United States Statutes at Large/Volume 1/4th Congress/1st Session/Chapter 33

May 27, 1796.
Chap. ⅩⅩⅩⅢ.—An Act respecting the Mint.

Act of Jan. 14, 1793, ch. 2.
Act of April 24, 1800, ch. 34.
Appropriation for the purchase of copper.
Section 1. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That there shall be appropriated for the purchase of copper for the further coinage of cents and half cents, a sum equal to the amount of the cents and half cents which shall have been coined at the mint, and delivered to the treasurer of the United States, subsequent to the first day of January, one thousand seven hundred and ninety-six, which sum shall be payable out of any monies in the treasury not otherwise appropriated.

Part of gold and silver bullion to be retained.Sec. 2. And be it further enacted, That from and after the passing of this act, there shall be retained from every deposit in the mint, of gold or silver bullion below the standard of the United States, such sum as shall be equivalent to the expense incurred in refining the same, and an accurate account of such expense on every deposit shall be kept, and of the sums retained on account of the same, which shall be accounted for by the treasurer of the mint, to the treasurer of the United States.

Limitation.Sec. 3. And be it further enacted, That this act shall continue in force for the term of two years from the passing thereof, and from thence until the end of the next session of Congress thereafter holden, and no longer.

Approved, May 27, 1796.