The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
724
NATIONAL MONETARY COMMISSION.
associations designated as temporary depositaries o f pub
lic money shall pay upon all sums o f public money de
posited in such associations interest at such rate as the
Secretary o f the Treasury may prescribe, not less, how
ever, than one per centum per annum upon the average
monthly amount o f such deposits: Provided , however,
Safe-keeping That nothing contained in this A ct shall be construed to
P rov iso.
change or m odify the obligation o f any association or any
o f its officers for the safe-keeping of public m oney: ProterestIform
,n
further, That the rate o f interest charged upon
such deposits shall be equal and uniform throughout the
United States.
tion P p r ° p r i a
N a tion a l M oneta ry C om m ission *crea ted ,
A p p oin tm en t.
S ec .
T hat a sum sufficient to carry out the purposes
o f the preceding sections of this A ct is hereby appropri
ated out o f any money in the Treasury not otherwise ap
propriated.
S Ec. 17. T hat a Commission is hereby created, to be
,
.
.
called the “ National Monetary Commission,” to be composed o f nine members o f the Senate, to be appointed by
the Presiding Officer thereof, and nine members o f the
House o f Representatives, to be appointed by the Speaker
thereof; and any vacancy on the Commission shall be
filled in the same manner as the original appointment.
S e c . 18. That it shall be the duty o f this Commission to
inquiry as to
c ha ng e s in .
m on etary
sys-
.
J
inquire into and report to Congress at the earliest date
practicable, what changes are necessary or desirable in
the monetary system o f the United States or in the laws
A u th ority ,
relating to banking and currency, and for this purpose
they are authorized to sit during the sessions or recess of
Congress, at such times and places as they may deem
o fficia ls .
desirable, to send for persons and papers, to administer
oaths, to summons and compel the attendance o f witnesses,
and to employ a disbursing officer and such secretaries,
experts, stenographers, messengers, and other assistants
as shall be necessary to carry out the purposes for which
P ow ers.
said Commission was created.
The Commission shall
have the power, through subcommittee or otherwise, to
examine witnesses and to make such investigations and ex
aminations, in this or other countries, o f the subjects
committed to their charge as they shall deem necessary.
tio n P p r o p r l a
S e c . 19* That a sum sufficient to carry out the purposes
o f sections seventeen and eighteen of this A ct, and to pay
the necessary expenses o f the Commission and its mem
bers, is hereby appropriated, out o f any money in the
LAWS CONCERNING PAPER MONEY.
Treasury not otherwise appropriated.
725
Said appropria
tion shall be immediately available and shall be paid out
y
.
.
.
.
F
.
on the audit and order of the chairman or acting chairman
im m e d ia te ly
a vailable.
o f said Commission, which audit and order shall be con-
A ccou n ts,
elusive and binding upon all Departments as to the cor
rectness o f the accounts o f such Commission.
S e c . 20. That this A ct shall expire by limitation on the
thirtieth day o f June, nineteen hundred and fourteen.
Approved, M ay 30, 1908.
T erm in a tion
■— —
..........'
INDEX.
A ccount:
Page.
Decimal system established........................................................................................
567
Of money borrowed or emitted to be transmitted to States (Confederation)
1
Between United States and the States, board established to settle............. 15,16
Time of settlement extended..............................................................................
17
Money of, how expressed.............................................................................................
479
Public, prompt settlement o f.................................................................................... 97,312
Sinking fund, to be rendered......................................................................................
26
A cts of Congress:
486
May 27, 1796, limitation of..........................................................................................
December 23, 1857, revived and reenacted...........................................................
178
March 3, 1865, to be continued, except as to repeal ( see R ep eal)...............
192
A dvertise:
Amount of specie at depositaries to be published...............................................
140
A dvertisement:
Purchase of metal for minor coinage b y ..................................................................
538
A dvertising :
Loans........................................................................................................... 153, 155, 158, 159
Sale of stock................................................................................................................. 131, 148
Statement of Treasury notes to be published.......................................................
153
A gency for D eposits and D isbursements. (See Designated depositaries.)
A gents:
Secretary of the Treasury to prescribe regulations governing.......................
71
To be appointed in London or Amsterdam...........................................................
69
To sell stock; commissions................................. 76, 80, 81, 84, 86, 94, 103, 128, 131
Treasury notes; commissions..................................................................... 82, 85, 90
A labama C laims :
Award to be used to pay public d e b t ......................................................................
208
Issue and cancellation of bonds authorized to pay judgments; balance . . .
232
Sale of bonds for paym ent...........................................................................................
237
A laska :
Adulterating gold dust, etc..........................................................................................
610
Forgery and counterfeiting i n ....................................................................... 609,610, 703
704
Joining parts of notes, etc............................................................................; ..............
Signature to bank notes, etc........................................................................................
704
A lloy (see also Coin ):
Charge fo r ...................................................................................................................... 516,537
Coin, regulation o f ............................................................................ 473, 502, 534,535,555
Copper, charged to melter and refiner............................................................... 542, 562
A merican Printing H ouse for the B lind :
Investment in 4 per cent bonds for use o f .............................................................
241
Trust fund created...........................................................................................................
262
A ppropriation:
Assay office, Boise City, construction.....................................................................
529
Blind, for American Printing House for th e.........................................................
241
Blind, for education of the..........................................................................................
262
Bonds, expense of issuing................................................................................ 180, 204, 249
Expenses issue and exchange o f ........................................................................
257
Of 1858, of coin to redeem ..................................................................................
231
Notes, etc., for issuing..........................................................................................
187
And Treasury notes, to issue......................................................................... 164,167
Bullion for standard silver dollars, purchase o f...................................................
579
Certificates of indebtedness, expenses issuing.......................................................
266
Commissions on sale of stock...................................................................................... 80,81
Copper, for purchase o f............................................................................................ 485,487
Currency, making, etc.............................................................................................. 687,688
15712°— 10------ 48
727
728
IN D E X .
A ppropriation— Continued.
Page.
Currency act, to carry out additional........................................................................
468
Debt bearing 6 per cent interest, additional to the sinking fund to pay. . .
37
Debts, to pay, certain funds may be changed.......................................................
41
Debt, of duties, etc., to pay........................................................................................ 45,48
Of funds to pay....................................................................... 73, 74, 75, 81,82,85,86
For purchase, etc., of funded, repealed.........................................................
98
106
To p a y ............. ^........................................................................................................
Amount equal to interest on certain bonds, to pay............................ ; . . .
205
Deficiency and expenses, to make up certain.........................................................
57
Duties, of surplus............................................................................................................
61
Interest on loans, to pay...............................................................................................I
7
Repayable from duties..........................................................................................
7
On foreign and other loans, excess duties to pay........................................
7
On public debt, of duties to pay................................................................. 36,37,47
Duties and interest, to pay.............................................................................. . .
40
To pay to Bank of United States.......................................................................
47
Of surplus duties to pay........................................................................................
52
And principal, of surplus duties to pay...........................................................
56
And principal of debt, to sinking fund to pay..............................................
57
On stock issued to France....................................................................................
63
On loan (1803), of duties to pay.................................•
....................................
64
And loan (1806), of surplus duties to pay.......................................................
66
And d e b t...................................................................................................................
79
On Spanish awards lo a n ......................................................................................
109
On public debt.........................................................................................................
147
To pay on public debt (sec. 3698, R. S .)...........................................................
220
Foreign intercourse, on account of............................................................................
34
To further...................................................................................
36
For purposes o f .......................................................................................................
46
Of $2,000,000 f o r .....................................................................................................
61
Isthmian Canal, expenses of loan............................................................. ............ 260, 266
To be reimbursed out of sale of bonds.............................................................
262
Loan of 1796, to redeem ..............................................................................................
47
Of direct tax to repay............................................................................................
53
1799, of surplus duties to redeem.....................................................................
55
And interest, to pay...............................................................................................
131
1858, expenses o f.....................................................................................................
154
And Treasury notes, expenses o f .....................................................................
201
231
Permanent, for national, repealed........ ..........................................................
Mint, establishment of branch, at Carson City.....................................................
522
Mints, for branch...........................................................................................................
498
Monetary Commission, N ational.......................................................................... 264, 265
Conference, International................................................................................ 602,603
Notes, engraving, printing, e t c .................................................................................... 659
Printing large, in lieu of small................... ................................................... 697, 710
Permanent annual, for interest, principal, sinking fund, etc. (sec. 3689,
R. S . ) .........................................................................
218
Securities, defining and limiting, expenses of issue, e t c ........... ...................
206
Notes, etc., issue, reissue, etc., o f.....................................................................
661
Sinking fund, continuance of, to ...............................................................................
39
Specific, to be applied under direction of commissioners o f ...................
59
Additional, to........................................................................................................... 63,99
Of revenues to ...........................................................................................................
98
Of surplus in Treasury t o ....................................................................................
99
Stock, permanent funds for payment of certain...................................................
87
To issu e............................, ................................................................................... 158,160
Sums borrowed (1798)...................................................................................................
53
Transportation of silver coin .................................................................................. 585,587
Of silver, restriction...............................................................................................
589
Of minor coin...........................................................................................................
603
Of coins to H aw aii.................................................................................................
619
Treasury notes, to reimburse or purchase....................................................... 78,83,90
To pay for certain purloined..............................................................................
135
For issuing and reissuing....................................................................................
154
To issue.................................
157,160
j
*
INDEX.
729
A ppropriation — Continued.
PageUnexpended, to be carried to “ The surplus fund” ....................................... 42,149
Balance to be carried to surplus fu n d ........................................................
58
Of certain mints and assay offices transferred...........................................
549
United States notes, for redemption o f .......................................................... 234,423
Vessels, to build.......................................................................................................
33
100
War, Congress may apply surplus to any object in case o f...........................
A rticles of Confederation:
Power to borrow and issue m on ey......................................................................
1
Conditions.........................................................................................................
1
Pledge for loans, debts, and b ills ................................................................
1
Right and power to regulate alloy and value of c o in .....................................
473
Fix standard of weights and measures.......................................................
473
A rtists. {See M int.)
A ssay:
Assaying and stamping at New Orleans.............................................................
500
Bullion, o f............................................................................................................. 537, 557
Not for coinage.................................................................................................
495
515
And foreign coins at New Y ork ....................................................................
Charges................................................................................................. 516, 519,521,528
Coins annually, by commission................................. 478,489,492,493,497, 506,543
When to com m ence...................... ..................................................... 482, 506, 543
F o r e ig n ......................................................................................................... 490,517
Test for uniformity...................................................................................... 499,543
511
Gold at expense of depositor.....................................................- .........................
In California.............................................................................
510
United States not responsible for deposits................................................. . 510
At branch m in t........................................................
511
Ingots..................................................................................................................... 503,539
M e ta l.........................................................................................................................
483
For minor coinage....................................................
538
A ssay Commission:
Members, change o f .................................................................................... 489,492,493
Provision for.......................................................................................... 478,506,543,563
Weights, annual test in presence o f................................................. 494, 506,543, 564
A ssayer :
Assistants, and their d u tie s..................................................................................
501
Assistant treasurer, may be constituted, to receive gold coin or bullion. 238,582
Bars, to stamp fineness o n .................................................................... .......... 540,560
B on d....................................................................................................................... 475,552
Branches, a t .............................................................................................................
498
Bullion, fitness to be determined b y .............................................................. 537,557
Certificates, to verify and countersign.........................................................
531
California, appointment, duties, salary..............................................................
510
Calculations and countersign certificates, to verify............................. 537, 554,557
Clerks, workmen, etc., may em p loy ..................................................................
546
Disbursing agent, to b e ..........................................................................................
547
Duties..................................................................................................... 474,501, 532,554
Ingots, to a ssa y .......................................................................................................
503
Metal, to assay certain............................................................................................
483
Oath of o ffic e ...........................................................................................................
475
Provision for.......... ..........................................................................
474,500, 531,551
Salary............................................................................................................. 475, 534,546
Subordinates, liable for acts o f ............................................................................
533
Superintendent, to return bullion to............................................................. 537, 557
To give certificates t o .................................................................................. 539,559
Report of assays t o ...................................................................................... 537,557
Trials of one and two cent pieces, and report thereof.....................................
523
Three-cent piece, and report thereof...........................................................
524
Five-cent piece, and report th e re o f............................................................
526
Workmen, wages of, e t c .......................................................................................
546
A ssaying W orks :
In California.............................................................................................................
510
A ssay O ffices:
Acts establishing, list o f.........................................................................................
551
Business limited to what.................................................................................... 546, 566
Charges, etc., disposition o f........................................................................ 545,565,583*
*
730
INDEX.
A ssay Offices—Continued.
PageExpenditures to be paid from appropriations................................................ 545, 565
Laws applicable........................................................
547, 567
Money and bullion to pay depositors............................................................... 582, 583
Names of different............................................................................................... 549,551
Officers, clerks, and employees—
Appointment of acting....................................................................................
533
Compensation................................................................................................ 566, 601
Duties and powers................................................................................ 546,566,566
Oath and bon d.............................................................................................. 546,566
Principal responsible for acting.....................................................................
533
To continue; bonds..........................................................................................
549
Payment of depositors in coin certificates...................................................... 583,583
Regulations, returns, etc........................................................................................
547
Under Director of the Mint....................................................................................
547
Unexpended appropriations for certain, transferred.........................................
549
Boise City—
Appropriation for construction......................................................................
528
Business limited to what............................................................................ 546, 566
Certificates for gold dust, etc.........................................................................
528
Depository for public moneys............................................................ 211,528,568
Established...................................................................................................... 516,527
Laws applicable...................... - ................................................................... 528, 529
Officers, workmen, etc., salaries, etc......................................... 528,566,566,566
Regulations, returns, charges, etc.................................................................
528
Superintendent, duties of....... . .......................................................... 211,528,569
Under control of Director of Mint.................................................................
528
Carson City—
Operation of, as an assay office......................................................................
608
Charlotte, N. C.—
Established..............
516
Dead wood, S. Dak.—
Business......................................................................................................................
603
Established............................................................................................................ 516, 603
Wages and expenses................................................................................................
603
Denver, Colo.—
Branch mint as an assay office............................................................... 520, 601, 602
Business limited to what............_
........................... ......................... 546,566, 601, 602
Officers, clerks, employees, duties, compensation, e t c .. 566,566, 566, 601, 602
Helena, Mont.—
Established............................................................................................................ 516,573
Laws applicable.......................................................................................................
602
Refinery of gold and silver...................................................................................
601
New York, N. Y .—
Adjustment of accounts............................................................................ 515,545,565
Bullion for coinage to be transferred................................. *......................... 545, 565
Business similar to mints, except.................................................................. 545,565
Charges for assaying, etc................................................................................... 516,585
Converting into coins.............................................................................................
515
Established................................................................................................................
515
Exchange of gold bars for coin................
616
Laws respecting mint and officers applicable.................................... 516,546, 565
Form in which bullion and coin to be cast....................................................
515
Money or bullion to pay depositors............._
............... _................. ... 543,563,582
Officers, assistants, clerks, employees, duties, salaries, etc.. 545,546,565,566
516
Quarters and machinery.................................................................... ..............
Refining and parting to be carried on at...................................... ... 577,578,607
Expense; payment.................................................................... 577,578,585, 607
607
Charges and by-products........................................................... ..............
516
Regulations of operations................................................................... ..............
515
Stamp of weight and fineness........................................................... ..............
549
Treasurer, assistant, as treasurer of................................................. ..............
..............
515
To give certificate of net value...............................................
To give receipt to depositors of bullion and foreign coin ...............
515
St. Louis, Mo.—
..............
516
Established.............................................................................................
Salt Lake City, Utah—
516
Established..............
INDEX.
731
A ssay O ffices—Continued.
Page.
Seattle, Wash.—
Established.................................................................................................... 516,606
Business.............................................................................................................
606
606
Officers......... .....................................................................................................
A ssistant T reasurers of the U nited States :
Acting assistant treasurers and depositaries, provision for...............................
189
Appointment of (sec. 3595, R. S .)........................................................................
212
Salaries (sec. 3596, R. S .).......................................................................................
212
Receipt of commissions prohibited (sec. 3597, R. S .).....................................
212
To give bonds, etc. (secs. 3600 and 3601)............................................................
213
Rooms for use of (sec. 3598, R. S .).......................................................................
212
212
Business to be therein performed (sec. 3599, R. S .).........................................
In case of absence or sickness who to act, liability, etc. (sec. 3613, R. S .) .. .
213
Employment of subordinate officers, authorized (secs. 3603 to 3612, R. S .) ..
213
Superintendents of mint at Carson City and assay office at Boise City____*.
569
Baltimore—
Assistant treasurer provided...........................................................................
137
Appointment of (sec. 3595, R. S .)........................................................
212
Boise City—
Assistant treasurer provided...........................................................................
137
Superintendent of assay office to be; duties (sec. 3594, R. S .)................
211
Boston—
Vaults, etc., for public moneys.....................................................................
122
Safe-keeping, etc., public moneys......................................
136
Assistant treasurer United States, appointment and duties....................
137
Appointment of (sec. 3595, R. S .).............................................- .........
212
Carson City, superintendent of mint, to be (sec. 3594, R. S .)........................
211
137
Charleston, assistant treasurer, appointment and duties.................................
Chicago, assistant treasurer provided...................................................................
137
Appointment of (sec. 3595, R. S .)................................................................
212
Cincinnati, assistant treasurer provided..............................................................
137
Appointment of (sec. 3595, R. S .)................................................................
212
Denver, assistant treasurer provided...................................................................
137
New Orleans—
Assistant treasurer United States, appointment and duties....................
137
Appointment of (sec. 3595, R. S .)........................................................
212
Salary..........................................................................................................
549
New York—
Vaults, etc..........................................................................................................
122
Safekeeping, etc., public moneys.................................................................
136
137
Assistant treasurer United States, appointment and duties....................
Appointment of (sec. 3595, R. S . ) ........................................................
212
May appoint deputy; duties (sec. 3602, R. S .)..................................
213
Salary changed..........................................................................................
516
Salary..........................................................................................................
549
To cease duties of treasurer of assay office...........................................
549
Philadelphia—
Assistant treasurer, appointment of (sec. 3595, R. S .)..............................
212
Salary..........................................................................................................
549
D uties.........................................................................................................
136
St. Louis—
Safekeeping, etc., public moneys.................................................................
136
Assistant treasurer, appointment of (sec. 3595, R. S .)..............................
212
Appointment and duties.........................................................................
137
San Francisco—
Assistant treasurer provided...........................................................................
137
Appointment of (sec. 3595, R. S .).........................................................
212
Salary..........................................................................................................
549
“ A ssociations ” d e fin e d ............................................................................................
389
A uditor for the T r ea su r y :
Provision for..............................................................................................................
5
Duties.........................................................................................................................
6
Not to be concerned in what.................................................................................
6
B alances :
Due States, to bear interest...................................................................................
31
Duties pledged to pay the interest.......................................................................
32
W
732
INDEX.
B altimore . (See Assistant Treasurers of the United States.)
Page.
B anco E spanol de P uerto R ico :
May amend its by-laws...........................................................................................
258
Substitute capital.....................................................................................................
259
Powers not enlarged.................................................................................................
259
259
Federal control unabridged...................................................................................
“ B a n k ” d e f in e d ...........................................................................................................
378
“ B an k er ” d e fin e d ......................................................................................................
378
Ba n k ers:
Tax upon sales of bullion and coin ......................................................................
188
B anking Companies :
374
Comptroller to report condition to Congress annually......................................
B ank N otes :
Payment by the United States of.........................................................................
129
Ten per cent per annum tax on, for part of a dollar.........................................
179
B ank of A lexan dria . (See Banks.)
B ank of the U nited States :
Agent of United States for payment of Dutch debt, employment o f............
283
Bills. (See Business, this title.)
Bribery. (See Penalty, this title.)
Business of—
Banks, may employ other..............................................................................
306
Bills obligatory and of credit assignable.......................................... 273, 304, 305
To be not less than $5,000.......................................................................
304
Or notes issued to be obligatory........................................................ 273, 304
Receivable by United States...................................... 275, 307, 627, 630
Repealed......................................................................... 292,315,630
When payable....................................................................................
305
Commence when........................................................................................... 301, 309
Depository for public moneys, to b e...........................................................
307
Designated depositaries to render duties and services required of late
bank................................................................................................................
318
Duties of loan commissioners...................................................................... 96, 307
Repealed................................................................................................ 115,314
Records to be transferred to Secretary of the Treasury....................
314
All moneys to be paid into Treasury....................................................
314
Interest chargeable on refusal to pay........................ •
..................................
307
Loans, excessive, prohibited..........................................................................
20
Limitation of , to United States, etc.................................. 272,275, 304,311
Penalty for violation................................................................................
274
To United States.................... 277,279,280, 281, 282, 284, 285, 286, 288, 294
Authorized to lend to United States............................................. 21, 24, 29,
33, 34, 35,36,43,46, 48, 50, 52, 53, 55, 56, 61,
64, 65, 66, 71, 72, 90, 103, 109, 110, 112, 127
How to be paid o f f ............................................................... 27, 28, 32, 34
Payment of, by the United States of first and second installments.
278
Of third installment............................
280
Period of payment by United States of installments.......................
278
Reference to authority to make.............................................................
281
Sinking fund, commissioners to provide for payment of, made to
United States.....................................................................................
283
(See also Penalty, this title.)
Note for less than $5 not to be issued..........................................................
306
Payments in specie, or of notes, etc., not to suspend...............................
307
To, of public debt.................................................................................... 32,41
Pensions, repeal of requirement to pa y................................................... 310,315
Public stocks held by bank may be sold.................................................... 47, 60
Recovery on refusal to pay............................................................................
308
Sale of certificates of public stock to ...........................................................
109
Transacting business and trade, in what......................................... 272,301, 304
Transfer, etc., public moneys without charge, to......................................
307
By-laws.................................................................................................................. 270,299
Capital stock—
Amount and division................................................................................... 269,295
Assignable and transferable................................................................ 273, 298,304
Belonging to United States may be sold..................................................... 47, 60
INDEX.
733
B ank op the U nited States — Continued
iJ
age.
Capital stock— Continued.
Bonds held by United States under Pennsylvania charter, authority
to sell.......................................................................................................................
310
Public-debt stocks held by bank may be sold.......................................... 272, 298
Secretary of the Treasury to act as agent of United States................... 310,322
To receive and deposit dividends, profits, and capital stock.. 322,323
Subscriptions, in what to be paid......................................................................
20
Time and place of making....................................................... 269,276, 295, 296
Under superintendents.............................................................................. 269,295
Who may make, and amount......................................... 269,276,295,296, 297
United States may subscribe.......................................................................
21
Proportions of gold and silver and the public debt......................... 269, 297
• Public debt funded at 3 per cent, how paid..........................................
277
When to be paid.................................................................................. 270,276,297
Specie proportion, when to be p a id ..................................................... 276, 297
273
Loss of dividend on failure to pay any....................................................
By United States and how to be paid......................................... 275, 295, 298
276
Failure after first payment forfeits........................................................
Where and when to be opened, etc...................................................... ....
295
In case of excess..............................................................................................
296
Reduced.....................................................................................................
296
Lists to be made..............................................................................................
296
Payment for transferring funded-debt certificates...............................
298
Redemption of funded debt subscribed..................................................
298
Bank may sell funded debt subscribed for gold, etc...........................
298
May sell stock subscribed by United States..................................
299
305
Subscribers failing to pay, lose dividends..............................................
Cashier, to give bond................................................................................................. 271, 303
Constitution, articles of............................................................................................. 270, 301
Counterfeiting. (Nee Penalty, this title.)
Debts—
Limitation of which shall owe........................................................................ 272, 303
Directors liable for excess, except................................................................. 272, 303
Corporation not thereby exempt.................................................................... 272, 303
Statement of, to be made to stockholders.......................................................
273
Directors—
Appointment, election, and number........................................... 270, 299, 300, 301
Annual election of............................................................................................... 270, 299
One to be president............................................................................................ 270, 300
First election of........................................................................................... 270,300, 301
To employ officers, etc., and manage affairs............................................ 270,301
Number eligible for reelection........................................................................ 271, 302
None but stockholders eligible....................................................................... 271,302
No emoluments unless....................................................................................... 271,302
Board, how constituted................................................................ .................... 271, 302
Liable for excess debts, except.............................................................. 272, 303, 304
To make statement to stockholders............................................................... 273, 305
To establish discount and deposit offices............................................. 274, 305, 306
Not to be director of any other bank................................................................
300
Time of service............................................................................................ 300, 301, 306
Failure to elect, not to dissolve bank...............................................................
300
To fill vacancy in office of president.................................................................
300
Vacancy, how filled................................................................................................
300
President of the United States may remove his appointees.....................
301
Rules concerning voting for............................................................................. 302, 310
May employ other banks.......................................................................................
306
Number of managers to be appointed...............................................................
306
Stockholder must be a citizen to vote for.......................................................
306
Discount and deposit offices—
May be established............................................................................ 274, 285, 305, 306
May employ other banks as, except..................................................................
306
Dividends—
Half yearly, to be m ade........................... - ...................................................... 273, 305
Due United States appropriated to pay interest on loan............ 32, 38,47, 278
Appropriated to sinking fu n d ....................................................................
38
Secretary of the Treasury to receive and deposit dividends, profits,
and capital stock............................................................................................. 322,323
INDEX.
734
J
(
B ank op the U nited States —Continued.
PageEstablishment o f.................................................................................................. 269,295
Articles governing..........................................................................................
20
Title of corporation...................................................................................... 270, 299
Powers and liabilities.................................................................................. 270, 299
Only bank to be established during its continuance, except.............. 275, 308
Duration...........................................................................................................
299
Not to be dissolved by failure to elect directors.......................................
300
Constitution................................................................................................... 270, 301
Bonus to be paid United States for charter................................................
308
309
Name may be used after charter expires, for what...................................
Limitation of time of commencing operations..........................................
309
Violation of charter, etc.; forfeiture...........................................................
309
Settlement under Pennsylvania charter for stock of United States___
310
(See also Business.)
Examination. (See Inspection, this title.)
Inspection of, may be made by—
Head of Treasury Department.......................................................................
274
Committees of Congress...................................................................................
309
Interest on loans not to exceed more than 6 per cent (see also Business,
this title)................................................................................................................
272
Loans. (See Business, this title.)
M anagem entOfficers, clerks, etc....................................................................................... 270, 301
Rules............................................................................................................... 270,301
Cashier and treasurer to give bon d........................................................... 271, 303
Number of managers to be em ployed...........................................................
306
(See also President; Cashier, this title.)
Notes. (See Business, this title.)
Officers. (See Management, this title.)
Opening, time of, and where.......................: .................................................... 270,301
Organization. (See Establishment, this title.)
Payments. (See Business, this title.)
Penalty—
Counterfeiting, forging, etc................................................. 282, 286, 308, 628, 629
Punishment of frauds on, extended to Louisiana......................................
285
Unlawfully dealing in goods or making loans........................................ 274, 307
Bribery of officers.............................................................................................
310
President—
To be chosen from directors....................................................................... 270, 300
Compensation................................................................................................ 271,302
Continuance in office................................................................................... 300, 306
Vacancy, how filled..................................................................................... 300, 302
Time of service.............................
301
To perform duties of loan commissioners.....................................................
311
Profits—
Secretary of the Treasury to receive and deposit.................................. 322,323
To settle claim for surplus......................................................................
323
Property—
Limitation of real, which may h old......................................................... 271, 303
All kinds.....................................................................................................
299
Public debt, bank not at liberty to purchase....................................................
272
Rules....................................................................................................................... 270,301
Seal......................................................................................................................... 270,299
Statement—
Of debts, profits, etc., to be made to stockholders................................ 273,305
To be furnished head of the Treasury Department....................... 274, 306, 322
Stock. (See Capital stock, this title.)
Stockholders—
Subscribers...................................................... - ................................................
20
Votes to be in proportion to amount subscribed........................................
270
Certain, may vote by proxy...........................................................................
271
Only eligible as directors................................................................................ ' 271
Meeting, number of, entitled to call, e tc ................................................ 271, 303
To supply director in case of vacancy.........................................................
300
Must be a citizen to vote for director...........................................................
306
Subscribers. (See Stockholders, this title.)
INDEX.
735
B ank of the U nited States — Continued.
PageSuits, prevention of abatement of...................................... .......................................
310
Transferring public moneys. ( S e e Business, this title.)
Treasurer to give bond............................................................................................... 271, 303
B a n k s . ( S e e a l s o National banks; Bank of the United States):
Bank of Alexandria, establishment of......................................................................
288
Branch at Louisiana Purchase Exposition..............................................................
451
Building associations........................................................................
291
Capital of, expired or converted.................................................................................
378
Comptroller to take possession of trust, etc., banks as he would a national
bank.................................................................................................................................
291
District of Columbia banks, etc., acts relating to..............................................
288
May loan to United States........................................ 75, 81, 84, 87, 94, 292, 293, 629
Comptroller may examine........................................................................ 291, 374, 376
Payment expenses of examinations.............................................. 291,374, 376, 377
Safe deposit, trust, loan, mortgage, and other companies.......................
291
To report to Comptroller...............................................................................
291
Not to deal in funded debt of the United States.................................... 101,312
Renewal of charters................................................................................................
308
Incorporation of........................................................................................................
312
Rules affecting..................................................................................................... 312, 313
No circulation less than $5............................................................................... 326, 633
Report of examination...........................................................................................
376
Savings banks, etc., subject to national banking laws...........................
428
Duties on notes, etc., during war of 1812.................................................... - ..........
293
Composition with bankers in lieu of duties....................................................
293
Funded debt of United States, not to buy or sell..............................................
288
Indian Territory, banks and trust companies in ................................................
450
Loan to United States, any bank incorporated by the United States m a y ..
294
Notes for less than $5, not to issue......................... ....................................... 288, 289, 290
None less than $10........................................................................................ - - - 631, 634
None less than $20.............................................................................................. 631, 634
Less than $1 prohibited.........................................................................................
641
Payments in bank, below par prohibited..........................................................
630
Bills, etc., issuance of, by corporations created by Congress, but
expired............................................................................................................... 326,632
Or bills of banks issuing such for less than $5, not receivable for public
debt..................................................................................................... 318,325,326,632
Suspended until October 1, 1838........................................................... 321, 632
' Public moneys ( s e e a l s o Designated depositories)—
Until depositories selected, state and district banks to continue.........
319
To be withdrawn from former depositories.....................................................
324
If banks refuse, what..............................................................................................
324
325
Interest, etc., to be charged................................................................................
Act repealed..............................................................................................................
326
Deposits in solvent specie payingbanks........................................................
327
Withdrawal................................................................................................................
327
Receiving and paying out paper currency less than $5....................................
290
Treasury notes, chargeable with interest when......................................... 77, 82, 85
Redeeming notes of $5 in gold and silver.............................................................
290
Resuming specie payments..........................................................................................
290
Savings banks authorized..............................................................................................
290
To report to Comptroller, etc...............................................................................
428
Existing, capital......................................................................................................
428
Or savings and trust companies to make reports to Comptroller...........
290
And be subject to banking laws.................................................................
291
_ Law amended...................................................................................................
291
Spanish Bank of Porto Rico.........................................................................................
449
State banks may secure circulatingnotes, how....................................................
328
On failure to redeem, how paid..........................................................................
329
Forfeiture, cancellation, etc., ofsecurity.........................................................
329
Surplus to be paid bank........................................................................................
329
IIow may become national...................................................................................
328
Comptroller to report conditionannually to Congress...............................
374
Shareholders liabilities...................................................................................... 335,386
When surplus deficient..........................................................................................
386
Comptroller may close when...............................................................................
336
736
INDEX.
B anks — Continued.
Page.
Tax, 10 per cent, on fractional notes...................................................................
330
On banks and bankers....................................................................................
446
notes of, or persons........................................................................
424
Territories, incorporating in ..................................................................................
435
Acts in relation to banks in ...........................................................................
288
Unchartered, not to issue notes............................................................................
288
B anks of D eposit :
Established............................................................................................................ 315,326
B a r s . (See Bullion.)
B ills (see Banks; Loans; Money; Notes):
United States not to emit, unless (Confederation).........................................
1
Of banks of United States receivable by United States....................... 627, 628, 630
Repealed............................................................................................................
630
631
Of municipal corporations for less than $10 prohibited.................................
Circulation to be withdrawn..........................................................................
631
Issue of by defunct corporations prohibited.......................................................
632
Of banks issuing such for less than $5 not receivable for public debt........
632
Suspended until October 1, 1838..................................................................
632
B ills of Credit :
States not to emit (Constitution)..........................................................................
3
To be received from subscribers to loan............................................................
9
No State to em it.......... ...........................................................................................
473
Pledge of United States for (Confederation).......................................................
1
Authority to emit (Confederation).......................................................................
1
Not to be emitted, unless (Confederation)........................................................
1
B imetallism . (See Gold and Silver.)
B lind, A merican P rinting H ouse for th e :
Investment of 4 per cent bonds for use of...........................................................
241
Trust fund created, etc..........................................................................................
262
B oise City . (See Assay offices; Assistant Treasurer of the United States.)
B oise City A ssay O ffice. (See Assay offices.)
B ond-A ided R ailroads . (See Pacific Railroads; Union Pacific Railroad
Company.)
B onds , O fficial:
Of Treasurer of the United States and other depositaries...............................
138
B onds of the U nited States (see also Stock of the United States):
A ct of December 23, 1857, applied.......................................................... 164,167,178
Alabama claims, issue to pay; cancellation of certain.....................................
232
Exchange and sale to p a y ..............................................................................
237
Investment of amount in 5 per cent............................................................
209
Amount of canceled and destroyed to be deducted from public debt__ 205, 219
Of 5 per cent, may be increased...................................................................
206
Bonded debt not to be increased................................................ ........................
203
“ Bonds of the United States” defined......... ......... ............................................
331
Cancellation of, held to secure State bank circulation.....................................
329
And destruction of purchased............................................................ 205, 219, 233
....................................................... 205, 219
Record to be made....................... _
Certificates of deposit may be converted into 4 per cen t................................
240
Commissions, etc., none to be allowed for exchange........................................
231
None for sale................................................................................................. 249, 266
Counterfeiting, etc. (See Penalty.)
Coupon, transferable by delivery.........................................................................
162
Certain to be valid...........................................................................................
187
Coupons to bear signature, etc..............................................................................
186
Rebate of interest upon..................................................................................
220
Denominations............................... 161, 167, 175, 180, 183, 184, 190, 203, 232, 241,
247, 249, 253, 256, 260, 265, 266,433, 636, 642, 705
Destroyed, purchased and now in sinking fund to b e ................................. 205, 219
Record to be made o f.................................................................................. 205, 219
Amount to be deducted from public debt.............................................. 205, 219
Disposal of........................................................................................................... 167, 169,
175,180,184,191,192,204, 232, 249, 260,265, 636, 642, 649
.Disposition of, not subscribed fo r ........................................................................
249
Duplicates may be issued in lieu of those destroyed or defaced or lost. 207, 220, 221
Engraving, printing, etc...................................................... 428, 661,687, 690, 703, 710
INDEX.
737
B onds of the U nited States — Continued.
PaseExchange of registered for coupon................................... >
.................................... 187,221
Five per cent for bonds of 1858..........................................................................
231
Allowance of interest.....................................................................................
231
Exchangeable for treasury notes.......................................................................... 160, 164,
166,167,184,185,190,191,192,642, 646, 648
United States notes........................................................... 166,167,177, 635, 639, 644
Other bonds........................................ 165,185, 221,231, 237, 338,389,433, 652, 661
Other obligations..........................................................................
191,192, 642, 648
Annual interest bearing for semiannual.........................................................
185
Five-twenties............................................................................................. 204,239
Five per cent and 6 per cent for 4 per cent...................................................
239
Three and one-half per cent for 3 per cent............................ ................... 241,433
256
Five per cent, 4 per cent and 3 per cent for 2 per cent.............................
Four per cent for 6 per cent.................................................................................
239
Valuation....................>
..............................................................................................
256
Expenses of issuing, etc., appropriation............................................................ 167, 180,
187, 204, 206, 218, 249, 257, 260, 265,428, 661,690
Five-twenties may be disposed of where and for what.......................... 167,184,189
Redemption of..................................................................................... 204, 219, 235, 239
Other bonds may be exchanged for...................................................................
204
Form, printing thereon, etc................................................................................... 167,178,
186,190, 203, 232, 241, 249, 253, 256,260, 265,433, 636, 705
Former, made valid........................................................................................................
