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OBLIGATIONS OF THE UNITED STATES DEFINED. 230. Sec. 5413 [as amended 1875, 1877).-The words , Act June 30,

1864, c. 172, “ obligation or other security of the United States” shall sec. ' 13 ; 13 be held to mean all bonds, certificates of indebtedness, Act Feb.is, national-bank currency, coupons, United States notes, stat. 1., 9320. Treasury notes, fractional notes, certificates of deposit, Act Feb. 27, bills, checks, or drafts for money drawn by or upon au- stat.

” L., 253. thorized officers of the United States, stamps and other representatives of value, of whatever denomination, which have been or may be issued under any act of Congress. FORGING OR COUNTERFEITING UNITED STATES SECU.

RITIES. 231. Sec. 5414.—Every person who, with intent to de- 1Act June 30, fraud, falsely makes, forges, counterfeits, or alters any sec 10; 13

Stat. L., 221 obligation or security of the United States shall be punished by a fine of not more than five thousand dollars and by imprisonment at hard labor not more than fifteen years. COUNTERFEITING NATIONAL-BANK NOTES. 232. Sec. 5415.-Every person who falsely makes, Act Feb. 25,

68, forges, or counterfeits, or causes or procures to be made, sec. 57; forged, or counterfeited, or willingly aids or assists in Stat. L: 1680. falsely making, forging, or counterfeiting, any note in 1861. se: 108 imitation of, or purporting to be in imitation of, the cir- stat. L., 117. culating notes issued by any banking association now or hereafter authorized and acting under the laws of the United States; or who passes, utters, or publishes, or attempts to pass, utter, or publish, any false, forged, or counterfeited note purporting to be issued by any such association doing a banking business, knowing the same to be falsely made, forged, or counterfeited, or who falsely alters, or causes or procures to be falsely altered, or willingly aids or assists in falsely altering any such cicrulating notes, or passes, utters, or publishes, or attempts to pass, utter, or publish as true, any falsely altered or spurious circulating note issue, or purporting to have been issued, by any such banking association, knowing the same to be falsely altered or spurious, shall be imprisoned at hard labor not less than five years nor more than fifteen years, and fined not more than one thousand dollars.

NOTE.-Sections 5416 to 5429, inclusive, do not refer to nationalbank circulation. USING PLATES TO PRINT NOTES WITHOUT AUTHORITY.

233. Sec. 5430.-Every person having control, custody, Act June 30, or possession of any plate, or any part thereof, from 1864. 11:17% which has been printed, or which may be prepared by direction of the Secretary of the Treasury for the purnose of printing, any obligation or other security of the United States, who uses such plate, or knowingly suffers the same to be used for the purpose of printing any such or similar obligation, or other security, or any part

Stat. L., 221.

thereof, except as may be printed for the use of the United
States by order of the proper officer thereof; and every
person who engraves, or causes or procures to be en-
graved, or assists in engraving, any plate in the likeness
of any plate designed for the printing of such obligation
or other security, or who sells any such plate, or who
brings into the United States from any foreign place
any such plate, except under the direction of the Secre-
tary of the Treasury or other proper officer, or with any
other intent, in either case, than that such plate be used
for the printing of the obligations or other securities of
the United States; or who has in his control, custody, or
possession any metallic plate engraved after the simili-
tude of any plate from which anv such obligation or other
security has been printed, with intent to use such plate, or
suffer the same to be used in forging or counterfeiting
any such obligation or other security, or any part thereof;
or who has in his possession or custody, except under
authority from the Secretary of the Treasury or other
proper officer, any obligation or other security, engraved
and printed after the similitude of any obligation or
other security issued under the authority of the United
States, with intent to sell or otherwise use the same; and
every person who prints, photographs, or in any other
manner makes or executes, or causes to be printed, pho-
tographed, made, or executed, or aids in printing, photo-
graphing, making, or executing any engraving, pho-
tograph, print, or impression in the likeness of any such
obligation or other security, or any part thereof, or who
sells any such engraving, protograph, print, or impres-
sion, except to the United States, or who brings into the
United States from any foreign place any such engrav-
ing, photograph, print, or impression, except by direc-
tion of some proper officer of the United States, or who
has or retains in his control or possession, after a dis-
tinctive paper has been adopted by the Secretary of the
Treasury for the obligations and other securities of the
United States, any similar paper adapted to the making
of any such obligation or other security, except under
the authority of the Secretary of the Treasury or some
other proper officer of the United States, shall be pun-
ished by a fine of not more than five thousand dollars, or
by imprisonment at hard labor not more than fifteen
years, or by both.
PENALTY FOR PASSING COUNTERFEIT CIRCULATION.

