Ibid., 8. 2.

SEC. 3570. The tables in the schedule hereto annexed Authorized tables of weights shall be recognized in the construction of contracts, and in and measures all legal proceedings, as establishing, in terms of the weights and measures now in use in the United States, the equivalents of the weights and measures expressed therein in terms of the metric system; and the tables may lawfully be used for computing, determining, and expressing in customary weights and measures the weights and measures of the metric system.

MEASURES OF LENGTH.

THE CURRENCY.

notes.

United States SEC. 3571. United States notes shall be of such denomi nations no[t] less than one dollar, as the Secretary of the 73, s. 3. v. 12, p. Treasury may prescribe, shall not bear interest, shall be

3 Mar.. 1863, c.

, ante, p. 55.

11 Jan., 1863, payable to bearer, and shall be in such form as the Secretary may deem best.

res. 9, v. 12, p.

822, ante, p. 53.

11 July, 1862, c.

142, s. 1. v. 12, p. 532, ante, p. 50; 25 Feb., 1862, c. 33, s. 1, v. 12, p. 345, ante, p. 44.

[See R. S., ss. 5413,

Amount of frac

tional currency

5414, post, p. 135.]

SEC. 3572. The whole amount of notes or stamps for the authorized. fractions of a dollar, issued as currency, shall not, at any

C

20 June, 1864, c time, exceed fifty millions of dollars.

172, s. 5, v. 13, p.

220, ante, p. 66.

than ten cents.

16 May., 1866, c.

No issue less SEC. 3573. No issue of fractional notes of the United States shall be of a less denomination than ten cents; and 1e1, 8. 3,ante, p. 77. all issues of a less denomination shall, when paid into the Treasury or any designated depository of the United States, or redeemed or exchanged as now provided by law, be retained and canceled.

Form and redemption of fractional notes.

SEC. 3574. The notes of the fractional currency shall be in such form, with such inscriptions, and with such safe3 Mar., 1963. c. guards against counterfeiting as the Secretary of the Treasury 711, ante, p. 56. may deem best. They shall be exchangeable by the assist172, s. 5, v. 13, p. ant treasurers and designated depositaries for United States

73, s. 4, v. 12, p.

30 June, 1864, c.

220, ante, p. 66.

Preparation of

notes.

30 June, 1864, c.

notes in sums of not less than three dollars; and shall be receivable for postage and revenue stamps, and for all dues to the United States, except customs, in sums not over five dollars, and shall be redeemed on presentation at the Treasury of the United States in such sums and under such regulations as the Secretary of the Treasury shall prescribe.

SEC. 3575. The Secretary of the Treasury may provide for the engraving and preparation, and for the issue of frac 172, s. 5, v. 13, p. tional and other notes, and shall make such regulations for 3 Mar., 1863, c. the redemption of such notes when mutilated or defaced, and for the receipt of fractional notes in payment of debts

220, ante, p. 66.

73, s. 4, v. 12, p. 711, ante, p. 56.

Portraits of liv.

ing persons not

to the United States, except for customs, in such sums, not over five dollars, as may appear to him expedient.

SEC. 3576. No portrait shall be placed upon any of the to be placed on bonds, securities, Lotes, fractional or postal currency of the United States, while the original of such portrait is living.

bonds or notes.

7 Apr., 1866,c.28,

8. 12, v. 14.

Engraving and printing notes.

SEC. 3577. The Secretary of the Treasury may cause notes to be engraved, printed, and executed, at the Depart142, s. 2, v. 12, p. ment of the Treasury in Washington, and under his direc

11 July, 1862, c.

532, ante, p. 51.

5433, 5453, post,

[See R. S., ss. tion, if he deem it inexpedient to procure them to be enpp. 137, 138.] graved and printed by contract; and he may purchase and provide all the machinery and materials, and employ

such persons and appoint such officers as are necessary for this purpose.

Expenses of issuing notes. 30 June, 1954, .

172, s. 9, v. 13, p.

SEC. 3578. The necessary expenses of engraving, printing, preparing, and issuing the United States notes, Treasury notes, and fractional notes shall be paid out of any 221, ante, p. 68. money in the Treasury not otherwise appropriated; but no extra compensation for preparing, signing, or issuing such notes shall be allowed to any officer whose salary is fixed by law.