186
Gold certificates may be received in payment for...............................................
205
187
Instructions relative receiving and preparing.................. - ...................................
Interest, coupons to be signed, etc........................................................................ 162,186
On matured and called to cease when........................................ 204, 220, 235, 257
On foreign loan, where payable.........................................................................
163
Payable in coin.................................................................. 166,180,184, 219, 249, 642
Payable when...................................................................................... 190, 206,433, 705
Rate and character to be expressed on............................................................
191
On issue of 1858, to cease when..........................................................................
230
Payable in gold coin......................................................................... 256, 260, 265, 705
( S e e a l s o Loans; Interest.)
Issue of (kind not stated)................................................................................. 164,190,191
Six per cent for certain 7 per cent....................................................................
165
Under section 1, act March 3, 1863, to cease, except..................................
185
Registered in lieu of coupon................................................................................
187
Of any description authorized............................................................................
191
191
For materials or supplies......................................................................................
Two per cent Isthmian Canal, authority repealed.......................................
266
To maintain redemption reserve fund.............................................................
611
Coupon................................ 161,164, 165,180,187,190,191, 206, 231, 236, 242, 247
Registered...................................................................................................... 187,241,433
Coupon or registered...............................................................................................
161,
166, 175, 180, 183, 185, 203, 232, 234, 249, 253,
256, 257, 260, 265, 423, 635, 636, 639,642,686,705
To Pacific Railroads................................................................................... 171,194,195
Isthmian Canal bonds............................................................................... 260, 265, 266
Two per cent, rights, privileges, etc..................................................... 261, 454
Limitation on issue.................................. 161,163,166,175,180,189,206, 636, 646
On amount outstanding.................................................................... 175,185, 643
Lost called, to be paid instead of issuing duplicates....................................... 207, 221
Names on portraits..........................................................................................................
244
Negotiating in foreign country, authorized............................... 163,184,189,192, 649
Negotiation to market value.................................................................................... 177, 644
“ Obligation or other security of the United States” ....................................... 223, 675
Offer at less than par, not to be accepted...............................................................
163
Order of payment............................................................... 187, 220, 223, 242, 257,434, 675
Pacific Railroad, denominations, etc........................................................... 171,194,195
Not paying interest on, what.......................................................................... 208, 223
Appropriation to pay interest..............................................................................
218
Investment of sinking funds in..........................................................................
244
Par, issue at................................................................................. 204, 232, 257, 260, 265,423
I
738
INDEX.
B onds of the U nited States —Continued.
Page.
Payable—
In coin ............................................................................. 175,180, 204, 642, 652, 661
In gold............................................................................. 253, 256, 260,265, 266, 705
In coin or lawful m oney.................................................................................
190
Or its equivalent pledged................................................................... 201, 218
At treasury.........................................................................................................
203
Not before maturity, unless.............................................................._____ 201, 219
Payment of foreign loan, rate of, exchange, etc................................................
163
Order o f....................... ................................................................... ............... 204,434
Of coupon of 1858, time o f..............................................................................
230
Appropriation of coin therefor...............................................................
231
Popular loan.................................................................................................. 249, 260, 265
Portrait of living person on, prohibited; names............................ 191, 211, 244, 658
Printing from hand-roller presses...................................................................... 250, 703
Proceeds of sale to retire notes, redeem bonds, etc................ 192, 204,253, 649, 706
Proposals....................................................................................................................
163
Purchase o f.................................................................................................... 639,640,644
Coin w ith......................................................................................................... 169,220
Redem ption........................................................................................................... 184,190
Mav be in coin .................................................................................................
190
In coin .............................. 175,180, 203, 230, 232, 241, 249, 256, 260, 433, 642, 661
Of five-twenties............................................................. 204, 205, 219, 235,239,569
When lower rates bonds can be sold.......................................................... 652,661
After maturity................................................................................................ 204,661
Of issue of 1858.................................................................................................
230
With surplus......................................................................................................
241
Order of................... . ..................................................................... 220, 242,257,434
Five per cent and higher............................................................................ 239,240
With notes.........................................................................................................
253
Act July 12, 1862, not applicable.................................................................
433
Not to be part of sinking fund.......................................................................
241
Not affected by national banks withdrawing bonds deposited as secu
rity...................................................................................................................
714
Of 3 per cent not until higher rates redeemed...........................................
434
Before maturity................................................................................................
202
Registered, may be transferred on Treasury books..........................................
162
187, 221
In lieu of coupon, authorized.............................................................. .
Report to Congress, amount, etc., borrowed......................................................
163
All transactions relative..................................................................................
192
Sale of, to redeem United States notes............................................................ 423, 686
At not less than par in coin ................................................................ 232, 234, 686
Disposition of funds from................................................................................
253
Signing, sealing, e tc ..................................................................... 162,167,178,186,636
Subscriptions of individuals first accepted..................................................... 249, 265
For lowest amounts first allotted...................................................................
249
Taxation, exempt from state.................................................................................. 167,
175,180,184,191, 203, 220, 242,249,253, 256, 260, 265,434,636, 642, 706
Interest on, to be exempt from state...........................................................
203
Exempt from United States taxes or du ties.. . 203,249, 253, 256, 260, 265, 706
Duty levied on.......................................
188
Three percent, not to be called in until higher rate redeemed.................. 242,434
Transferable, how.....................................................................................................
162
Treasury notes may be issued in lieu of..................................._
.......... - ......... 184,189
Two per cent, substitution of, by national banks to secure circulation.........
447
“ United States bonds” defined................................................................ 223,331,389
Used to purchase coin.............................................................................................
220
B orrowing Moneys . (See Loans.)
B oston :
Receiver-general of public moneys, appointment and duties.........................
122
Safe-keeping, etc., of public moneys...................................................................
136
(See also Assistant treasurers of United States.)
B oston Custom-H ouse :
Vaults, etc., for public moneys.............................................................................
122
B ranch Mints . (See Mints.)
B ronze Coins . (See Coin.)
B uilding A ssociations :
Incorporation, etc., in District of Columbia.......................................................
291
INDEX.
B ullion :
.
739
Page-
Account of coiner.......................................................................'...................................... 542, 562
Advances in coin on, not to be made, excep t................... .......................................
514
Assaying............................................................................................. 477,495, 503, 529, 557, 563
Certificate..................................................................................................................... 539, 559
And stamping at New Orleans................................................................................
500
Portion for........................................................................................................................
557
Bars, casting into...................................................................................................... 515, 536, 556
For payment of deposits........................................................................................ 540, 560
Fineness; delivery to superintendent............................................................ 540, 560
Stamping fineness and weight on...................................................................... 515,536
Base and unsuitable, to be refused............................................................................ 536, 556
Certain, not to be received................................................................................................
484
Charges—
Assaying and certifying..............................................................................................
495
Casting into disks, bars, or ingots...................................................................... 513, 601
Depositor to pay for refining, etc...........................................................................
511
Coining................................................................................................................. 496,503,512
Converting into coin, bars, etc.................................................. 233, 537, 557, 574, 585
Disposition of charges, deductions, etc.................................................. 545, 565, 585
Copper alloy................................................................................................................ 537, 557
Exchanging of bars for coin................................................................................. 596, 616
Melting, parting, assaying, and stamping............................................. 547, 553, 557
Refining or parting............................ 512, 543, 557, 563, 577, 578, 582, 585, 601, 607
Clippings, etc.—
Disposition of...........................................................................: ........................ 503, 542, 562
Delivery by coiner annually............................................................................... 542, 562
Coiner to be debited and credited...... .............................................................. 542, 562
Coining................................................................................................................................... 477, 503
Certain, on special deposit, to be coined and placed in Treasury..........
527 •
Copper—
To be purchased............................................................................................................
507
Fund to purchase..........................................................................................................
507
Planchets, delivery to chief coiner.....................................................
507
No allowance for waste...............................................................................................
507
A ll to be accounted for.......................................................................................... 542, 562
Delivery of—
Coins for, order...............................................................................................................
478
Bars to superintendent........................................................................................... 540, 560
Deposits—
Of gold received.............................................................................................................
178
In California, United States not responsible.....................................................
510
For subsidiary coinage................................................................................................
512
514
To be adapted to coinage..........................................................................................
Speedy returns to depositors............................................................................... 543,563
Value of.................................................
557
Certain special, to be coined....................................................................................
527
Of gold for coinage or bars....................................... ................................................
536
178,
Receipt, memorandum, certificate given depositor.......................................
478, 5 03 ,5 1 5 ,5 3 1 ,5 3 7 ,5 5 7 ,5 8 2
A t mints and assay offices; certificates of deposit...................................... 582, 583
W ith Treasurer or assistant treasurers; certificate of deposit....................
657
Disks, casting into.................................................................................................... 515, 536, 556
Stamping weight and fineness on...................................................................... 515, 536
Exchange of......................................................................................................................... 478, 527
Bars for coin.............................................................................................. 573, 586, 596, 616
Bullion for coin....................................................................................................... .. 477, 586
Crude for refined....................................................................................................... 527, 582
Unrefined and unpartcd.............................................................. 529, 543,550, 563, 582
Fineness, stamping on ................................................................................................... 515, 536
Certificate of................................................................................................ i .................
495
Fitness of............................................................................................................................... 537,557
Fund, purchase from...................................................................................... 512, 517, 538, 558
To be charged with wastage................................................................................. 538,623
Gold and silver redemption fund....................................................................................
434
Ingots—
Forming into, for coinage.................................................................................... 503, 559
Transfer b y melter and refiner to Treasurer.....................................................
503
740
INDEX.
B ullion — Continued.
Page.
Ingots— Continued.
Deviation from standard........................................................................... 503, 559, 560
Processes to make, into coins................................................. 504, 539, 540, 559, 560
Assaying; certificates.............................................................................................
559
Used for 3-cent piece; deviation........................................................................
511
Use of, when not standard....................................................................................
540
Casting into ingots, bars, and disks....................................................... 515, 536, 556
Stamping weight and fineness on................................................................... 515, 536
Less than $100 to be refused.................................................................................... 536, 556
Melting and refining................................................................................................... 539, 557
Part to be retained..................................................................... 484,485,488, 493,494
Mode of melting................................................................................................... 537, 557
No unnecessary delay in refining.......................................................................
484
495
Not for coinage, to be received and assayed..................................................
Certificate of fineness.....................................................................................
495
Regulations........................................................................................................
495
Record of....................................................................................................................
539
Refining.................................................................................................................. 527, 582
Of gold in private establishments..............................................................
514
Refining and parting to be carried on, where........................... 577, 578, 582, 607
Expense of, how defrayed............................................... 577, 578,582, 585, 607
At Helena..........................................................................................................
601
Regulations...............................................................................................................
495
Payment for................................................................................................................... 505, 509
In five days.............................
496
Without delay....................................................................................................... 563,582
Deposit of money or bullion in mint, etc., for................. 506, 509,520, 543,563
Such deposit may be withdrawn.................................................................... 543, 563
Interest or discount on such payments........................................................ 506, 509
Of deposits, bars for........................................................................................... 540, 560
Of coins or bars to depositors.................................................................. 543,563,582
Of coin certificates to depositors.........................................................................
583
For silver, in gold deposits...................................................................................
556
In what coin..............................................................................................................
563
For dust and bullion at Denver...........................
520
521
Carson City................................... - - - ................................................: ............
Parting. ( S e e Melting and refining, this title.)
Preference to standard of the United States...........................................................
484
Property of the United States................................................................. 506,509,543,563
Purchase of—
For subsidiary coinage....................................................................................... 512, 576
Price and amount............................................................................................
576
Bullion fund......................................................................................... 512, 517,538, 558
For cent piece...........................................................................................................
517
Silver coinage....................................................................................... 538, 558, 589, 591
Metal for minor coinage.................................................................... 538,558, 622, 623
For standard silver dollars....................................................................... 579, 589, 591
Appropriation............................................................................................... 579, 590
Am ount............................................................................................................ 579, 589
Subject to existing laws, value, etc..........................................................
591
Discontinued....................................................................................................
599
For Lafayette souvenir dollar.............................................................................
608
Certain contracts for purchase of, or loan on, etc., unlawful...................
182
Receipt for, memorandum............................................................... 478, 515, 531, 537, 557
By superintendent and transfer..................................................................... 539, 559
And safekeeping of.............................................; .................................................
531
Recoined trade dollars not standard dollar bullion............................................
588
Refining. ( S e e Melting and refining, this title.)
Reports relative to..........................................................................................................
531
Reserve fund, gold bullion to be coined..................................................................
257
Of gold coin and bullion toredeem notes.................................................... 611, 614
How maintained.......................................................................................................
611
Limit....................................................................................................................... 611, 614
Return of unassayed portion to superintendent....................................................
557
Seniorage. ( S e e Coinage.)
Separating gold and silver.............................................................................................
557
INDEX.
741
B ullion—Continued.
Page.
Silver—
On coinage of, treasury notes to be canceled.............................................
255
For bars or trade dollars.............................................................................. 536, 556
And for no other coinage............................................................................. 536, 556
Containing proportion of gold........................................................................
495
Purchase of, discontinued..............................................................................
599
In Treasury to be coined into standard dollars..........................................
606
For subsidiary coinage............................................................................... 255,614
Silver profit fund. (See Coinage.)
Small proportions, no allowance for................................................................. 536,556
Stamping and devices......................................................................................... 536, 556
At New Orleans.................................................................................................
500
Subsidiary coinage, purchase............................................................................. 512, 576
Price and amount.............................................................................................
576
512
Deposits not to be received, except.............................................................
Test, expense of........................................................................................................
494
Toughening........................................................................................
557
Transfer—
By treasurer to melter and refiner................................................................
503
Expense of..................................................................................................... 545,565
For co in a g e......................................................................................................
515
Gold mint bars to assistant treasurer, New York, to redeem certificates
or exchange for coins..................................................................... ? ...........
573
New York assay office to Philadelphia mint........................................... 545,565
Adjustment of accounts....................................................................... 545, 565
Parcels by superintendent to melter and refiner................................... 539, 559
Record to be kept................................................................................. 503, 504, 559
Vouchers....................... ................................................................................. 531, 559
Unparting.............................................................................................................. 536, 556
Value of deposits; calculations..............................................................................
557
To be com puted............................................................................ - .................
531
Certificate of, net, to be g iv e n ......................................................................
515
Ascertaining............................................................................................
557
Silver bullion for standard dollars................................................................
591
Vouchers upon transfer of.......................................................................................
531
Wastage, no allowance for copper.........................................................................
507
Allowance....................... . . . ................................................................. 494,542,562
* Weighing, etc.........................................................................................................
557
Stamping on.................................................................................................. 515, 536
Determined by assay........................................................................... 529,557, 563
When deposited or melted.......................................................................... 537, 557
B ullion Certificates . (See Certificates.)
B ureau of E ngraving and P rinting :
Established................................................................................................................
428
No work to be done for private parties................................................................
201
‘ ‘ Capital of E xpired or Converted State B anks ,” defined ......................
378
Carson City :
Assistant treasurer provided................................................
137
Mint superintendent to be Assistant Treasurer of the United States; duties.
211
Mint at, to be depository of public moneys......................................................
211
(See also Mint.)
Cent . (See Coin.)
Central P acific R ailroad :
Settlement w ith.......................................................................................................
250
Foreclosure................. ' ............................................................................................
251
(See also Pacific railroads.)
Certificates :
Bullion—
Issue of............................................................................................ 515,521,528,531
Receivable for what.........................................................................................
515
Act authorizing certain, repealed.................................................................
240
Clearing house—
Lawful money within national bank act.....................
400
As part of bank reserves.................................................................................
668
Coin—
Shall be given for deposit of bullion............................................................
503
May be issued; purpose; limit; legal tender..............................................
178
742
INDEX.
Certificates — Continued.
Page.
Coin— Continued.
240
A ct authorizing certain, repealed.................................................................
Redemption of, with gold bars......................................................................
573
Silver, issue of...................................................................................................
580
Receivable for what.........................................................................................
580
Redem ption.......................................................................................................
580
Reissue...............................................................................................................
580
To pay depositors of bullion....................................................................... 582,583
Issue of, and amount.......................................................................................
657
Currency—
Accounts and reserve.......................................................................................
612
Debt, purchase of.....................................................................................................
639
Denomination o f................................................................................................... 254,255
Deposit—
Convertible into bonds....................................................................................
174
Four per cent bonds.................................................................................
240
For United States notes....................................................... 166,167,168, 635, 637
Convertible into bonds....................................................................... 166, 640
May be part of national bank reserve............................................... 374,400
Provision for United States notes as part national bank reserve re
pealed.............................................................................................................
613
For gold and bullion, issue of........................................................................
178
For <;oin or bullion, not to be paid in silver...............................................
579
For gold coin and bullion.......................................................
657
Not to exceed what.........................................................*........................
657
Receivable for what.................................................................................
657
For, of gold coin ...............................................................................................
204
In aid of refunding public debt.......................
240
Included in words ‘ ‘ obligation or other security of the United States ” .
187
Interest o n ..................................... - .................................................................
637
Authority to issue certain, to national banks repealed...........................
255
Issued to national banks for United States notes; use o f..................... 373, 668
Redemption o f.....................................
669
Issued on loan of notes; when payable; interest.......................................
185
635
For treasury notes convertible into United States bonds.......................
Domestic debt, to pay, how transferable............................................................ 9,10
“ Final settlement.” (See Loan office, this title.)
G o ld Issue of..................................................................... 178,204,254, 434,456, 586, 613
Receivable for what...................................................... 205, 254,434,456, 586, 613
Reissue o f....................................... ........................................ 254,434,456,586, 613
Receivable in settlement of clearing-house balances............................ 434, 587
As national-bank reserve............................................................ 254,434, 587,613
Accounts and reserve......................................................................................
612
Denomination o f.................................................................... 254, 255,456,457, 613
Suspension.............................................................. 254, 255, 257,434, 587, 613, 614
Legal te n d e r........................................
254
Suspension on increase of silver certificates................................................
456
Reduction of reserve fund......................................................................
456
Not to be held as collateral by banks..........................................................
587
In debtedn essConvertible into bonds....................................................................................
174
Authorized, to pay audited demands...........................................................
169
To holders of checks........................................- .............................................
169
Included in words “ obligation or other security of the United States ” ..
187
Issue of...............................
202,266
To Cherokee Indians.......................................................................................
247
To meet war expenses.....................................................................................
248
Counterfeiting, etc., provisions extended to (1898).............................. 249, 266
Hereafter issued payable in gold coin ..........................................................
266
Denominations and form................................................................................
266
Not to exceed $200,000,000............................ - ..............................................
266
Exempt from United States and state taxation ........................................
266
Loan, temporary, issue o f.......................................................................................
185
To redeem compound-interest notes, issue o f......................................... 199, 200
Principal and interest payable in lawful money on demand.............. 199,200
INDEX.
743
Certificates —Continued.
Pa£e365
Loan temporary, may be held by national banks as part of reserve.............
Certain 3 per cent to be c a n ce le d ................................................................
654
Not to bear interest after............................................................
654
Not to be part of bank reserve..............................................................
654
May be held by national banks as a part of reserve fu nd.................... 199, 200
Loan office, to be exchanged.................................................................................
42
“ Loan office” or “ Final settlements,” to be exchanged.................................
42
Renewal of destroyed; proceedings.............................................................. 29,30
Time for presentation of, and indents of interest, exchange, discharge,
e tc ....................................................................................................................
50
Exchange, discharge, etc., of, and indents of interest..............................
51
Bar upon settlement rem oved........................................................... 102,106,114
To be paid..........................................................................................................
107
Miscellaneous—
Descriptions o f.................................................................................................
8
To be received in payment of"subscription to loan on what terms............. 9,10
Certain, to draw interest must be exch an ged............................................ 10,11
Issue of, to pay state d e b ts............................................................................
12
Issue by the States, receivable in payment of loan, except................... 11,12
To be presented for exchange........................................................................
42
Issue of, authorized.........................................................................................
46
Issued by the Register....................................................................................
46
l o be given to redeem certain stocks........................................................... 68, 69
On which interest is payable abroad may be exchanged........................
69
To be reimbursed to be designated; preference; priority of payment----70
Received by United States to be can celed ................................................
100
Issued* to creditor States, transfer o f..............................................................
104
Issue of, to pay awards under treaty with S p a in .....................................
109
Circulation as currency subject to state taxation......................................
247
Issue of suspended, w hen................................................................... 254,255, 257
Mississippi stock, lost, how to be renewed.........................................................
102
Registered or refunded debt, issue of, prohibited...........................................
51
Report of sales of, to be made to Congress............................................... - - 83,85, 86
Silver—
Reissue o f...........................................................................................................
255
Issue of...............................................................................................................
254
Denomination o f..................................... 1.................................................... 255, 613
Cancellation and substitution........................................................................
255
434
May be held as part of national-bank reserve............................................
May be part of national-bank reserve..........................................................
587
In settlement of clearing-house balances........................................................
587
Accounts and reserve..........................................................................................
612
Issue upon retirement of Treasury notes.......... ..........................................
612
Redemption and substitution of certain denominations..........................
613
Issue of $ 1, $2, and $5.....................................................................................
697
Receivable, redeemable, payable.................................................................
697
Issue and exchange for larger........................................................................
697
Larger, upon exchange, to be destroyed.....................................................
697
(Hawaiian Islands), redemption o f..............................................................
618
Spanish claims, how to be paid............................................................................
116
Stock, issue of....................... 83,85, 86,103,105,110,112,128,130,148,153,155,159
Loan of 1795, signed by Register..................................................................
40
Signed by Register, in favor of France........................................................
62
Issue of, to be signed by Register or commissioner of loans........................ 72, 74
Signing and sealing.............................................................................. 148,153,155
May be exchanged...........................................................................................
63
Sealed proposals may be received................................................................
148
Interest on canceled, to cease................................................................... 100,101
Bona fides, purpose, and denom ination.....................................................
133
Coupons of interest may be attached...........................................................
148
How reimbursable....................................................... ...................*...............
148
Exchanged for Treasury notes, transferable and reimbursable............ 145,146
How transferable........................................................................... 130,148,155,158
May be exchanged for Treasury notes.........................................................
92
temporary, to issue on deposit of gold coin...................... ................................
204
Twenty-five per cent of deposit to be held to pay certificates....................
204
15712°— 10----- 49
744
INDEX.
. Charleston , S. C.:
Page.
Custom-house, vaults, etc., for public moneys..................................................
122
Receiver-general of public moneys, appointment and duties........................
122
Assistant treasurer of the United States—
Appointment and duties.................................................................................
137
Appointment (sec. 3595, R. S .)....................................................................
212
Safe-keeping, etc., of public moneys...........................................................
136
Charlotte , N. C. (See Mint.)
Check *
For less than $1 p roh ib ited ............................................................................... 641,659
Checks :
To be printed from hand-roller presses................................................................
250
Cherokee I ndians :
247
Certificates of indebtedness to be issued to........................................................
Chicago . (See Assistant treasurer United States.)
Chief Coiner of Min t :
Assistants and their duties.....................................................................................
501
Bond...........................................................................................................................
475
Branches, a t..............................................................................................................
498
Coins, to make..........................................................................................................
504
Copper, to coin .........................................................................................................
507
Director of Mint to prescribe as to coinage.........................................................
483
Duties.........................................................................- .......................................... 474,501
Oath of office.............................................................................................................
475
Provision for.......................................................................................................... 474, 500
Salary.........................................................................................................................
475
Treasurer, account and settlement w ith..............................................
505
To deliver clippings t o .................................................................... * ............
505
To deliver coins to...........................................................................................
505
(See Coiner of the mint.)
Cincinnati. (See Assistant treasurers United States.)
Circulation (see National banks):
Of notes, etc., less than $1, prohibited................................................................
641
Claims :
_
.
War, to be presented within a certain tim e.......................................................
51
Clearing -H ouse Certificates . (See Certificates.)
Clearing H ouses :
587
Not receiving gold certificates (see also National banks).................................
Clippings . (See Bullion.)
Co in :
Abrasion of, effect.......................... - - - ........................................................ 535,553,555
Acts regulating, extended to Territories............................................................
489
Louisiana purchase...................................................................................
65
Former repealed...............................................................................................
508
All laws to apply to gold dollar and double eagle.....................................
50
8
A ct 1853, chapter 79, to take effect when.....................................................
514
Extended to 2-cent piece...............................................................................
522
When act of 1873 to take effect.....................................................................
549
What to be known as “ coinage a ct” ............................................................
550
Alloy—
Regulation o f.......................................................................... 473,502,534,535,555
Silver and copper in gold................................................................... 476,534,555
Report relative, of gold ..................................................................................
476
Copper, in silver................................................................................... 477,534,555
Annual trial. (See Trial, this title.)
Assay. (See Assay.)
Base metal—
Redemption o f............................................... ...............................................
530
Discontinuance o f.......................................... ...............................................
530
Bronze—
Redemption o f............................................... ........................................... 530,559
Discontinuance o f.......................................... ........................................... 530,559
(See also Minor, this title.)
Bullion, conversion into, charge abolished----- ................................................
233
Cent (see also Copper, this title)—
Value and description.................................. 476,481,503, 517, 522, 523, 535,555
To be coined, and issued............................ •
................................... 480,485,487
When paid into Treasury to be published ...............................................
480
INDEX.
745
Page.
Coin— Continued.
Cent— Continued.
Weight may be reduced..................................................................................
484
Mode of distribution........................................................................................
485
W eight............................................................................. 503,517,522,523,535,555
Deviation in weight............................................................................. 517,541,560
Mint and coinage laws extended to ..............................................................
518
May be paid out and transmitted............................................................. 518,523
Trials of, and report thereof...........................................................................
523
Legal tender............................................................... ........................... 523,525,535
Expenses and profits........................................................................................
523
Redem ption.......................................................................................................
530
Discontinuance...........................................; ....................................................
530
Figure of eagle omitted............................................................................... 536,556
Certain, on special deposit to be paid into Treasury........................................
527
240
Certificates, act authorizing certain, repealed. (See alsoCertificates).........
Clippings. (See Bullion.)
Commissioner to test. (See Assay commission.)
3
Congress shall have power to, money (Constitution)........................................
Copper—
Paid into Treasury, when to be published.................................................
480
To pass current.................................................................................................
480
Certain, not to pass..........................................................................................
480
Weight may be reduced..................................................................................
484
Mode of distribution........................................................................................
485
Value and description......................................................................... 476,481,503
Deviation in weight.........................................................................................
504
Coinage o f..........................................................................................................
507
No allowance for waste....................................................................................
507
507.
May be exchanged for other m oney...............................................................
Transported at expense of m int....................................................................
507
Disposition of money received in exchange for.........................................
507
Fund to jiay transportation............................................................................
508
Redem ption....................................................................................
530,559
Discontinuance............................................................................................. 530,559
(See also Minor, this title.)
Counterfeiting, to provide punishment (Constitution) (see also Penalty).......
3
Counterfeits—
Disposition o f....................................................................................................
595
Search warrant.............................................................................................. 246,595
Forfeiture o f......................................................................................................
595
Decimal system established...................................................................................
567
Delivery to superintendent. (See Coiner; Melter and refiner.)
Denominations not provided.................................................................................
555
In paying bullion depositors..........................................................................
563
Designs. (See Devices and legends, this title.)
Debasing (see Penalty)............................................................................................
479
Deviations in ......................................................................................... 504, 507,544,564
Devices and legen d s............................................................ 476,503,508, 536,556,592
“ In God we trust” ....................................................................................... 525,536
Restored.....................................................................................................
624
Eagle omitted on certain............................................................................ 536,556
On trade dollar............................................................................................. 536,556
On silver dollar.................................................................................................
536
On rim................................................... *..........................................................
536
On standard silver dollar................................................................................
579
Dim*16^
co*n8 no^
changed....................................................................
592
Authorized.....................................................................................................
233
Value and description of dism es............................................... 475,502,535,555
Legal tender.......................................................................................... 502,512, 535
Deviation in weight............................................................................. 504, 540,560
" eight-................................................................................................... 512,535,555
to be paid out for gold coins at par............................................................
512
i o be transmitted to assistant treasurers, etc..........................................
512
Regulation of amount.....................................................
512
Figure of eagle omitted...................................................... ! . ! ! ! ............... 536, 556
Coinage of, to redeem fractional cu rren cy .............................................. 574,575
746
INDEX,
Coin — Continued.
Page.
Dismes. (See Dime, this title.)
Distribution. . (See titles of particular coins.)
Dollar (gold)—
Coinage of, authorized; value, e tc ............................. 252, 508, 534,555,567, 610
Legal tender................................................................................................... 508, 535
All laws to apply to ..........................................................................................
508
Deviation in weight.............................................................................. 509, 540, 560
Unit of value.......................................................................................... 534, 555, 610
Reduction by abrasion.....................................................................................
535
Reduced to be recoined...................................................................................
535
Figure of eagle omitted from...................................................................... 536, 556
593
Coinage of, prohibited....... - ............................................................................
Recoinage into other denominations.............................................................
593
Standard of value.......................................................................................... 252,610
Louisiana Purchase Exposition......................................................................
617
Lewis and Clark Exposition............................................................................
620
Parity of value with, to be maintained........................................................
252
Dollar (silver)—
Value and description.......................................................................... 475,502, 567
Legal tender............................................................................................ 253,502,579
Deviation in weight............................................................................ 504, 540, 560
(See also Trade dollar, this title.)
Standard, to be coined................................................................................. 579, 590
Weight and fineness..................................................................................
579
Devices, e tc............................................................................................ 579,592
....................
579
Legal tender.......................................................................... ■
Purchase of bullion for......................................................... 579, 589, 591, 599
Monthly amount to be coined..................................................... 579, 590, 591
Seigniorage..................................................
579, 590
580
May be deposit 3d with Treasurer or assistant treasurers..................
And certificates of deposit issued therefor...........................................
580
Coin to be held to redeem certificates..................................................
580
Expense of transportation........................................................................
589
Coinage from trade dollar and bullion..................................................
597
Bullion in Treasury to be coined into..................................................
606
612
And to retire Treasury notes...........................................................
Issue of silver certificates................................................................
612
Lafayette souvenir............................................................................................
608
Double eagle—
Coinage authorized; value.......................................................................... 508,555
Legal tender................................................................................................... 508,535
All laws to apply to ..........................................................................................
508
Deviation in weight.............................................................................. 509,540, 560
Provision for.......................................................................................................
534
Standard, and weight................................................................................... 534, 555
Reduction by abrasion.....................................................................................
535
Reduced to be recoined...................................................................................
535
Duties to be paid in, or demand notes.................................................................
168
And fees to be paid in, only, at what ra tes................................................
4
Received from, to be set apart for what (sec. 3694, R. S .)................... 168,219
Residue from, to be paid into Treasury......................................................
168
Eagle—
Value and description.......................................................................... 475,534,555
Standard, and weight.................i ................................................ 496,502,534,555
Legal tender.................................................................................................... 502,535
Deviation in weight.............................................................................. 508, 540, 560
Reduction by abrasion.....................................................................................
535
Reduced to be recoined...................................................................................
535
Emblem. (See Devices and legends, this title.)
Exchange of, for bullion...................................................................................... 477,574
Order of delivering............................................................................................
477
Undue preference..............................................................................................
478
For Treasury notes............................................................................................
634
(See titles for particular coins.)
Exportation of specie prohibited...................................................................... 491,492
Fifty-cent piece. (See Half dollar, this title.)
iwaijag
INDEX.
747
Coin— Continued.
.
.n *> e;
^
Fineness, officers responsible for.................................... ................................... 497, 544
Annual test..................................................................................................... 544, 563
Standard........ ................................................................................................ 555,564
Five-cent piece (nickel)—
Authorized..................................................................................................... 525, 555
Weight, shape, device, etc.......................................... 525, 535, 540, 555, 560, 592
Laws applicable to ........................................................................................ 525, 526
Regulations........................................................................................................
526
Trials and report thereof..................................................................................
526
Legal tender................................................................................................... 526, 535
.
Payment and exchange o f...............................................................................
526
Expense and profits..........................................................................................
526
Redem ption................................................................................................... 527,530
Discontinuance.................................................... - ..........................................
530
Figure of eagle om itted............................................................................... 536,556
Five-cent piece, silver. (See Half dime, this title.)
Foreign, rates of established....................................................... 481,482,490,497, 517
Legal tender................................................................................................... 481,568
482,486, 487
When cease to be legal tender or current, except.................... .
To be coined anew........................................................................................ 4g2’ 567
Acts regulating, extended to Territories.....................................................
489
Louisiana.....................................................................................................
65
Annual assays to be made...................... .................................................... 490,498
And result reported to Congress......................................................... 490,’ 498
515
Melting, refining, etc., o f................................................................................
Spanish and Mexican coins receivable for what..................................... 517, 568
Not to be paid out again...................................................................... 517,568
Recoinage and expense............................................................................
568
Acts making, currency or legal tender repealed........................................
517
Assays of, to be made, and reported.............................................................
517
All, received for dues to be coined anew.....................................................
518
Value, how established........................................................................ 3,4, 567, 593
Of, in money of United States, shall be that of pure m e ta l............
209
To be estimated annually.................................................................... 209, 567
Sovereign or pound sterling................................................................ 209, 567
To be estimated quarterly.......................................................................
593
In estimating importations...................................................... *.............
593
Power to regulate (Constitution)............................................................
3
Fractional currency, issue of, to redeem.............................................................
233
Fractional silver. (See Silver, this title.)
G o ld Standard for, alloy........................................................................................ 476,555
Silver and copper alloy................................................................................ 476, 502
Standard and weight............................................................. 252,496, 502, 534, 555
Certain foreign, to be assayed........................................................................
107
Receivable in payment for lands...........................................................
107
Receivable for what, according to weight, fineness, e tc ..................
496,551
Received on deposit, how applied................................................................
204
A tender (Constitution)...................................................................................
3
Legal tender........................................................................................... 502. 535, 568
Bonds and certificates of indebtedness hereafter issued payable in ___
266
Deviation in weight...................................................................... 504,508, 540, 560
To be coined at Denver...................................................................................
519
Subject to state taxation.................................................................................
247
Reduction by abrasion......................................................................... 535, 553, 555
Reduced to be recoined............................................................................... 535 555
Received on deposit......................................................................................... ’ 532
Receivable for gold bars.............................................................................. 586 593
Charge for exchanging.............................................................................. *596
Deposits, how to be withdrawn.............................................................................[ ” 204
Deposited or exchanged for gold certificates................................... 254 586 613
To be held for redemption of certificates......................... 254, 434 453’ 586’ 613
Reserve fund to redeem notes............................................................ ..
’ 611
Lim it.............. .................. .............................................................* '.!! 611 613
.
Received on deposit and certificatesissued therefor.............. 178,204 434’ 657
Duties to be paid in ..................................................................................... ’ . . . ’
’4
’1
748
INDEX.
Coin — Continued.
Page.
Gold and silver—
A tender (Constitution).................................................... 3,473,478,495, 535, 568
Parity between..................................................................................................
476
Conformable to standards................................................................................
478
Only to be paid by United States.................................................................
125
Only receivable for duties, e tc ......................................................................
140
Debasing and embezzling................................................................................
479
Standard for............................................................................................ 502, 534, 555
Reduction by abrasion.....................................................................................
535
Reduced to be recoined...................................................................................
535
Commission to test. (See Assay commission.)
Motto “ In God we trust” restored.................................................................
624
Loan, upon pledge of, restrictions, not applicable to United States___
179
Half cent (see also Copper, this title)—
Value and description........................................................................... 476, 481, 502
To be coined and issued....................................................................... 480,485,487
When paid into Treasury to be published...................................................
480
484
Weight may be red u ced .................................................................................
Mode of distribution.........................................................................................
485
Coinage of, to cease..........................................................................................
517
Redem ption........................................................................................................
530
Discontinuance..................................................................................................
530
Half dime—
Value and description of half dismes........................................................ 475, 502
Legal tender.................................................................................................... 502,512
Deviation in w eigh t.........................................................................................
50-1
Weight..................................................................................................................
512
To be paid out for gold coins at par..............................................................
512
To be transmitted to assistant treasurers, etc...............................................
512
Regulation of amount.......................................................................................
512
Figure of eagle omitted....................................................................................
536
Half dismes. (See Half dime, this title.)
Half dollar—
Value and description................................................................... 475,502, 535, 555
Legal tender............................................................................................ 502, 512, 535
Deviation in weight.............................................................................. 504, 540, 560
W eight...................................................................................................... 512,535,555
To be paid out for gold coins at par..............................................................
