Page:United States Statutes at Large Volume 17.djvu/464

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424 FORTY-SECOND CONGRESS. Sess. III. Ch. 131. 1873. Feb. 12, 1873. CHAP. CXXXI. — An Act revising and amending the Laws relative to the Mints, Assay.

 offices, and Coinage of the United States.

Be it enacted by the Senate and House of Representatives of the United Mint estab- States of America in Congress assembled, That the mint of the United li$h"Sl”°b“’°’·“· States is hereby established as a bureau of the Treasury Department,

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ll°1ud€° embracing in its organization and under its control all mints for the

manufacture of coin, and all assay-offices for the stamping of bars, which Director, ap, are now, or which may be hereafter, authorized by law. The chief officer pvintnwnt, wd of the said bureau shall be denominated the director of the mint, and shall “"“ °f °‘H°°* be under the general direction of the Secretary of the Treasury. He shall be appointed by the President, by and with the advice and consent of the Senate, and shall hold his office for the term of five years, unless · sooner removed by the President, upon reasons to be communicated by him to the Senate. powers; -Sec. 2. That the director of the mint shall have the general supervision of all mints and assay-offices, and shall make an annual report to the Secretary of the Treasury of their operations, at the close of each reports; iiscal year, and from time to time such additional reports, setting forth the operations and condition of such institutions, as the Secretary of the annual mp Treasury shall require, and shall lay before him the annual estimates for mms- their support. And the Secretary of the Treasury shall appoint the C1eiks,numbei· number of clerks, classiiied according to law, necessary to discharge the md “PP°l“““°'“· duties of said bureau. Oiiicers ofeach Sec. 3. That the officers of each mint shall be a superintendent, an mimi and tm? assayer, a melter and reiiner, and a coiner, and for the mint at Philadel- “pP°mtm°m" pliia, an engraver,al1 to be appointed by the President of the United States, by'and with the advice and consent of the Senate. S,,,,,,,;,,,,,,,,,;,,,,; Sec. 4. That the superintendent of each mint shall have the control of mmf, p<>W¢rS; thereof, the superintendence of the officers and persons employed therein, and the supervision of the business thereof, subject to the approval of the reports, their director of the mint, to whom he shall make reports at such times and 2:*;* md <><>¤‘ according to such forms as the director of the mint may prescribe, which I S' shall exhibit., in detail, and under appropriate heads, the deposits of bullion, the amount of gold, silver, and minor coinage, and the amount of unparted, standard, and refined bars issued, and such other statistics and Moueys or bul- information as may be required. The superintendent of each mint shall ll°¤· also receive and safely keep, until legally withdrawn, all moneys or bullion which shall be for the use or the expenses of the mint. He shall receive all bullion brought to the mint for assay or coinage; shall be the Coin. keeper of all bullion or coin in the mint, except while the same is legally in the hands of other officers; and shall deliver all coins struck at the mint to the persons to whom they shall be legally payable. From the report of the assayer and the weight of the bullion, he shall compute psposits. the value of each deposit, and also the amount of the charges or deductions, if any, of all which he shall give a detailed memorandum to the depositor; and he shall also give at the same time, under his hand, a Cmmcm of certificate of the net amount of the deposit, to be paid in coins or bars deposit, to be of the samespecies of bullion as that deposited, the correctness of which °°““*‘”"'·'€“°d bY certificate shall be verified by the assayer, who shall countersign the RSSBYBI. . . . r q·,,,,,spm _,g same; and in all cases of transfer of coin or bullion, he shall give and win, &¤- receive vouchers, stating the amount and character of such coin or bullion. Qiimmiy me- Ile shall keep and render, quarter-yearly, to the director of the mint, for ggyngscw ¤F€¤· the purpose of adjustment, according to such forms as may be prescribed ’by the Secretary of the Treasury, regular and faithful accounts of his transactions with the other officers of the mint and the depositors; and shall also render to him a monthly statement of the ordinary expenses of Assistants, the mint or assay—office under his charge. He shall also appoint all °l"ks· S"' assistants, clerks, (one of whom shall be designated “ chief c1erk,") and workmen employed under his superintendence; but no person shall be