. Kino: edu; vdght. and abyk-r'£h¢ minor- calm d he " UH4it0d~·Bt£s shgll Pct B%¤t_$i•¤•. ud • {md-¤¤t

Y AND FINANCE " § 325 Thé alloy for the tive-cent pieces shall be or eogiper and nickel, to be composed of threeiourths copper and onegiourth nkskel. The alloy oi the 0uc—ceut piece shall be 95 penqceutum pt copper and 5 per eentum ot tin and zinc, in such proportions as. shall he determined by the Director of the Mint. The weight: of the piece of 5 cents shall be seventyéeven and sixtecn·hu:1dredths grains trqy, ahd of the one-cent piece, i0rty-eight. grains. (R. S. 5 3515; Sept, 20, 1890, c. 945, § 1, *26 Stat. 485.) - 1 318. Coins reduced in- weight abfaéon.-Any gold calm of the United States, it reduced in weight .by natural abrasion not moré than 0n¢·hal£ of 1~'per centum below thvefstandard weight prescribed by law, after a (circulating pt twenty years, las‘sh0wu. by the date of coinage, and at_ a ratable proportion for any period less than' twenty yéars, shall be received Ant their nominal, value by the United States Treasury and its ~ 0Qces, under sixch regulations as the Secretary of the Treasury · may prescribe fo1'_ the protection of the, Government against f1:s.uduleufdbrasion- or other pracficws (yi S. S *3505.) ·~ 319. Repqingge of gold wins.-;Any gold coins "in the Twasury of the; United States, when reduced in weight bi natural abrasion mom than onedxalf ot‘1 per centumbclow the standagrd ivelgllt I prescribed· by hw, slull be ·rec0i¤ed.` (B. S.

  • '3512·} *1 ° . ° · -

320. Receiimge of ‘qncm·rmf suhédi•:y‘QsHv¢r min.-—The’ Secretary of thee Treasury shall cause dll dwcm and uncurrent Ysubwdiary silvér coin. pt the United`_St4tes rcceiéed in the Treasury @0 be mcqiugd, and to reimburse tl1o_.'}2reh.s¤rer at hthe United Statesl for the dmerence between the Yxmminal or face·vah1e-9£ suqh coin ami the amgut the same wi11·;Smduce in ng; coin-from mqncys lp the°T1*9nsury rmt. other-

apptspriated;. (Mar. 14, 1900,·c.` 41, { 9, 31 Stat. 48.)

321. Standard fur gold md silver mins.--—’[hc smndard . for `b0th“`gold* and silver coins of the United Statés shall be such that éf cmé thousand parts by weight king, hundred shall ·be `ot pure IDBISI and one hundred of alloy; Fi‘he.a110y of the .si1ye1• coins shall be, of copper. The alloy of the gold coins small be bf copper, at of copper and silver; but the silver shall ih .110 chse exceed one-tenth ct the whole alloy. (R. `S. § 8514..) _ _ f 322. Coins pmhibitéd.·~·Except as btherwke authorized- by Congress, no épius, 'either of gold,;»· ver, or minbr . 0 shall be, issued from th}? Mint other we · those of the denominations, standards, and .weiz§1£s· set ~ · ln this chapter. (R. S. `! 3516.X . ’ s` _. I 4 _ _ ` 328. ·Withdraval af piecu i `reminige.-—-As tut ¤l$3 gold pieces, $1*gold•pla¤¢i, gud 3 ¤t—n1¢kc1'pieces shall be paid into the Treasury of the United Statéd they shall be withelrawzg from circulation and be irecoinedl into other ®li01!HBi¤0RB\0f:€0i}lS.` 1( Sep;. 8, 1890, c. 945, 5 2, 26 Stat. 324. Inscription an asian.-—Upon thepolns mere shall be the following dcvléd and lwis: Upon one éde them shqll be. an iuipression emblemntiq of liberty, within Lmription ot the wérd "°Lihctty"' w the you ot the. coimge, and upon th;-:_ reverse shall be the or ropmaentadm of gn eagle, with ` tha. inscriptions “United Shim ot America " and “·E Plprlbus U¤·pm," •.11d.»g·designati¤n of tm *%h1€·0f the cpm; but ou tha dime, ug and 1 mm: plcc'é,.`thé héum at the eagle shall be omltztedf gud. thqmct;0 ~"I¤ God we-trust" shgll be inscribed on the deimmluaticus ot gold and —si1vcr coins. on which lt_ was . inscribed prin: to May 18,-1008. (R. ,8.-} 3517;’ Sept. 2ig 1800, c. 945. 5 1, %·Sta.t.’·£85;-May 18, 1908, c. 1TB, Q 1, 35 Stat. 164.) " -` 825. Goldiad silver bps.-—·At fha cptlcm of the owner gold __ or rilvcrmiy beast ixitq bars-of metal, or ot standard Mews, or uupsrtad, as he may prefer, ilu: n sgnmp upon-the . unt tim, .We@t nd Bueaess, mdj with such de-

  • Qvices impfciaed tlmremi as mir be deémed agpedlent tg pm

_v¤t.t1·¤di1Iéut lmitntmu, abil im s¤ch‘b&m`~slml1 bs fissued or ~s 1h••·n•¤ht thm Bvacnmcns (Q. S.! 3518.), - ”