Page:United States Statutes at Large Volume 44 Part 1.djvu/1014

 §` 375 A TITLE 31,-—MONEZ • M · *2 " at the Treasurj ot the United Statee; and its several cmcesf L jand X at the several post omcés and land oiH_5:es,_ at the rates, of valuation following} The fourth of ·-aaglollar, or piece ot, two `reals, at E éente; the eighth of a' dollar, or piece of one real, at- 10.cents.;_§!1d the sixteenth of a dollar, or; half. real, _.¤t·5cerata.A·(‘1t.S;§3567.). `_ · ‘_ · __ o 375. Sme; atransmissien £or`receinage;——’1‘he Director ot the _ Mint-, with the approval ot_ the Secretaryaof the__`Treasury, may prescribe · such regnlationsf as are `necessary and proper, .10 secure the tran_smissi;m of the coins mentioned in section 374 ~ of this title to the mint {or recoinage, and the return or`"clis# trihutien of the proceeds thereof, when deemed- expedienth and may prescribe such tonnes of·' aecount as are appropriate o and applicable to the circiumstances. _ The expenses incident t0_` neck transgnission or distribution, and of recoinage, shall be ·‘ charged éainst the account ot silver‘proilt_and loss, and the net prohts, if any, =shall be paid, from tirne to time, into the Treasury, (R. S. § 3568; Feb. 27, 1877, ct 69, 5 1, 19 Stat._2519.) » 376. Commemorative coins} lays npplicable.-—·All_ law; infercereidting to the gold eoins and subsidiary silver coins of the United States and the coining or striking ot the same, regulating and guarding the process of coinage, providing — for the pmnhnse of material and for the transportation, tlistribtb tion, and redemption of the coins, for the prevention of debaseé ment or counterfeiting, for security of the coins, or lor any Qether purposes,. whether said lavrstare penal or- othergvise, shall, ` so far as applicable, apply to` the silver 5Q—cent pieces coined under authority of law and in such numbers and under, the ‘clreumstsmces as authorlzed by law in commemoration of the enc ¥1BBd§Edeth·H~i1HiY€f$i€S ot ._the_ admission of the States- ot Illinois, Maine; AlabumaQ and Missouri, into the Union ;T the seventy-Sith anniversary of the admission ot. the State ot wlifornln into the Union; the three hundredth anniversary ef the landing of the Ifilgrlxns; the one hundredth anniversary of the emmciation ot the Monroe doctrine; the three hundredth a:miv»ermry_ of the séttling .0f New Netherland, the- Middle States, in 1624, by Walloons, French and Belgian Huguenots; the one hundred and fiftieth anniversary ‘ ot the Battle `ot Lexington and Concord; the ( one hundredth anniversary oth the founding of Fort Vancouver by the Hudson Bay Compu ny; · 7State et Washington, and the commencement of the "work of earring on Stone Mountain, "in‘ the Sthte of Georgia, a m0D\l· ment to the valor ot the soldiers of the South, and ln `memory of Warren G. Harding} and. shall, so tar as anpllcable, apply to the Grant memorial gold dollarf and the Grant qemorial silyer halt dollar struck in ~ commemoration of the centenary ot hirth o tf·U1yeaes S. Grant. (June 1,_1918,.'c. 91,, ij ,1, 2,, 40*Stat. 594{ May 10, 1920Q c. `176{ $5 1,-2, 41‘·Stat.1‘595`; May 10, 1929, cz 177, `SS 1, 2Q 41 Stat. -595; May 12, 1920, c. 182,, $5 1; 2, 41 Stat. 597 } Mar. 4,1921o, ca 153, SQ 1, 2, 41 Stat, 1363; Feb. 2, 1922; eL 45,.§42' Stat. 3%;; Jan, 24,1923, c. 38, §§ 1—3,'42 Etat. 1172, 1173;,_Feb.`28,_1923, c. 113, §§ 1-—3,·42 Stat. 1287 ;o Mai:. 17, 1924, c. 58,·§§ re·3, 43 Stat; 23; Jan. 14, .1925, c.~ 79} §§ 5, 6, 43 Stnt. 749;‘ Feb; 24, 1925, c. 302, 5} 2, 3,  Stat. 377. Gold $250 pieces and silver 50-·eent_ pieces in comntemcw ration of the one hundred and fiftieth nnniveraaryj of the sign- J . ing of Declaration of Indepéndence.——(a) In coxnnnernoration or the one hundred and fiftleth _ anniversary of the signing of the Declaration ot Independence there shall be coined at thef t emlntswot the United States gold $2,59 pieces to the number of, ·-not more than twohxindred thousand and sllrér-50·cent pieces to the number of not xnore' than one million; t t such coins to bef of the standard troyweight, 'compoeitlohg diameter, derice, and d@tgn aaahall be ilxed by the Director ot the Mint; with the approval of the Secretary of the Treasury, `and. such `coina ashall be legal tender in [any payment to the amount of their ‘ race value. ‘ h ‘ ‘

