Chapter 142. To amend section six of 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, approved March fourteenth, nineteen hundred, as amended by the Act of March second, nineteen
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CHAP. 142.— An Act To amend section six of 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, approved March fourteenth, nineteen hundred, as amended by the Act of March second, nineteen hundred and eleven. June 12, 1916. [[H. R. 13474](/us/bill/64/hr/13474).] [[Public, No. 90](/us/pl/64/90).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, * Gold certificates.
Vol. 31, p. 47; Vol. 34, p. 1289. That section six of 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, approved March fourteenth, nineteen hundred, as amended by the Act approvedVol. 36, p. 965, amended. March second, nineteen hundred and eleven, be, and the same is hereby, further amended by striking from the last proviso of said section six the word “one-third” and inserting in lieu thereof the word “two-thirds,” making the last proviso of said section six read as follows:
" *“And provided further, *That the Secretary of the Treasury may, inIssue for stamped bullion. his discretion, receive, with the Treasurer or any Assistant Treasurer of the United States, deposits of gold bullion bearing the stamp of the coinage mints of the United States, or the assay office in New York, certifying their weight, fineness, and value, in amounts of not less than $1,000 in value, and issue gold certificates therefor of the description herein authorized. But the amount of gold bullionMaximum increased. and foreign coin so held shall not at any time exceed two-thirds of the total amount of gold certificates at such time outstanding.
And[R. S., sec. 5193, p. 1004, repealed.](/us/rs/s5193/p1004) section fifty-one hundred and ninety-three of the revised Statutes of the United States is hereby repealed.” " Approved, June 12, 1916.