512
To be transmitted to assistant treasurers, etc...............................................
512
Coinage of, to redeem fractional currency............................................... 574,575
Columbian, coinage o f......................................................................................
598
Authorized..........................................................................................................
233
Half eagle—
Value and description........................................................................... 475,534,555
Standard, and weight.................................................................... 496, 502,534, 555
Legal tender.................................................................................................... 502, 535
Deviation in weight.............................................................................. 508, 540, 560
Reduction by abrasion.....................................................................................
535
Reduced to be recoined...................................................................................
535
Hawaiian silver—
Receivable for government dues....................................................................
617
To be recoined into subsidiary.......................................................................
617
Expense of transportation............................................................................ 617,619
Exchange for United States coins..................................................................
618
Payment for mutilated.....................................................................................
618
Legal tender........................................................................................................
618
Illustrations of, permitted.......................................................................................
620
“ In God we trust.” (See Devices and legends, this title.)
Inscription. (See Devices and legends, this title.)
Interest payable in ............................................................................................. .4 .
166
International, conference in relation to................................................................
589
Issue of, none except as provided..................................................................... 536,556
Lafayette souvenir dollar. (See Dollar, this title.)
Lawful tender. (See Legal tender, this title.)
Laws. (See Acts, this title.)
Legal tender...................... 473,478,495,502,508, 523, 524,535,551,568, 575,584,612
International.......................................................................................................
589
INDEX.
749
C oin — Continued.
.
e*
LegendB and deviceB ( e Devices and legends, this title)............. 476, 53
se
Lewis and Clark Exposition, gold dollar...................... .................................. 620
Loans on, certain contracts for, unlawful........................................................
182
Louisiana Exposition, gold dollar............................................................................ 617
Louisiana Purchase, acts extended t o . . ...............................................................
65
126
Metallic currency, to promote circulation of......................................................
Mexican dollar—
Value, etc....................................................................................................... 617, 568
Recoinage...............................................................................
668
Expense, e t c ....................................................................................................
568
Minor—
Consists of what.............................................................................................. 535,555
A lloy................................................................................................................. 535,555
Weight.............................................................................................................. 535,555
Legal tender.................................................................................................... 535,568
Purchase of metal for.................................................................... 538, 558, 622, 623
Profit fund.................
539,558,623
Wastage, cost of distribution, e tc....................................................... 539, 559, 623
Delivery of, in cities............................................................................ 539, 559, 623
Exchangeable for what........................................................................ 539,559,623
Redeemable in what sums.................................................................. 539, 559, 623
Cessation of coinage.............................................................................. 539,559,623.
Deviation in weight....................................................................................... 540,560
Recoinage, reissue, and transportation.........................................................
603
Money, and regulate value thereof................................................................... 2, 3,473
No State shall.................................................................................................... 3,473
New, designs, etc......................................................................................................
592
Numismatic, books, illustrations permitted........................................................
620
Officers responsible for deviations...................................................................... 544,564
One-cent piece. (See Cent, this title.)
One dollar. (See Dollar, this title.)
Order of delivering, in exchange for bullion.......................................................
478
Parity between gold and silver.......................................................... 476, 590, 600, 610
(See Monetary Conference; Gold and Silver.)
Payment of, to depositor of bullion................................................................... 506,509
For equivalent in other m oney................................................................... 506,509
To United States, what receivable................................................................
551
By United States in ...................................................................... 125, 201, 630, 661
Obligations in, faith of United States pledged (sec. 3693, R. S .)...........
218
Penalty. (See Penalty.)
Porto Rican—
Redemption of...................................................................................................
615
Recoinage into United States coins...............................................................
615
Legal tender.......................................................................................................
615
Payment of debts..............................................................................................
616
541
Proceedings on delivery of, by coinerto superintendent..................................
Purchase of, with bonds or notes............................................................... 169, 220, 570
Certain contracts unlawful.......................................................................... 179,182
Quarter dollar—
Value and description..............................................................
475, 502, 535,555
Authorized.........................................................................................................
233
Legal tender........................................................................................... 502, 512, 535
Deviation in weight.............................................................................. 504, 540, 560
Weight..................................................................................................... 512,535,555
To be paid out for gold coins at par..............................................................
512
To be transmitted to assistant treasurers, etc..............................................
512
Regulation of amount.......................................................................................
512
Coinage of, to redeem fractional currency............................................... 574, 575
Coinage of, for Columbian Exposition..........................................................
599
Quarter eagle—
Value and description.......................................................................... 475, 534; 555
Standard, and weight.................................................................... 496, 502, 534, 555
Legal tender................................................................................................... 502, 535
Deviation in weight............................................................................ 508, 540, 560
Reduction by abrasion.....................................................................................
535
Reduced to be recoined...................................................................................
535
750
INDEX.
Coin — Continued.
Page.
Recoining—
Not of legal weight........................................................................................ 505, 561
Found on test unsatisfactory...................................................................... 541, 561
Reduced b y abrasion........................................................................................
555
Minor....................................................................................................................
603
(See title of Particular coins.)
Record of—
Kind, number, and weight.............................................................................
505
Trial pieces..................................................................................................... 541, 561
To be transmitted to Director of Mint..........................................................
561
Redemption—
Of 5-cent piece (nickel)...................................................................................
527
Copper and base m etal.....................................................................................
530
Minor....................................................................................................................
559
Of bonds with coin ........................................................................................ 205,569
Of United States notes, in, pledged..............................................................
202
Refining. (See Melting and refining.)
Remelting, found on test unsatisfactory.......................................................... 541, 561
Report—
Relative alloy of gold.......................................................................................
476
Of trials of small coins.......................................................................... 523, 524, 526
Reserve fund of gold coin and bullion to redeem United States and Treasury
notes.........................................................................................................................
611
How maintained................................................................................................
611
Lim it...................................
611,614
Reserve pieces. (See Trial pieces, this title.)
Silver (see also Names of coins)—
Duties to be paid in ..........................................................................................
4
Parity between gold and..................................................................................
476
Subject to state taxation..................................................................................
247
Standard for; alloy ....................................................................... 477,502, 534, 555
Weight...................................................................................................... 502,535,555
A tender (Constitution)....................................................................................
3
Legal tender.................................................................................... 502, 535, 584, 612
To be paid out, where and for what.......................................................... 538, 558
Transmitting to sub treasuries, etc.............................................. 538, 558, 585, 587
Deviation in weight...................................................................................... 540, 560
What receivable.................................................................................................
551
Coinage of, to redeem fractional currency............................................... 574, 575
Exchange for tegal-tender notes.....................................................................
576
Subsidiary—
Amount authorized........................................................................ 255,576, 614
Limitation on coinage rem oved..............................................................
619
Redem ption................................................................................................
584
Exchange for lawful m oney.....................................................................
584
Legal tender................................................................................................
584
614
From bullion in Treasury........................................................................
Profits on ......................................................................................................
512
Recoinage of worn, e tc ......................................................................... 256, 614
Free transportation o f................................................................................... 585, 587
Including fractional...................................................................................
587
By mail or otherwise.....................................
587
Reports of cost to Congress......................................................................
588
International, conference relative to.............................................................
589
Recoinage of uncurrent fractional.............................................................. 256, 597
Of uncurrent........................................................................................... 256, 597
Fifty-cent piece authorized.....................................................................
233
Ten-cent piece authorized.......................................................................
233
Twenty-five-cent piece authorized........................................................
233
Hawaiian, receivable for government dues.................................................
617
Recoinage..*....................................................................... *.......................
617
Expense transportation......................................................................... 617, 618
Exchange for United States....................................................................
618
Mutilated, payment for............................................................................
618
Legal tender................................................................................................
618
Sovereign, or pound sterling, value.......................................................................
567
INDEX.
C o i n —Continued.
751
Page.
Spanish milled dollars, legal tender; rates........................................... 482, 486, 568
568
Recoinage, expense, etc.................................................................... ..........
Specie, exportation prohibited................................................................ . . . . 491,492
Species of coins to be struck.................................................................... .......... • 475
........
577
Specimens, appropriation for..................................................................
Standard. (See Weight, fineness, etc., this title.)
3
States shall not, money (Constitution)....................
-. - - 3
Nor make anything but gold and silver a tender (Constitution)
Subsidiary—
........
512
Profits on .................................................................
255, 576, 614
Amount authorized...............................................
........
584
Legal tender...........................................................
Limitation on coinage removed..........................
........
619
From bullion in Treasury....................................
........
614
........
614
Recoinage of worn, etc.........................................
Redem ption............................................................
........
584
Exchange for lawful money.................................
........
584
247, 442, 600
Taxation, subject to state........ .................................
Ten-cent piece. (See Dime, this_title.)
Ten-dollar piece. (See Eagle, this title.)
Tender. (See Legal tender, this title.)
Three-cent piece—
To be coined...........................................................
.................... 510,523,555
Weight; device, etc..............................................
511, 513, 523, 524, 535, 555
Legal tender............................................................
............ 511,524,535,568
Deviation in weight..............................................
............ 511,524,541,560
Laws applicable to................................................
................................
524
Regulations relative to .........................................
................................
524
Trials and reports thereof.....................................
................................
524
May be paid out, exchanged, and transmitted
.................................
524
Expenses and profits.............................................
................................
524
Redem ption............................................................
................................
530
Discontinuance......................................................
................................
530
Figure of eagle omitted.........................................
............................ 536,556
Coinage of, prohibited; recoinage........................
................................
593
Three-dollar gold coin—
Coinage o f................................................................
................................
513
Laws applicable to.................................................
................................
513
Devices and shapes...............................................
................................
513
Provision for...........................................................
............................ 534,555
Standard, and weight.............................................
............ 534,540,555,560
Legal tender............................................................
................................
535
Reduction by abrasion.........................................
................................
535
Reduced to be recoined.......................................
................................
535
Figure of eagle omitted.........................................
............................ 536,556
Coinage of, prohibited..........................................
................................
593
Recoinage into other denominations.................
................................
593
Trade dollar—
............................ 535,555
Provision for...........................................................
535
Legal tender............................... ..........................
. . . 535, 536,'540, 555, 556
Weight and fineness to be inscribed..................
Bullion received for coinage o f...........................
................................
536
Not to be paid out, when.....................................
............................ 538,558
Not to be legal tender...........................................
................................
576
Coinage of, may be lim ited.................................
................................
576
Exchange o f............................................................
................................
588
To be recoined into, what...................................
................................
588
Not to be counted as certain bullion.................
................................
588
Authority to coin, repealed.................................
................................
588
Trade dollar and bullion, coinage o f.................
................................
597
Transmission. (See titles of Particular coins.)
Transportation. (See titles of Particular coins.)
Trial pieces, how taken and preserved................... .
............ 505,541,561
494,506, 541, 543, 561
Annual trial...........................................................
Commission...........................................................
............ 478,506,543
Of new, by superintendent................................
......................
561
752
INDEX.
Coin —Continued.
Page.
Twenty-cent piece—
Authorized..........................................................................................................
574
Legal tender.......................................................................................................
575
Deviation in weight..........................................................................................
575
Existing laws applicable............................................ .....................................
575
To redeem fractional currency..................................'....................................
575
Coinage prohibited............................................................................................
581
Twenty-dollar piece. (See Double eagle, this title.)
Twenty-five cent piece. (See Quarter dollar, this title.)
Two-and-a-half dollar piece. (See Quarter eagle, this title.)
Two-cent piece—
To be coined..........................................................................................
522
Composition, weight, etc............................................................................. 522,523
D eviation............................................................................................................
522
Shape, devices, etc...........................................................................................
522
Laws extended to..............................................................................................
522
Trials of, and report thereof............................................................................
523
Legal ten d er................................................................................................... 523, 525
May be paid out, exchanged, and transmitted...........................................
523
Expenses and profits.........................................................................................
523
Redem ption........................................................................................................
530
Discontinuance..................................................................................................
530
Uniformity. (See Weight, fineness, etc., this title.)
Unit. (See Dollar, this title.)
United States not to, money, unless (Constitution).........................................
1
Value of, regulation (Constitution)......................................................... 2,3,4,473,567
Not to be regulated, unless (confederation).................................................
1
Proportional between gold and silver....................................................... 476, 610
Of foreign, how ascertained, etc................................................. 3 ,4, 209,567,593
Estimates to be made w hen......................................................... 209,567,593
(See also Coin.)
Parity o f ......................................................................................................... 252, 610
Dollar, standard o f.................
252
Weights, fixing standard o f ......................................................................... 473, 555,563
Brass, troy pound to be standard....................................................... 494, 544, 563
Series of standard, to be procured...................................................... 494, 544, 563
To be regulated at least annually...................................................... 494, 544, 563
Coin of inferior, who responsible........................................................ 497, 544, 564
Uniformity of weight, etc............................................................. 499,519, 521, 544
Record of, of coins.............................................................................................
505
Separately weighing coins........................................................................... 505,561
Coins not of legal.................................................................................... 505,556,561
Deviation in weight of gold......................................................... 504, 509,540, 560
Deviation in silver............................................................................................... 540,560
Minor............................................................................................................... 540,560
Annual test...................................................................................................... 543,563
Reduced by abrasion........................................................................................
535
Coin age :
A ct of 1873, when to go into effect........................................................................
549
Known as *‘ Coinage act ” .................................................................................
550
Inconsistent acts repealed...............................................................................
550
550
Repeal not to affect what................................................................................
Artists to be engaged............................................................................. 513,532,554,592
Bullion for depositors, o f.............................................................................. 477,536, 556
Required to be adapted to...............................................................................
514
Charge for, provided.............................................................. 496,512,519,557,574,585
Coins, recoinage of Spanish and M exican........................................................ 517,568
Foreign.................................................................................................................
518
Uncurrent fractional silver.......................................................................... 597,614
Commenced................................................................................................................
486
Copper, delivery to chief coiner, o f.......................................................................
507
No allowance for waste.....................................................................................
507
And base metal, redemption o f.......................................................... 527,530,559
Discontinuance....................................................................................... 530,559
Counterfeiting, punishment to be provided (Constitution) (see Penalty)___
3
Deductions, charges, etc., to be covered into Treasury...................................
565
INDEX.
753
Coinage — Continued.
Page.
Denver, at......................................................................... ,........................................
500
Designs, new, but not oftener than twenty-five years......................................
592
For dollar and 5-cent p iece.............................................................................
592
592
Diameter of coins, no change in ............................................................................
Dies, molds, etc., how procured....................................................................... 513, 592
Certain to be destroyed....... ........................................................................ 545,564
Duties and fees to be paid in coin only at what rates......................................
4
Expense and profits, 1 and 2 cent pieces............................................................
523
Foreign coin and currency—
Rates o f................... ...........................................................................................
3
Further provisions....................................................................................
4
Value o f...................................- ..........................................................................
3
Countries, coinage for authorized..................................................................
572
Gold bullion held in reserve fund, o f . . . ..............................................................
614
3
And silver coin a tender (Constitution)............................................... .
Ingots, what deviation allowed.................................................................. 503, 559,560
Not standard, from...........................................................................................
540
Lafayette dollar.........................................................................................................
608
Laws, provision for (Constitution)........................................................................
3
620
Lewis and Clark Exposition gold dollar..............................................................
Louisiana Exposition gold dollar...........................................................................
617
Minor—
At Philadelphia on ly................................................................................... 538,558
Other places.......................................................................................................
623
Purchase of metal for.................................................................... 538, 558, 622, 623
B y advertisement.................................................................................. 538, 558^ 623
Assay........................................................................................................ 538,558,623
Profit fund.............................................................................................. 539,558, 623
Charged with wastage, etc........................................................... 539, 569, 623
Disposition of balance.................................................................. 539,559, 623
Cessation o f.............................................. .............................................. 539,559,’ 623
Recoinage o f.......................................................................................................
603
Operations, certain work not to interfere w ith...................................................
565
Power to coin money (Constitution).....................................................................
3
Money, regulate value thereof (Constitution).............................................
3
And of foreign coin...................................................................................
3
Processes.................................................................. ...................................... 504,540, 560
Profit on subsidiary..................................................................................................
512
Cent piece...........................................................................................................
517
'
Silver...................................................................................................................
538
320
Public moneys may be transferred to mint for supplying metal....................
Rates of foreign coin and currency.......................................................................
3
Further provisions............................................................................................
4
Remelted and recoined, not satisfactory, to b e ............................................. 541, 561
Seniorage from subsidiary coinaga, to be accounted for...................................
577
From, of standard silver dollars to be accounted for............................. 579, 590
Minor...................................................................................................................
623
Silver, purchase of bullion for............................................................ 512, 538, 576, 590
To redeem fractional currency, o f.................................................................
574
From bullion in Treasury................................................................................
614
Profit fund to be charged with waste, e tc ................................ 538, 558, 577,597
Balance to be paid into Treasury.............................................. 538, 558, 577
Not for transportation...............................................................................
589
What to be credited to....... .....................................................................
558
Standard silver dollars from bullion in Treasury...............................................
606
States not to coin money (Constitution)..............................................................
3
3
Nor make anything but gold and silver coin a tender..............................
Subsidiary, deposits for, not to be received, ex cep t..........................................
512
Silver coin..........................................................................................................
255
Lim it............................................................................................................
255
Limitation removed..................................................................................
619
Tender, gold and silver a (Constitution).............................................................
3
Three-cent piece.......................................................................................................
524
Trade dollars—recoinage..................................................................................... 588,597
Trial pieces. (See Coin.)
754
INDEX.
Coinage —Continued.
Page.
Uniformity....................................................................................... 519,522,523,544,564
1
United States not to coin money, unless (Constitution)..................................
Nor regulate the value, unless............................................................... .......
1
Value of coin not to be regulated b y United States, unless (Constitution)..
1
Foreign coin and currency..............................................................................
3
Further provisions.....................................................................................
4
Weight by which regulated................................................................................. 544,564
W orld’s Columbian Exposition, for................................................................... 598,599
Coin Certificates . (See Certificates, coin.)
Coiner of the Mint . (See also Chief coiner of the mint.)
Accounts of, annual settlement.......................................................................... 542,562
To be examined by the superintendent.......................................................
542
Bond, to give..............................................................................................................
552
Bullion, responsible for............................................................................................
554
Coins, clippings, bullion, etc., to deliver to superintendent.. 541, 542,560,561, 562
Accompanied by statements....................................................................... 542,562
Dies of a national character, and medals, may be struckby th e.................. 545, 565
To destroy certain......................................................................................... 545, 564
Duties....................................................................................................................... 532, 554
Ingots, to coin from............................................................................................... 540, 559
Provision for........................................................................................................... 531,551
Salaries........................................................................................................................
534
Subordinates, liable for acts o f...............................................................................
533
Superintendent, to deliver coins, clippings, bullion, etc., to. 541,542, 560, 561, 562
Accompanied b y statements....................................................................... 542, 562
To be debited and credited b y ................................................................... 542,562
To examine accounts o f....................................................................................
542
Waste, allowance for.................................................................................................
562
Coins . (See Coin.)
Collectors of Customs :
Charged with custody of public moneys..............................................................
122
Duties in relation to public moneys...................................
138
Collectors of P ublic Mon eys . (See Public moneys.)
Columbian E xposition :
Duplicate medals to be struck...............................................................................
598
Columbian H alf D ollars . (See Coin.)
Columbian Q uarter D ollars . (See Coin.)
“ Commercial Paper ,” defined...................................................................................
461
Commissioners :
To conference on ratio between gold and silver............................................ 580,586
Commissioners of L o a n s :
To be appointed in each State............................................................................... 8,10
Duties........................................................................................................................... 10,11
To open subscription to redeem certain stocks...................................................
68
To observe regulations..............................................................................................
71
Duties transferred to Bank of United States.......................................................
96
A ct abolishing office repealed, but appointment of, not authorized; Secre
tary of the Treasury to perform duties...............................................................
115
311
Duties to be performed by Bank of United States.............................................
Transfer of records, etc.............................................................................................
311
.
Office abolished..........................................................................................................
312
Act transferring duties and records to Bank of United States repealed___
314
Records to be transferred to Secretary of the Treasury....................................
314
Not to be appointed..................................................................................................
315
Commissioners of the Sinking F und . (Sec Sinking fund.)
Commissioners of the S inking F und of the D istrict of Columbia . (See
Sinking fund of the District of Columbia.)
Commissioners to Purchase D e bt :
Appointment..............................................................................................................
18
Duties...........................................................................................................................
18
(See also Commissioners of the sinking fund.)
Commissioners to S ettle A ccounts B etween U nited States and States :
Established................................................................................................................ 15,16
Duties...........................................................................................................................
16
Compound I nterest N otes :
Redemption o f.................................................................... ................................... 199,200
IN D E X .
7 5 5
Comptroller of the Cu rrency :
Page.
Bureau of—
Established.............................................. ........................................ - ...............
330
330
Chief, appointment, term of office, salary...................................................
Under general direction of the Secretary of the Treasury................
330
330
Deputy, appointment, salary, duties...........................................................
To act as Comptroller, when...................................................................
330
Oath of, bond of......... ........................: ....... ............................................
330
Clerks, employment, appointment, classification.................................. 330, 375
Comptroller to take oath within what time....................................................
330
To give bon d.................................................................................................
330
Comptroller and deputy comptroller not to be interested in national
banks..................................................................................................................
331
331
Seal of office.................................- ...................................................................
Papers under such seal to be evidence.................................................... 331,378
Impression may be upon paper.......................................................... 331, 378
Force and expenses, carrying out act of 1874.............................................
235
Suitable rooms, with safe, etc., vaults, to be assigned for business...........
331
Plates, etc., to be kept therein.........................................................................
331
Furniture, etc., to be furnished........................................................................
331
Capital—
To determine maximum and minimum................................................... 336, 384
To determine increase......................................................................................
384
To approve reduction.......................................................................................
385
Certificate to do business—
May withhold........................................................................................................
336
To give.................................................................................................... 338,392,393
Publication............................................................................................. 338,392,393
Organization, to record and preserve...............................................................
381
To safely keep............................................................................................
332
452
Charter of banks, may extend...............................................................................
Circulating notes—
To furnish........................................................................ 340, 364, 421,467, 662, 666
To cause to be printed................................................................. 340,393,469, 663
To issue new for worn-out and mutilated........................................ 341, 397, 666
To notify holders to present for payment................................................ 354, 671
To make statement of, in each State, and of amount to be retired___ 371, 664
To effect equitable distribution o f.................................................... 372, 664^ 682
To issue new, in place of $55,000,000 withdrawn................................... 421, 683
To prepare additional...................................................................................... ’ 467
Acts in relation to additional....................................... .................................
468
Charter numbers on notes...............................................................................
682
Commencing business, to determine................................................................ 338,392
Creditors, to notify, of defaulting bank........................................................... 356,413
Dies. (See Plates and dies, this title.)
426
Discharge of, after liquidation, etc................ . . . ...............................................
Examination by, of national banks in the District of Columbia....................
290
Payment of expenses other than national banks.................... 291,374,376,377
Dies, plates, etc., annually; list................................................................ 376,394
Examiners, may appoint.................................................................................... 357,415
May examine any bank in the District of Columbia............................. 291, 374, 376
Mutilated and worn-out notes, to receive, and issue new.................... 341, 397, 666
Name of bank, to approve......................................................................................
332
To certify approval of change o f....................................................................
437
Oath of directors, to file and preserve..................................................................
334
Plates and dies, to cause to be engraved........................................ 340, 393,467, 663
Remain in his custody......................................................................... 349, 394, 663
Print circulating notes therefrom.............................................. 340, 393, 467, 663
Regulate destruction, of closed banks..........................................................
376
Shall annually examine............................................................................... 376,394
Possession, may take, of trust, etc., companies, as he would of national
banks.......................................................................................................................
291
Power of attorney, to give associations to receive interest on security___ 342,391
Purchase of property at execution sales, du ty ............................................... 436’ 437
R e c e iv e r May appoint, on failure of reserve..................................................... 346,400, 668
May appoint........................................................................... .. - -. 355,413,425,673
Discharge o f........................................................................................................
426
756
INDEX.
Comptroller of the Currency — Continued.
Page.
Redemption, may approve associations for..................................................... 346, 668
To give public notice of such association................................................. 346, 669
Proceedings by, on association failing to redeem................................... 346, 669
To appoint agent to examine on failure to redeem........................ 354, 411,671
Reports by—
To Congress..................................................................................................... 359,377
Annually to Congress conditions of state banks.........................................
374
May, to Congress examination of District of Columbia banks.................
376
Liquidation expenses........................................................................
452
653
Of circulating notes to Secretary of the Treasury......................................
Reports to—
Savings banks or savings and trust companies to make same reports as
national banks................................................................................................
290
Law amended.............................................................................................
291
Safe deposit, trust, loan, mortgage, etc., companies to report to ............
291
Comptroller to prescribe forms for national banks.....................................
367
May require proof of publication...........................................................
367
May call for special, from national banks............................................
367
367
May assess penalty for failure to make.................................................
How, may collect penalty...............................
367
Reserve banks, to approve......................................................................................
345
Cities, may approve certain southern cities as...........................................
346
May add to..................................................................................................
439
Security bonds—
To have access to..................... . ................................................................... 340, 390
To give power of attorney for interest....................................................... 342,391
May require additional................................................................................. 342, 391
May permit an exchange of bonds............................................................. 342, 391
May return bonds upon cancellation of notes......................................... 342, 391
When to declare forfeiture o f...................................................................... 354, 671
To cancel bonds on payment of notes....................................................... 354,672
May sell, on failure to redeem notes.......................................................... 355, 672
To give receipt for.............................................................................................
390
To sell, on failure of banks to withdraw circulation.............................. 420, 683
Shareholders’ meeting after receiver has paid debts, to call...........................
426
State banks to receive circulating notes from.....................................................
328
329
On failure to redeem, how paid.....................................................................
Comptroller may withhold certificate...........................................................
336
To report condition to Congress annually....................................................
374
Suits, to bring, to determine violations................................................................
357
Transfer of security bonds, to countersign assignment or..................... 339,340,390
To keep a transfer book........................................................................ 339,340, 390
To notify banks when made........................................................................ 339,390
To have access to treasurer’s transfer books............................................ 340, 390
To have access to bonds............................................................................... 340, 390
Treasurer to have access to comptroller’s transfer books..........................
390
Comptroller of the T r ea su r y :
Provision for...............................................................................................................
5
6
Not to be concerned in what..................................................................................
Con gress :
To have power to lay and collect taxes, duties, imposts, and excises (Con
stitution)..................................................................................................................
3
Coin money, regulate the value thereof, and of foreign coin (Constitu
tion)..................................................................................................................
3
Report to, of sale of stock...................................................................... 80,83, 85, 86,94
Reports of—
Loans or sales of stock......................................................................................
43
Sales of stock, loans, and payments to be made, when............................
61
Report of money borrowed, e tc ..............................................................................
131
To, of redemption of stolen Treasury notes.................................................
142
Of Treasury notes..............................................................................................
147
T o (loan of 1848)................................................................................................
148
Relative to loan to be made........................................................ 153, 155,158,163
Discontinuance of a designated depository.............................................319,326
Number and names of designateddepositories........................................... 319,326
To, .relative assays of foreign coins................................................................
498
IN D E X .
7 5 7
Congress —Continued.
Page.
Report of expenditures to protect commerce and seam en..............................
65
Relative finances by Secretary of the Treasury....................... - ...............
57
Expenditure of appropriation for foreign intercourse by President----61
Account of exchanges, loans, e tc...................................................................
649
Reports to, as to issue of bonds, e tc..................................................................
192
Of public revenue and expenditures............................................................
210
As to National bank matters. (See also National banks; Money; Coin
age; Public debts.)
Copper :
Cents, in— quality....................................................................................................
478
Coinage, to be purchased for.............................................................. 480,485,487,507
Silver, in ....................................................................................................................
477
(See also Bullion.)
Copper A lloy . (See Alloy.)
Copper Coin . (See Coin.)
Constitution op the U nited States :
Power to—
Pay debts, etc...................................................................................................
3
Borrow m oney...................................................................................................
3
Coin money, and fix values............................................................................
3
Punish counterfeiting......................................................................................
3
Make laws...........................................................................................................
3
Coin money and regulate the value thereof................................................
473
No State to coin money, emit bills, or make anything a tender except___
3
Punishment for counterfeiting...............................................................................
473
No State to coin money, emit bills of credit, or make anything but gold
and silver a tender...............................................................................................
473
Contracts :
Certain, for purchase, sale, or loan on coin or b u llion ...................................
179
Corporations :
Expired not to issue notes, bills, etc....................................................................
326
Counterfeiting . (See Penalty.)
Coupons :
May be attached............................................................................ 148,153,154,155,159
Included in words “ obligation or other security of the United States” . . .
187
Credit :
Bills of, a charge against the United States, when (Confederation)............
l
No State to emit (Constitution).....................................................................
3
To be received from subscribers to loan.....................................................
9
Of United States, borrowing money and emitting bills, on (Confederation).
1
Money not to be borrowed on, unless (Confederation)............................
1
Congress shall have power to borrow money on (Constitution)............
3
Plans for support of pu blic.....................................................................................
5
Creditors :
Of United States not subscribing to loan, privilege o f............................. 29,31,35
(See Debts; Loans.)
Credits :
War claims to be presented within a certain time...........................................
51
Creditor States :
Amount due, on account of advances to be retained.....................................
202
Crimes and O ffenses . (See Penalty.)
Cu b a :
Designation of depositories for public moneys....................................................
258
Currency :
Fixing value of foreign............................................................................................
3,4
Fractional, issue o f........................................................................ 177,186, Q44,646, 658
Denominations............................................................................... 525, 648, 649,658
Form..........................................................................................
644,646,658
Am ount............................................................................ 177,186,645, 646, 647, 658
In lieu of postage and revenuestamps...................................................... 177,644
Cancellation................................................................................... 525,526,650,658
Destroying..........................................................................................................
659
Engraving, etc....................................................................... 177, 644, 646, 658, 659
Exchangeable for United States notes or legal tender n otes.. 177,576,645, 658
Expense of issue, etc.................................................................................... 659,661
Included in “ obligation or other security of the United States” ........
187
INDEX.
758
C u r r e n c y — Continued.
Page.
Fractional, of less denomination than 5 cents to be canceled.................. 525,648
Ten cents to be ca n celed ............................................................ 526,649, 658
Laws applicable to postage, etc., currency.................................................
647
Legal tender.................................................................................... 177,186,645, 646
Mutilated, etc......................................................................................... 646,658,659
Payable for what................................................................................... 177,186, 645
Portrait or likeness of living person on, prohibited.......................... 191,658
Receivable for what...................................................................... 177,186,647, 658
Redem ption...................... .
177,186, 233,574,575,645,646, 648, 649, 658, 693
Redeemed to be part of sinking fund..........................................................
576
Retirement and destruction.............................................................. 575,576
Reserve, payment of pensions out o f............................................................
693
Invoices to be made in what..................................................................................
4
Limitation on expansion or contraction...............................................................
669
National, making, issuing, etc................................................................. 687,688
Reduction of the, suspended.............................................................. 200,651,659
C u r r e n c y B u r e a u . (See Comptroller of the Currency.)
C u s t o m s D u t i e s . (See Duties.)
D a h l o n e g a , G a . (See Mint.)
D e b t . (See Public debt.)
D
ebts
D
ue
th e
U
n it e d
St a t e s :
In what to be paid...................................................................................................
125
To be paid in gold and silver coin on ly ...............................................................
140
In what currency to be paid.................................................................................
210
Bills or notes of Bank of United States receivable for............................... 275, 307
Repealed......................................................................................................... 292,315
D ebts of the States :
Loan to pay, authorized..........................................................................................
11
D ecimal S ystem :
Established.................................................................................................................
567
D efaced B onds :
207
Duplicates may be issued for, w hen...............
D emand N otes :
Authorized...................................................................................................... 161,164,165
Receivable for what.............................................................................................. 166,169
D enver , Colo . (See Assistant treasurer United States; Mint.)
D epositaries :
To make returns of moneys received and paid (Bee. 3644, R. S .)..................
216
Examination of, to be made(sec. 3694, R. S.) ....................................................
216
Custodians of public moneys to be examined (sec. 3650, R. S.)..................
216
(See also Designated depositaries.)
D epositary :
In case of absence, etc., of assistant treasurer or depositary, who to act___
213
D epositors ( of bullion ). (See Bullion.)
D eposits :
Of gold coin, how applied........................................................................................
204
194
Of public moneys received by unauthorized persons, unlawful....................
D esignated D epositaries :
Compensation.............................................................................................................
150
Banks to be selected............................................................................................. 315,326
Agencies may be established where no banks................................................ 315,326
At least one such bank in each State and Territory...................................... 316,326
Deposits in proportion to capital stock............................................................. 316,326
Conditions....................................................................................................... 316,317,326
Where can not appoint in one place may in adjacent.................................. 316, 326
Congress reserves right to change....................................................................... 316, 326
Banks to furnish certain statements.................................................................. 317, 326
Right of the Secretary of the Treasury to inspect banks............................. 317, 326
To credit deposits in specie, and to pay in specie......................................... 317,326
To facilitate transfer of public funds................................................................ 317,326
To render duties and services performed by Bank of United States......... 318, 326
Bank must redeem its notes and bills in specie............................................. 318, 326
Not issue notes or bills for less than $5............................................................ 318,326
A contract may be entered into.......................................................................318,326
To be discontinued only for cause..................................................................... 318,326
Discontinuance to be reported to Congress..................................................... 319,326
Another bank selected......................................................................................... 319,326
INDEX.
759
D esignated D epositaries — Continued.
rage.
TJntil banks selected the present depositaries to continue............................. 319, 326
May be required to deposit security...................................................................... 318, 326
Statement of number, etc., of depositaries to be given Congress............... 319, 326
To pay interest, when........................................................................................ 263,319, 326
Transfers of public moneys except for disbursement, etc., illegal................. 320, 326
To be made to nearest safe bank.................................................................. 320, 326
May be made from banks in one State or Territory to those of another.
323
National banks as—
Duties and liabilities................................................ 181,222, 259,353, 387,451,457
To give security.......................................................... 181, 222 , 260, 353, 387,452, 457
To receive national currency bills................................................ 181, 260, 387, 452, 458
To receive, what currency bills....................................................................................
223
In Cuba, Porto Rico, and Philippines...................................... .................. 258, 261, 449
Duties in Alaska and Hawaiian Islands may be deposited in ..........................
451
As financial agents of government......................................................... 353, 387,452, 457.
Statement of securities required..................................................................................
458
Distribution of deposits..................................................................................................
458
Interest on special deposits...................................................................................... 263,468
Obligation for safekeeping not changed................................................................ 263, 468
Branch mint at—
Denver.........................................................................................................................
549
Carson City.................................................................................................................
521
Assay office at Boise City...............................................................................................
528
Certain mints and assay offices............................................................................•
____
568
Rate on deposits to be uniform....................................................................................
263
(See also Depositaries.)
D evices and L egends on Coins . (See Coin.)
D ies (see also Coinage; National banks):
Of a national character may be made at mint.................................................... 545 555
Private medal not to be prepared............................................................................... ’ 555
D ime P iece . (Nee Coin.)
D irector op the M in t :
Provision for.......................................................................................... 474, 500,501, 530, 550
Duties.............................................................................................................. 474,500,530,551
Appointment, and term of office............................................................................. 530, 550
Oath of office................................................................................ - ..................................
’ 475
Powers........................................................................................................
530
To regulate standard for gold coins, and alloy........................................................
476
To report to Congress touching alloy...... ...................................................................
476
Option to exchange coin for bullion..........................................................................
477
To purchase copper for coinage....................................................................................
480
To publish when copper coin paid into Treasury.................................................
480
To prescribe quantities to be coined..........................................................................
483
To control delivery of ingots to coiner or treasurer...............................................
483
To direct duties of melter and refiner.......................................................................
484
To procure a series of standard weights........................................................ 494, 544, 564
To approve charges for testing bullion......................................................................
494
To employ necessary clerks, workmen, etc.............................................................
495
To receive and assay bullion not for coinage..........................................................
495
Issue certain certificates of fineness...................................................................
495
To establish charges and regulations.................................................................
495
A t Philadelphia—
To have general direction of branches..............................................................
499
To prescribe regulations.........................................................................................
499
To require returns— .............................................................................................
499
Discriminating the coin — ..................................................................................
499
Preserving uniformity of weight, etc.................................................................
499
Assays and tests for that purpose........................................................................
499
To control—
Denver branch, etc..................................................................................................