Y, AND FINANCE, 1000 (b)nA1l` laws in force relating to the gold coins and subsiq. `iary silver coins of the -Uhitéd _States·and the coining or strike ing ot the same, regulating and, guarding theprocms of coinage providing {br thepurchase ot material, and for- the trauspopm. . K tion, distrihution, and redemption `ot the coins, for the preven- ‘ i tion ofudebasementf or counterfeiting, for security of the c'oiu‘s,” or for any other pmposes; whether qsuch 'laws are _ penal qt- “ ,otherwise, shall, so far as applicable, apply- to the ca,.,;g€a herein authorized: Provided, That the United States ·shall;nU: he subject to the expense of making"the necessary dies am other preparation for this coinage. . _, ~  _ · é — _ .. ‘(c“) The coins authorized by this section. shall be issued only-to the =auth0rized·.o’mcers of the Sesquicentennial Exhibi- ” tion Association, and in such numbers and at such times as they =-shall request, upon payment by such o&cers, fer and on helm}: 'ot such association, of the par value ot such ceins. (Mar, 3, `1925,,c.,482, 5 4,43 Stat.`.1254,)·‘ a * g _ E ` »3"l8.= Silver 50-ceint pieces in eoimementim of one hundred and Eftieth anniversary of Battle of Beagéngtan,.-—In cemmexnoration ot the one hundred and jittieth anniversary of the Battle of Bennington   the independence ag Vermont there shall be coined in the mints of the United Statu silver 50~cent pieces to the number ot forty thousand, such 50-cent nieces to lpe°ot the standard troy weight, ‘ ccmposldon, diameter, device,. and. design as shall be· fixed by the Director of the Hint, with the~approval__ of the Secretary of the Treasury,) which said .. - .50·cent pieces shal1_be legal tender in any payment to the amount ot their face ralue. -(Feb. 24, 1925, c. 302, { 1, 43 Stat,. Q 37 9. Laws applicable to coins authorized by `sectims 377 and 318.-+411 laws in iorcerelating to the gow ami subsidiary silver coins ot the United States and the coining or striking otithe ‘ same, regulating and guarding the process- of coinage, previdy ing for the purchase ot materia! and toi.·_ the transportation, » distribution, and redemption of coins, {or the prevention of debasement or counterfeiting, for security of the coin, or for any other purposes, whether said laws are penal or otherwise, shall, so far  applicable, apply, to the coinage _ authorized by sections 377 ‘and··378 of this title:   That the United States shall not be subject to the expense ot maiing theneces sari, dies and other preparations for this  (Febi 24, 1925, c. 302, »§ 4, 43`Stat. 966; Mar. 3,*1925, c. 482, § 4, {3 Stat,1254.) · in _ i `_ S e   E ‘ ounnnwor 401. United States notes.-Qilnited States notes `shall he ot such denominations, not less —than"$l. as the Secretary of the Treasury may prescribe, `shall not bear interest. shall be D8? able to beare1·, and shall be in such (crm as the Secretary may deem best; (R. S. {3571.)  ° —,   ` 402. Limitation of amqunt of United St•tu· nate: in ¢i1‘¢¤lIe_ tions-'1`he amount; of United States notes outswhdlug and to be used as a part of the circulating medium, shall not exceed the sum ot $382,000,000, which said sum shall appmr in: each . monthly statement of the public debt, and no part thereof shall beheldor used as a reserve. (June 20, 1874, c:·343,· S 6. 13 sm; 124.) n · {   “W _ » · `403." Issue. of United States notes of small denominations and retirement of notes of higher deneminatie¤s.—\Vnenever _ land so Slang as the outstanding `silyer certidcates of the de—— nominationsot $1, $2, and $5,·Jissued under fthe protisions of section   of this title,,shall.be, in the_·opinion of the Secre=) tary of thetjlfreasury, insumcient to meet the 'puhlica demand, therefor, he may issue United States notes of the denominations·ot $1, $2, and $5, and épon the issue of- United States _ notes of such denominations an equal amount of United States _ ynotesota higher denominations shall be retired and canceled: Provided, hoebever, That g the aggregate amount, ot United