234. Sec. 5431.—Every person who, with intent to deio; 13 fraud, passes, utters, publishes, or sells, or attempts to stat. L., 221. pass, utter, publish, or sell, or brings into the United

States with intent to pass, publish, utter, or sell, or keeps in possession or conceals, with like intent, any falsely made, forged, counterfeited, or altered obligation, or other security of the United States, shall be punished by a fine of not more than five thousand dollars and by imprisonment at hard labor not more than fifteen years.

Act June So, 1864,

c. 172, Bec.

.

1

5, 1867, C. 26, sec. 5; 14

. .

PENALTY FOR TAKING UNAUTHORIZED IMPRESSION OF

TOOLS. 235. Sec. 5432.—Every person who, without authority Act Feb.

1867,

26, from the United States, takes, procures, or makes, upon se 4;

Stat. L., 383. lead, foil, wax, plaster, paper, or any other substance or material, an impression, stamp, or imprint of, from, or by the use of, any bedplate, bedpiece, die, roll, plate, seal, type, or other tool, implement, instrument, or thing used or fitted, or intended to be used, in printing, stamping, or impressing, or in making other tools, implements, instruments, or things, to be used, or fitted or intended to be used, in printing, stamping, or impressing any kind or description of obligation or other security of the United States, now authorized or hereafter to be authorized by the United States, or circulating note or evidence of debt of any banking association under the laws thereof, shall be punished by imprisonment at hard labor not more than ten years, or by a fine of not more than five thousand dollars, or both PENALTY FOR HAVING SUCH IMPRESSIONS.

236. Sec. 5433.-Every person who, with intent to de-Act Feb. fraud, has in his possession, keeping, custody, or control, without authority from the United States, any imprint, stat. L., 384. stamp, or impression, taken or made upon any substance or material whatsoever, of any tool, implement, instrument, or thing used, or fitted, or intended to be used for any of the purposes mentioned in the preceding section; or who, with intent to defraud, sells, gives, or delivers any such imprint, stamp, or impression to any other person, shall be punished by imprisonment at hard labor not more than ten years, or by a fine of not more than five thousand dollars. PENALTY FOR DEALING IN COUNTERFEIT CIRCULATION. 237. Sec. 5434.—Every person who buys, sells, ex

1867, changes, transfers, receives, or delivers any false, forged, sec: counterfeited, or altered obligation or other security of Stat. L. 383. the United States, or circulating note of any banking association organized or acting under the laws thereof, which has been or may hereafter be issued by virtue of any act of Congress, with the intent that the same be passed, published, or used as true and genuine, shall be imprisoned at hard labor not more than ten years, or fined not more than five thousand dollars, or both.

Note.—Sections 5435 and 5436 do not refer to national-bank circulation. ISSUING CIRCULATION OF EXPIRED ASSOCIATIONS, PEN

ALTY THEREFOR. 238. Sec. 5437.-In all cases where the charter of any

Act July 7,

1838, c. corporation which has been or may be created by act of sec. 1; stat: Congress has expired or may hereafter expire, if any di-L, 297. rector, officer, or agent of the corporation, or any trustee thereof, or any agent of such trustee, or any person having in his possession or under his control the property of the

Act Feb. 5,

c. .

26,

1;

185, 240. Section 1. Gold dollar declared to 245. Sec. 6. Issue of gold certificates. be standard unit of value.

corporation for the purpose of paying or redeeming its notes and obligations, knowingly issues, reissues, or utters as money, or in any other way knowingly puts in circulation any bill, note, check, draft, or other security purporting

to have been made by any such corporation whose charter has expired, or by any officer thereof, or purporting to have been made under authority derived therefrom, or if any person knowingly aids in any such act, he shalí be punished by a fine of not more than ten thousand dollars, or by imprisonment not less than one year nor more than five years, or by both such fine and imprisonment. But nothing herein shall be construed to make it unlawful for any person, not being such director, officer, or agent of the corporation, or any trustee thereof, or any agent of such trustee, or any person having in his possession or under his control the property of the corporation for the purpose hereinbefore set forth, who has received or may hereafter receive such bill, note, check, draft, or other security, bona fide and in the ordinary transactions of business to utter as money and otherwise circulate the same. FRAUDULENT NOTES TO BE SO MARKED BY UNITED

STATES OFFICERS AND OFFICERS OF NATIONAL

BANKS. ACT JUNE 30, 1876. Act June 30, 239. Sec. 5.—That all United States officers charged 19 stat. L., 64. with the receipt or disbursement of public moneys, and

all officers of national banks, shall stamp or write in plain letters the word " counterfeit," " altered," or "worthless," upon all fraudulent notes issued in the form of and intended to circulate as money which shall be presented at their places of business; and if such officer shall wrongfully stamp any genuine note of the United States, or of the national banks, they shall, upon presentation, redeem such notes at the face value thereof.