549
Carson City branch, etc................................................................................. ....
52 i
Boise City assay office.............................................................................................
528
To establish charges and regulations at Boise City...............................................
528
To be styled superintendent.........................................................................................
549
To report annually to—
President and Secretary of the Treasury..................................................... 500,548
Secretary of the Treasury.................................................................................. 530, 551 ]
15712°— 10------ 50
760
INDEX.
D irector of the M int—Continued.
Page.
Shall appoint assistants and clerks.......................................................................
501
Duties of assistants and clerks................... ............................................................
501
To fill temporary vacancies....................................................................................
501
To give warrants for delivery of coin___ .*........................................................ 501,506
To direct assays of coin ............................................................................................
501
To employ workmen and servants........................................................................
502
504
To direct melter and refiner to deliver bullion to Treasurer...........................
To prescribe number of trial pieces......................................................................
505
May call meeting of assay or trial commissioners................................... 507, 544, 564
To instruct purchase of copper bullion....................... .........................................
507
To fix charges for coining, assaying, refining, stamping, etc..........................
511,
521,528,557,585,602
To approve purchase of silver bullion.............................................................. 512,558
To give warrant for transfer to coinage profit.....................................................
512
To propose regulations as to exchanging and paying out of coins..................
512
To engage artists.................................................................................... 513,532,554,592
To regulate operations of assay office at—
New Y ork............................................................................................................
516
Boise City............................................................................................................
528
To cause assays of foreign coins, and make report.............................................
517
To fix shape and device of cent.............................................................................
517
To regulate transfer of cents to depositaries........................................................
518
Preserving uniformity of weight, etc., at Carson City......................................
521
To determine composition of the cent..................................................................
522
To fix shape, etc., of 2-cent c o in s ........................................................................
522
To secure uniformity of alloy in such coins........................................................
523
523
To order trials thereof..............................................................................................
To make regulations in relation thereto...............................................................
523
To determine composition, shape, etc., of 3-cent piece...................................
523
To make regulations in relation thereto...............................................................
524
To cause motto “ In God we trust” on certain coins..................................... 525,536
To determine composition of 5-cent piece...........................................................
525
To prescribe regulations in relation thereto........................................................
526
To submit annual estimates................................................................................ 530,551
To have general supervision of mints and assays office....................................
530
Superintendents to control mints subject to approval o f............................. 531,552
Appointments b y superintendents may be disapproved b y ........................ 532,553
To approve temporary appointments....................................................................
533
To approve bond of superintendent and others.............................................. 533, 552
Temporary absence, who to act..............................................................................
533
Salary and expenses..................................................................................................
534
Salary...........................................................................................................................
534
To determine salaries of assistants and clerks.....................................................
534
To approve wages of workmen...............................................................................
534
To determine composition of minor coins........................................................ 535, 555
To establish value of silver bullion in gold deposits..................................... 536, 556
538
To approve purchase of bullion for silver coinage.............................................
To regulate transfer of silver coins to depositaries......................................... 538, 558
To prescribe regulations relative to payment of silver coin for bullion........
538
To approve purchase of metal for minor coinage............................ 538, 558, 622, 623
Direction as to delivery of minor coins..................................................... 539,559, 623
May prescribe tests of coins................................................................................. 541, 561
May direct settlement of coiner’s and melter’s and refiner’s accounts___ 542, 562
To compare balance sheet with liabilities....................................................... 542, 562
May prescribe conditions as to exchange of imported bullion for fine bars. 543, 563
Test, etc., by assay commissioners in presence o f.......................................... 544, 563
Approval of dies of national character.............................................................. 545, 565
Assayer to employ clerks and others under direction o f............................... 546, 566
Bonds of officers and clerks in assay offices to satisfaction o f...................... 546,566
To have direction of assay offices; prescribe regulations, returns and charges
therefor.....................................................................................................................
547
Absence, who to a c t ................................................................................................
552
To approve temporary appointment.....................................................................
552
To prescribe forms of superintendents’ reports...................................................
552
May require engraver to prepare dies, etc....................................................... 554,592
To prescribe regulations relative recoinage of Spanish and Mexican c o in s ..
568
To fix charges for foreign coinage...........................................................................
572
INDEX.
761
D irector of the M int — Continued.
Page.
To estimate—
Annually value of foreign coin........................................................................ 209, 567
Quarterly value of foreigncoin.............................................................................
593
Power to cause new designs, etc..................................................................................
592
To prescribe devices, etc.—
Columbian quarter and half dollar................................................................. 598, 599
608
Lafayette dollar........................................................................................................
D isbursing A gents and O fficers :
To keep public moneys where; transfer, e t c ........ .............................................. 71, 214
To make payments in gold and silver only, violations to be reported...........
126
To exchange funds in gold and silver only, unless........................................... 126,141
In what to make payments.......................- ............................................... .............. 140, 569
To deposit moneys with Treasurer, assistant treasurers, or public deposi
taries..................................................................................... - ..........................................
151
Depositing moneys where there is no Treasurer or assistant...............................
193
Deposit of and withdrawal of public moneys........... - ............................................
193
Not to loan, deposit, etc., moneys except as authorized; penalty..................
193
Transfers of money to, to be by draft or warrant...................................................
193
Not to exchange funds, except..................... - ..........................._
............................ 217,569
Penalty for unlawfully depositing, converting, etc., public moneys.............
229
To deposit moneys without delay, or within thirty days...................................
248
Exchanging or paying in certain funds restricted.................................................
569
Exchange and payment of funds b y ..........................................................................
660
Violation of this provision.............................................................................................
660
D isk s . (See Bullion.)
D istinctive P ap e r :
Having, etc., without authority..................................................................................
225
D istrict of Colum bia :
Loan authorized to the city of Washington.............................................. - ............
45
Banks in, may loan to United States............................................. 7«, 81,84, 87, 94, 629 •
Not to buy or sell funded debt of United States, except...........................
101
Incorporation of trust, loan, mortgage, and other corporations........................
245
Notes and bills of municipal corporations, denominations, and withdrawal..
631
Circulation of small notes in, prohibited..................................................................
633
Bank; circulation of notes. (See Banks.)
Sinking fund. (See Sinking fund of the District of Columbia.)
D ollar . (See Coin.)
D omestic D e b t :
To be loaned to full amount.........................................................................................
8
'
Time to subscribe to loan, extended............................................................. 25, 28, 31, 35
(See also Public debt.)
D rafts :
To transfer moneys to States receivable for public debt.....................................
119
Not to be thrown into circulation...............................................................................
216
D uplicate B onds :
May be issued, when.................................................. - ..................................... 207, 220,221
D ust . (See Bullion.)
D utch D ebt :
Sums to pay, may be borrowed...................................................................................
59
Manner of paying..............................................................................................................
60
D uties :
Power to lay and collect (Constitution)....................................................................
3
To be uniform (Constitution)........................................................................................
3
To be paid in coin only at what rate.........................................................................
4
Pledged to pay certain loans.......................................................................................
7
Pledged to pay interest on foreign debt....................................................................
7
Interest on—
Loans to be paid from.............................................................................................
7
Foreign debt to be paid out of excess...............................................................
7
Pledged and appropriated to pay interest on loan.v ...........................................
14
Excess of, to be applied to purchase of debt..........................................................
17
Supplementary act as to payment of debt out of..................................................
19
Pledged to pay interest on loans.................................................................................
21
Surplus of—
To be applied on debt, unless, and how long.................................................
22
To reimburse loan.........................................................................................................
24
To repay loan..........................................................................................................
27
762
INDEX.
D uties — Continued.
Page.
Loan to be repaid from....................................................................................................
29
Pledged to pay interest on balances due States.....................................................
32
Loan of $2,000,000 to be repaid out of.......................................................................
34
(Internal) appropriated to pay loans on account of foreign intercourse a c t ..
36
Loan to be paid from........................................................................................................
36
To be continued to be collected to pay loans and interest................................
37
Appropriated to sinking fund.......................................................................................
38
How to be paid...................................................................................................................
125
To be paid in gold and silver coin only....................................................................
140
Shall be paid in coin or demand notes......................................................................
168
On imposts to be paid in what (sec. 3473, R. S .)..................................................
210
Coin received in payment to be set apart for what...............................................
219
On banks, bankers, notes, etc. (war of 1812)...........................................................
293
Composition with bankers in lieu of...........................................................................
293
Payable in coin or demand notes................................................................................
637
(See also Revenue.)
E agle . (See Coin.)
E ngraver ( of the M int ):
Provision for..................................................................................................................... 474,500
Duties............................................................................................................... 474,501,532,592
Oath of office.................................................................................................................... 474,554
Assistants, and their duties............................................................................................
501
At Philadelphia..................................................................................................... 531,534,551
May execute dies of a national character............................................................. 545,565
E ng ravin g , P rinting , etc.:
Of notes—
In Treasury Department........................................................................................
639
Bonds............................................................................................................................
646
At Washington...........................................................................................................
658
Provision.*..................................................................................................................
658
Expense of...................................................................................................................
659
No extra compensation for.............................................................................................
659
(S ee also Penalty.)
E stim ates :
Of value of foreign coins to be made—
Annually................................................................................................................... 209,567
Quarterly.....................................................................................................................
593
Of revenue and expenditures to be made to Congress.........................................
210
E xchange (see Notes; Bonds; Coin):
Of Treasury and United States notes of 1890 ..........................................................
252
E xchange of F u n d s . (See Disbursing agents.)
E xc ise s :
3
Power to lay and collect (Constitution)....................................................................
To be uniform (Constitution)........................................................................................
3
E xecutive P o w e r s :
Laws in relation to (Constitution)...............................................................................
3
E xpen d itu r es :
Of public moneys, accounts of, to be kept by register........................................
6
Secretary of the Treasury to report to Congress estimates of.............................
57
E xpenses ( see the different notes and securities):
Of issuing securities, defining and limiting appropriation.................................
206
E xpositions :
Memorial Coinage. (See Coinage.)
F aith of the U nited Sta te s :
Pledged to—
Provide permanent funds for the payment of interest................................
15
Make good any deficiency in a certain fund...................................................
24
Pay deficiency interest due States.....................................................................
32
Provide further as to foreign intercourse........................................................
34
Pay loans on account of foreign intercourse act.............................................
36
Apply money in sinking fund to redemption of debt.................................
39
Repay a loan..............................................................................................................
50
Provide revenue to pay loan of 1798 and interest.........................................
52
Repay loan...................................
53
Provide for interest and principal of debt..................................................... 56, 73,
74, 75,81,84,88, 92,148,154,155, i5 6 ,158,' 160,’ 163
INDEX.
763
F aith op* the U nited States — Continued.
Page.
Pledged to— Continued.
Pay interest and debt continues.........................................................................
60
Pay interest and principal of stock....................................................................
62
Reimbursement of Treasury notes.....................................................................
118
Pay interest and redeem stock................................................................... " . . .
128
144
Redeem Treasury notes.................
The payment of obligations in coin, except...................................................
201
Early redemption in coin of United States notes.........................................
202
Coin payments..........................................................................................................
218
Establish Bank of United States only.......................................................... 275, 308
Pay in coin all obligations................. .............................................................. 6132, 661
Redemption of United States notes in coin....................................................
661
F ifty -Cent P iece . (See Coin.)
“ F inal S ettlements ” Certificates . (See Certificates.)
F in a n c e :
Secretary of the Treasury to perform services relative to...................................
5
Provision for debts of the States................................................................................. 11,15
Secretary of the Treasury to report to Congress on...............................................
57
Currency not to be expanded or contracted..............................- ....................... 374,401
(See also Loans; Public debts; Monetary Conference; National Monetary
Commission.)
F inancial A g en ts :
National Banks may be employed as........................................................................
181
Duties as, of designated national banks...................................................................
222
National banks designated............................................................................................
259
F inancial A gents of the G over nm ent :
National banks as................................................................................................ 387, 452, 457
National banks—
May be designated...................................................................................................
353
To give security........................................................................................................
353
F oreign Co in . (See Coin.)
F oreign Countries :
Coinage for, authorized...................................................................................................
572
F oreign D ebt . (See Public debt; Loans.)
F oreign E xc h an g e :
Certain contracts for purchase, etc., unlawful........................................................
182
F oreign I ntercourse . (See Intercourse.)
F oreign L o a n . (See Loans):
$ 100 ,000,000 may be negotiated..................................................................................
163
F oreign O fficers :
Debt to, to be discharged..............................................................................................
25
F o r g e r y . (See Penalty.)
F r a c t i o n a l C u r r e n c y . (See Currency.)
F r a c t i o n a l N o t e s . (See Currency.)
F r o n t ie r :
Loan for protection o f..............................................................................................
24
F u n d in g :
Of foreign and domestic d eb t................................................................................
Public moneys.)
7,15
Loan to bu ild...........................................................................................................
A w a r d . (See Alabama claims.)
33
F u n d s . (See
G alleys:
G
eneva
G old :
In Treasury not—
Needed for interest may be disposed o f.......................................................
181
Necessary for interest maybe disposed o f...................................................
220
A tender in payment of debts by the Government............................................
630
A legal tender...........................................................................................................
631
Manufacturers of, stamping “ United States assay,” etc., on forfeiture
of..................................... ............................................................................... 621,622
(See also Bullion; Com.)
G old
and
S il v e r :
International conference as to ratio between.................. 57^ 586, 597 602 603 604
Call for conference........................................................................ . ’ 603
Commissioners........................................................................ 580, 586, 597, 602, 603, 604
To make report..................................................................................................
580
Compensation, etc......................................................................... 580,597, 603,604
INDEX.
764
a n d S i l v e r —Continued.
Page.
Parity and ratio...................................................................... 252, 590, 597, 602, 603, 610
Policy of United States to be for...........................................................................
600
Ratio to be maintained........................................................................................ 600, 610
Special commissioner...............................................................................................
603
614
International bimetallism unhindered................................................................
(See also Coin.)
G o l d B u l l i o n . (See Bullion.)
G o l d C e r t i f i c a t e s . (See Certificates.)
G o l d C o i n s . (See Coin.)
G o l d D o l l a r . (See Coin.)
G
old
G old D
ust:
Adulterating, etc., in Alaska, penalty.................................................................
H a l f D o l l a r . (See Coin.)
H
610
a w a ii:
Public debt of, to be assumed, lim it....................................................................
Silver coins—
Receivable for what..........................................................................................
Recoinage, expense..........................................................................................
Exchange for United States coins..................................................................
Recoinage of mutilated....................................................................................
Legal tender...................................... ................................................................
Silver certificates, redemption...............................................................................
Liability of United States.......................................................................................
Coin transportation expenses..................................................................................
H
251
617
617
618
618
618
618
618
619
olland:
Loan in, declared within meaning of act of 1790, chapter 47..........................
I l l u s t r a t io n s
of
23
C o in s :
Permitted....................................................................................................................
620
I m p o r t a t io n s :
Invoices to be made in what currency.................................................................
4
I m posts:
Power to lay and collect (Constitution)...............................................................
To be uniform (Constitution)..................................................................................
I ndents
of
3
3
Interest:
To be received in payment of subscription to loan........................................... 9,10
To be exchanged.......................................................................................................
42
Time for presentation, exchange, discharge, etc................................................
50
Bar from settlement of, suspended............................................................ 102,106,114
To be paid...................................................................................................................
107
I n d ia n H
o s t il it ie s :
Bonds issued to pay expenses to Territories.......................................................
“ I n G od
we
T
ru st:
161
”
Upon coins.............................................................................................................. 525,536
Restored......................
624
I n g o t s . (See Bullion.)
I ntercourse:
Loan to pay expenses of international...................................................................
27
Interest on loan to promote foreign, to be paid..................................................
33
Appropriation to carry out a ct...............................................................................
34
Loan for purposes of foreign.................................................................................... 35,36
Appropriation and loan for foreign, purposes......................................................
46
$2,000,000 appropriated for......................................................................................
61
Expenditure of appropriation to be reported to Congress................................
61
I
nterest:
Appropriation to p a y .. . 1................................ 7,70,73, 74,75, 79,81, 84,106,147,220
Permanent annual appropriation for.....................................................................
218
Appropriation to pay—
On foreign loan continued...............................................................................
37
To Bank of United States................................................................................
47
A ct making appropriation for payment of, on funded debt repealed............
98
On foreign debt, provision to pay.........................................................................
8
On loan of 1790, when payable..............................................................................
10
On certain certificates not to be paid unless....................................................... 10,11
Certain certificates to draw, must be exchanged...............................................
10
Revenue pledged to pay................................................................................ ” . . 14,148
Duties pledged to pay...................................................................................... 2 i, 66,131
INDEX.
9
765
I nterest — Continued.
Page.
Duties—
On imposts, tonnage, and internal revenue appropriated to pay............ 36,37
To be continued to be collected to pay............................................................
37
And interest appropriated to pay.......................................................................
40
Appropriation of duties, etc., top a y ..........................................................................
47
On loan of 1798, appropriation of duties and revenues to pay.........................
52
Surplus duties—
Appropriated to pay................................................................................................
61
Pledged to pay..........................................................................................................
56
Duties appropriated to pay...........................................................................................
64
Indents of interest, issue of...........................................................................................
9
13
On certificates received in payment of loan to fund state debts.....................
Payable to States on loan not subscribed................................................................ 13,14
Faith of United States, pledged to pay....................
15,128,154,155,156,158,160
To avoid delay in payment of, on debt of the United States...........................
ig
25
On certain of the debt pledged to redeem what.............................. - ..................
Rate equal to, to be paid nonsubscribing creditors to loan of 1790, chap
ter 34.................................................................................................................................
29
To be paid States on balances due.........................................- .................................
31
On loan from Bank of United States, dividends appropriated to pay..........
32
On loan on account of foreign intercourse...............................................................
33
Loan to pay, and payment of loan.............................................................................
36
Priorities in payment of, to cease, unless................................................................
42
To be paid to nonsubscribers to domestic debt loan........................... - ..............
44
Creditors of unfunded or registered debt to receive stock equal to interest.
51
57
Appropriation to sinking fund to pay.......................................................................
Further sum placed in sinking fund*to pay............................................................
64
To foreign residents, how to be paid.........................................................................
69
Certificates on which, is payable abroad, may be exchanged..........................
39
Banks chargeable with, on Treasury notes........................................................ 82, 85, 93
On stock, payment of......................................................................................................
92
On Treasury notes to be paid.......................................................................................
95
On canceled certificates of stock to cease........................................................... 100,101
Payment of, shall continue, except...........................................................................
101
Payable in coin or lawful money............................................................................ 166,190
On bonds and notes of United States, payment in coin.................................. 168, 635
Payable in coin.........................................................................................................
175
On Treasury notes, certificates of indebtedness and deposit payable in
lawful money.................................................................................................................
176
On Treasury notes and certificates payable in lawful money...........................
643
Rate of, upon deposits of United States notes with depositaries.....................
170
178
Statement of accrued, to be printed on notes........................................................
May be anticipated...................................................................................................... 181,220
On bonds and notes, when payable...........................................................................
190
On gold deposits to cease, when..................................................................................
204
On matured bonds to cease, when.............................................................................
204
Amount equal to, on bonds in sinking fund, to be applied on public debt..
205
On certain bonds may be quarter yearly............. - .................................................
206
Coin from duties set apart to pay (sec. 3694, R . S .).............................................
219
On bonds in sinking fund to be applied on debt (sec. 3696, R. S .)...............
219
Three months may be allowed on bonds exchanged............................................
239
On Hawaii debt to be paid...........................................................................................
251
On called bonds to cease.......................... - - - ; ............................................................
257
On public moneys in designated depositaries.................................................... 319,326
Issue of coin certificates to pay...................................................................................
657
I nternal R e v e n u e :
Loan to be paid from.......................................................................................................
36
Appropriated to sinking fund.......................................................................................
38
Public moneys act of 1846 to include, officers........................................................
188
(See Taxation.)
I nternational Co in . (See Coin.)
I nternational M onetary Conference . (See Monetary conference./
I nvoices . (See Importations.)
I ssu e , D ivision o f :
Established, in Treasurer’s office
612
7G6
INDEX.
I sthmian Ca n a l :
Page.
L o a n .....................................................................................................................................
260
Additional loan..................................................................................................................
265
Repeal of authority for first loan.................................................................................
266
Appropriation to be reimbursed from sale of bonds.............................................
262
262
Account of all moneys received and expended required...................................
Bonds, rights, privileges, etc., of............................................................................ 261,454
L afayette M emorial Commission :
Souvenir dollars at disposal of......................................................................................
608
Land s:
Proceeds sale of western, to form a sinking fund..................................................
15
Proceeds of sales appropriated to form a sinking fund........................................
39
United States stock receivable for western..............................................................
49
66
Acts authorizing receipt of evidences of public debt for, repealed................
Certain foreign gold coins receivable in payment for...........................................
107
In what payments for, are to be received...............................................................
125
Payment for, to be in gold and silver only..............................................................
140
Sales pledged for payment of stock............................................................................
146
Stocks of United States receivable for western.................................................. 627,628
“ L awful M o n e y : ”
Defined..................................................................................................................... 371,398,667
“ L awful M on ey of the U nited States : ”
Defined.................................................................................................................... 371,398,667
L egal C u r rency :
Duties, taxes, debts, etc., to be paid in...................................................................
95
L egal T en d er :
Gold and silver coin, by States (Constitution).......................................................
3
Not to be affected.............................................................................................................
253
Treasury notes, when.......................................................................................................
380
States to make only gold and silver a tender..........................................................
473
Gold and silver a tender.................................................................................................
495
Gold and silver coins a tender......................................................................................
502
Of foreign coins..................................................................................................................
517
Treasury notes (bullion).................................................................................................
590
Money...................................................................................................................................
612
Gold and silver only a tender in payment by Government of debts..................
630
Gold and silver only........................................................................................................
631
United States notes for what.........................................................................................
659
Treasury notes for what.............................................................................................. 635, 660
( See also Coin, Currency; Treasury notes; United States notes.)
L egal -T ender N otes :
No further issue authorized...........................................................................................
189
Not to be issued.................................................................................................................
191
(See Notes; Treasury notes; United States notes.)
L imitation :
Upon amount of deposits of United States notes with depositaries........... 170,174
L oan C ertificates . (See Certificates.)
L oan Companies :
Incorporation of, in the District of Columbia.........................................................
291
Comptroller to take possession......................................................................................
291
(See also District of Columbia.)
L oan -O ffice C ertificates . (See Certificates.)
L oan O ffices :
B ooks opened for subscription for exchange of stock.........................................
104
Loans:
March, 26, 1790, necessary amount to payinterest...............................................
7
August 4, 1790, 6 per cent and 3 per cent, full amount of domestic debt___
8
August 4, 1790, $12,000,000, 15 years, for payment of foreign debt and in
terest..................................................................................................................................
8
August 4, 1790, $21,500,000, 6 per cent and 3 per cent, to pay debts of the
States................................................................................................................................. 11,15
August 12, 1790, $2,000,000, 5 per cent, to purchase debt................................
18
February 25,1791, $ 2 ,000,000 from Bank of the United States to pay certain
debts..................................................................................................................................
21
March 3,1791, $312,686.20,6 percent, formilitary purposes...............................
24
May 2, 1792, $523,000, 5 per cent, for protection of frontier..............................
24
May 8,1792, $50,000 to pay internationalintercourse expenses...........................
27
INDEX.
767
L oans —Continued.
Page.
February 28,1793, $800,000, 5 per cent, for support of Government..............
27
March 20, 1794, $1,000,000, 5 per cent, for public purposes...........................
29
June 5, 1794, $80,000 to build vessels..................................................................
33
June 9, 1794, $1,000,000 for military, naval, and other purposes...................
33
December 18,1794, $2,000,000, 5 per cent, for public purposes......................
34
March 3, 1795, $1,000,000 ior payment of interest on public d eb t.................
36
March 3, 1795,in exchange ior foreign debt.........................................................
36
March 3, 1795, 6 per cent, by commissioners of the sinking fund, to pay
public debt............................................................................................................
40
46
May 30,1796, $324,539.06, 6 per cent, for foreign intercourse purposes........
May 31, 1796, $5,000,000, 6 per cent, 1819, to pay debt to banks and foreign
d eb t................................................................................................................
40
June 1,1796, $650,000, 6 per cent, for military and naval purposes...............
40
59
July 8,1797, $800,000, 6 per cent, 5 years, for public purposes.....................”
July 16,1798, $5,000,000,15 years, for military and other purposes......... . . "
^9
July 16, 1798, $2,000,000, 6 per cent, for military and other purposes.'." ” *
*3
March 2, 1799, $2,000,000, 15 years, for military purposes..........................’ "
55
May 7, 1800, $3,500,000, 15 years, for military and general purposes___ [ ’ [
50
April 29, 1802, 5 per cent, 6 years, to pay Dutch d eb t.............................
rq
February 26, 1803, $2,000,000, 6 per cent, for foreign intercourse............. [ ]
0i
November 10, 1803, $11,250,000, 6 per cent, for purchase of Louisiana.. . *'
02
November 10,1803, $1,750,000, 6 percent, 5 years, to pay claims on France.
64
March 26,1804, $1,000,000, 6 per cent, to protect commerce and seamen___
65
February 13, 1806, $2,000,000, 6 per cent, for foreign intercourse..................
00
May 1,1810, 6 per cent, for public expenses........ ...............................................
72
March 2, 1811, $5,000,000, 6 per cent, 6 years, for public expenses..............
73
March 14, 1812, $11,000,000, 6 per cent, 12 years, for public expenses..........
75
June 30, 1812, $5,000,000, 5§ per cent, 1-year Treasury notes, for debts, sup
plies, etc.................................................................................................................
76
July 6, 1812,--------- , 6 per cent, 1824, to redeem old stocks............................
79
February 8 , 1813, $16,000,000, 12 years, to defray expenses...........................
go
February 25, 1813, $5,000,000, 5 f per cent, 1-year Treasury notes, for gen
eral expenses.........................................................................................................
81
February 25, 1813, $5,000,000, second loan, part of $16,000,000 authorized
in preceding act....................................................................................................
81
August 2, 1813, $7,500,000, 12 years, to defray expenses.................................
83
March 4, 1814, $5,000,000, 5| per cent, 1-year Treasury notes, part of sub
sequent loan..........................................................................................................
84
March 24, 1814, $25,000,000, 12 years—
To defray expenses...........................................................................................
85
Supplementary act...........................................................................................
89
86
November 15, 1814, $3,000,000, 12 years, to defray expenses.........................
December 21. 1814, $6,000,000, 6 per cent, to maintain public credit..........
89
January 9, 1815, $6,000,000, 6 per cent, to defray expenses, e tc ....................
91
February 24, 1815, $25,000,000, Treasury notes; no interest on denomina
tions less than $100; 5 f per cent on $100 or over...........................................
91
March 3, 1815, $18,450,800, 12 years, to defray expenses.................................
94
April 10, 1816, $7,000,000, 5 per cent in stock, subscription to Bank of
United States........................................................................................................
298
May 15, 1820, $3,000,000, 5 per cent, 12 years, 6 per cent at pleasure, to
defray expenses....................................................................................................
103
March 3, 1821, $5,000,000, 5 per cent, 14 years, to defray expenses..............
103
April 20, 1822, $12,000,000-$14,000,000, 5 per cent, 12 years and at pleas
ure, to fund 6 per cent and 7 per cent debt....................................................
494
May 24, 1824, $5,000,000, 4\ per cent, 12 years, for Spanish treaty awards.. 109
May 26, 1824, $5,000,000, 4£ per cent, 7 years, to fund 6 per cent stocks.. .
110
March 3, 1825, $12,000,000, 4£ per cent, 3 and 4 years, to fund 6 per cent
loan..........................................................................................................................
112
October 12, 1837, $ 10,000,000, not over 6 per cent, 1-year Treasury notes,
in payment of debts........................................................................ 118,120,120,121
February 15, 1841, $5,000,000, Treasury notes, act October 12, 1837, to
apply for exigencies........................................................................
’
127
July 21, 1841, $ 12,000,000, 6 per cent, 3 years, 20 years, or on 6 months’’
notice, for redemption of Treasury notes and exigencies
128 130 132
January 31, 1842, $5,000,000, Treasury notes, for exigencies' and redemp-' ’
tion............................. - ...........................................................................................
130
L oans —Continued.
Page.
April 15, 1842, $5,000,000, for exigencies........................................................ 131,132
July 22, 1846,--------- , 6 per cent, 10 years—
Treasury notes or stock for exigen cies............................. - .........................
134
E xtended............................................................................................................
146
January 28, 1847, $23,000,000, 6 per cent, 1 or 2 year Treasury notes, for
exigencies of Government...................................................................................
143
March 31, 1848, $16,000,000, 6 per cent, 20 years..............................................
147
September 9, 1850, $10,000,000, 5 per cent, 24 years, payment to T e x a s.. .
149
December 23, 1857, $20,000,000, 6 per cent, 1-year Treasury notes, for
exigencies........................................................................................................... 151,164
June 14, 1858, $20,000,000, 5 per cent, 15 years.................................................
153
In coupon or registered stock.........................................................................
154
Redemption o f...................................................................................................
230
June 22,1860, $21,000,000, 6 per cent, 10-20 years, for exigencies in redemp
tion of Treasury notes...........................................................................................
155
December 17, 1860, $10,000,000, 6 per cent, 1-year Treasury notes, for
exigencies................................................................................................................
156
February 8 , 1861, $25,000,000, 6 per cent, 10-20 years, for exigencies and
redemption of Treasury notes.............................................................................
158
March 2, 1861, $10,000,000, 6 per cent, 10-20 years, for exigencies and bal
ance of Treasury n otes........................................................................................
159
March 2, 1861, ------, 6 per cent, 20 years, Territorial Indian hostility
expenses..................................................................................................................
161
July 17, 1861, $250,000,000, for public service, may issue bonds at 7 per
cent, 20 years, or Treasury notes at 7 ^ per cent, 3 years; 3 ^ per cent,
1 year; on demand............................................................................................ 161,164
Time of obtaining loan extended................................................................ 174, 640
February 25, 1862, $150,000,000, demand Treasury notes............................. 165,635
February 25, 1862, $500,000,000, 6 per cent, 5-20 years—
To fund Treasury notes and floating d eb t................................................ 166, 636
Amount that may be issued increased.........................................................
180
February 25, 1862, $25,000,000, 5 per cent, 10 days, temporary loan............
167
March 1, 1862, 6 per cent, 1-year certificates of indebtedness to pay cred
itors...........................................................................................................................
169
March 17, 1862, temporary loan of February 25, 1862, limitation on amount
increased to $50,000,000.......................................................................................
170
July 1,1862,--------- , 6 per cent, 30 years, for construction of Union Pacific
Railroad..................................................................................................................
171
July 11, 1862, temporary loan of February 25, 1862, limitation on amount
increased to $100,000,000___ .•
............................................................................
174
March 3, 1863, $300,000,000-$600,000,000, 6 per cent, 10-40 years, coupon
or registered bonds, for support of the Government.......................... 175,185, 642
March 3, 1863, $400,000,000, 6 per cent, 3-year Treasury n o te s.....................
175
March 3, 1863, $150,000,000, Treasury notes for exchanges.............................
176
March 3, 1863, $150,000,000, noninterest United States notes, not less than
$1, to pay army and navy and other creditors................................................
176
March 3, 1863, $50,000,000, fractional currency.................................................
177
March 3, 1864, $200,000,000, 6 per cent, 5-40 years, coupon and registered
bonds, support of Government...................................................................... 180,185
June 30, 1864, $400,000,000, 6 per cent, 5-30-40 years, coupon and regis
tered bonds or $200,000,000 in Treasury notes, for support of Govern
ment..................................................................................................................... 183,184
Treasury notes may be issued in lieu of bonds...........................................
189
June 30, 1864, $150,000,000, 6 per cent, temporary loan..................................
186
March 3, 1865, $600,000,000, 6 per cent or 7 ^ per cent, 5-40 years, bonds
or Treasury notes; for support of Government...............................................
190
March 2, 1867, $50,00(1,000, 3 per cent, demand temporary loan to redeem
compound-interest notes......................................................................................
199
July 25, 1868,--------- , 3 per cent, demand, temporary loan to redeem com
pound-interest n otes.............................................................................................
200
July 8, 1870,--------- , 4 per cent, 5-year certificates of indebtedness, to pay
interest to Massachusetts on account of war of 1812.....................................
202
July 11, 1870, 2J per cent gold certificates.........................................................
204
July 14, 1870, $200,000,000,* 5 per cent, 10 years; $300,000,000, 4$ per cent,
15 years; $100,000,000, 4 per cent, 30 years, for refunding the deb t.........
203
in cre a s e d to $500,000,000 ...............................................................................
206
Total not to be increased.................................................................................
206
INDEX.
769
L oans—Continued.
Page.
December 17, 1873, 5 per cent, to exchange for loan of 1858..........................
231
June 23, 1874, 5 per cent, 10 years, to pay Alabama claim judgments.........
232
January 14, 1875, same as authorized July 14, 1870, to redeem United States
notes................................................................. ; ....................................................
234
March 3, 1875, 5 per cent, same as provided in act of July 14, 1870, to pay
Eads for Mississippijetty improvements.. .................................................
236
January 25, 1879, issue of 4 per cent bonds in exchange for those bearing
higher rates of interest.........................................................................................
239
July 12, 1882, exchange of 3 per cent for 3J per cent bonds; when redeem
able..........................................................................................................................
241
July 12, 1882, 3 per cent bonds to exchange for 3£ per cen t...........................
241
August 15, 1894, $6,640,000, 4 per cent certificates of indebtedness, to pay
Cherokee Indians..................................................................................................
247
June 13, 1898, $ 100,000,000, 3 per cent, 1 year, certificates of indebtedness,
to meet public expenditures..............................................................................
248
Amount increased.............................................................................................
266
June 13, 1898, $400,000,000, 3 per cent, 10-20 years, to meet war expendi
tures.............................................................................
249
March 14,1900, 3 per cent, 1 year, to restore and maintain gold reserve fu n d. 253
March 14, 1900, 2 per cent, 30 years, to be exchanged for 3 per cent, 4 per
cent, and 5 per cent bonds.................................................................................
256
June 28,1902, $130,000,000, 2 per cent, 10-30 year bonds, to defray expenses
Isthmian Canal.....................................................................................................
260
Repealed............................................................................................................
266
August 5, 1909, $200,000,000, 3 per cent, 1 year, certificates of indebtedness,
to meet public expenditures............................................................................ ’
266
August 5, 1909, $290,000,000, 3 per cent, 50 year bonds, to defray expenses
Isthmian Canal.....................................................................................................
265
Pledge for moneys borrowed (Confederation).....................................................
X
Authority to borrow money (Confederation)......................................................
1
Emit bills (Confederation).............................................................................
1
Power to borrow money (Constitution)................................................................
3
Duties pledged to pay interest..............................................................................
7
Interest, loan to pay................................................................................................
7
^
Interest of foreign, payable from excess duties and tonnage..........................
Interest on, appropriation to pay..........................................................................
7
Funding debt............................................................................................................ 7,15
Principal, payment o f.............................................................................................
8
Foreign, duties pledged to pay...............
8
Commissioner in each State to be appointed......................................................
8
Duties.................................................................................................................. 10,11
Certificates to be issued.......................................................................................... 9,10
Terms of payment............................................................................................
9
Redemption of domestic loan, on what terms.................................................. 9,10
Indents of interest to be received in payment of subscription to loan.........
9
10
Transfer of stock (loan certificates)......................................................................
Certificates, certain to draw interest must be ex ch an ged ..............................
10
Rights of nonsubscriber creditors to loan of 1790 not impaired.....................
10
Repayment of certain..............................................................................................
19
What, declared to be within act of 1790, ch. 47.................................................
23
In Holland declared within meaning of act of 1790, ch. 47.............................
23
Made from Bank of United>States to be paid off, how..................................... 27,28
Power of commissioner of sinking fund to borrow, not affected.....................
60
Preference to what subscribers...............
72
Acts authorizing loans and issue of certificates of stock therefor, repealed..
97
Secretary of the Treasury to perform duties of commissioners of loans........
115
$100,000,000, of July 17, 1861, may be negotiated abroad...............................
163
Upon pledge of gold or silver coin, restrictions, not applicable to United
States.......................................................................................................................
179
Banks in the District of Columbia may loan to the United States................
629
Payment of. (See Public debts.)
Interest on. (See Interest.)
Report to be made to Congress of. (See Congress.)
Commissioner of. (See Commissioner of loans.)
