United States Statutes at Large/Volume 3/17th Congress/2nd Session/Chapter 43
Act of March 3, 1801, ch. 21, concerning the mint, revived for five years.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the act, entitled “An act concerning the mint,” approved March the third, one thousand eight hundred and one, is hereby revived and continued in force and operation for the further term of five years, from the fourth day of March next.
Duty of commissioner of loans to be performed by the collector of Philadelphia.Sec. 2. And be it further enacted, That, during the continuance of the mint at the city of Philadelphia, the duties which were enjoined on the commissioner of loans for the state of Pennsylvania, by the second section of the act, entitled “An act concerning the mint,” passed on the third day of March, one thousand eight hundred and one, shall be performed by the collector of the port of Philadelphia for the time being.
Expense of materials used in refining, and other deductions, to be made from the deposit, and accounted for to treasury of the United States.Sec. 3. And be it further enacted, That when any silver, brought to the mint for coinage, shall require refining, the expense of the materials used in the process shall be deducted from the amount of the deposit; and that, when silver so deposited, shall be of a quality superior to that of the legal standard of the silver coins of the United States, a deduction shall be made from the amount, equal to the expense of the copper necessary to reduce it to the said standard; and that all such deductions be regularly accounted for, by the treasurer of the mint, to the treasury of the United States.
Approved, March 3, 1823.