CURRENCY ACT, APPROVED MARCH 14, 1900.

1876,

sec.

5;

Issue of gold certificates pay241. Sec. 2. Secretary of Treasury to

able to order. set apart and maintain a gold 246. Sec. 7. Issue of silver certificates. reserve of one hundred and 247. Sec. 8. Subsidiary silver coinage. fifty million dollars in gold 248. Sec. 9. Recoinage of uncurrent coin and bullion for the re

subsidiary silver coin. demption of United States 249. Sec. 10. Amends section 5138, Renotes and notes issued under

vised Statutes. (See said the act of July 14, 1890. May

section under national-bank sell bonds to replenish re

act.) serve.

250. Sec. 11. Refunding of United 242. Sec. 3. Silver dollar to remain le

States bonds. gal tender.

251. Sec. 12. This section is inserted 243. Sec. 4. Divisions of issue and re

in national-bank act followdemption established.

ing section 5171, which it su244. Sec. 5. When silver dollars are

persedes. coined from bullion pur- | 252. Sec. 13. See

sec.

214, Revised chased under act of July 14,

Statutes, under national 1890, an equal amount of

bank act. Treasury notes to be canceled 253. Sec. 14. International bimetallism. and silver certificates issued.

An Act To define and fix the standard of value, to maintain the

parity of all forms of money issued or coined by the United

States, to refund the public debt, and for other purposes.
GOLD DOLLAR DECLARED TO BE STANDARD UNIT OF

VALUE. 240. Be it enacted by the Senate and House of Repre-Act Mar. 14, sentatives of the United States of America in Congress 31 stat. L., 45 assembled, That the dollar consisting of twenty-five and eight-tenths grains of gold nine-tenths fine, as established by section thirty-five hundred and eleven of the Revised Statutes of the United States, shall be the standard unit of value, and all forms of money issued or coined by the United States shall be maintained at a parity of value with this standard, and it shall be the duty of the Secretary of the Treasury to maintain such parity. SECRETARY OF TREASURY TO SET APART AND MAINTAIN

A GOLD RESERVE OF ONE HUNDRED AND FIFTY
MILLION DOLLARS IN GOLD COIN AND BULLION FOR
THE REDEMPTION OF UNITED STATES NOTES AND
NOTES ISSUED UNDER ACT OF JULY 14, 1890. MAY

SELL BONDS TO REPLENISH RESERVE. 241. Sec. 2.--That United States notes, and Treasury Act Mar. 14, notes issued under the Act of July fourteenth, eighteen 31 stat. L., 46. hundred and ninety, when presented to the Treasury for redemption, shall be redeemed in gold coin of the standard fixed in the first section of this Act, and in order to secure the prompt and certain redemption of such notes as herein provided it shall be the duty of the Secretary of the Treasury to set apart in the Treasury a reserve fund of one hundred and fifty million dollars in gold coin and bullion, which fund shall be used for such redemption purposes only, and whenever and as often as any of said notes shall be redeemed from said fund it shall be the duty of the Secretary of the Treasury to use said notes so redeemed to restore and maintain such reserve fund in the manner following, to wit: First, by exchanging the notes so redeemed for any gold coin in the general fund of the Treasury; second, by accepting deposits of gold coin at the Treasury or at any subtreasury in exchange for the United States notes so redeemed; third, by procuring gold coin by the use of said notes, in accordance with the provisions of section thirty-seven hundred of the Revised Statutes of the United States. If the Secretary of the Treasury is unable to restore and maintain the gold coin in the reserve fund by the foregoing methods, and the amount of such gold coin and bullion in said fund shall at any time fall below one hundred million dollars, then it shall be his duty to restore the same to the maximum sum of one hundred and fifty million dollars by borrowing money on the credit of the United States, and for the debt thus incurred to issue and sell coupon or registered bonds of the United States, in such form as he may prescribe, in denominations of fifty dollars or any multiple

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