L ost B onds :
Duplicates may be issued for, when.
207
770
INDEX.
Page.
L ost T r easu b y N o tes :
102
How to be paid.........
L o u is ia n a :
Payment to France for....................................................................................................
62
Certain acts extended to.................................................................................................
65
Maceration :
Of notes, etc....................
684
M anufacturing , etc ., Corporations :
Tax on circulation, remission.......................................................................................
424
M assachusetts :
Payment for expenditures in war of 1812................................................................
202
M ed als :
May be made at mint.................................................................................................. 545,565
Charges, etc., for disposition of................................................................................ 545,565
Duplicates, Columbian Exposition.............................................................................
598
Medals, Lewis and Clark Exposition.........................................................................
621
M editerranean F u n d :
To protect commerce and seamen...............................................................................
65
M elter :
At branch mints.................................................................................................................
498
At assay offices...................................................................................................................
546
M elter an d R efin er :
Provision for................................................................................................... 483,500, 531,551
Duties............................................................................................................... 483,501,532,554
Oath of office; bond and salary................................................................................ 48 4,552
Temporary appointment.................................................................................................
484
To determine expense of test and wastage...............................................................
494
A t branches.........................................................................................................................
498
Assistants, and their duties............................................................................................
501
Account with Treasurer..................................................................................................
504
To form ingots from bullion....................................................................................... 503, 554
Liable for acts of subordinates......................................................................................
533
Salaries..................................................................................................................................
534
To determine mode of melting................................................................................. 537,557
To give receipt for bullion......................................................................................... 539,559
To form ingots for coinage................................................................................. 539,554,559
To prepare bars and deliver to superintendent.................................................. 540, 560
Annual settlement of accounts................................................................................. 542, 562
To deliver coins, clippings, etc................................................................................ 542, 562
Accompanied by a statement................................ •........................................ 542,562
Accounts to be examined by superintendent..................................................... 542,562
To be charged with all copper alloy....................................................................... 542,562
To keep record of transactions......................................................................................
554
Responsible for bullion....................................................................................................
554
Allowance for wastage......................................................................................................
562
M elting a n d R efining :
Charge for............. ........................................................................................................... 484,516
Refining.......................................................................................... 485,493,494,519, 539
Parting..........................................................
519
Silver bullion containing proportion of gold............................................................
495
Bullion and foreign coins at New York.....................................................................
515
Under direction of Director of Mint...........................................................................
516
M exican D ollar . (See Coin, foreign.)
M ilitary E stablishment :
Loan to provide additional regiment..........................................................................
24
Loan for protection of frontier.......................................................................................
24
M ining , etc .. Corporations :
Tax on circulation, remission........................................................................................
424
M inor Coin a g e . (See Coinage.)
M inor Coins . (See Coin.)
M in t :
Public moneys may be transferred to, and branches, to supply metal for
coinage.....................................................................................................................
320
Establishment o f.................................................................................................... 473,474
Artists to be engaged..................................................................................... 474,513,532
Apparatus to be procured........................................................................................
474
Officers; appointment;duties............................................................... 474,500,530,551
■ B l
INDEX.
771
Mint — Continued.
Page.
Oaths of officers and clerks.............................................. - ......................... 475,533, 551
Salaries, and bonds............................................................................... 475, 533, 534, 552
Settlement of accounts............................................................................................
475
Making reports.......................................... _
..................- ..........................................
475
Expenses of, fund from exchange of coin and bullion......................................
477
Debasing the coin, etc. (See Penalty.)
Embezzlement, etc. (See Penalty.)
To Continue, at Philadelphia............ . . ............................. 488, 488, 489, 492, 493, 494
Laws in relation to, extended to_ Louisiana, etc.............................................. 65,489
Officers held for inferiority of coins........................................................... 497,544, 564
Branches to be established.....................................................................................
498
Salaries of officers and clerks at branches........................................................ 498, 534
Oath of office and bond................................................................ 499, 533, 551,’ 552
Officers and salaries at branches........................................................ 499, 530, 534’ 552
General direction of branches to be under the Director of the Mint at Phil- ’
adelphia..................................................................................................................
499
Regulations for branches.........................................................................................
499
Returns.......................................................................................................................
499
Discriminating the coin ...........................................................................................
499
Uniformity of weight, etc........................................................................... 499,544 564
Assays and tests............................................................................................. 499, 544’ 564
Branches, laws extended to....................................................................................
499
Assistants and clerks—
Appointment o f............................................................................................. 501,530
Duties o f.............................................................................................................
501
Oath, bond, salary........................................................................................ 502, 552
Vacancies, temporary, how filled..........................................................................
501
Employment of workmen and servants...................... . ...................- .................
502
Deposit of public money or bullion in, to pay depositors of bu llion ............
506
543,563, 582
Transportation of copper coins at expense o f......................................................
507
Acts, former repealed..............................................................................................
508
Refining to be reduced and excluded..................................................................
514
516
Accounts between assay office, assistanttreasurer and......................................
And branches shall continue to refund bullion, and not to contract to
exchange.................................................................................................................
527
Established as a bureau of Treasury................................................................. 530, 550
Embracing what............................................................................................ 530, 550
Chief officer o f................. ............................................................................. 530, 550
(See Director of the Mint.)
Appointing acting officers in .............................................................................. 533, 552
Principal responsible for acting officer............................................................. 533, 552
Officers liable for acts of subordinates.............................................................. 533,552
Workmen, wages o f................. ................................................................................
534
Moneys from charges, deductions, etc.—
Disposition o f................................................................................................. 545, 585
Not to pay salaries, etc....................................... - ...................................... 545, 585
Superintendent. (Sec also Superintendent of Mint; and under name of
place, this title.)
Officers. (See also particular titles.)
Expenditures to be paid from appropriations................................................. 545, 565
Officers and employees of mints to continue; bonds, etc................................
549
Director at Philadelphia to be superintendent..................................................
549
Duties of treasurers to devolve upon superintendents....................................
549
Treasurers to act only as assistant treasurers of the United States.................
549
Names of the different mints............ ................................................................. 549,551
Unexpended appropriations of certain transferred............................................
549
Clerks, Secretary of the Treasury to appoint......................................................
554
Acts establishing, list o f..........................................................................................
554
Oaths of—
Employees..........................................................................................................
551
Officers and clerks to be transmitted to Secretary of the Treasury........
551
Appointment of acting officers to be reported for approval.............................
552
Chief clerk, provision for.........................................................................................
553
Appointments in, and approval of........................................................................
553
772
INDEX.
Mint — Continued.
Page.
Refining and parting—
To be carried on at................................................................................ 577, 578, 607
Expenses; payment............................................................... 577,578, 583, 585, 607
Money from charges and by-products...........................................................
607
Payment of depositors in coin certificates.........................................................
583
To make duplicate Columbian Exposition medals............................................
598
616
May exchange gold bars for coin ................................ . .........................................
(See also Chief coiner; Coiner; Director of the Mint; Melter and refiner;
Treasurer of mint, etc.)
California, branch established............................................................................ 500, 511
Carson City, Nev.—
Branch established........................................................................................ 500,520
Officers, clerks, e tc ............................................................................................
520
Salaries, etc..................................................................................................... 521,534
Under control of Director of M int..................................................................
521
Charges for parting, assaying, etc..................................................................
521
Preserving weight, etc......................................................................................
521
Returns................... ............................................................................................
521
Depository of public moneys.............................................................. 211,521, 568
Superintendent, duties o f............................................................................ 521,569
How to pay for dust and bullion....................................................................
521
Laws respecting mint and officers applicable.............................................
521
Appropriation for...............................................................................................
522
If not operated as a m int.........................................................................
607
Charlotte, N. C.—
Branch established............................................................................................
498
Appropriation.....................................................................................................
498
Officers, salaries, etc. (See Mint, branches; Mint, assistants.)
Dahlonega, Ga.—
Branch established............................................................................................
498
498
Appropriation................................................ -...................................................
Officers, salaries, etc. (See Mint, branches; Mint, assistants.)
Denver, Colo.—
Branch established............................................................................................
500
Coinage at............................................................................................................
500
Established for coinage of gold.....................................
519
Officers, clerks, etc.; salaries, oaths, bonds............................. 519,566,601,602
Under control of Director of Mint..................................................................
519
Regulations.................................................. .'....................................................
519
519
Charges for assaying, coining, e tc..................................................................
Uniformity in coining.......................................................................................
519
Depository of public moneys....................................................... 170,211,519,568
Superintendent, duties o f............................................................................ 170,519
IIow to pay for dust and bullion....................................................................
520
Laws respecting mint and officers applicable.................................. 520,601,602
To be carried on as assay office on ly .............................................................
520
Business as an assay office........................................................... 546,566, 601, 602
To coin gold and silver................................................................................. 601, 602
Assay office to continue until mint established...................................... 601, 602
M a n ila Established.........................................................................................................
500
New Orleans, La.—
To be depository of public moneys........................................................... 122,136
Treasurer of, at New Orleans, to have custody, etc., of public m oneys..
122
Branch established............................................................................................
498
Appropriation................................................................................................. ”
498
Reopening after war................................................................................................ 499
Officers, salaries, etc. (see also Mint, branches; Mint, assistants)........
549
Office of treasurer vacated...............................................................................
549
Superintendent to act as treasurer............................................................. 549 551
Philadelphia. (See also Mint.)
To be depository of public moneys........................................................... 122 136
Treasurer of, at Philadelphia, to have custody, etc., of pubiic moneys. ’ 122
Salary of officers............................................................................................ 534 549
Minor coinage at..................................................................................................... ’ 538
Transfer to, of bullion from New York assay office___ 11III11111111 545,565
Expense thereof and accounts...............................................11111 ]! 545,565
IN D E X .
7 7 3
Mint—Continued.
Page.
Philadelphia— Continued.
549
Office of treasurer vacated...... ........................................................................
Superintendent to perform duties of treasurer....................................... 549, 551
San Francisco—
Branch established...........................................................................................
500
Cost lim ited........................................................................................................
529
Salary of officers............................................................................................ 534,549
Office of treasurer vacated..............................................................................
549
Superintendent to act as treasurer............................................................ 549, 554
Mississippi J etty I mprovements :
Bonds may be issued to Eads in payment...........................................................
236
Mississippi Stock :
Lost, how to be renewed.........................................................................................
102
M onetary Commission . (See National Monetary Commission.)
Monetary Conference :
International, ratio between gold and silver.................... 579, 586, 597, 602, 603, 604
Commissioners................................................................ 580, 586, 597, 602, 603’ 604
Compensation, report................................................................... 580,597, 603’ 604
Call for conference............................................................................................ ’ @3
9
Special commissioner.......................................................................................
603
Monetary System . (See National Monetary Commission.)
Mo n e y:
Authority to borrow (Confederation)....................................................................
1
Emit bills (Confederation)..............................................................................
United States not to coin, unless (Confederation)...........................................
1
Nor regulate value thereof (Confederation).................................................
1
Nor emit bills (Confederation)......................................................................
1
1
Nor borrow money (Confederation)..........................................
Value not to be regulated by United States, unless (Confederation)............
1
Pledge for moneys borrowed, debts, and bills (Confederation)......................
1
Power to coin (Constitution)..................................................................................
3
Regulate value thereof (Constitution).........................................................
3
Of foreign coin (Constitution)................................................................
3
Power to borrow (Constitution).............................................................................
3
States not to coin (Constitution)............................................................................
3
Nor emit bills of credit (Constitution).........................................................
3
Nor make anything but gold and silver coin a tender (Constitution)..
3
Counterfeiting, punishment to be provided (Constitution)..............................
3
3
Laws, provision for (Constitution)........................... -...........................................
’ Treasurer to keep and disburse the moneys of the United States..................
5
6
Accounts of receipts and expenditures to be kept by register.......................
Power to coin, and regulate value o f....................................................................
473
To be expressed in dollars, e tc ................................................
479
Charges, deductions, etc., in mints and assay offices, disposition o f..............
545
Use of bim etallic......................................................................................................
579
Ratio between gold and silver, conference.........................................................
579
610
All forms to be maintained at a parity................................................................
Note, check, etc., for less than $1prohibited......................................................
659
Borrowing. (See Loans.)
M oney A ccount:
Decimal system established...................................................................................
567
M ortgage Companies :
Incorporation of, in the District ofColumbia......................................................
291
Comptroller to take possession...............................................................................
291
(See District of Columbia.)
M utilated N otes :
May be replaced.......................................................................................................
170
Destruction o f............................................................................................................
170
Replacing and destroying.................. ....................................................................
638
Issue of new notes instead; destruction...............................................................
238
N ational :
Defined...........................................................................................................
416
N ational B ank A ct :
Defined.................
334
N ational B anking A ssociations :
Defined.......................................................................................................................
389
774
INDEX.
N ational B ank s ( s e e a l s o Bank of the United States):
Page.
Act. ( S e e National Bank Act, this title.)
Act of February 25, 1863, repealed, except...........................................................
360
Additional or emergency circulation ( s e e a l s o Circulation, this title).............
458
Administrators, etc., may act in choosing shareholders’ agent.......................
427
Agent—
To ascertain facts of failure to redeem notes............................................... 354,411
To report to comptroller..................................................................................... 354,411
Of shareholders. ( S e e Shareholders, this title.)
Amount of money to be kept on hand. ( S e e Reserve, this title.)
Articles of association. ( S e e Organization, this title.)
Assignments. ( S e e Insolvency, this title.)
389
‘ ‘ Associations, ’ ’ applicable to what............................................*...............................
Attachment. ( S e e Suits, this title.)
Bad debts. ( S e e Business, this title.)
“ Bank ” defined................................................................................................................
378
“ Banker” defined............................................................................................................
378
Bonds of the United States. ( S e e Circulation, this title.)
Branch. ( S e e Organization; Conversion, this title.)
Bureau of Engraving and Printing established.....................................................
428
Business—
To commence, when................................................................................... 333,382,392
Power to carry on what....................................................................................... 333, 382
Where to be transacted...................................................................... 333,381, 399,437
How to be conducted.......................................................................................... 333,382
Certificate of comptroller before commencing.................................. 339,382,392
Comptroller may withhold his certificate to do......................................... 336,392
Certificate to be published....................................................................... 338,393
To deposit bonds before commencing........................................................... 337,389
May purchase, hold, and convey certain real estate................................ 343,383
Such real estate not to be held more than five years.............................. 344, 383
Loans—
Limitation on................................................................................ 344,403,455,668
Certain discounts not included....................................................... 344,403,455
Limitation on rate of interest................................................................... 344, 402
Exception............................................................................................... 345,402
Penalty for taking greater................................................................. 344,402
Action to recover......................................................................................
344
Not to make, or discounts on own stock............................................... 347,403
402
Computing interest..........................................................................................
Usurious interest.......................................................................................... 344,402
Gold certificates not receivable as security for.................................. 434,587
Not on United States or national bank notes............................. 366,405, 670
Amount of money to be kept on hand. ( S e e Reserve, this title.)
Reports and statements..........................................................................................
347
Indebtedness not to exceed capital stock, except.................................... 348,403
Not to hypothecate its notes............................................................................. 348,403
“ Bad debts,’ ’ what............................................................................................. 348,404
Real estate subject to state taxation..................................................................
351
Not to do business, except when............................................................ 353,411,671
Not to withhold from use, etc., United States or national bank
notes...... ....................................................................................................... 366,405,670
Not to certify check, unless.............................................................................. 368,405
Clearing-house balances, what in settlement...... ............................... 3 7 4 , 434, 668
Manner of transferring property...............................
382
To receive national currency bills as receiver or designated depository.
387
United States bonds to be deposited before commencing....................... 3 3 7 , 389
Not to purchase own stock, except................................................................ 3 4 7 ,403
If purchased, must be sold....................................................................... 348, 403
Not to pay out uncurrent notes...........................................................................
405
Any certified check to be valid...........................................................................
405
All transfers and assignments after an act of insolvency, void................
416
Financial agent of the Government.............................................. 3 5 3 , 3 8 7 , 4 5 2 ,457
Depositories of public moneys. ( S e e Designated depositaries.)
Payment of interest on special deposits of public moneys.................... 263,468
Gold-note banks to receive other notes.............................................................
667
INDEX.
775
N ational B an k s — Continued.
Page.
By-laws—
What to provide.................................................................................................... 333,382
To provide for transfer of stock....................................................................... 335, 382
Cspit^l stock__
Amount to be not less than what.......................................... 333,381, 383,437,446
Increase of...................................................................................................... 336,384,437
Maximum and minimum.................................................................................... 336,384
Increase to be paid in.......................................................................................... 336,384
Reduction of......................................................................................... 336, 349,385,404
How to be paid in and proved........................................................................ 336, 333
Failure to pay installments; sale..................................................................... 3 3 7 , 384
Must be increased if reduced by cancellation of delinquent’s stock.. 3 3 7 , 384
Manner of transferring............................................................................... 333, 382* 383
Shares, amount of........................................................................................ 335, 381,’ 383
Deemed personal property, transferable........................................................ 335 333
Transfer of, not to impair creditors’ rights...................................................... ’ 335
Not to purchase or loan on own, unless........................................................ 347 403
If purchased, must be sold or receiver appointed............................ 3 4 3 ’ 403
Hypothecation or use of own notes to secure, prohibited.................................. ’343
Not to be withdrawn, in dividends or otherwise...................................... 343 494
Return of, to be made to treasurer................................................................. 3 5 9 ’ 493
Penalty for failure....................................................................................... 3 5 0 ’ 408
How assessed when return not made.................................................... 3 5 0 ’ 408
Shares not exempt from state taxation......................................................... 3 5 0 ’ 409
Limitation...................................................................................................... 350,’ 409
Shares of converted bank, amount................................................................. 352, 388
Converted state banks not to have a less..................................................... 3 5 2 ’ 388
Assignment of, between mother bank and branches...........................
333
What considered capital............................................................................ 363, 378
Deficiency or impairment to be made up by assessment........................ 3 7 5 ,4 0 4
Interest on security to be withheld...................................................... 375,404
Not made good, receiver to be appointed........................................... 375,404
Sale of stock.................................................................................................. 404, 427
Sale of, of shareholder not assenting to extension of corporate existence.
431
Cashier. ( S e e Officers, this title.)
Certificate of destruction of notes...............................................................................
666
Certificates. ( S e e Organization, this title.)
Associations to give, on examination of bonds deposited with treasurer.
342
<
Of deposit, authority to issue, repealed.............................................................
255
Certifying checks. ( S e e Business, this title.)
Checks, certified. ( S e e a l s o Business, this title.)
Good and valid obligation.....................................................................................
368
Circulation—
Additional, may be issued ($54,000,000)..................................................... 369,420
Additional or emergency (act 1908)—
National currency associations, how formed, e t c ............................. 458,459
Powers..................................................................................................... 459,460
Members.....................................................................................................
459
459
Management, officers.............................................................................
Security for........................................................................................................
460
To be deposited with association........................................................
460
Application for..................................................................................................
460
Secretary may direct issue of.......................................................................
460
Amount on deposit of state, etc., bonds..................................................
460
Limit as to commercial paper......................................................................
461
“ Commercial paper ” defined......................................................................
461
Liability of association for redemption.....................................................
461
Lien created.......................................................................................................
461
Liability between members..........................................................................
461
Additional security or exchange thereof..................................................
461
Sale of securities on failure...................................................................
461
Deposit of proceeds.................................................................................
461
461
Suit if sum insufficient to redeem notes..........................................
Withdrawal and substitution of securities......................................
461
Action if members fail to maintain redemption fund.................
461
Use of funds of other members............................................................
462
15712°— 10------51
776
INDEX.
N ational B an k s — Continued.
Page.
Circulation— Continued.
Additional or emergency— Continued.
Additional security or exchange thereof, association to sell secu
rities of defaulting b a n k ....................................................................
462
462
Deposit of proceeds for redemption of notes..................................
To banks on bonds other than United States bonds...................
462
Application to Comptroller...................................................................
462
Approval by Secretary of the Treasury............................................
462
Issue on deposit of bonds with Treasurer.........................................
462
A m ount..............................................................................................
462
Security, what bonds acceptable.......................................................
463
Conditions as to city, etc., bonds..............................................
463
463
Discretion of Treasurer..................................................................
Transfer of title in trust.................................................................
463
Receipt from Treasurer................................................................
463
Assignments, custody, e t c ...........................................................
463
Sections Revised Statutes applicable.......................................
463
Status of.......................................................................................................
464
Limitation of issue of notes by banks...............................................
464
Maximum of additional notes..................................................................
464•
Redemption of fund, special................................................................
464
Proportional assignment of additional circulation to States . . .
464
Emergency assignments........................................................................
464
Information, etc., as to acceptable security...................................
465
Tax on circulation....................................................................................
465
Monthly returns of circulation on other than United States
b o n d s......................................................................................................
465
Use of taxes on notes secured by other than United States
b on d s......................................................................................................
466
Retiring circulation.................................................................................
466
Withdrawal of notes.................................................................................
466
Deposits of lawfulm o n e y ..............................................................
466
Monthly limit....................................................................................
466
Retention of deposits toredeem notes...............................................
466
467
Additional notes to be prepared.........................................................
Amount........................................................................................................
467
Deposit for delivery subject to order.................................................
467
Present form not for additional circulation.....................................
467
Redemption in lawful money..............................................................
467
Acts and orders of comptroller and treasurer..................................
468
Termination of act...................................................................................
469
Apportionment to associations according to population, capital, e t c . . . 328,
361,364,369,371,384,395,648,664
Assessment for cost of transportation and redemption.................................
432
Associations not to pay out certain notes............................................ 349,405,670
Authorized to obtain, issue, and circulate notes...........................................
333
Bureau of Engraving and Printing established..............................................
428
Cancellation of, on payment at Treasury..................................................... 413,672
Charter numbers on............................................................................................. 419, 682
Comptroller to notify holders of notes to present them for payment,
when............................................................
354,411
Cancel bonds on payment of notes......................................................... 354,411
Counterfeiting, etc. U See Penalty.)
Default in payment of notes, not to do business...........................................
411
Delivery of, to associations.................... 340,364,369,393,433,446,467,647, 662
Denominations, and proportion..........................................................................
328,
340, 341,361,364, 370,393,394,397,446,447,457,467, 647, 662,663, 666
Designated depositaries shall receive national currency bills at p a r.. .
353
Destruction of plates, etc., of closed banks................................................. 3 7 6 ,394
Of redeemed, etc., notes by burning................................... 3 9 7 , 4 1 0 ,431, 666
Certificate of burning.......................................................................... 3 9 7 , 410, 666
By maceration....................................................................................................
684
Devices.......................... .......................................................................... 341,394,431,663
Dies, etc., to be examined by comptroller.................................................. 3 7 6 ,394
Disposition of notes of banks failing to withdraw circulation.............. 421,422
Evidence of payment of notes redeemed............................................. 3 5 4 ,412,672
IN D E X .
7 7 7
N ational B a n k s — Continued.
Page.
Circulation—Continued.
Each association to take notes of others..................... 346,370,371,398,401, 669
Gold note banks................................................................................... 401, 667,669
Entitled to receive.................................................... 340,421,431,433,446, 647, 662
Equitable distribution, how to be secured----- 371,395,420,422, 664, 682, 684
Withdrawals for this purpose......................... 371, 395,420, 421, 422, 664, 682
Statement of circulation and amount to be retired................. 371,396, 664
Process of redistribution.......................................... 371, 396, 422, 664, 683, 684
Failure of banks to consent to withdrawal......... 372,396,421,422, 664, 683
Not to be withdrawn until...................................................... 372,396,420,422
Effect of removal of association from State................................ 372,396, 665
Expenses of examination and destruction of dies, etc................................
394
Preparing, etc...................................................................... 349,394,419,431, 663
Expired bank, when permitted...................................................................... 228, 679
To express what on face........................................................... 340,394,433,467* 663
Fees of notary for protesting notes......................................................... 354, 4 1 1 ’ 674
Fees for protesting notes, etc., how paid............................................. 357,414* 674
Form................................................................................................................. 394,467*663
Gold note banks subject to national currency act, except............. 370, 423, 667
Conversion to national banks.......................................................................
429
Gold banks receiving notes of other banks........................................ 401,667,669
Limitation..........................................................................................................
667
Hypothecation of own notes, prohibited..................................................... 348,403
Increase of, when.....................................................................................................
433
Interest-bearing notes not legal tender for......................................................
185
Issued under act of 1863........................................................................................
360
Issuing authorized........................................
667
Issue to equal par value of bonds deposited...................................................
446
Less than $1 prohibited.....................................- ..................................................
641
Lien upon assets in case deficiency of security......................................... 355,412
Limitation on whole amount................. 328,340,369,371,395,398,422, 663, 664
Amount to each association.................................................................... 329, 340,
361,364,369, 370, 371, 395, 398,422,423,
432,433,446,447, 647, 662, 664, 667
Withdrawals of............... .................................................................... 421,433, 684
Liquidating banks to deposit lawful money for outstanding............... 3 7 3 ,410
Certain banks exempt................................................................................ 373,410
Loan of, to United States......................................................................................
185
,
Making and issuing................................................................................................
687
Mutilated and worn-out, replacing........................................................ 341,397, 666
Destruction, how and by whom..................................................... 341,397, 666
Certificate of, furnished banks........................................................ 341,397, 666
Mutilated on redemption..............................................................................
410
Charged to redemption account..................................................................
410
New, to issue to banks extending existence...................................................
431
Banks to reimburse for plates......................................................................
431
In place of $55,000,000 withdrawn........................................................ 421, 684
Payable in gold, may be issued............................................. 370,397,423, 6 6 6 , 667
Penalty for unlawfully countersigning and delivering................... 343,398, 667
Penalty. ( S e e Penalty.)
Plates and dies to be engraved....................................................... 340,393,467, 663
To be kept by comptroller............................................................... 349,394,663
Post notes, etc., not to be issued............................................................ 341,397, 666
Printing on hand-roller presses............................................................................
703
Receivable for what................... - ......................................... ............ 341,397, 398, 666
Receivable for debts of the United States, except.......................................
380
By designated depositaries, when..............................................................
387
Redemption, money deposited for, in certain cities----- 345,346,400,667, 668
Leavenworth struck from list of, cities.....................................................
361
Agencies in New York....................................................................... 346,401,669
Provision, not applicable to gold note banks in San Francisco___ 376, 669
At par.............................................................................................
346,401,669
Comptroller to give public notice of agencies........................... 3 4 6 ,401,669
Proceedings on failure to select agent.......................................... 346,401, 669
By association of its own notes............... ....................................... 3 4 6 ,401,669
On bank going into liquidation.............................................. 351, 410,432, 683
Notes to be mutilated, etc........................................................................ 352,410
778
INDEX.
N ational B an k s — Continued.
Page.
Circulation— Continued.
Redemption, on failure to redeem, notes may be protested........ 353,410, 670
Notice of protest to be sent comptroller.............................. 353,410, 670
Not to be protested in certain cases..................................... 354,410,671
Comptroller to ascertain facts................................................. 354,410, 671
Disposition of notes and evidence of payment.......................... 354,412,672
Notes to be canceled on................................................................... 354,413,672
Security may be sold on failure to redeem notes............... 355,412,420, 672
Association denying failure may apply to courts..................... 356,414,673
Converted state bank and branches..................................................... 363,388
In g o l d . . . ..................................................................................................... 370,397
San Francisco bank notes in New York...................................................
371
Treasury notes not a legal tender in redemption of bank notes___
380
On failure to redeem, receiver may be appointed......... 346,401,669,673
Security to be forfeited...................................................................... 411, 671
Not to do business, except............................................................... 411, 671
Five per cent fund to be deposited with treasurer............................418,681
May be counted as lawful reserve.................................................. 418,681
B y treasurer, provisions..................................................................... 418, 591, 681
Of mutilated, etc., notes............................................................................418, 681
Cost of, treasury to be reimbursed................................................. 419,432,681
Agencies in cities abolished..........................................................................
419
Of notes of banks extending existence.....................................................
431
Deposit of lawful money for.................................................................
431
Gam from failure to present notes for...............................................
431
Charleston and Richmond may be redemption cities, if....................
346
Balances with treasurer for, to be covered into treasury............... 440,591
Not to apply to 5 per cent fund...................................................... 440,591
Treasurer to redeem certain notes from general cash.............. 440, 591
Reimbursement to the treasurer from national-bank notes;
redemption account........................................................................ 440,591
Report of balance of deposits........................................................... 441,591
Of lost or stolen notes......................................................................................
441
Action on failure of members of national currency association to
maintain, fund.......................................................................................
461
To be in lawful money...................................................................................
467
In United States notes....................................................................................
681
672
Payment of notes and cancellation of security......................................
Paramount lien for, not secured..................................................................
672
Monthly notice to bank of.............................................................................
681
Deposit with treasurer for..............................................................................
681
Notes to be forwarded to banks...................................................................
681
Mutilated, etc., to be destroyed...........................................................
681
Reimbursement to treasurer..................................................................
681
Where.............................................................................................................
682
Destruction of notes upon withdrawal................................................
682
On withdrawal of, to effect equitable distribution..............................
683
Replacing destroyed..................................................................................... 397,666
Report of, by Comptroller to Secretary......................................................
653
Reserve. ( S e e Reserve, this title.)
Retiring, circulation and withdrawing bonds................... 419,420,421,422,432
Return of, to be made to Treasurer................................................................ 350,408
Penalty for failure................................................................................. 350,408
How assessed when no returns made..................................................... 350,408
Seal on................................................................... ................................. 340,394,467,663
Security for, bonds, amount, etc.................................................... 337,389,419,432
Increasing and diminishing.............................................................. 338,389,432
Transfer to Treasurer, etc.................................................................... 3 3 9 ,389
Assignment or transfer to be countersigned by Comptroller......... 3 3 9 , 390
Comptroller to keep transfer book and notify banks....................... 3 3 9 , 390
To have access to Treasurer’s transfer books.............................. 3 4 0 ’ 390
Treasurer to have access to Comptroller’s transfer books............... 34o| 390
Comptroller to have access to bonds...................................................... 3 4 0 ’ 390
Associations to examine bonds annually, time, etc., and certify
accordingly.......................... *........................................................... 342,390,391
To be held exclusively to secure...................................................... 3 42 ,391
■
N ational B ank s — Continued.
Page.
Circulation— Continued.
Security for, provision as to interest on....................................................... 342,391
Comptroller may permit an exchange.................................................. 342, 391
Require additional security.................................................... 342, 391,447
May be returned to association upon cancellation of notes...............
342,
391,420, 432, 682
Proviso.................. ......................................................................... 343,391,682
Taking up on liquidation.......................................................................... 351,410
When to declare securities forfeited...................................................... 354,411
To be canceled on payment of notes............................................ 354,411,412
Lien in case of deficiency......................................................................... 355, 412
May be sold on failure to redeem notes....................................... 355,412,420
What bonds to secure additional circulation..........................................
369
Surrender of, upon deposit of lawful money by liquidating banks.. 373
432,682
6 g3
B y banks withdrawing notes...............................................................
May be sold of liquidating bank fails to deposit money. . . . 373,410, 683
Certain banks exempt........................................................................ 3 7 3 ’ 410
Exchange of coupon bonds for registered................................................
’ 389
Depreciation, additional security.................................................. 343, 391,447
Transfer and retransfer of......................................................... 390,410,412,432
Retiring circulation and withdrawing bonds.........................................
419
420,422, 432, 458,466, 682
Limit of deposit for.......................... ......................... 419,433,458,466, 682
To be sold on failure to return circulation.................................. 420,422, 664
Called for redemption, consequence..................................................... 433,458
Substitution of 2 per cent bonds................................................................
447
Signature on.......................................................................................... 340,394,467, 663
Stamping fraudulent notes....................................................................................
427
Officers liable for wrongfully........................................................................
427
State banks to secure, how...............................- ..................................................
328
On failure of state banks to redeem, how paid...............................................
329
Cancellation, etc., of bonds held as security..........................................
329
Surplus to be paid bank...............................................................................
329
Tax or duty on. ( S e e Taxation, this title.)
Use of own, to create or increase capital prohibited................................ 348,403
When may be circulated as money....................................................... 341,397, 665
Withdrawal of, and deposit of lawful money therefor.................................. 432,
433,447,458,466, 682
'
Limit to such deposit................................................................ 432,458,466, 682
Destruction of notes........................................................................................
682
When bonds called for redemption................................................................ 433,458
Limitation..........................................................................................................
684
Clearing houses—
Certificates lawful money within national bank act....................................
400
As part of bank reserve..................................................................... 345,400,668
Of deposit received in settlement of balances................................... 374,669
Not receiving gold or silver certificates in settlement of balances. . . 434, 587
Limitation on issue of, certificates......................................................................
669
Member of...................................................................................................................
587
“ Commercial paper” defined.......................................................................................
461
Consolidation—
Winding up for purposes of...................................................................................
373
Assets and liabilities of such banks to be reported................................... 373,410
Conversion of gold banks................................................................................................
429
Conversion of state banks—
Into national banks............... ............................................................ 328, 352,387,388
How certificate, etc., to be signed, etc......................................................... 328,387
Duties, privileges, etc................................................................................ 328,352,387
Converted bank may continue to hold stock in other banks................ 352, 388
Capital...................................... - ............................................................................. 352,388
Preference in becoming national.........................................................................
362
May retain branches............................................................................................ 363,388
Assignment of capital between mother bank and branches.................. 363,388
Redemption at each.................................................................................... 363,388
Capital, what deemed.............................................................................. ■____ 363,378
780
INDEX.
N ational B a n k s — Continued.
Page.
Corporate existence..........................................................................................................
333
Powers. ( S e e Organization, this title.)
Corporation, Association becomes a, when ( s e e Organization, this title)___
333
Creditors—
Impairment of rights, remedies, or security....................................................
383
Crimes. ( S e e Penalty.)
Debts, change of name not to release.........................................................................
437
Depositories. ( S e e Designated depositaries.)
Deposits, tax on............................................................................................................. 350,407
Return of, to be made to Treasurer................................................................ 350,408
Method of assessment, when return not made.............................................
408
Designated depositaries of public moneys......................... 259, 260,353, 387,451,457
To give security........................................................................... 260,353,387,452,457
To receive national currency bills at par............................................. 260,353,458
Payment of interest on deposits; rate........................................................... 263,468
Difference between acts of February 25,1863, and June 3,1864 ......................
361
Dies. ( S e e Circulation.)
Directors—
Election or appointment of....................................................................... 333,382,385
Power of board of.................................................................................................. 333,382
Five directors to manage affairs....................................................................... 334,385
Qualifications of............................................................................................ 334,385,454
Oath of, and where to be filed......................................................................... 334,385
Term of office......................................................................................................... 334,385
Elections.................................................................................................................. 334,385
Vacancies in the board, how filled................................................................. 334,386
Failure to elect on proper d ay. ....................................................................... 334,386
Board of, may fix day of elections, when.................................................... 335,386
When shareholders may fix day of election....................................................
386
Power of, to convert a state bank........................................................................
352
Of converted bank, term........................................................................................
352
Penalty upon, for violation of act................................................................... 357,414
Liable in personal and individual capacity................................................ 357,414
How violations to be determined.................................................................... 357,414
To make by-laws.......................................................................................................
382
President of the board, election o f......................................................................
386
To sell stock of delinquent shareholders...................................................... 404,427
Qualifications of, in Oklahoma.............................................................................
440
Dissolution ( s e e a l s o Liquidation, this title)—
By act of shareholders................................................................................. 333,382,430
B y violation of act................................................................................................ 333,382
Failure to elect directors not to cause........................................................... 334,386
Reduction of capital may cause appointment of receiver...................... 337,384
Receiver may be appointed on refusal to pay notes............... 355,401,413,673
Duties and bond of...................................................................... 355,413,425,673
To report to comptroller.................................................................... 356,413,673
On failure to make good deficiencies..................................................... 375,404
May be appointed on failure to make good reserve................. 346,400,668
To select redemption agency................................................... 346,401, 669
To redeem notes.................................................................. 346,401,669,673
To dispose of own stock purchased....................................................
403
W hen................................................................................................ 425,442,443
Duty when property of bank to be sold under execution.................
436
Injunction upon................................................................................................
673
When claims to be presented........................................................... 356,413,673
Redeeming notes and paying dividends..................................... 356,413,673
Balance to shareholders............................................................. 356,413,445, 673
Fees of receivership.........................................................................................
414
Proceedings after receiver has paid debts.......................... 426,443,444,445
Discharge of comptroller and receiver......................................... ............
