United States Statutes at Large/Volume 2/9th Congress/1st Session/Chapter 22
Chap. XXII.—An Act regulating the currency of foreign coins in the United States.[1]
Foreign gold and silver coins to be current in the U. S. at the following rates:Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That from and after the passage of this act, foreign gold and silver coins shall pass current as money within the United States, and be a legal tender for the payment of all debts and demands, at the several and respective rates following, and not otherwise, viz:
Coins and rates.The gold coins of Great Britain and Portugal, of their present standard, at the rate of one hundred cents, for every twenty-seven grains of the actual weight thereof; the gold coins of France, Spain, and the dominions of Spain, of their present standard, at the rate of one hundred cents, for every twenty-seven grains and two-fifths of a grain, of the actual weight thereof. Spanish milled dollars, at the rate of one hundred cents for each, the actual weight whereof shall not be less than seventeen pennyweights and seven grains, and in proportion for the parts of a dollar. Crowns of France at the rate of one hundred and ten cents, for each crown, the actual weight whereof shall not be less than eighteen pennyweights and seventeen grains, and in proportion for the parts of a crown.Secretary of the Treasury to cause assays of the foreign coins, &c. to be had at the mint, &c. and to make report of the result to Congress. And it shall be the duty of the Secretary of the Treasury, to cause assays of the foreign gold and silver coins made current by this act, to be had at the mint of the United States, at least once in every year, and to make report of the result thereof to Congress, for the purpose of enabling them to make such alterations in this act, as may become requisite, from the real standard value of such foreign coins. And it shall be the duty of the Secretary of the Treasury, to cause assays of the foreign gold and silver coins of the description made current by this act, which shall issue subsequently to the passage of this act, and shall circulate in the United States, at the mint aforesaid, at least once in every year, and to make report of the result thereof to Congress, for the purpose of enabling Congress to make such coins current, if they shall deem the same to be proper, at their real standard value.
Part of a former section repealed.
Vol. i. 300.
Operation of the other section suspended.That the first section of the act, intituled “An act regulating foreign coins, and for other purposes,” passed the ninth day of February, one thousand seven hundred and ninety-three, be, and the same is hereby repealed. And the operation of the second section of the same act shall be, and is hereby suspended for, and during the space of, three years from the passage of this act.
Approved, April 10, 1806.
- ↑ See act of August 4, 1790, sec. 39, vol. i. 167.An act relative to the rix dollar of Denmark, March 3, 1791, chap. 19, vol. i. 215.An act regulating foreign coins, and for other purposes, February 9, 1793, vol. i. 300.An act supplementary to “an act regulating foreign coins, and for other purposes,” February 1, 1798, chap. 11, vol. i. 539.An act to regulate the duties on imports and tonnage, March 2, 1799, chap. 22, sec. 61, vol. i. 673.