SEC. 3579. When any United States notes are returned to the Treasury, they may be re-issued, from time to time, as the exigencies of the public interest may require.

Reissue of United States notes. Mar., 1863, c.

3

73, s. 3, v. 12, p. 710, ante, p. 56;

11 July, 1862, c. 142, s. 1, v. 12, p. 532, ante, p. 51; 25 Feb., 1862, c. 33, s. 1, v. 12, p. 345, ante, p. 45.

tilated notes.

17 Mar., 1862, c. 45, 8. 4, v. 12, p.

SEC. 3580. When any United States notes returned to Replacing mu the Treasury are so mutilated or otherwise injured as to be unfit for use, the Secretary of the Treasury is authorized to 370, ante, p. 50. replace the same with others of the same character and amounts.

notes.

Ibid.

SEC. 3581. Mutilated United States notes, when replaced Destruction of according to law, and all other notes which by law are required to be taken up, and not re-issued, when taken up, shall be destroyed in such manner and under such regulations as the Secretary of the Treasury may prescribe. SEC. 3582. The authority given to the Secretary of the the currency susTreasury to make any reduction of the currency, by retiring and canceling United States notes, is suspended.

Reduction

pended.

of

4 Feb., 1868, c 6, v. 15, p. 34, ante,

p. 78; 12 April, 1866, c. 28, s. 1, v. 14, p. 31, ante, p.

75.

Restriction on notes less than

17 July, 1862, c.

SEC. 3583. No person shall make, issue, circulate, or pay out any note, check, memorandum, token, or other obliga- one dollar. tion for a less sum than one dollar, intended to circulate as 196, s. 2, v. 12, p. money or to be received or used in lieu of lawful money of 592, ante, p. 53. the United States; and every person so offending shall be fined not more than five hundred dollars or imprisoned not more than six months, or both, at the discretion of the court.

LEGAL TENDER.

SEC. 3584. No foreign gold or silver coins shall be a legal Foreign coins. tender in payment of debts.

}

21 Feb., 1857, c. 56, s. 3, v. 11, p. 163, ante, p. 25.

Gold coins of the United

States.

SEC. 3585. The gold coins of the United States shall be a legal tender in all payments at their nominal value when not below the standard weight and limit of tolerance pro- 131, s. 14, v. 17, p.

12 Feb., 1873, c.

vided by law for the single piece, and, when reduced in 426, ante, p. 92. weight below such standard and tolerance, shall be a legal tender at valuation in proportion to their actual weight..

Silver coins of SEC. 3586. The silver coins of the United States shall be the United States. a legal tender at their nominal value for any amount not exceeding five dollars in any one payment.

Ibid., s. 15, ante, p. 93,

[Legal-tender quality of trade-dollar repealed by res. of 22 July, 1876, post, p. 148.]

Minor coins.

Ibid., s. 16.

notes.

SEC. 3587. The minor coins of the United States shall be a legal tender, at their nominal value for any amount not exceeding twenty-five cents in any one payment.

United States SEC. 3588. United States notes shall be lawful money, 3 Mar., 1863, s. and a legal tender in payment of all debts, public and private, within the United States, except for duties on im

3, v. 12, p. 711, ante, p. 56.

11 July, 1862, s. ports and interest on the public debt.

1, v. 12, p.532, ante,

p. 50; 25 Feb., 1862, s. 1, v. 12, p. 345, ante, p. 44. [For reference to cases, see R. S., s. 3588.]

ury notes.

45, s. 2, v. 12, p.

Demand Treas- SEC. 3589. Demand Treasury notes authorized by the act 17 Mar., 1862, c. of July seventeen, eighteen hundred and sixty-one, chapter 370, ante, p. 49. five, and the act of February twelve, eighteen hundred and 17 July, 1861, c 5, s. 1, v. 12, p. 259 Sixty-two, chapter twenty, shall be lawful money and a legal tender in like manner as United States notes.

a le, p. 38.