’ 426
After term of existence........................................................................................... 43 2
Purchase of property at executionsale....................................................
436
Approval, etc., to be filed with Treasurer............................... ’ ” ’
437
Trust fund to be used for such purpose...................................................436
Winding up business.................................................................. ! ! ! ! ! ! * ! ! ! ! ! 443,444
INDEX.
781
N ational B an k s — Continued.
Page.
Dissolution— Continued.
Agent to wind up affairs............................................ ............................... 426,427, 444
Duties and powers. .........................................................................................
427
Transfer of property to.............................................................................. 426,444
Distribution of assets...............................................................................................
445
» Repayment of assessments....................................................................................
445
Dividends—
Not to be paid shareholders of state banks when surplus deficient... 336, 386
Semiannual............................................................................................................ 347,402
No, in case of losses............................................................................................. 348,404
No, greater than net profits.............................................................................. 348, 404
One-tenth to surplus fund..........................................
402
Payment of, by receiver........................................................................................
356
Not to be paid when reserve below requirement...................................... 345 400
By comptroller to creditors................................................................................... ’ 413
Duties. ( S e e Officers.)
Elections—
When to be held................................................................................................... 334 335
Failure to hold......... ............................................................................................ 3 3 4 ’ 333
Directors to fix day, in what case.................................................................. 335 333
Shareholders to fix day, in what case........................................................... 33 5 ’ 333
Voting and proxies............................................................................................... 33 5 ’ 335
Who not to act as proxy..................................................................................... 335 , 335
’
Embezzlement. ( S e e Penalty, this title.)
Engraving and Printing—
Bureau established..................................................................................................
428
Evidence, instruments, and papers of comptroller................................................
378
378
Seal..........................
Organization certificate...................................................................................... 332,378
Examination—
No other, except.......................................................................................... 357,358,416
In District of Columbia..........................................................................................
290
Fees, payment of......................................................................................................
414
Expenses............................ - - ...................................................................................
674
Examiners ( s e e a l s o Fees, this title)—
May be appointed— ......................................................................................... 357,415
Qualifications and duties................................................................................... 358,415
Report to comptroller......................................................................................... 358,415
Compensation and mileage............................................................................... 358,415
Exchange of coupon for registered bonds................................................................
389
Existence. ( S e e Organization, this title.)
Expense in executing laws....................................................................................... 235, 663
Fees of notary for protesting n otes............................................................... 354,411,414
For protesting notes, etc., how paid.............................................................. 357,414
Examination.......................................................................................................... 414,415
Receivership..............................................................................................................
414
Financial agents of the Government ( se e a l s o Business, this title). 353, 387, 452, 457
Franchise. ( S e e Organization, this title.)
Hawaii—
National banking laws extended to...................................................................
448
How formed. ( S e e Organization.)
Indebtedness. ( S e e Business, this title.)
Indian Territory, national banking lawsextended to ...........................................
440
Injunction. ( S e e Dissolution; Suits, this title.)
Insolvency, all transfers, assignments, etc., in contemplation of, void. 357,416,674
Interest on loans ( s e e Business, this title)—
That may be charged. ( S e e Business, this title.)
On security bonds................- ..................................................................................
391
On special deposits of public moneys...............................................................
468
“ Lawful money” construed..................................................................................... 371,398
“ Lawful money of the United States” construed............................................. 3 7 1 ( 398
Liability of holders of stocks as executors, etc.......................................................
360
Of estates as stockholders.......................................................................................
360
Not to be increased until reserve made good..................................................
345
Of persons to banks. ( S e e Business; Organization, this title.)
782
INDEX.
N ational B ank s — Continued.
Page.
Liquidation ( s e e a l s o Dissolution, this title)—How may go into; proceedings........................................................................ 351,409
Notice to be given comptroller........................................................................ 351,409
Taking up security and redeeming notes..................................................... 351,409
Deposit of lawful money for outstanding circulation............................... 373,409
Whereupon bonds may be surrendered....................................................
373
If failure to so deposit, what........................................................................
373
Certain banks exempt................................................................................ 373,410
Loans. ( S e e Business, this title.)
Management. ( S e e Directors and officers, this title.)
Mutilation of notes, etc. ( S e e Penalty, this title.)
Name, approval by comptroller............................................................................... 332,381
“ National,” use of word forbidden........................................................ 361,376,416,674
National bank act—
Carrying act into effect...........................................................................................
235
What to be known as........................................................................................... 381,418
New associations subject to...................................................................................
421
National bank currency, “ obligation of United States” ....................................
675
389
“ National banking associations,” applicable to w h a t........................................
National banking laws extended to—
Oklahoma.....................................................................................................................
439
Indian Territory........................................................................................................
440
Porto Rico...................................................................................................................
448
Hawaii........................
448
National currency associations—
How formed, etc......................................................... ; ....................................... 458,459
Corporate powers.......................................................................................................
459
Members.......................................................................................................................
459
Management................................................................................................................
459
Officers..........................................................................................................................
459
Powers...........................................................................................................................
480
National currency bills, receivable by designated depositaries, w h e n ... 387,452
Notes. ( S e e Circulation, this title.)
Offenses. ( S e e Penalty, this title.)
Officers—
President, appointment of................................................................................. 333,382
Vice-president, appointment of....................................................................... 333, 382
Cashier, appointment of..................................................................................... 333, 382
Other, appointment of......................................................................................... 333,382
Duties........................................................................................................................ 333,382
Bonds of.................................................................................................................... 333, 382
Dismissal.................................................................................................................. 333,382
Fill vacancies......................................................................................................... 333,382
334
President to be one of directors...........................................................................
Manner of appointing............-.................................................................................
382
And certain employees not to act as proxies..................................................
385
( S e e a l s o Penalty, this title.)
439
Oklahoma, national banking laws extended to......................................................
Organization, how formed.......................................................................................... 332,381
Certificate, what to specify................................................................................ 332,381
Acknowledgment of..................................................................................... 332,381
To be recorded and preserved by comptroller.................................. 332, 381
Certain copies to be evidence.................................................................. 332,378
On state bank becoming a national............................................................
352
Name, approval of comptroller........................................................................ 332,381
May be changed, conditions.........................................................................
437
Change not to affect debts, liabilities, rights, powers, etc.................
437
When to be a corporation................................................................................... 333,382
When to commence business............................................................................ 333,382
What business to carry on.................................................................................. 333, 382
Seal............................................................................................................................. 333,382
By-laws............... .............. ...................................................................................... 333,382
Comptroller to give certificate to commence business................... 338, 382, 392
May withhold certificate to do business............................................. ’ 3 3 6 , 392
Certificate to be published............................................................... 33 s ’ 393
Comptroller to determine if can commence business...................... 338,382,392
INDEX.
783
N ational B ank s — Continued.
Page.
Organization, articles of association of converted bank, execution of...........
352
Franchise, etc., to be forfeited for violations of act................................. 357,430
Violation, how to be determined........................................................................
357
Repeal of act of February 25, 1863, not to affect what...............................
360
Gold note banks.................................................................. 370, 397, 398, 423, 429, 666
Subject to currency act, except.................................................... 370,423, 429
Effect of removal on equalization of circulation...........................................
372
Articles of association......................................................................................... 381,431
Powers and liabilities.............................................................................................
3 g2
Upon change of name.....................................................................................
437
Successor— corporate existence.............................................. 333, 382,430,431 452
( S e e a l s o Dissolution, this title.)
Manner of enjoying privileges..............................................................................
3 g2
333
Articles of association, change of, not to affect creditors................. ’ ’ ’ ’ ’
Converted state banks.................................................................................... ’ '3 3 7 333
Rights and duties of associations organized under act of 1863___ . . . . '
’ 388
New associations subject to national bank act....................................
'' ’
After term of existence, shall be wound u p ...........................................
’*
432
Deemed citizens for certain purposes....................................................... ’
4gg
Branch at Columbian Exposition.............................................................. ’ "
4 .-.
( S e e a l s o Capital.)
Branch at Louisiana Purchase Exposition......................................................
454
As member of clearing house not receiving gold certificates.....................
537
Laws governing new associations........................................................................
go4
Penalty. ( S e e Penalty.)
305
“ Place where the bank is located and not elsewhere,” defined......................
Plates. ( S e e Circulation, this title.)
Porto Rico, national banking laws extended to.....................................................
448
Post notes. ( S e e Circulation, this title.)
Powers. ( S e e Organization, this title.)
Printing notes. ( S e e Circulation, this title.)
President. ( S e e Officers, this title.)
Real estate. ( S e e Business, this title.)
Receiver. ( S e e Dissolution, this title.)
Redemption. ( S e e Circulation, this title.)
Repeal—
Section 5177, Revised Statutes..........................................................................
422
Section 5185, Revised Statutes (part).............................................................
423
Section 5171, Revised Statutes.................................. ........................................
433
•
Section 5176, Revised Statutes...........................................................................
433
Reports to comptroller quarterly................................................................................
347
Contents.................................................................................................................. 347,406
Penalty for failure to make..................................................................................
347
Comptroller to publish abstracts.........................................................................
347
Publication and proof.............................................................................................
407
Monthly statement to comptroller............................................................... ; . .
347
Return of circulation, deposits, and capital stock to treasurer............... 350,408
Penalty for failure to make...................................................................... 350,408
Of receiver to comptroller................................................................................. 356,673
Of examiners to comptroller........... ................................................................. 358,415
Associations to make not less than five annual reports to comptroller. 367,406
How verified and to exhibit, what............................................... 367,406,430
To be sent within five days after request........................................... 367,406
To be published........................................................................................... 367,407
Proof of publication.................................................................................... 367,407
Special reports...................................................................................................... 367,407
Of dividends and net earnings........................................................................ 368, 407
How verified................................................................................................ 368,407
Statement of circulation in each State, and of amount to be retired..
371
Assets and liabilities of consolidated banks to be reported................... 373,410
Monthly returns of circulation, deposits, and of capital, and of notes of
persons, state banks, etc., paid out.................................................. 3 7 9 ,4 2 4
In case of default, what.................................................................. [ * ] . ’ 3 7 9 ^424
Of converted state bank................................................................................
380
Provisions for making returns not to apply to national b a n k s 380
Statement before commencing business...........................................................
392
784
INDEX.
N ational B a n k s — Continued.
Page.
411
Reports to comptroller quarterly, of protest of notes.........................................
To comptroller by savings banks, etc...............................................................
428
Of liquidation expenses..........................................................................................
452
653
Comptroller to Secretary, of circulation...........................................................
Of failure to redeem notes.....................................................................................
671
Reserve, amount to be kept on hand........................................... 345,399,439,453,667
In gold and silver com ............................................................................. 370,398,667
When amount falls below requirement................................................ 345,399, 668
Money deposited for redemption in certain cities included.......... 345,400, 668
Leavenworth struck from list...............................................................................
361
Clearing-house certificates may be part............................................... 345,400,668
Charleston and Richmond may be redemption cities, if............................
346
If association fails to make good, what................................................. 346,399, 668
One-half may be kept in New York.............................................................. 346,669
Except gold banks of San Francisco.........................................................
669
Temporary loan certificates may be part of........................................ 199,200,365
Certain may not be part of............................................................................
654
Certificates of deposit for United States notes may be part o f.. 374,400,668
Repealed.............................................................................................................
613
United States notes not to be counted as part of.............................. 374,400,668
Repealed......................................................................................................... 255,613
On circulation abolished, except gold banks............................................. 418,680
To be determined by deposits......................................................................... 418,680
Five per cent redemption fund deposited with treasurer may be
counted as part of............................................................................................. 418,681
Gold and silver certificates may be held as part of................. 434,456,587,613
Additional reserve cities.................................................................................... 438,453
Central reserve cities...............................................................................................
439
Not to apply to deposits of public moneys......................................................
468
Treasury notes (bullion) as part of......................................................................
590
Three-fifths may be kept in certain cities.......................................................
668
Rights. (£«e Organization, this title.)
Return. ( S e e Report, this title.)
Seal....................................... .......... . .......... ............................................................. 333,378,382
Security bonds. ( S e e Circulation, this title.)
Shareholders—
Power to dissolve corporations................................................................. 333,382,409
When may fix day of election..............................................................................
335
Entitled to one vote at elections and shareholders meetings............... 335,385
May vote by proxies............................................................................................ 335,385
Not allowed to vote, when................................................................................ 335,385
To succeed to liabilities and rights of prior holder................................... 335,383
Individual liability; exception....................................................................... 335,386
Not to receive dividend from state banks when surplus deficient.. . 336,386
Failing to pay stock instalments..................................................................... 337,384
Assessments.................................................................................................... 404,427
List of, to be kept by associations.................................................................. 349,406
Subject to inspection.................................................................................. 349,406
Copy to be sent comptroller..................................................................... 349,406
Liable to state taxation on shares................................................................... 350,409
Limitations...................................................................................................... 350,409
Holders of stock as executors, trustees, etc., liability............................. 360,387
Estates, liability of, as stockholders.............................................................. 360,387
Names and residences in organization certificate..........................................
381
M eetings— voting......................................................................................................
385
Liability, how to be enforced...............................................................................
425
Meeting of, after receiver has paid debts.........................................................
426
Agent—
Election of..................................................................................... 426,427,444,445
Duties and powers............................................................................... 427,444,445
Bonds for payment of debts of bank...................................................... ’ 426,444
Transfer of property to............................................................................... 426,444
Election of new........................................................................................................ 445
Not assenting to extension corporate existence, what.................................
431
To decide whether agent or receiver wind up affaire...........
1 !!
443
Executors, etc., may vote......................................................................................
445
Repayment to, of assessments..................................................................................... 445
N ational B ank s — Continued.
Page.
Shares. ( S e e Capital stock, this title.)
Stamping—
427
Fraudulent notes to be stamped........................................................................
Officers liable for wrongfully stamping.............................................................
427
State banking associations—
Liability of shareholder.........................................................................................
335
Comptroller may close, when.................................
336
Withhold certificate.......................................................
336
As to conversion. ( S e e Conversion of state banks, this title.)
Capital of, expired or converted.................................................................... 378, 388
Statements ( see a l s o Report, this title)—
Monthly to comptroller.. . ................................................................................
347
Stock. (S e e Capital stock, this title.)
Succession, by name organized, time................................................................... 333 382
Suits, district attorneys to conduct under Solicitor of the Treasury.......... 358’ 377
Proceedings for injunction, jurisdiction.............................................. 359 4 4 4 ’ 373
No attachment, injunction, etc., before judgment.................................. '375’ 674
Jurisdiction of, against national banks........................................ 358,377,378’ 402
To enjoin comptroller or receiver............................................................... ’ 378
Of, by or against national banks................................................................
438
Associations deemed citizens for purposes of suits, etc...............................
437
Surplus fund, how provided.................................................................................... 347 402
Taxation—
Of evidences of indebtedness...............................................................................
237
Provisions as to national banks not affected....................... _
..........................
247
On circulation based on Isthmian Canal bonds deposited to secure
circulation..............................................................................................................
262
Ten per cent on fractional notes.........................................................................
330
Of circulation.............................................................. 349, 362,407,442,448,454,465
On deposits........................................................................................... 350, 362,407,435
On capital stock.................................................................................. 350,362,408,435
Form, etc., of returns................................................................................ 350, 408, 424
How collected if not paid in time......................................................... 350,408,424
Method of assessment when no return made...................................... 350,408, 424
Shares of stock not exempt from State.............................................................
350
Limitation..................................................................................................... 350, 366
Real estate subject to......................................................................................... 351,409
On state-bank notes paid out, or used.................. - ..................................... 362, 363
None on circulation when below 5 per cent of capital.............................. 363, 378
On circulation of converted state bank...........................................................
363
State, on shares.................................................................................................... 365, 409
Shares of-nonresidents............................................................................................
366
When redeeming circulation................................................................................
379
On notes of persons or state banks, etc., paid out or used for circu
lation........................................................................................................... 379,424,425
Payment of taxes of converted state banks....................................................
380
Provisions for tax on deposits, capital, and circulation not to apply to
national banks........................
380, 435
Refunding excess of duties paid.........................................................................
408
Deposits in certain savings banks exempt......................................................
417
Certain savings banks exempt.............................................................................
422
Circulation subject to State............................................................................. 442, 600
On national banking association not changed........................................... 442, 600
On banks and bankers. .........................................................................................
446
On notes of cities, etc., paid out........................................................................
650
Transfer. ( S e e Capital stock, this title.)
Transfers. ( S e e Insolvency, this title.)
Usury laws in the District of Columbia not to affect...........................................
362
Vice-president. ( S e e Officers, this title.)
Violations. ( S e e Penalty.)
Visitorial powers. ( S e e Examinations, this title.)
N ational Currency :
Included in the words “ obligation or other security of the United States” . .
187
Not to be expanded or contracted.. ...................................................................... 374 494
Receivable by designated depositaries, when.......................................’ ’ ’ ____
’ 387
786
INDEX.
N ational Currency A ssociations . (See National banks.)
Page.
N ational D ebt . (See Public debt.)
N ational Monetary Commission :
Created........................................................................................................................
468
468
Appointm ent................................................
To inquire into changes in monetary system, e tc .............................................
468
Report to Congress....................................................................................................
468
Powers.........................................................................................................................
469
Appropriation......................................................................................
469
Accounts.....................................................................................................................
469
Continued...................................................................................................................
469
Compensation............................................................................................................
470
N ew O rleans . (See Assistant treasurer United States; Mint.)
N ew Y o r k :
Receiver-general of public money, appointment and duties..........................
122
N ew Y ork Custom -H ou se :
122
Vaults, etc., for public moneys.............................................................................
Safe-keeping, etc., of public m on ey s...................................................................
136
(See also Assistant treasurers United States; Assay offices.)
N otes :
To be printed from hand-roller presses................................................................
250
Legal tender, exchange of, for silver coin ...........................................................
576
To be kept apart in Treasury.........................................................................
576
Issue upon retirement of fractional cu rren cy ............................................
576
Of Bank of United States receivable by United States........................... 627, 628, 630
Repealed.............................................................................................................
630
Of municipal corporations for less than $10 prohibited....................................
631
Circulation to be withdrawn..........................................................................
631
Bank, denominations under $10 and $20 not to be offered.............................
631
Nor unless equivalent to specie.....................................................................
631
Repealed.....................................................................................................
634
Issue of, b y defunct corporations prohibited......................................................
632
Of banks issuing such for less than $5 not receivable for public d e b t..........
662
Suspended until October 1, 1838...................................................................
632
Circulation of, in the District of Columbia, less than $5 prohibited............
633
Mutilated, worn-out, etc., replacing and destruction.......................................
638
For less than $1 prohibited................................................................................. 641, 659
(See also Bank of United States; Currency; National banks; Treasury
notes; United States notes, etc.)
187
“ O bligation or Other S ecurity of the U nited St a t e s ” defined..............
O bligations of the U nited States :
“ Obligation or other security of the United States” defin ed................. 223,675
Destruction b y maceration...............................................................
684
Interest-bearing, may be exchangeable for bonds.............................................
191
Any, may be exchangeable for bonds..................................................................
192
How, where, and what may be disposed o f ........................................................
191
Interest-bearing, not to be paid before maturity, unless.................................
202
Names on portraits....................................................................................................
244
Not to bear portrait of a living person..................................................................
191
(Section 3576, Revised S tatutes)...................................................................
211
Payable in c o in .........................................................................................................
201
(Section 3693, Revised S tatutes)..................................................................
218
Payable in c o in .........................................................................................................
661
Permanent annual appropriations for expenses incident to (sec. 3689, R. S .).
218
Premium on sale of, to be accounted for (sec. 3652, R. S . ) ............................
217
Retirement, proceeds of sale of bonds for............................................................
192
Counterfeiting, etc. (See Penalty.)
Taxation of. (See Taxation.)
To be printed from hand-roller presses................................................................
250
O ffenses . (See Penalty.)
O fficer . (See Public officer.)
O klahoma :
National banking laws extended to ......................................................................
439
O ne -D ollar P iece . (5c«C oin .)
P acific R ailroads :
Issue of bonds to...............................................................................................
171
Amount for freight to offset interest and earnings due United S tates.. . 208,223
INDEX,
787
a i l r o a d s — Continued.
P a ge.
United States may pay prior liens and be subrogated......................................
243
244
Proceedings to protect the United States..............................................................
Investment of sinking funds......................................................................... 1 ............
244
Settlement with central and western Pacific railroads......................................
250
Foreclosure............................................... ............ - ..........................................................
251
257
Settlement with Sioux City and Pacific Railroad................................................
P a c if ic R
Pa
r
:
National banks to take national currency a t..........................................................
Isthmian Canal bonds to be disposed of at not less than....................................
260
260
P a r it y :
Of value
(see a lso
Gold and silver).............................................................................
252
P a r t i n g . (S e e Melting and refining.)
Paym en ts:
On account of United States to be made in gold and silver..............................
125
By disbursing officers in certain funds restricted..................................................
5 gg
Gold and silver only a tender in payment by Government of debts................... (330
( S e e Debts: Public debts.)
P
enalty:
Adulterating, etc., gold dust in Alaska....................................................................
Assistant treasurers to receive commissions, etc. (sec. 3597, R. S .)................
219
Bank of United States buying or selling goods.................................................. 274 307
Making excessive loans................................................................................ 20, 2 74 ’ 307
Penalty for fraud on, extended to Louisiana................................................. ’ 284
Bribery of officers of................................................................................................
340
Buying, selling, etc., forged bonds, notes, etc................................................... 195 225
Circulating notes, etc., for less than $1..................................................................... ’ 641
Claims against the United States, carrying away, using, etc., papers bear
ing on ................................................
198
Coins, offering to pass, etc., certain copper............................................................
480
For debasing................................................................................. 479,493,507,548,571
And metals, for embezzling..................................................................... 479,493, 548
Exporting specie.................................................................................................. 491,492
Impairing, falsifying, etc................................................................. 491, 548,571, 605
Importing false..................................................................................................... 491,571
Laws—
Applicable to 2-cent piece...........................................................................
522
3-cent piece...............................................................................................
524
5-cent piece...............................................................................................
526
Extended to 20-cent piece...........................................................................
575
Applicable to gold dollar and double eagle............................................
508
Making 1 and 2 cent pieces..................................................................................
523
Making, passing, etc., 3-cent pieces..................................................................
525
5-cent piece.......................................................................................................
526
Or uttering, cards, etc., resembling money....................... 572, 578, 594, 620
Devices of minor......................................................................................
572
Molds, hubs, dies, e t c ...................................................................................
594
Procuring or assisting, etc.....................................................................
594
Mutilating, defacing, etc................
605
605
Passing, etc., or having in possession mutilated, etc...................................
Provisions applicable to act of 1873............................................................... .
550
Taking impression of dies, tools, etc..................................................... 196,223, 677
Counterfeiting money, etc. (Constitution)..................... 3,153,157,179,187,245, 246
Bills, notes, etc., of Bank of United States........................ 282, 286, 308, 628, 629
Bonds and certificates of indebtedness..............................................................
266
Provisions extended to certificates of indebtedness (1898)........................
249
Coin, bars, etc............................................ 473, 522,523, 529, 547, 570, 578, 594, 609
Having in possession or uttering counterfeited, etc., gold or silver coin
or bars.......................................................................................................... 547, 570,578
Minor coinage................................................................................................ 548,570
Gold or silver bars............................................................................... 547,570, 578
Dealing in counterfeit securities..................................................................... 226,678
Apparatus, disposition o f.......................................................................... 245,246,595
Exposition medals...................................................................................................
621
Foreign notes, bonds, and securities.................................................................
242
Forfeiture of apparatus, etc..............................................................................
Search warrants.................................................................................... 24^ 24® ^95
>
>
788
INDEX.
P enalty — Continued.
Page.
Counterfeiting money, national-bank notes.............. 223, 359, 398, 595, 675, 703, 704
State-bank notes...............................................................................................
595
Penalty for, to be printed on notes....................................................................
178
Or forging securities.................................................................... 178,223,225,266,675
Buying, selling, etc., securities....................................................................... 195,225
Treasury notes............................................................................................... 78,85,90,94
and bonds............................................................................................................
168
And forging Treasury notes and other securities...................... I l l , 119,145,313
Forgery, etc., in Alaska............................................................................. 609,610, 703
Defacing weights used at mints or assay offices......................................................
548
Disbursing officers, payments in unauthorized moneys, etc., b y ............... 14 0, 660
Unauthorized, loaning, depositing, etc., by, to be embezzlement.........
193
Unlawfully depositing, converting, etc., public moneys................... . ....
229
Exchanging or paying in certain funds.............................................................
569
Distinctive paper without authority, having...................................................... 225, 676
Embezzling metals, medals, etc...................................................................................
548
Expired banks, circulating bills of..............................................................................
227
Corporations, issuance of bills, notes, etc., by officers of...........................
326
Issuing bills, notes, etc., b y .........................................................................
632
False demand......................................................................................................................
679
On fraudulent power of attorney (sec. 5436, R. S .)......................................
227
Falsely personating holder of public stocks, or creditor (sec. 5435)............... 227, 678
Illustrations for numismatic books, etc.....................................................................
620
Imitating securities or printing advertisements thereon........................ 196,222,662
Impressions, etc., having unlawful possession of............................................... 197, 678
Joining parts of notes, etc., in Alaska........................................................................
704
Laws applicable to mint, officers and coinage extended to branches.. 499, 522, 529
Extended to assay offices................................................................................... 547, 567
Mining, manufacturing, etc., corporations remitted, certain on......................
424
National banks, buying, selling, etc., forged note of...........................................
195
Unlawfully countersigning and deliveringnotes........................................ 343,398
Violation of act...................................................................................................... 357,414
For embezzlement, etc....................................................................................... 358,406
For issuing, etc., notes without authority........................................................
358
False entry, etc...................................................................................................... 358, 406
Mutilating, etc., notes, etc................................................................................ 359,399
Counterfeiting, etc...................................................................... 223,359,398,595, 675
Aiding and abetting embezzlement, etc.............................................. 361,369,406
Construing embezzlement provision.....................
362
Loaning on certain notes........................................................................... 366,405,670
Withholding them from use, etc..................................................... 366,405,670
Failing to make reports.............................................................................. 367,368,407
How collected................................................................................................ 367,407
To be paid into the Treasury................................................................... 367,407
Unlawfully certifying checks........................................................................... 368,405
Use word “ national” ................................................................................... 376,416,674
Failure to make monthly returns........................................................................
379
Imitating notes with advertisements thereon.................................................
398
Taking usurious interest..................................................................................... 344,402
Upon directors........................................................................................................ 357,414
How violations to be determined.................................................................... 357,414
Falsely certifying checks........................................................................................
434
Corporations contributing for political elections............................................
455
Issuing unauthorized circulation.........................................................................
667
Circulating bill of expired banks................................................................... 227, 679
Forgery and counterfeiting in Alaska................................................................
703
Joining parts of notes in Alaska...........................................................................
704
Testimony as to signatures to notes....................................................................
704
Obligations of United States—
Buying, selling, etc., any forged.........................................................................
195
Making, etc., unauthorized impressions, tools, etc., of...............................
196
Printing, etc., any business card, or notice, etc., upon......................... 196, 222
For having in possession unauthorized impressions, tools, etc.................
197
For carrying away, secreting, etc., tools, material, etc., used in print
ing...............................................................................................................................
197
Using plates to print, without authority, etc. (sec. 5430, R. S., codified
1909)...........................................................................................................................
224
m
■1
IN D E X .
7 8 9
P enalty — Continued.
Page.
Obligations of United States—Continued.
Making, having, etc., similitude of (sec. 5430, R. S., codified, 1909). .
225
Uttering, etc., forged.......................................................................................
225
Making, having, etc., similitudes o f.............................................................
225
226
Having, etc., unauthorized impression of tool, etc., used in making__
Taking impressions of tool, etc., used in making........... ...........................
226
Officer charging a commission for services..........................................................
141
Perjury in claiming redemption of stolen Treasury notes................................
142
Public moneys, embezzlement o f............................................................. 124,139 151
Conversion o f..................................................................................................... ’ 129
Failure to deposit as required.................................................................... 151 230
Unlawfully receiving, etc., on deposit, etc. (sec. 5497, R. S .)........... 194’ 230
Failure of custodians to safely keep without loaning, etc........................ ’ 229
229
Disbursing officers unlawfully depositing, converting, e tc ....................[
Failure of officer to render accounts, e tc................................................. ]
229
Treasurer to safely keep (sec. 5489, R. S .)....................................... "
229
Unlawfully receiving, etc., on deposit, etc. (sec. 5497, R. S .)............ "
230
Purchase, etc., of coin, bullion, etc., to make unlawful contracts f o r . . . . . "
433
Savings banks, failure of, to make report to comptroller.................................
407
Failing to rep ort...............................................................................................
42g
And trust companies, failure to report to comptroller..............................
407
Securities of the United States, printing, etc., any business card or notice,
etc., on ........................................................................................................
190
Making or using cards, circulars, etc., in similitude o f........................ I 90 222
j
Imitating or printing advertisements thereon............. ............................... ’ 222
Secreting, carrying away, etc., tools, etc., used in printing............... 197? 228
Stamping “ United States assay,” etc., on gold, silver, or manufactures of. 621, 622
Forfeiture o f.......................................................................................................
622
State banks, etc., failure to make returns and pay taxes................................
424
Testimony as to signature to notes in Alaska.....................................................
704
Treasurer, etc., failure of, to safely keep public moneys (sec. 5489, R. S .).
229
Treasury notes, etc., engraving............................ . ..............................................
119
Using plates to print notes, etc., without authority, etc............................. 224, 676
Uttering forged obligations, e tc .............................................................................
677
P ensions :
Payment of, by Bank of United States................................................................
115
Who to pay....................................
123
Requirement that Bank of United States pay, repealed............................ 310, 315
, A ct transferring duties of commissioner of loans to Bank of United States
not to apply to military pensions......................................................................
312
Secretary of War to direct payment o f.................................................................
315
Payment of arrearages from fractional-currency reserve..................................
693
P eso . (See Coins, Porto Rico.)
P hiladelphia . (See Assistant treasurer United States; Mint; Director of the
Mint; Superintendent of the Mint, etc.)
P hilippine I slands :
Designation of depositories for public moneys............................................... 261, 258
Philippine treasury not required to give bonds, etc.........................................
261
“ P lace where the B ank is L ocated and not E lsew h ere : ”
Defined.......................................................................................................................
365
P opular L o a n :
Subscriptions to ........................................................................................................
249
Isthmian Canal bonds.......................................................................................... 260, 265
P orto R ico :
Designation of depositories for public moneys...................................................
258
Spanish Bank may amend its by-laws.................................................................
258
Substitute capital.....................................................................................................
259
Powers not enlarged.................................................................................................
259
Federal control unabridged....................................................................................
259
Redemption of coins o f...........................................................................................
615
Recoinage by United States...................................................................................
615
Legal tender..............................................................................................................
615
Payment of debts........................... .. - - ..................................................................
616
(As to banking, see Banks; National banks; Designated depositaries,
etc.)
•
790
INDEX.
P ortrait :
Page.
Likeness of living person on bonds, notes, etc., p roh ib ited ...........................
191
Section 3576, Revised Statutes......................................................................
211
Names on ...................................................................................................................
244
Of living person, not to be on bonds, notes, etc.................................................
658
P ostage Currency :
Fractional currency to be issued in lieu o f.........................................................
177
Notes may be issued in lieu o f.......................................................................
644
Limitation on issue......................................................................................................
645
Laws applicable to......................................................................................................
647
P ostage Stamps :
Receivable for dues to United States...................................................................
641
Exchange of, for United States notes......................................................................
641
P ostal Cu rrency :
Portrait or likeness of living person on, prohibited..........................................
191
P ostmasters :
Charged with custody of public moneys.................................................................
122
Duties in relation to public moneys........................................................................
138
P ound Sterling :
Value o f..........................................................................................................................
567
P resident of the U nited States :
Authorized to borrow................ 7,8,48, 50,52, 53,55, 56, 61, 64, 65,66,72, 73, 75,80,
83,85,86, 90, 94,103,103,110,112,128,131,147,149,153,155,158,159
To cause credit to be given States........................................................................
54
Authorized to deliver stock to France for Louisiana purchase.......................
62
To designate depositaries in which army and navy disbursing agents to
keep m oney............................................................................................................
71
To report to Congress sale of stock........................................................................
80
May cause a subscription to stock of Bank or the United States....................
21
301
Authorized to appoint five directors of Bank of the United States...............
To appoint president of Bank of United States in case of vacancy...............
301
Power to remove certain directors of Bank of United States..........................
301
Authorized to issue Treasury notes___ 76,81,81, 84,117,127,130,134,143,151,156
Power to issue Treasury notes to cease.............................................................. 119,147
154
Authority to issue and reissue Treasury notes revived.....................................
May reduce weight of copper coin ........................................................................
484
(See also Loans; Treasury notes; United States notes, etc.)
P rinting :
From hand-roller presses..........................................................................................
703
P riorities :
In payment of interest to cease, unless................................................................
42
P roposals (see also Loans):
For loan............................................................................ 131,148,155,157,158,159,163
Need not be accepted unless..................................................................................
158
May be readvertised............................................................................................. 158,160
P ublic A ccounts. (See Accounts.)
P ublic D e bt :
•
Accounts of, to or from the United States to be kept by register..................
6
Alabama claims award to be used in payment o f..............................................
208
Amount equal to interest on bonds in sinking fund to be applied on ............
205
Amount of bonds destroyed to be deducted from ..............................................
205
Appropriation and payment o f............................................................................... 70, 79
Bank of United States to be paid off, h ow .......................................................... 27,28
To pay into the Treasury money held to redeem........................................
314
And Secretary to pay over to persons entitled thereto.............................
314
Borrowing money to pay. (See Loans.)
Certificates issued to creditor States, transfer o f.................................................
104
Of indebtedness may be issued to pay audited demands and to holders
of checks..........................................................................................................
169
Coin received from duties to create a sinking fund...........................................
168
Creditors not subscribing to loan, status o f.........................................................
10
Of unfunded or registered, to receive stock equal to interest..................
51
Demands under treaties, etc., how may be satisfied.........................................
59
Direct tax appropriated to pay loan.....................................................................
53
Domestic, loan to full amount authorized...........................................................
8
Drafts for transfer of moneys to the States receivable in payment o f..............
119
Dutch, manner of paying.........................................................................................
60
■n
IN D E X .
791
P ublic D ebt — Continued.
Page.
Duties appropriated to pay, to the Bank of the United States..........................
48
•Surplus appropriated to pay loan of 1798......................................................
59
To pay certain...................................................................................................
61
Pledged to pay loan (1804)...................................................................................
65
For pay of...........................................................................................................
131
Surplus pledged to pay loan................................................................................. 55 5 6
To be applied to payment of, unless, and how long............................
’ 22
Appropriated to pay foreign.................................................................................
48
And tonnage excess, to be applied to purchase of........................................
17
To be continued to be collected to pay............................................................
37
Evidences of, receivable for western lands......................................................... 627 628
Exchange of certificates on which interest is payable abroad.......................... ’ 69
Six per cent and 7 per cent stock.............................................................. ')
iq 4
Six per cent stocks.............................................................................................. 449 442
Six per cent for 4 per cent bonds.......................................................................
’ ogg
” 59
Faith of United States pledged if revenues insufficient to pay ioan...............
Pledged to provide revenues to pay loan of 1798........................................ *
52
99
Pledged payment, continues............................................................................. ’
To pay interest...............................................................................................i 2 g
Payment of loan and interest......................................... 154,155,156,158 160
Five-twenty bonds may be redeemed or exchanged....................................... _
’ 294
Foreign, provision to pay...............................................................................................
~ 8
Foreign agent to receive subscriptions to certain stocks.....................................
69
25
Officers to be discharged........................ .............. ...............................................
Funded debt of the United States, banks in the District of Columbia not to
buy or sell, except...............................
191
Not to be bought or sold by certain banks.....................................................
288
Funds pledged for payment of.............................................. 73, 74, 75, 81, 84, 85, 8 6 , 87
To pay..................................................................................................................... 105,110
To pay, shall remain as pledged......................................................................... 70, 79
Gold and silver only a tender in payments by Government..............................
630
Hawaiian assumed, limit...............................................................................................
251
Increase forbidden.
192
Of bonded, forbidden.............................................................................................
203
Forbidden................................................................
649
Intercourse acts on account of, to be paid from internal revenue...................
36
Interest, payment of on foreign...................................................................................
7
Loan to pay, authorized........................................................................................
