The Money of the Constitution
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44 Monday, October i6, 1786. It is hereby ordered : An Assay Master, whose duty it shall be to re- ceive gold and silver in bullion, or foreign coin, to assay same and to give his certificates for the value thereof at the following rates : For every pound troy weight of uncoined gold or foreign gold coin, eleven parts fine and one part alloy, 209 dollars, 7 dismes and 7 cents, money of the United States, as established by the resolves of Congress of the 8th of August last, and so in proportion ...to the fine gold contained in any coined or uncoined gold whatsoever.
For every pound troy weight of uncoined silver, or foreign silver coin, eleven parts fine and one part alloy, 13 dollars, 7 dismes, 7 cents and 7 mills, money of the United States, established as aforesaid ; and as in proportion to the fine silver contained in any coined or uncoined silver what- soever. — Mint Ordinance.
Note : The mint charge, fixed is about two per cent, upon both gold and silver, bringing the rate of bullion at the mint to 15.
What to read after The Money of the Constitution?
You can find similar books in the "Read Also" column, or choose other free books by Foote, Allen Ripley, 1842-1921 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
44 Monday, October i6, 1786. It is hereby ordered : An Assay Master, whose duty it shall be to re- ceive gold and silver in bullion, or foreign coin, to assay same and to give his certificates for the value thereof at the following rates : For every pound troy weight of uncoined gold or foreign gold coin, eleven parts fine and one part alloy, 209 dollars, 7 dismes and 7 cents, money of the United States, as established by the resolves of Congress of the 8th of August last, and so in proportion ...to the fine gold contained in any coined or uncoined gold whatsoever.
For every pound troy weight of uncoined silver, or foreign silver coin, eleven parts fine and one part alloy, 13 dollars, 7 dismes, 7 cents and 7 mills, money of the United States, established as aforesaid ; and as in proportion to the fine silver contained in any coined or uncoined silver what- soever. — Mint Ordinance.
Note : The mint charge, fixed is about two per cent, upon both gold and silver, bringing the rate of bullion at the mint to 15.
What to read after The Money of the Constitution?
You can find similar books in the "Read Also" column, or choose other free books by Foote, Allen Ripley, 1842-1921 to read onlineMoreLess
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