12 Feb., 1862, c.

20, v. 12, p. 338, ante, p. 44; 25 Feb., 1862, c. 33, s. 1, v. 12, p. 345, ante, p. 44.

ng notes.

73, s. 2, v. 12, p.

710, ante, p. 55.

30 June, 1864, c.

218, ante, p. 64.

Interest-bear- SEC. 3590. Treasury notes issued under the authority of 3 Mar., 1863, c. the acts of March three, eighteen hundred and sixty-three, chapter seventy-three, and June thirty, eighteen hundred 172, s. 2, v. 13, p. and sixty-four, chapter one hundred and seventy-two, shall be legal tender to the same extent as United States notes, for their face value, excluding interest: Provided, That Treasury notes issued under the act last named shall not be a legal tender in payment or redemption of any notes issued by any bank, banking association, or banker, calcu lated and intended to circulate as money.

Permanent annual appropriations.

PERMANENT ANNUAL APPROPRIATIONS.

*

SEC. 3689. There are appropriated, out of any moneys in the Treasury not otherwise appropriated, for the purposes hereinafter specified, such sums as may be necessary for the same respectively; and such appropriations shall be deemed permanent annual appropriations.

9 Feb. 1847, c. 7, v. 9, p. 123.

Ibid.

1 July, 1862, c.

120, s. 5, v. 12, p. 192 post, p. 223.

2 July, 1864, c.

Interest on the public debt:

For payment of interest on the public debt, under the several acts authorizing the same.

Bonds issued to Pacific Railway:

For payment of interest on bonds issued by authority of law to Pacific Railway.

216, ss. 7, 8, v. 13, p. 359, post, p. 227.

Expenses of national loan:

To pay the expenses of the issue, re-issue, transfer, delivery, redemption, and destruction of securities, legal-tender notes, fractional currency, checks, certificates, commissions, and for any plate and seal engraving and printing required by the Treasury Department, one per centum of the amount of legal-tender notes, fractional currency, and securities issued during each fiscal year.

Refunding the national debt:

23 May, 1872, c. 197, v. 17, p. 156, ante, p. 87.

14 July, 1870, c. 256, s. 2, v. 16, p.

272, ante, p. 83.

20 Jan., 1871, c.

Of one-half of one per centum of the amount of bonds authorized under the act of July fourteen, eighteen and sev- 23, v. 16, p. 399, enty, to pay the expenses of preparing, issuing, and disposing of the same.

Sinking fund:

ante, p. 85.

25 Feb., 1862, c. 33, s. 5, v. 12, p.

Of one per centum of the entire debt of the United States, 346, ante, p. 46. to be set apart as a sinking fund for the purchase or payment of the public debt, in such manner as the Secretary of the Treasury shall from time to time direct.

THE PUBLIC DEBT.

coin.

SEC. 3693. The faith of the United States is solemnly Payment in pledged to the payment in coin or its equivalent of all the 18 Mar., 1869, c. obligations of the United States not bearing interest, known 1, v. 16,ante, p. 79. as United States notes, and of all the interest-bearing obligations of the United States, except in cases where the law authorizing the issue of any such obligation has expressly provided that the same may be paid in lawful money or other currency than gold and silver. But none of the interest-bearing obligations not already due shall be redeemed or paid before maturity, unless at such time United States notes are convertible into coin at the option of the holder, or unless at such time bonds of the United States bearing a lower rate of interest than the bonds to be redeemed can be sold at par in coin. The faith of the United States is also solemnly pledged to make provisions at the earliest practicable period for the redemption of the United States notes in coin.

coin paid for du

ties.

SEC. 3694. The coin paid for duties on imported goods shall Application of be set apart as a special fund, and shall be applied as follows: First. To the payment in coin of the interest on the bonds and notes of the United States.

Payment of interest on public debt.

25 Feb., 1862, c. 33, s. 5, v. 12, p. 346, ante, p. 46.

See act of Mar.

3, 1875, post, p. 145.

Second. To the purchase or payment of one per centum Sinking fund. of the entire debt of the United States, to be made within, each fiscal year, which is to be set apart as a sinking-fund, and the interest of which shall in like manner be applied to the purchase or payment of the public debt, as the Secretary of the Treasury shall from time to time direct.