36
Upon may be anticipated.....................................................................................
181
Bearing not to be paid before maturity, unless.............................................
202
Issue of registered or unfunded certificates prohibited.......................................
51
Limitation on amount of bonds and notes outstanding.......................................
175
Loaning to full amount...................................................................................................
8
Loan of 1796 irredeemable until 1819.............................................. .........................
47
“ Loan office” certificates, “ final settlements” and indents of interest to be
exchanged.......................................................................................................................
42
Loan office and final settlement certificates and indents of interest, settle
ment suspended............................................................................................... 102,106,114
Loan office and final settlement certificates and indents of interest to be
paid...................................................................
107
Money held by banks to redeem, to be paid into Treasury................................
115
Nonsubscribing creditors to loan of 1790, ch. 34, privilege........................... 29,31, 35
Nonsubscribers to redemption loan not to be affected........................................
80
Nonsubscribing creditors to loan (1807) not to be affected................. - ............
71
Notes or bills of banks issuing such for less than $5, not receivable,
when.............................................................................. ..................................... 318,321, 325
Outstanding, amount of bonds, Treasury and L nited States notes..................
643
Payment of the, power to make (Constitution)......................................................
3
Supplementary act as to............................. - ........................................................
l*j
Of installments of loan from Bank of United States, time.......................
32
To Bank of United States of second installment of loan, authorized.. .
32
Of foreign, due in 1795, authorized...................................................................
34
To Bank of United States of third installment of loan authorized.........
34
Of foreign, and third installment of Bank of United States loans...........
34
Of foreign loan, authorized...................................................................... - .......... 36,37
Of, bearing 6 per cent interest, appropriation to the sinking fund.........37,38
15712°— 10------ 52
rv
792
INDEX.
P ublic D ebt— Continued.
‘
Page.
Payment of the, what sums commissioners of sinking fund shall pay annu
ally ................................................................................................................................
40
Bearing 6 per cent interest.................................................................................... 44,45
Secretary of the Treasury instead of sinking fund commissioners to
make.........................................................................................................................
117
Of, further sum placed in sinking fund............................................................
64
Of, shall continue, except.....................................................................................
101
Payable in coin or lawful money................................................................................
190
201
Payment of, in coin..................................................................... . .................................
Permanent annual appropriation for payment of, refunding, sinking fund,
expenses, etc...................................................................................................................
218
Pledge for debts, etc. (Confederation).......................................................................
1
Purchase to be made by commissioners....................................................................
25
Future, to be at lowest price................................................................................
26
At market rate................................................................................................................
41
Not at higher rates than..............................................................................................
67
Mode and time of...........................................................................................................
67
Of, acts making appropriations for, funded, repealed.................................
98
From surplus in sinking fund, when.................................................................
100
Of 7 per cent stock...................................................................................................
107
Of stock from surplus fund, provided................................................................
150
Of evidences of..........................................................................................................
639
Receivable in what..........................................................................................................
95
Redemption of, moneys in sinking fund pledged.................................................
39
Loan of 1796, appropriation.......................................................................................
47
Of, commissioners of sinking fund to continue..............................................
63
Of certain of, by voluntary subscription..........................................................
68
Of certain stocks, credits and new certificates to be given..................... 68,69
Appropriation to sinking fund for payment of...............................................
99
Of compound interest notes.............................................................................. 199,200
Of United States notes in coin pledge, early..................................................
202
200
Reduction by retiring United States notes suspended........................................
Refunding....................................................................................................................... 203, 240
Reimbursement of part of the principal...................................................................
43
Of unfunded or registered......................................................................................
51
To be under superintendence of commissioners of sinking fund...........
40
Reimbursements and payments, commissioners of sinking fund to super
intend................................................................................................................................
59
Powers of commissioners of sinking fund extended.....................................
71
70
Of certificates; preference; priority of payment...........................................
And purchase of Treasury notes.........................................................................
77
Treasury notes............................................................................................................
82
Renewal of destroyed unsubscribed debt certificates; proceedings............... 29,30
Repayment, substitution of certain duties...............................................................
37
Revenues, additional, provided to p a y .................................................................... 87,89
To pay, appropriated to sinking fund................................................................
98
Pledged to pay loan and interest (1848)...............................................................
148
Sinking fund created........................................................................................................
25
Permanent and adequate, to be established................................................... 87, 88
Appropriation to, to p a y ........................................................................................
57
Additional appropriation to...................................................................................
113
And payment of, appropriation of certain surplus to, repealed...............
114
Statement, amount United States notes to appear................................................
682
Stock of 1810, how transferable; sale.........................................................................
72
Subscribers exchanging stock, preference to ...........................................................
72
Subscriptions to stock of Bank of United States, in payment o f ...................
269
Surplus of appropriations applicable to payment of.............................................
60
In Treasury appropriated to sinking fund.......................................................
99
Temporary war certificates, principal and interest payable in lawful money
on demand.......................................................................................................................
199
Tender in payment of (Constitution).........................................................................
3
Time to subscribe to loan extended.............................................................. 2 5 , 2 8 ,31 ,35
Domestic, loan extended.............................................................. 2 5 , 2 8 , 3 l] 3 5 ,43 ,49
Transfer of stock issued oir account of Louisiana purchase................................
78
Treasury notes bearing interest payable for............................................................
657
War claims to be presented within certain time....................................................
51
INDEX.
7 9 3
P ublic D epositaries . ( S e e Depositaries; Designated depositaries.)
Page.
P ublic E xpenditures :
Reports of, to be made to Congress (sec. 257, R. S .)............................................
210
P ublic L a n d s . ( S e e Lands.)
P ublic M o n e ys :
Act of June 23, 1836, except sections 13 and 14, repealed..........................
326
Accounts to be kept separate................ - ....................................................................
123
Of expenditures to be kept by register............................................................
6
Accurate, to be kept...............................................................................................
124
139
Officers entrusted with, to keep accurate; embezzlement........................
Penalty for failure of officers to render (sec. 5491, R. S .)..........................
229
Agencies for deposit and disbursement may be established where no banks..
315
Army and navy disbursing agents, where to keep................................................
71
Collectors and receivers of, to pay over............................................................... 123,1 3 3
Custodians of, duties of; bonds of, may be increased........................................ ’ 215
Accounts to be examined......................................................................................
216
I 24
Depositaries, in other, to be withdrawn...................................................................
Examination of..................................................................................................... 124 138
Compensation to designated................................................................................
’ 459
Unauthorized, receiving, penalty......................................................................
I 94
211
Certain mints and assay offices to b e ................................................................
Examination of.........................................................................................................
216
To make returns of moneys received and paid.............................................
216
National banks may be designated, except....................................................
Igl
Security required.............................................................................................* Igl
Duties.................................................................................................................. '
ig 4
Designation of, in the Philippines................................................................... ' '
261
Bank to be selected as............................................................................................"
345
248
To be deposited in public, without delay, or within thirty days...........
Bank of United States to be.................................................................................
307
' Reasons to be given Congress......................................................................
307
Of, branch mint at Denver...................................................................................
519
Assay office at Boise, a ...........................................................................................
528
Certain mints and assay offices............................................................................
568
Deposit—
Place of..............................................................................................
136
To be made with treasurer, assistant treasurers or depositaries, by all
persons having......................................................................................................
151
Of public moneys, branch mint at Denver to be place of.........................
170
Of, to be without deduction, ex c e p t................................................................
214
230
As required, penalty for failure to............................. .......................................
Of, in mint and branches to pay depositors of bullion........................... 506,509
521
Of, branch mint at Carson City place o f..........................................................
Depositing, converting, etc., penalty for unlawfully..........................................
229
Deposits—
In solvent specie-paying banks of proceeds of loans, withdrawal...........
165
Specie-paying banks, authorized...............................................................
327
Withdrawal................................................................................................
327
Among banks, distribution of............. - ..............................................................
458
Designated depositaries in Cuba, Porto Rico, and the Philippines...............
258
Difference between the funds receivable, to be no..............................................
126
Disbursing officers—
Payments by, in gold and silver or treasury notes; violations to be
reported....................................._............................................................................
140
To deposit, with treasurer, assistant treasurers, or depositaries...............
151
Deposit and withdrawal b y ..................................................................................
193
193
To be by draft or warrant, transfers t o ............................................................
Where no treasurer or assistant, deposit of.....................................................
I 93
Duties; transfer of moneys to; where to keep, etc.......................................
214
Drafts on depositaries, time of payment, use as currency.............................. 126,141
Duties, debts, etc., how to be paid............................................................................
’ 125
Embezzlement of..............................................................................................................
129
What declared to be................................................................................................
124
Exchange funds in gold and silver only, unless by disbursing officers___ 126,141
And payment of funds by disbursing officer..................... .............................
660
Violation of this provision..........................................................
660
Of, by disbursing officers.......................................................................................
569
Of funds for what......................................................................................................
217
794
INDEX.
P ublic Moneys—Continued.
Page.
In default of designated depositaries to receive, Treasurer of the United
States to keep............................................................ 1 ...................................... 319,326
Instructions, Secretary of the Treasury to issue................................................
187
Internal-revenue officers, act of 1846 made applicable to................................
138
Interest—
On drafts; rate uniform, national banks to pay.........................................
263
On, in designated depositaries.................................................................... 319,326
On special deposits in national banks...............^.........................................
468
National bank depositaries,designation of............................................................
260
Officers charged with the custody of, duties.......................................................
122
Paying over, by collectors and receivers, how often (sec. 3615, R. S.)___
213
Other persons (sec. 3616, R. S.).....................................................................
214
Paying in certain funds, restrictions on...............................................................
569
Payments on account of the United States to be made in gold and silver..
125
129
By United States of bank notes.....................................................................
To the United States, to whom to be made.................................................
124
And to whom..............................................................................................
139
Postal revenues and debts, how paid into Treasury.........................................
248
141
Premiums received on sale of securities, officers must account for any..........
On sales of, to be accounted for................................................................. 217,661
126
Receipts for advance payments for lands, use of...............................................
Receiving on deposit, unlawfully, etc. (sec. 5497, R. S.)................................
230
Receivers-general. (See Receivers-general of public moneys.)
Regulations for presentment of drafts (sec. 3645, R. S.)..................................
216
Repeal of acts relating to.........................................................................................
129
Safe keeping, etc.......................................................................................................
212
Disbursing, etc............................................................................................... 136,137
Paying out, etc., and by what officers..........................................................
138
151
Of, by whom; embezzlement.........................................................................
Penalty for failure of treasurer, etc................................................................
229
Without loaning, etc., penalty for failure of custodians..........................
229
By national banks not modified.....................................................................
263
Specie, amount of at depositaries to be published...........................................
140
Subject to draft of Treasurer of United States in depositaries.................... 123,138
Section 3593, Revised Statutes.......................................................................
211
In Treasury and depositaries..........................................................................
216
Surplus to be deposited with the States..............................................................
320
Fourth installment of deposits postponed....................................................
323
Prior installments to remain on deposit.......................................................
324
Transfer of, from one depositary to another.........................................'.......... 123,138
139
From one depositary to another; balance subject to draft.........................
From a depositary to the Treasury or to another depositary......................
215
Without charge, bank of United States to............................................... 307
Transfers, except for disbursement, etc., illegal............................................ 320, 326
To be made to nearest safe bank................................................................ 320,326
May be made to mint or branches for supplying metal........................ 320, 326
From banks in one State or Territory to those in another...................
323
Treasury of the United States, what to constitute.............................................
121
Vaults, temporary to be procured until permanent constructed.................. 124,139
And rooms of assistant treasurers...................................................................
212
Where to be paid.......................................................................................................
215
Withdrawal from formerdeposit banks..................................................................
324
Banks refusing, suits to be brought, unless.................................................
324
Interest, etc., to be charged..........................................................................
325
Withdrawal............ ...................................................................................................
327
{See also Assay offices; Assistant treasurers; Designated depositaries;
Mint; Moneys.)
Public Officers:
Certain, not to be concerned in trade, etc....................^.....................................
6
To account for premiums of sales of public securities.......................................
661
What, to keep and pay out public moneys.........................................................
138
No salaried, to receive compensation for signing, etc., treasury notes.............
135
Provision for acting assistant treasurers or depositaries....................................
189
P ublish. (See Advertise.)
P urchase:
Of coin with United States bonds or notes authorized.....................................
169
Of debt, from excess duties.....................................................................................
18
INDEX.
7 9 5
P urchase — Continued.
Page.
Commissioners appointed to, public d ebt...............................................................
25
Future, to be made at lowest price............................................................................
26
Of debt to be made at market rate.............................................................................
41
Debt not to be purchased at higher rates than......................................................
07
Mode and time of, of debt, acts amended...............................................................
67
Of debt, appropriations for............................................................................................
99
Of debt. (See Public debt.)
Of stock authorized..................... - .................................................................................
75
Of stock before time of redemption...........................................................................
128
Of 7 per cent stock authorized....................................................................................
107
Of stock when surplus in Treasury............................................................................
148
May be made from surplus funds, provided...................................................
150
Of treasury notes............................................................................................................ 82,119
Q uarter D ollar . (See Coin.)
Q uarter E agle . (&e«Coin.)
R ailroads . (See Pacific Railroads; Union Pacific Railroad Co.)
R ates of Co in . (See Coin; Coinage; Value.)
R atio B etween G old and S ilver :
International conference.......................................................... 579, 586, 597, 602, 603, 604
Commissioners..................................................................... 580, 586, 597, 602, 603* 604
Compensation, report......................................................................... 580, 597, 603’ 604
Parity to be maintained................................................................... 590, 600, 602, 603^ 610
President may call conference....................................................................................
’ 094
President may appoint special commissioners.......................................................
6Q
4
International bimetalism unhindered.......................................................................
614
R eceipts :
Of public moneys, accounts to be kept by Register....................................
6
R eceivers -G eneral of P ublic M o n e y :
Appointment and duties of, at New York, Boston, Charleston, and St.
Louis....................................................................................................................................
122
Charged with custody of public moneys..................................................................
122
R eceivers of P ublic Mo n e ys :
At land offices, charged with custody of public moneys....................................
122
Duties......................................................................................................................................
138
(See also Public moneys.)
R ecoinage . (See Coinage.)
R edemption :
Appropriations for, of debt................................................................................................
99
Bonds—
Five-twenty........................................................................................................... 204, 235
Gold coin deposits applied t o .........................................................................
205
Six uer cent, to be redeemed......................................................................
219
Redeemed to be destroyed.......................................................................................
205
Record to be made.............................................................................................
205
Amount to be deducted from public debt..................................................
205
To be canceled.....................................................................................................
219
Of 1858............................................................................................................................
230
Not to constitute part of sinking fund.................................................................
241
Surplus to be applied to purchase.........................................................................
241
Redemption of 3 per cent, 4 per cent, and 5 per cent, with 2 per c e n t..
256
Compound interest notes........................................................................................... 199, 200
Copper and base metal coinage.......................................................................................
530
Domestic loan, on what terms............. ........................................................................ 9,10
Exchange of notes of 1890 for gold coin...................................................................
252
Five-cent piece (nickel)....................................................................................................
527
Fractional currency........................................ .......................................... 233, 574, 575, 693
Fund of gold coin and bullion to redeem United States and Treasury notes..
611
How maintained..........................................................................................................
611
Limit of reserve.................................................................................................... 611, 614
Exchange and reissue of notes....................................................................................
’014
As trust fund.................................................................................................................
612
Funds for, of notes and certificates to be held as trust funds............................
254
Accounts transferred to divisions of issue and redemption....................................
542
Interest bearing obligations not to be redeemed before maturity, unless___
202
Money held by bank of United States for, of public debt to be paid into
Treasury...........................................................................................
Secretary to pay over to person entitled thereto.................................... " ’
314
3
796
INDEX.
R e d e m p t io n — Continued.
Page.
Obligations of United States in co in ..............................................................................
201
105
Public debt, what pledged................................. »--*.• ....................................................
B y voluntary subscription..................................* ....................................................
6 8
Reserve fund to redeem notes of 1890...........................................................................
252
613
Silver certificates of certain denominations and substitution therefor...........
Stocks, of eld 6 per cent and deferred...........................................................................
79
Subsidiary coins, o f................................................................................................................
584
Surplus revenue to be used................................................................................................
234
Treasury and U nited States notes of 1890 in gold coin..........................................
252
Notes (b u llion )......................................................
590
A n d U nited States notes.............................................................................................
610
Notes for others redeemed, e tc .................................................................................
633
Notes, of certain dem an d............................................................................................
635
U nited States notes—
In coin ........................................................................................................... 2 0 2 ,2 19 ,4 23 , 661
A n d bonds.................................................................................................................
234
In excess of $300,000,000 at what ratio.................................................................
234
A n d Treasury notes.......................................................................................................
610
Of certain denominations and substitution therefor.......................................
613
W hen gold in reserve fund falis below $50,000,000 ..................................................
257
As to national-bank notes. (S e e National banks.)
(S ee
a lso
Bonds; Coin; National banks; Public debt; Treasury notes;
United States notes, etc.)
R
e d e m p t io n
D iv is io n :
Established in Treasurer’s office............................................................................
R e d u c t io n o p t h e C u r r e n c y . ( S e e Currency.)
R e f i n e r a t B r a n c h M i n t s . ( S e e a l s o Melter and refiner; Mints.)....................
R e f i n i n g . ( S e e Bullion.)
R
612
498
e f u n d in g :
National debt................................................................................................. 203, 240,252
Appropriations— permanent annual, for................................................................
218
Exchange of higher interest bonds for lower.......................................................
239
Certificates of deposit in aid of...............................................................................
240
R
e g is t e r e d
St o c k :
May be issued......................................................................................................... 154,159
R
e g is t e r
of the
T reasury:
Provision for...............................................................................................................
Duties...........................................................................................................................
Not to be concerned in what..................................................................................
To keep accounts of debts to or from the United States..................................
Receipts and expenditures of public moneys.............................................
Certificates of stock, signed by...............................................................................
To be issued by..................................................................................................
R
40
46
43
48
e im b u r s e m e n t s :
Commissioners of sinking fund to superintend...................................................
Preference given to whom............................................................................... I___
Powers of the commissioners of sinking fund extended....................................
Of stock exchanged for Treasury notes.................................................................
R
6
6
6
6
e g u l a t io n s :
As to loan of 1795....... ............................ _................................................................
To carry act of 1796 into effect...............................................................................
R
5
40
70
71
92
epeal:
Fifty-fifth section of act of 1789, chapter 22........................................................
482
Act April 2, 1792, chapter 16, mint......................................................................
481
Act 1792, chapter 16 (part), mint...........................................................................
483
Section 1 , act February 9, 1793, foreign coins...................................................
490
Act of June 27, 1798, counterfeiting, etc., notes, etc., of Bank of United
States........................................................................................................................
629
Act April 14, 1836, part as to bank notes.............................................................
634
Part of act to regulate the deposits of public money, June 23, 1836.............
326
Partial, section 15, act June 23, 1874, Alabama claims...................................
238
Act June 19, 1878, issue of coin or bullion certificates.....................................
584
574
Section 3524, Revised Statutes, part....................................................................
Sections 3558, 3559, 3560, 3561, Revised Statutes, as affects Denver mint..
691
Section 5177, Revised Statutes..............................................................................
422
Section 5193, Revised Statutes................................................................... 255,457,613
INDEX.
7 9 7
R epeal— Continued.
Page.
Of acts authorizing receipt of evidence of public debt for land.......................
66
Relative mode and time of purchasing debt, amended..............................
67
Authorizing issue of Treasury notes, except...................................................
97
Loans and issue of Treasury notes............................................................
97
Certificates of stock therefor................................................................
97
Reissue of Treasury notes.............................................................................
98
Making appropriations for purchase, etc., of funded debt.......................98
Appropriation of certain surplus to sinking fund and payment of debt. . . .
114
Act abolishing office of commissioner of loans........................................................
115
Of acts relating to public moneys...............................................................................
129
Part of acts restricting the negotiation of bonds ao market value....................
177
Limitation of amount of national bank circulation..............................................
233
National bank act of February 25, 1863...................................................................
360
681
Part section 32 of national bank act.........................................................................
Permanent appropriation for national loan.............................................................
231
Authority to issue certain bullion certificates........................................................
240
First Isthmian Canal bonds..................................................................................
266
Section 10, act incorporating Bank of United States...................................... 292 315
Acts requiring Bank of United States to pay pensions................................... 310’ 315
Transferring duties and records of commissioner of loans to Bank of
United States........................................................................................................
344
Certain acts relating to mints, assay offices, and coinage...................................
55 O
Coinage of trade dollars..................................................................................................
5 gg
R eports :
Of Isthmian Canal receipts and expenditures........................................................
262
From branches to Philadelphia mint................................................... 499, 519, 521, 528
Of assays of foreign coins...............................................................................................
517
Of Director of the Mint.............................................................................................. 518, 530
Of superintendent of mint....................................................................... 531, 552, 553, 562
Of cost of transportation of silver, to Congress.......................................................
588
To Congress. (See Congress.)
(See also different offices and officers.)
R eserve F u n d :
Of national banks. (See National banks.)
To redeem Treasury and UnitedStates notes of 1890...........................................
252
Maintenance of..........................................................................................................
252
253
For redemption of notes of 1890, sale of bonds to preserve................................
Limit............................................................................................................................
253
To be held as a trust fund.............................................................................................
254
For redemption of notes of 1890, if can not be maintained, what...................
253
When gold coin falls below $100,000,000, what......................................................
254
$50,000,000..................................................................................................................
257
Gold coin and bullion to redeem United States and Treasury notes........... 611, 614
How maintained.......................................................................................................
611
Exchange and reissue of notes.............................................................................
611
Limit of reserve.................................................................................................... 611, 614
As trust fund..............................................................................................................
612
R esumption of Specie Paym en ts :
Silver coins for redemption offractional currency................................................
233
R eturns . (See Reports.)
R evenue:
Pledged and appropriated to pay interest of loan.................................................
14
Surplus, to be applied on debt unless, and how long..........................................
22
Loan to be reimbursed out of.......................................................................................
33
Interest on loan to be reserved out of.......................................................................
33
Appropriated to build vessels......................................................................................
33
Secretary of the Treasury to-report to Congress estimate of..............................
57
In what payable................................................................................................................
95
More effectual collection of...........................................................................................
95
Appropriated to sinking fund. .7 7 . 7 . .....................................................................
98
Reports of, to be made to Congress by Secretary of the Treasury..................
210
Secretary of the Treasury to perform all services relative to finances...........
210
(See also Duties.)
R e v e n u e -Stamp Cu r rency :
Fractional currency to be issued in lieu of..............................................................
177
7 9 &
IN D E X .
St . L o u is :
Page.
Receiver-general ol public moneys, appointment................................................
122
Safekeeping, etc., of public moneys..........................................................................
136
(See also Assistant Treasurer United States.)
S afe D eposit C om panies :
Incorporation of, in District of Columbia................................................................
291
Comptroller to take possession.....................................................................................
291
( See also Banks; Comptroller of the Currency.)
San F rancisco . ( See Assistant Treasurer United States.)
Savings an d T rust Com panies :
To make reports to the comptroller....................................................................... 406,407
Savings B a n k s :
Organization........................................................................................................................
290
To report to the Comptroller of the Currency.................................. 290,406,407,428
Subject to banking laws.................................................................................................
291
Certain, exempt from internal revenue taxes.........................................................
422
Paid-in capital of existing.............................................................................................
428
In District of Columbia subject to national banking laws.................................
428
Savings B ank s (State ):
Comptroller to report condition to Congress annually.........................................
374
(See also Banks; Comptroller of the Currency.)
Savings Com panies :
To report to Comptroller of the Currency.................................................................
290
Subject to banking laws.........................................................................................
291
S ealed P roposals . (See Proposals.)
S ecretary of the T r e a s u r y :
Provision for........................................................................................................................
5
Duties....................................................................................................................................
5
Not to be concerned in what.........................................................................................
5
To perform services relative to the finances...........................................................
5
To digest and prepare plans for support of public credit...................................
5
5
To report estimates of public revenue and expenditures...................................
Assistant provided.............................................................................................................
5
Duties.....................................................................................................................................
6
Not to be concerned in what.........................................................................................
6
To make report to Congress on finance......................................................................
57
Appropriations to sinking fund............................................................................
58
To prescribe regulations for agents and commissioners of loans.......................
71
To perform duties of commissioners of loans...........................................................
115
Duties, powers, and records of sinking fund commissioners transferred to..
117
To issue instructions as to public moneys................................................................
187
199
May delegate an assistant secretary to sign pay warrants...................................
Duties of (sec. 248, R . S .) ..............................................................................................
210
Reports to be made by, to Congress (sec. 257, R . S . ) ..........................................
210
To maintain parity of value...........................................................................................
252
To be furnished statements by Bank of United States.......................................
274
306
Bank of United States to make reports to................................................................
306
May inspect general accounts of Bank of United States....................................
To give Congress reason if public moneys deposited with other than Bank
of United States.............................................................................................................
307
To act as agent of United States in matters relating to Bank of United
States............................................................................................................................. 310,322
Directors to furnish him statements J..................................................... ..........
322
Authorized to examine bank................................................................................
322
To receive and deposit dividends, capital stock, etc...................................
322
To settle claim for surplus profits........................................................................
323
To notify and transfer records of commissioners of loans to bank of United
States..............................
311
To pay over to persons entitled thereto money held by Bank of United
States to redeem public d e b t...................................................................................
314
Records of commissioners of loans to be transferred to........................................
314
To withdraw public moneys from deposit banks..................................................
324
Approval of purchase by receiver of national bank property at execution
sale......................................................................................................................................
436
Authority of, in respect to additional national bank currency........................
468
Duty of, relative exchange of coin for bullion........................................................
477
To cause assays of foreign coins....................................................................................
490
Report to Congress....................................................................................................
498
S ecretary of the T reasury — Continued.
Page.
To appoint necessary clerks in mint bureau..........................................................
551
To designate Acting Director of Mint....................... - - - ..........................................
552
May deposit public moneys or bullion to pay bullion depositors...................
563
May purchase coin with bonds or notes....................................................................
570
May transfer gold bars for redemption or exchange purposes...........................
573
649
To report to Congress amount of exchanges, loans, etc.......................................
Power to make reduction of currency suspended............................................. 651, 659
S ecurities :
Congress to provide punishment for counterfeiting (Constitution).................
3
Certain officers not to be concerned in purchase of public................................
6
S ecurity :
May be required of designated depositaries........................................................ 318 j 326
S ecurity of the U nited States . (See Obligations of the United States.)
S eigniorage . (See Coinage.)
S ilver :
Or manufactures thereof, stamping wrongfully................................................. 621 622
Forfeiture of............................................................................................................. ~
A legal tender..................................................................................................................'
A tender in payment of debts by the Government...........................
ooa
(See also Coin.)
U
S ilver B a r s . (See Bullion.)
Silver B ullion . (See Bullion.)
S ilver Certificates . (See Certificates.)
S ilver Coins . (See Coin, silver.)
S ilver D ollar . (See Coin.)
S ilver P rofit F u n d ...........................................................................................................
533
Restriction on payment from.......................................................................................
589
(See also Bullion; Coin; Coinage.)
Sinking F u n d :
Proceeds of sale of western lands to form................................................................
15
Created.................................................................................................................................
25
Accounts of to be rendered........................................................................................... 25,26
Interest on certain of the debt to establish a fund...............................................
25
Appropriation to ..........................
63
Continuance and application o f..........................................................................
39
To pay interest and principal of debt............ .................................................
57
Secretary of the Treasury to pay certain appropriation to ................................
59
Further sum to be paid to by Secretary of the Treasury....................................
64
Permanent and adequate to be established............................................................ 87,88
’
Revenue appropriated to, application of.................................................................
98
Surplus in Treasury appropriated to .........................................................................
99
Additional appropriations to, for payment of debt...............................................
99
Congress may apply surplus in, to any objects in case of war..........................
100
When surplus, what debt to be purchased..............................................................
100
Additional appropriation to..........................................................................................
113
Appropriation of certain surplus and payment of debt repealed.....................
114
Coin received from duties to create............................................................................
168
Obligation to create, not to be impaired..................................................................
181
Record to be made of bonds destroyed.....................................................................
205
205
Bonds held in, to be destroyed...................................................................................
Coin from duties set apart to pay 1 per cent of debt (sec. 3694, R. S .)...........
219
Addition to, of interest (sec. 3696, R. S .)................................................................
219
Obligation to create, not to be impaired (sec. 3699, R. S .).................................
220
Appropriations, permanent, annual for (sec. 3689, R. S .)..................................
218
Redemption of five-twenty bonds, for the...............................................................
235
Redeemed bonds not to constitute part of...............................................................
241
Payments on account of.................................................................................................
256
Fractional currency to be part.....................................................................................
576
S inking -F und Commissioners :
Appointment of, and duties.........................................................................................
25
To purchase debt of the United States......................................................................
25
Authorized to borrow $1,000,000 to pay interest on public debt.....................
36
To have management of funds.....................................................................................
39
To superintend reimbursement of debt.....................................................................
40
Annual sums to be paid by the...................................................................................
40
Duties, etc., of, under act of 1795, extended to analogous cases.....................
43
800
INDEX.
Sinking -F und Commissioners — Continued.
Page.
To pay debt bearing 6 per cent interest.................................................................... 44,45
Authorized to issue certificates of stock....................................................................
40
To reimburse unfunded or registered debt..............................................................
51
When to pay debts............................................................................................................
58
To superintend reimbursement and payments of loan and debts....................
59
Specific appropriations to be applied under direction of...................................
59
May borrow sums to pay Dutch debt.........................................................................
59
How to pay Dutch debt..................................................................................................
60
Power to borrow money, or sell bank stock not affected...................................
60
Former regulations, etc., shall apply to, under act of 1802...............................
60
61
To report to Congress sale of stock, loans, and payments, when.....................
To continue to redeem the stock and debt..............................................................
63
Authority as to mode and time of purchasing debt, amended.........................
67
Not to purchase debt at higher rates than...............................................................
67
To pay interest and debt................................................................................................
70
73, 74, 75, 7 9 ,8 1 ,8 2 ,8 4 ,8 5 , 86 , 86 ,94,103,103,105,110,113,113
Authorized to purchase stock.............................................................. 75,81,84,85,86, 94
To reimburse and purchase treasury notes............................................................... 77,82
To be given funds to pay treasury notes...................................................................
83
To purchase 7 per cent stock........................................................................................
107
Duties, powers, and records of, transferred to Secretary of the Treasury..
117
Additional appropriation of duties, etc., to .............................................................
37
Sinking F und of the D istrict of Co lu m bia :
Offices abolished; duties transferred to Treasurer of United States................
239
Sioux City an d P acific R ailroad Com pan y :
Settlement with..................................................................................................................
257
S overeign (see also Coin):
Value of.................................................................................................................................
567
S pain :
Issue of stock to pay awards under treaty with......................................................
109
S panish B a n k of P orto R ico :
May amend its by-laws....................................................................................................
258
Substitute capital...............................................................................................................
259
Powers not enlarged..........................................................................................................
259
Federal control unabridged........................................................................................ 259,450
Amendment of by-laws....................................................................................................
449
Powers not enlarged.........................................................................................................
450
S panish Claim s :
Receipt of money and payment...................................................................................
116
S panish M illed D ollars . (See Coin.)
Specie :
Designated depositaries to pay government checks, warrants, etc., i n . . . 317,326
Their own notes and bills.................................................................................. 318,326
To credit as, all government deposits............................................................ 317, 326
To keep in vaults as required........................................................................... 318,326
(See also Coin.)
S pecie P a y m e n t s Faith of United States pledged to...............................................................................
201
218
Section 3693, Revised Statutes............................................................................
Silver coins for redemption of fractional currency................................................
233
Stamp Cu r r en c y :
Fractional notes may be issued in lieu o f.................................................................
644
Limitation on issue...........................................................................................................
645
Laws applicable to ............................................................................................................
647
Limitation on amount......................................................................................................
658
Stamp D u tie s :
During war of 1812 On banks, bankers, notes, etc..................................................
293
Composition with bankers in lieu of...........................................................................
293
Stamping (see Bullion):
Fraudulent notes to be stamped..................................................................................
427
Officers liable for wrongfully stamping..............................................................
427
Stamps :
Included in words “ obligation or other security of the United States” ___
187
Receivable for dues to United States.........................................................................
641
Exchange of, for United States notes.........................................................................
641
State B a n k s . (See Banks.)
S tate D ebts . (See States.)
INDEX.
801
Statement:
Page.
Monthly, of treasury notes issued or redeemed..................................................
119
Statements. (See Reports.)
States:
Not to coin money (Constitution), emit bills of credit, nor make anything
but £old and silver coin a tender. .................................................................... 3,473
Commissioner of loans to be appointed in each State.......................................
8
Debts of, to amount of $21,500,000 assumed, and loan proposed...................
11
Chargeable with amount subscribed to loan.......................................................
14
Settlement of accounts between United States and......................................... 15,17
Time of settlement extended................................................................................
17
Balances due, to bear interest...............................................................................
31
Duties pledged to pay the interest.......................................................................
32
May transfer interest credits..................................................................................
32
Transfer of credit stock, conditions......................................................................
42
Debtor may obtain a discharge.............................................................................
54
404
Certificates issued to creditor, transfer of............................................................
Transfer drafts, settlement of.............................................
449
Owing United States on account of advances not to be paid..........................
202
Payment to Massachusetts for expenditures in war of 1812.............................
202
Retention of money due, in default (sec. 3481, R. S.).....................................
211
Surplus in the Treasury to be deposited with....................................................
32 Q
Fourth installment of deposits postponed...................................................
323
Prior installments to remain on deposit.......................................................
324
Stock:
Agents authorized to sell........................................................................................
76
May be appointed to sell............................................ 80,81, 84, 85,86, 86 , 94,128
Certificates of, signed by register in favor of France.........................................
62
New certificates to be given in redemption of certain...................................... 68 , 69
Certificates received by the United States to be canceled.............................
100
Lost or destroyed certificates, how certain to be paid and renewed.............
102
Duties of commissioners of loans transferred......................................................
96
Exchange of 6 per cent and 7 per cent debt......................................................
104
Six per cent debt.............................................................................................
110
Exchanged for Treasury notes shall be transferrable and reimbursable. . . . 145,146
Exempt from state taxation..................................................................................
636
Faith of United States pledged to payment.......................................................
128
False demand on fraudulent power of attorney (sec. 5436, R. S.).................
227
Falsely personating holder (sec. 5435, R. S.).....................................................
227
How to be disposed of; advertising; proposals..................................................
130
109
Issue of, to pay awards under treaty with Spain..............................................
Issue for bona fide purposes; and denominations..............................................
133
Issued to pay Texas, to be.....................................................................................
149
Loan of June 14, 1858, may be in coupon or registered...................................
154
May be issued in lieu of Treasury notes.......................................................... 134,135
Instead of Treasury notes...............................................................................
146
But at not less than par......................................................................
146
Purchased, 7 per cent to be...................................................................................
107
Purchase of.......................- .......................................................................................
128
Purchased when surplus in the Treasury, may be............................................
148
From surplus funds, provided, may be........................................................
150
Receivable for western lands of l nited States......................................... 49, 627, 628
Redemption of certain, after, what......................................................................
58
01(1 6 per cent and deferred...........................................................................
79
Report of sale of, to be made to Congress.......................................... 80, 83, 85, 86 , 94
Sale of, what part under par..................................................................................
47
Sales of public lands pledged for payment of....................................................
146
Subscription to redeem certain.....................- ......................................................
68
298
To Bank of United States may be paid in..................................................
Transfer of, standing to credit of a State.............................................................
42
Issued on account of Louisiana purchase....................................................
78
Transfer of..................................................................................................................
92
Treasury notes may be converted into funded...................................................
93
Treasury notes may be issued instead of.............................................................
160
(See also Bonds of the United States; Certificates; Loans.)
Stolen T reasury N otes:
Officers receiving, to have credit, when (sec. 3707, R. S .)..............................
222
802
INDEX.
S ubscriptions :
Page.
To domestic loan, how to be made.............................................................................
8
What subscribers entitled to.........................................................................................
9,10
Rights of nonsubscribing creditors to loan of 1790 not impaired......................
10
To loan for funding state debts..................................................................................... 11,15
15
To loans to pay domestic and state debts, time extended.................................
To domestic loan, time extended....................................................... 2 5 ,28,3 1,35 ,43,4 9
Privileges of nonsubscribing creditors......................................................... 29, 31, 35
To the full amount of certain stocks...........................................................................
68
Nonsubscribing creditors to loan (1807) not to be affected................................
71
Preference given................................................................................................................
72
To redeem old 6 per cent and deferred stocks........................................................
79
Nonsubscribers to redemption loan not to be affected.........................................
80
To exchange stock................................................................................................ 104,110,112
Nonsubscribing creditors unaffected............................................................. 106,110,113
To be opened for Treasury notes..................................................................................
162
249
Individual, to be received— popular loan................................................................
Isthmian Canal loan open to citizens.................................................................... 260, 265
To stock of the Bank ol the United States. (Sec Bank of the United States.)
S ubsidiary S ilver Co in . ( S e e Coin.)
S ubtreasuries . ( S e e Assistant treasurers.)
S uits :
Repeal provisions of coinage act of 1873 not to affect.........................................
550
S uperintendent of M in t :
A t branches..................................................................................................................... 498,519
To employ clerks, workmen, etc............................................................................. 498, 531
Bond; renewal; increase............................................................................................. 509,552
To pay profits into Treasury..........................................................................................
514
To render quarterly account..................................................................................... 514,553
Appointment of.............................................................................................................. 531,551
Powers, etc...........................................................................................................................
531
Duties..........................................................................................................
531,552,553
Reports.............................................................................................................................. 531,552
Expenses, statements of...... ....................................................................................... 531,553
Shall receive and safely keep moneys and bullion........................................... 531, 553
To deliver coins to persons to whom payable..................................................... 531,553
To compute value of deposits, charges, and deductions......................... 531,553,557
To give memorandum and certificate to depositor................................... 531,553,557
To give and receive vouchers on transfer of coin or bullion.......................... 531, 553
To appoint assistants, clerks, workmen, e tc ................................................ 531,532, 553
Not in assay offices................................................................................................ 532,553
To appoint acting officers................................................................................................
533
Temporary absence of, chief clerk to act.............................................................. 533, 552
Liable for acts of subordinates......................................................................................
533
Increase of bonds...............................................................................................................
533
Salaries...................................................................................................................................
534
To weigh bullion and give receipt to depositor................................................. 537,557
To deliver portion of bullion for assay to assayer.............................................. 537,557
To purchase metal for minor coinage..........................................................................
538
To receipt for ingots..................................................................................................... 539,559
To receipt for bars..............................................................................................................
540
To deliver ingots for coinage..................................................................................... 540,559
To keep record thereof, etc............................................................................... 540, 559
To receipt for coins and keep record thereof....................................................... 541, 560
To test coins, and if not satisfactory, etc.............................................................. 541,561
Proceedings on receipt of coins from coiner......................................................... 541, 561
To receipt for and keep record of clippings and bullion................................. 542,562
To debit and credit coiner......................................................................................... 542,562
To examine accounts of coiner and melter and refiner.................................... 542, 562
To be satisfied as to wastage...................................................................................... 542,562
To forward balance sheet to Director..................................................................... 542,562
Statement of expense account.................................................................................. 542,562
To regulate standard weights.................................................................................... 544 ? 564
Regulations as to dies and medals........................................................................... 545 ’ 565
To be present when coiner destroys obverse working dies............................. 545 , 564
To act as treasurers...................................................................................................................549
May require oath from employees...............................................................................
552
803
INDEX.
o p M i n t —Continued.
Page.
Liable for acts of subordinates...............................................................................
552
To appoint acting officer.........................................................................................
552
To report names, etc., of persons appointed.......................................................
553
To purchase bullion for silver coinage............................................................. 538, 558
To transfer parcels of bullion to melter and refiner..........................................
559
To keep record thereof.....................................................................................
559
Voucher to be taken...................................
559
To deliver coins or bars to depositors of bullion................................................
593
Payment to depositors, in what coin....................................................................
553
May be constituted an assistant treasurer to receive gold coin and bullion.
582
May exchange gold bars for coin...........................................................................
(See also Mint, for duties of superintendents at particular places, etc.)
S u p e r in t e n d e n t
S urplus F u n d :
Unexpended appropriations to be carried to the
Balance of census appropriation to be passed to.
Not to be applied to other purposes..................... .
Surveyors
of
Cu sto m s:
42,58,149
...
114
...
150
Charged with custody of public moneys
Duties in relation to public moneys____
T a x a t io n :
.
122
138
T en per cent per annum on bank notes for less than one dollar.........................
17 9
On capital and deposits of banks, etc., repealed......................................................
4 3 5
Bonds or other obligations exem pt from State..........................................................4 9 4
Treasury notes exem pt from State.......................................................................
4 7 5
Treasury notes, etc., exem pt from State, municipal, or local..................
220
To be exem pt from United States and State—
Issue of 1870............................................................................................................
203
1898........................ ......................................................................................................
249
1900.............................................................................................................................
253
Isthmian Canal.................................................................................................. 260, 265
And other securities of the United States exem pt from State....................
167
Stocks, etc., of United States exem pt from State................................. 636,642
Banks and bankers......................................................
446
Brokers and bankers on sales of bullion and coin, duty o n .................................
188
Certificates of indebtedness exem pt from United States and State................
266
Of United States subject to S ta t e .................................................................. 247, 600
Coin. (S e e Coin.)
Ten per cent on fractional bank notes.........................................................................
330
Gold, silver, and coin subject to State...................................................................... 247, 600
Incomes, including interest on notes, bonds, e tc ...................................................
188
Mining, etc., corporations, certain taxes on, to be adjusted...............................
237
424
Mining, manufacturing, etc., corporations, remission, on circulation o f-----National banks on evidences of indebtedness, taxing..........................................
237
Banking associations not affected, provisions relative..................................
247
Bank circulation based on Isthmian Canal bond deposit...........................
262
Bank, United States notes, etc., and coin subject to State....................
247
Bank notes subject to State................................................................................................
600
Banks. (S e e National banks.)
424
Notes of persons or banks other than national, e tc ...................................................
And coin, State...............................................................................................................
442
Of cities, etc., paid out b y banks, e tc .................................................................
650
Obligations of United States exem pt from State......................... 1 8 4 ,1 91 ,2 20 ,6 36
Savings banks, deposits in certain exem p t.................................................................
417
Certain exem pt from internal revenue................................................................
422
Securities of United States exem pt from State........................................................
167
Stamp duties on banks, notes, e tc., during war of 1812.........................................
293
Composition with bankers in lieu o f.....................................................................
293
Stocks, e tc., exem p t from State....................................................................... 2 20 ,6 36 ,6 42
Treasury notes exem pt from State.................................................................... 175,189, 220
Subject t o ..........................................................................................................................
247
United States and national bank notes subject to State................................. 247,600
(S e e a l s o National banks.)
Ta xe s:
Power to lay and collect (Constitution).....................................................................
Due United States in what to be p aid ..........................................................................
To be paid in gold and silver coin o n ly .......................................................................
(S e e a l s o R even u e.)
3
125
140
80 4
INDEX.
T emporary L o a n s :
Page.
Provision for.................................................................................................................... 204,167
Aggregate not to exceed..................................................................................... 167,170,174
T e n d er . (S ee Legal tender.)
Texas:
Stock to be Issued to pay claims.................................................................................
149
T hr ee -D ollar P iece . (S ee Coin.)
T onnage:
Duties pledged to pay loan...........................................................................................
7
Interest on foreign debt to be paid out of excess.................................................
7
Excess of duties on to be applied to purchase of debt.........................................
17
Surplus to repay loan.......................................................................................................
27
To be applied to repay loan...........................................................................................
29
Pledged to pay interest on balances due States.....................................................
32
Loan of $2,000,000 to be repaid out of......................................................................
34
(See also Revenue; Duties.)
T rade D ollar . (See Coin.)
T ran sfer :
Of loan stock (loan certificates)...................................................................................
10
Of public money between treasury and depositaries.........................................
215
T reasurer of M in t :
Provision for.................................................................................................................... 474,500
Duties....................................................................................................... 122,138,474,483, 500
Oath of office.......................................................................................................................
475
475,483
Bond...............................................
Renewal or increase of.............................................................................................
509
Salary.....................................................................................................................................
475
To set apart pieces for assay........................................................................................
478
To retain part of bullion as charge for melting and refining..............................
484
Not obliged to receive certain bullion......................................................................
484
To account for refining charges.............................................................. 485,488,493,494
At branches............................................................................................................. 122 ,138 ,498
To report quarterly to Treasury Department..........................................................
501
Clerks, appointment and duties...................................................................................
501
Account with melter and refiner...............................................................................
504
To transfer bullion to melter and refiner..................................................................
503
To keep record of ingots received...............................................................................
503
To deliver ingots to chief coiner.................................................................................
504
505
Duty on receiving coins from chief coiner..............................................................
To preserve trial pieces....................................................................................................
505
505
To keep record of clippings...........................................................................................
Account with chief coiner........................................
505
To deliver copper planehets to chief coiner..............................................................
507
To exchange copper coins for other money..............................................................
507
To purchase bullion for subsidiary coins................................................................
512
Charges and credits on account thereof............................................................
512
To purchase bullion for cent piece.............................................................................
517
Offices in Philadelphia, San Francisco, and New Orleans, vacated...............
549
Duties to devolve upon superintendents..................................................................
549
To act as assistant treasurers of United States.....................................................
549
( See also Mint for duties of treasurers at particular places, etc.)
T reasurer of the U nited States :
To keep and disburse the moneys of the United States....................................
5
Provision for........................................................................................................................
5
D uties........................................................................................................................... 5.138, 254
To give bond................................................................................................................... .... 6 ,138
Not to be concerned in what.........................................................................................
6
Charged with custody of public moneys..................................................................
122
Public moneys in depositaries subject to draft of (sec. 3593, R. S . ) ...............
211
To perform duties of commissioners of Districtof Columbia sinking fu n d ..
239
Assistant treasurer provided..........................................................................................
242
Divisions of issue and redemption established.........................................................
253
Reimbursement for loss on recoinage uncurrent silver coins............................
256
To keep public moneys on default of designated deposatories to receive..
319
Duties relative redemption of national bank circulation....................................
351
Act and order of, as to additional national bank currency................................
468
To coin certain bullion and pay into the Treasury.............................................
527
INDEX.
805
T reasurer of the U nited States — Continued.
Page.
To redeem certain bank notes from general cash.................................................
591
Divisions of issue and redemption established.....................................................
612
Assistant treasurers. (See Assistant treasurers of the United States.)
T reasury D epartment :
Established.........................................................................................................................
5
65
Act establishing the, extended to territory of Louisiana....................................
Bureau of the Mint-provided. . . . . . ' ............................................................................
550
612
Divisions of Issue and Redemption established....................................................
T reasury N otes (see also United States notes):
Accounts of, to be kept..................................................................................... 118,152 , 106
Act of December 23, 1857, revived................................................................ 164,167,178
Acts of October 12 , 1837, etc., renewed.................................................................... ’ 121
Agents to sell; commissions.................................................................................... 82,85 90
Bonds of United States may be disposed of for......................................... 167,180 184
Borrowed on, money may be...................................................... 77, 9 3 ,118 ,12l’ 144 ’ 152
Canceled or destroyed, when received by United States, to b e.................. 98* 119
Cancellation, etc................................................................. 145,152,157,163, 639,'643’ 646
And destruction........................................... 98,119,120,121,127,176,177, 184 ’ 646
For silver dollars coined.................................................................................... ’ 254 ’ 797
On silver coinage......................................................................................... ' 255 , 6 I 4 ’ 708
’ 612
Of equal amount of silver dollars coined.........................................................
Certificates of deposit may be given for United States notes........................ 157 635
Collectors, etc., shall, on receiving, take a receipt.............................................. ’ 145
Convertible into bonds.............................................................................. 184,190,191, 645
Convertible into stock.......................................................................................... 93 , 145 ’ 446
Counterfeiting. (See Penalty).
Crediting collectors and other receivers of public money with...................... 93 ) 443
Credit for principal and interest to be given when received, in payment of
debts due the United States............................................................... 118,144,152, 210
Custody and disposal of, received.......................................................................... 152,157
Demand, payable where............................................................................................ 162,164
To be taken up.............................................. ............ - ....................................... 166, 635
Shall be lawful money and legal tender like United States notes.............
660
Not to redeem national-bank notes....................................................................
660
Denominations................................................................................................................. 77, 91,
117,120,121,127,130,143,151,156,160,162,166,190, 590, 643,698
Not less than $10................................................'........................ 162,176,184, 634, 643
Not less than $5.................................................................................................... 164, 635
How disposed of................................................................................................... 176,177
Destroying.............................................................................................................. 638, 646, 659
Disposal of, how................................................................................................... 184,191, 643
For what may be......................................................................................................
189
Due and unpaid to bear interest....................................................................... 95,132,134
Engraving and preparation............................ 428,658, 659, 661, 687,688, 690, 703, 710
Exchangeable for specie............................................................................................ 152,154
Stock or bonds...................................................................................................... 158,160
Interest-bearing bonds...........................................................................................
191
For any bonds.............................................................................................. 192,646,648
For 6 per cent bonds...............................................................................................
185
For otner notes..........................................................................................................
162
For United States notes..................................................................................... 176,643
Notes of 1890 for gold coin............................................................... 252, 253,611, 706
For coin................................................................................................................... 162,163
Expense of issue, etc.................................................................................... 90,94,119,120,
154,157,158,160,164,167,187,201,206, 218,428, 590, 661, 687, 690, 698
Form of.................................................................................... 90,178,187,190, 590, 639, 698
Statement of accrued interest, character, and penalty for counterfeit
ing to be printed thereon.................................................................................
178
Fraudulent, to be stamped....................................................................................... 427, 689
Officers for wrongfully stamping..................................................................... 427,689
Funding of........................................................... . ......................... 92,106,145,146,166, 636
Instructions relative to receiving or preparing.......................................................
187
Interest on..................................... 76, 77 , 82, 85, 91, 93,117,118,119,120,121,127,132,
134,135,143,152,154,156,157,159,160,161,162,163,175,184,190, 643
Not to bear................................................................................................. 91,92,162,634
Due to be paid..........................................................................................................
95
Payable when............................................................................................................
190
806
IN D EX .
T reasury N otes—Continued.
PageInterest payable in coin .............................................................................. 166,190,219
In lawful m oney.................................................................................... 176, 643
After maturity, payable in lawful m oney....................................................
185
To cease after notice or call......................................................... 143,152,156,161
191
Rate and character to be expressed..............................................................
(See also Interest.)
Issue of.......................... 76, 81,84, 89, 90, 91,117,120,121,127,130,132,133,134,143
146,151,152,156,161,162,163,165,175,184,190,590,633, 635,643,645
Noninterest bearing........................................................................... 91,92,162,634
Acts authorizing issue repealed................................................................
97
Power of President to issue to cease.................................. 119,147,153,157,163
Authority of President revived................................................................
154
In place of canceled..................................................................... 120,121,163
When stock can not be sold at par................................................................
132
Stock in lieu of, authorized........................................................ 134,135,146,160
Other notes for those redeemed........... 130,133,134,145,152,157,176, 633, 643
Instead of stock...................................................................................... 89,160
In lieu of certain bonds...................................................................... 184,189
Demand notes......................................................................................... 165, 636
United States notes.............................................................................
636
For supplies and materials..............................................................................
191
After 1862 forbidden.........................................................................................
160
To purchase silver bullion........................................................................... 590,698
In exchange for c o in .........................................................................................
634
Additional...........................................................................................................
635
710
Larger denominations in lieu of smaller retired.................................................
Legal tender...................................................................................... x............... 77, 82, 85,
93,118, 144,157,160, 176,177,184, 211,590, 635, 643, 645, 657, 660, 698
To same extent as United States notes...................... 169,176,380, 643,645, 660
Demand (United States)...................................................................... 166,169, 635
Demand (Treasury)...........................................................................................
660
Not for payment of national-bank circulation, w h e n .......... 185, 380, 646, 660
Notes authorized, no further issue o f . . . .......................................................
189
Not to be issued (March 3, 1865)............................................................
191
Limitation on issue......................................................... 77,81,84, 89, 91,117,121,127,
130,132,133,134,143,146,151,152,153,156,157,162,163,185,189,590
Whole amount.................................. 127,145,146,163,166,175,635, 643,646, 698
Upon deposits of United States notes with depositaries....................... 170,174
Lost or stolen, how to be paid................................................................................
102
Mutilated or injured may be replaced..................................................................
170
Destruction o f.....................................................................................................
170
Cancellation, redemption, replacing, etc.................................. 238,638,658,659
Not legal tender in redemption of bank notes....................................................
380
Not to be received, paid or funded, except at the Treasury...........................
106
“ Obligation or other securityof the United States, ” included in the words. 187,223
Officers receiving, etc., stolen uncanceled, to have credit for........................ ' 142
Outstanding not to exceed $5,000,000 (1840).......................................................
121
W hat................................................................................................................. 185,646
Volume of certain...............................
590
Paid out for public dues, etc., amount to b e ......................................................
162
Par, not to be issued under..................................................................................... 77, 93
Part national-bank reserve......................................................................................
590
(See also National banks.)
Payable to public creditors at par.......... 76,93,144,152,157,160,176, 211, 645,657
On demand authorized................................................................. 162,164,165,635
For what............ .
76, 77,82, 90, 93,117,120,127,157,160,162,163,176,134
Only at the Treasury........................................................................................
106
At other places...................................................................................................
164
In coin or lawful m oney....................................... " .........................................
190
Or its equivalent pledged............. ! ! ! ! ! ! ! ! ! ! ! 1 ! ! ! ! ! ! ! 1! 1 !! 2oi, 218,652, 661
Not before maturity, unless................................................................. 201,219,652
For debts due the United States....................." ! ! ! ” ! ! " ! ! ! " ! ! ____ 210,657
Payment of duties in demand notes...................................... ! ! ! ! ! ! ! ! ! . . .........
210
Penalty for counterfeiting, forging, e tc ...................................................
78,
83, 85, 90, 94, 111, 119,121,127,145,153,157,168,187,195,196,
197,222,223, 224, 225, 226,228,245, 246,313,640, 700, 703, 704
(See also Penalty.)
INDEX.
807
T reasury N otes—Continued.
Page.
Portrait or likeness of living person on, prohibited............................... 191, 211, 658
Name................................................................................................................
’ 244
Premium on sale of, to be accounted for (sec. 3652, R. S .).............................
217
Printing from hand-roller presses...................................................................... 250, 703
Public officer receiving, what to be credited and charged with. 77,82, 85, 93’ l l g
Purchase of, at par....................... - .......................................................... 78, 82,119,’ 145
Coin with........................
169,220
Purloined. (See Stolen, this title.)
Receipt of, except at Treasury, prohibited........................................................
106
To be taken on payment of........................................................................ 145,152
Receivable in payment of loans, certain.............................................................
86
In payment of loan........................................................................................ 94,175
For public dues, $50........................................................................................
165
For what......................................................................... 76, 77, 82, 85, 86, 90, 93, 94
95, 118, 120,127,140,144,152,157,160,165,166,169,171,175, 590, 635, 698
Redem ption.......................................................................... 76, 82,84,90,117,119,121
128,130,143,145,152,155,156,157,158,159,160,184,190,590,643,646,646
And purchase o f...............................................................................................
119
Of within a year if............................................................................................
121
By issue of stock...............................................................
128,134
Of stolen uncanceled, put into circulation; evidence required..............
142
Amount to be published.................................................................................
147
Money received under act of June 22, 1860........................................ .......
157
Residue of loan of June 22, 1860, to be applied to....................................
158
Out of surplus revenue (United States) to b e ............................................
234
At what ratio (United States) in excess of $300,000,000 ...........................
234
Before maturity............................................................................................ 202, 219
Of (United States notes), in coin and bonds..............................................
234
In gold coin (1890)....................................................................................... 252, 705
In gold.............................................................................................................
610
Of certain demand....................................................................................... 166, 635
Fund of gold coin and bullion........................................................... 252, 253, 705
Maintenance o f.............................................................................. 252, 253, 705
Lim it...........................................................................................................
706
254
Funds to be used for no other purpose........................................................
In coin.............................................................................- ..................................... 590,698
Secretary shall make regulations respecting mutilated or defaced.........
658
Reimbursement of..................................................... 77, 82,84, 90,117,119,143,144,145
Reissue of............. 92,121,130,133,133,134,145,152,154,163,177, 238, 590, 611, 698
Power to, to cease.............................................................. - .............. 119,120,153,163
Power of President to, revived...........................................................................
154
Of, act repealed........................................................................................................
97
Of new in place of worn-out, etc........................................................................
170
Of notes for $50 or less............................................................................................
163
Replacing in the Treasury........................................................................................ 155,158
Report to be made to Congress....................................................................... 147,163,192
Reserve fund for redeeming, of 1890..................................................................... 252, 253
Maintenance of..................................................................................................... 252,253
Addition to....................................... - .......................................................................
721
Retirement, proceeds of sale of bond for; am ount.......................................... 192, 649
238
(United States notes) prohibited; reissue, further.......................................
Rules and regulations as to receipt of.......................................................................
119
Sale and redemption.......................................................................................................
152
Or pledge of................... .................................................................... 82,85,93,144,152
Of, to pay Alabama claims. . ................................................................................
237
Seal of department on, not required..........................................................................
164
To be issued under..................................................................................................
162
Signing and countersigning............. 76,82,85, 90, 91,117,143,144,152,156,162,178
No salaried officer to receive compensation for..............................................
13 5
Sold, pledged, etc., for less than principal and interest, not to be.................
144
Signing by Treasurer and Register, and imprint of Treasury seal, to bear
written or engraved.....................................................................................................
178
And sealing................................................................................................................
187
By Treasurer, or some one for him; countersigning by Register, or for
him, and sealing...................................................................................................
164
15712°— 10-------53
808
IN D EX.
T reasury N otes —Continued.
Page.
Statement to be published, of issued or redeemed........................................ 119,147
Issued in relation to, m onthly........................................................................
157
Of interest, etc., o n ....................................................................................... 178,187
Stock may be issued instead, but at not less than par.....................................
146
Stolen, officers receiving to have credit, when...................................................
222
To reimburse officers for...................................................................................
135
To give officer credit for...................................................................................
142
Redemption o f.................... .............................................................................
142
Statement of payments for.............................................................................
142
Subscription for, to be opened...............................................................................
162
Substituted for Treasury or United States, may b e ...................................... 184, 646
Substitution of United States notes for.................................................... 166,635,646
Treasury notes for..............................................................................................
646
Taxation, exempt from state....................................................... 175,184,189, 220, 642
Subject to state............................................................................... 247,442, 600, 703
247
Circulating as currency subject to state.......................................................
Duty levied o n ...................................................................................................
188
Transferable, how ............................................. 77,82,85,90,91,118,130,144,152,157
United States notes may be used to purchase coin ...........................................
169
Worn-out, replacing and destroying.................................................................. 170, 638
T reasury of the U nited States :
Sums borrowed (1798) to be paid into..................................................................
53
Books opened for subscriptions for exchange of stock......................................
104
What constituted and declared to b e ................................................................ 121,136
What shall be (sec. 3591, R. S .).............................................................................
211
253
Division of Issue and Redemption in Treasurer’s office established.............
Duties...........................................................................................................................
254
Surplus in, to be deposited with States...............................................................
320
Establishment of the Currency Bureau. (See Comptroller of the Currency.)
T reasury , S ecretary of . (See Secretary of the Treasury.)
T rial P ieces . (See Coinage.)
T rust Companies :
To report to the Comptroller of the Currency.....................................................
290
Subject to banking laws...........................................................................................
290
291
Incorporation of, in the District of Columbia.....................................................
Comptroller to take possession................................................................................
291
To make report to comptroller............................................................................ 406, 407
To report to comptroller...........................................................................................
428
In Indian Territory.............................................
450
Branch at Louisiana Purchase Exposition...........................................................
451
(See also District of Columbia.)
T rust F u n ds :
Held by United States, investment o f.................................................................
218
T wo -C ent P iece . (See Coin.)
U niformity . (See Coins; Mints; Weights.)
U nion P acific R ailroad Com pany :
Incorporation o f..........................................................................................................
171
Government bonds to aid construction................................................................
171
Lien of United States...............................................................................................
17*
Bonds, when and how paid.....................................................................................
17"
Difficult parts of the road, in what amounts bonded........................................
17"
Congress may compel speedy completion of road..............................................
17"
Amounts to be reserved until com pletion........................................................ 173,174
Forfeiture.....................................................................................................................
174
To designate general route of road.........................................................................
194
Lands along entire line to be reserved..................................................................
194
194
Amount of bonds entitled to, if............................................ ................................
Bonds issued to, may be of larger denominations than $1,000........................
*9'^
Amount for freight to offset interest and earnings due United States........ 208,223
United States may pay prior liens and be subrogated......................................
243
Proceedings to protect the United States............................................................
244
Investment of sinking funds...................................................................................
244
Settlement with Central and Western Pacific railroads....................................
250
Foreclosure..................................................................................................................
251
ISee also Pacific railroads.)
INDEX.
U nited St a t e s :
80 9
Page.
Authority to borrow money (Confederation)..................................................
X
Emit bills (Confederation).........................................' ............... . . ! ! ! ! ! ’
Not to coin money, unless (Confederation)............! ” ! " ! ! ! ! " " ! ! ! ! ! ! ! ! !
Nor regulate the value thereof, unless (Confederation)..................................
1
Nor emit bills, unless (Confederation).................................................................
1
1
Nor borrow money, unless (Confederation)........................................................
Pledge for bills, money borrowed, and debts (Confederation).......................
1
To transmit to States an account of money borrowed or emitted (Confedera
tion) ........................................................................................................................
X
Congress to make laws relating to loans, coinage, etc.......................................
3
Appropriations for support of (see also Appropriation).....................................
7
Redemption of domestic loan, on what terms.................................................... 9,10
Debt of, to be purchased (see also Public debt)................................................
17
Settlement of accounts between, and States...................................................... 15,17
Time of settlement extended.................................................................................
17
To subscribe to stock of Bank of United States................................................
21
States indebted to, may obtain a discharge........................................................
54
Payments to, to what officers.................................................................................
139
All dues to, shall be paid in gold and silver coin on ly....................................
140
Trust funds held by, to be invested.....................................................................
218
To subscribe to stock of Bank of United States............................................ 275,298
Stock of, in Bank of United States—settlement..............................................
310
Bonds of, in Bank of United States—sale o f .......................... - .........................
310
Secretary of Treasury to act as agent of, in matters relating to bank of
United States........................................................................................................
310
Not to be liable in assaying gold in California...................................................
510
Liability to redeem Hawaiian money..................................................................
618
Banks in the District of Columbia may loan to the United States.................. 629
(See also Faith of the United States; Loans; Banks, etc.)
“ U nited S tates B o n d s : ”
Defined (see Bonds of United States)....................................................... 223, 331, 389
U nited States N o t e s :
Act of December 23, 1857, ch. 1, revived........................................ 164,167,178, 637
Bonds of United States to be issued on deposit o f............................................... 166,635
May be disposed of for......................................................................... 166, 635, 636
Exchanged for...........................................................................................
639
Cancellation..................................... 184,192, 200, 238, 639, 646, 649, 651, 659, 692, 708
And substitution................................................................................... 255,457, 708
Of, suspended........................................................................................ 651,659, 692
Of, prohibited...................................................................................................
238
Certificates of deposit to be issued for............... 166,167,185,373,400,635,637, 639
May be accepted in settlement of clearing-house balances.......... 373,400, 669
Coin may be purchased w ith.................................................................................... 169,220
Convertible into bonds....*................................................................................. 166,191
Coin..........................................................................................- ..................... 202,219
Counterfeiting, etc. (See Penalty.)
Denominations....................................................... 165,177,457, 635,638, 642, 644, 657
Small...................................................................................................................
638
Deposits of, may be received.............................. 166,167,185, 635, 637, 639 646, 668
Withdrawal of................................................................................ 168,174, 637, 640
Limitation on amount modified....................................................................
170
Repealed....................................................................................................... 174,639
Aggregate o f........................................................................................... 168,186, 637
Reserve to pa y............................................................................... 174,186, 640, 646
Interest to determine at pleasure of Secretary....................................... 168,637
To redeem certain certificates............... ............................................ 374,401, 669
Interest on, may be increased or diminished.............................................
186
Destroying....................................................................... 170,184,
638, 643, 646,659
By maceration...................................................................................................
684
Engraving and preparation.......................... 428, 658, 659, 661,687, 688, 690, 703, 710
And printing of, inTreasury Department___ 428, 639, 658, 687, 688, 690, 710
Exchange of, for postage stamps...........................................................................
641
Treasury notes....................................................................................... 176, 643, 644
Certificates convertible into bonds.................................................................. 166,639
Bonds............................................................................................... 177,192,639,644
15712°— 10------52
810
IN D EX .
Page.
U nited States N otes —Continued.
Exchange of, fractional n otes............................................................ 177,645, 65s. fi>9
C o in ................................................................................. 252,253,576,661, 689,705
And reissue....................................................................................................... .
611
Expense of issue, e tc..................................... 167,187,206, 218, 640, 659, 661, 687,690
Form.................................................................. 167,177,178,187, 636, 639,642, 644.657
Fractional notes exchangeable for (see also Currency ).................................. 645.658
Fraudulent to be stamped................................................................................... 427.689
Officers liable for wrongfully stamping..................................................... 427.689
Included in “ obligations or other security of the United States” ............. 187,223
Instructions relative receiving or preparing......................................................
187
Interest on ............................................................................................................... 168, 637
Payable in coin .............................................................................................. 166,219
Interest, not to bear (see also Interest)...................... 165,177, 635, 638,642, 644.657
Issue o f.............................................................. 165,176,186, 635, 638, 642, 643, 644, 646
For exchanges................................................................................................. 176, 643
In lieu of notes canceled..................................................................... 177, 639.644
In lieu of demand treasury notes....................................................... 166, 635.644
No further, of legal tender authorized...................................................... 189,191
When deficiency in small silver certificates.,........................................ 457.713
To exchange for treasury notes........................................................... 176, 643.644
To Union Pacific Railroad Company.......................................................... .
171
When deficiency in small silver certificates.............................................. .
457
638
Not for fractional part of a dollar................................................................. .
Larger denominations in lieu of small retired................................................. 697,710
Lawful money. (See Legal tender, this title.)
Legal tender..................................................... 166,177,635,638, 642, 644, 646, 657.659
Legal tender notes, further retirement prohibited......................................... 238, 691
To be paid out again..................................................................................... 238, 691
423
To be redeemed...................................................................... ......................... .
Subject to state taxation.............................................................................. 442,600
Exchange of coin for.............................................................. 252,253,576, 661.689
Held as a special fund for retirement of fractional currency....... 576, 689, 693
693
T o be paid out for pensions................................................................... .
576
Reissue upon retirement of fractional currency....................................... .
Limitation on amounts.................................................. 166,175,176,635,643, 646,682
185
Never to exceed $450,000,000........................................................................
Amount with depositaries................................................ ........................... 170,174
Maximum of outstanding...................................... 234,420,422,457, 682, 684.713
To appear in public debt statement.......................................................... 420, 682
Mutilated, replacing, canceling, and destroying.. 170,200,2:38,638,651, 658, 659, 692
238
To be canceled and new notes issued instead......................................... .
170
Or injured may be replaced.......................................................................... .
170
Destruction o f............................................................................................. ..... .
National banks not to loan on or withhold from use...................... 366,670, 405,651
Noninterest bearing, issue.................................................... 165,177,635,638, 642.657
Penalty. (See Penalty.)
Portrait of living person on, prohibited.................................................... 191, 211,658
244
Name..................................................................................................................
Payable to bearer................................................................................................... 635, 657
In coin .............................................................................................. 201,639, 652,661
182
For gold coin or bullion................................................................................. .
Not before maturity unless.......................................................................... 201.219
Payment in coin or its equivalent pledged..................................... 201, 218, 652,661
210
Of dues to United States in ..........................................................................
Printing from hand-roller presses....................................................................... 250,703
Provisions of act of February 25, 1862, applicable to act of July 11, 1862.. 440,640
Receivable for what taxes, etc..................................................... ..
166,635, 637,638
185
On loan..............................................................................................................
i6 6 ,636
In payment of loans..................................................................................
On deposit from national banks.................................................. 373, 400, 613,668
Redem ption..................................................................................... 184,646,652, 658. 661
In coin ...................................................................... 202,218,219,234,423,
After to be reissued.........................................................................................
In gold coin (1890).........................................................................................
INDEX.
811
United States N otes—Continued.
Page.
Redemption out of surplus revenue....................................................................
234
Of excess of $300,000,000; ratio................................................................ 234,685
Sale of bonds to provide means to redeem in coin................................ 234,686
Fund of gold coin and bullion........................................................... 252,253, 705
Maintenance of.............................................................................. 252,253, 705
To be reissued.......................................- ..........................................................
253
On increase of national-bank circulation.....................................................
422
Of national-bank notes w ith..................................................... .....................
418
When bullion fund below $100,000,000........................................................
434
Of certificates issued to national banks with................................... 374,400, 401
Before maturity..................................................................................... 202,219’ 661
Funds to be used for no other purpose.........................................................
254
Regulations respecting mutilated and defaced..........................................
658
Reissue o f......................................... 177,238,253,255,611,636,638,639, 644,659, 692
Redeem ed...................................................................................................... 238,’ 253
Exchanged.........................................................................................................
639
In place of worn-out, mutilated, etc........................................................ 170, 238
To be held in reserve fund......................................................................... 253,706
Upon retirement of fractional currency.......................................................
576
Replacing from sales of Treasury notes........................................................... 176,644
Mutilated, etc........................................................................................ 200,238,659
Reserve, not to be held as part of........................................................................
682
To pay temporary loan............................................................................... 186, 646
Not to be held as a...........................................................................................
420
Fund for redeeming, of 1890............................................................... 252,253, 705
Maintenance.................................................................................. 252,253,705
Lim it...........................................................................................................
706
Additions to...............................................................................................
721
Retirement, with proceeds of bonds......................................... 192,649,651,659,708
Prohibited............................................................. ................................ 238,692,722
Suspended..................................................................................................... 200,659
Limitation on ....................................................................................................
192
And substitution...............................................................................................
613
Of higher denominations............................................................................. 457, 713
Seal.......................................................................................................... 167,178,187,636
Signing, countersigning, sealing........................................................ 167,178,187, 636
Stamps receivable in exchange for.......................................................................
641
Statement of what to be printed on................................................................. 178,187
Substitution for Treasury notes......................................................... 166,184,635, 646
United States notes...................................................................................... 184,646
Taxation, exempt from state.............................................................. 175,184,220, 642
Subject to state............................................................................. 247,442,600,702
Duty levied on .............................................................................................
188
W orn-out, replacing and destroying.................................................................
7
638
U nited States T reasury . (See Treasury of the United States.)
V alue (see also Coin):
Of coin, regulating the........................................................................................ 473,567
Not to regulate, unless (confederation).......................................................
1
Dollar, the standard of, and parity to be maintained......................................
252
Of money, regulating the................... ..........................; .................................. 473, 610
Of certificates receivable from subscribers to domestic loan........................... 9 ,10
Foreign coin, how ascertained................................................................... 3,4,209,567
To be estimated annually........................................................................... 209,567
To be estimated quarterly— — .................
593
Fixing, of foreign currency (Constitution) (see Coin)........................................
3
Power to regulate, of coins (Constitution)...........................................................
3
Foreign (Constitution).....................................................................................
3
Sovereign or pound sterling...................................................................................
567
United States not to regulate, of money unless (confederation)....................
1
V ESSELS!
Loan to build....................................................................
W arrants :
lo r payment of money, Assistant Secretary of the Treasury may be dele
gated to sign................................................ ......................... /
J.................
W ashington , City of . (See District of Columbia.)
33
499
INDEX.
812
W
astage
( in M in t ) :
Page.
Allowance for...............
504
No allowance in copper coinage.............................................................................
507
Bullion fund to be charged w ith...........................................................................
538
What allowable as necessary............................................................................... 542,562
W eights
and
Measu res
(see also Coins):
Fixing standard o f......................................................................................... 473,544,564
Brass troy pound to be standard................................................................ 494,544,564
A series of standard weights to be procured............................................ 494,544,564
To be regulated at least annually...................................................................... 494,544
Power to fix standards of (Constitution)..............................................................
3
W e st e r n P acific R a il r o a d :
Settlement w ith.........................................................................................................
Foreclosure..................................................................................................................
o
250
251
IH B k
j
L ......
@FedFRASER