And be it further enacted, That there shall be allowed and paid as compensations for their respective services-To the said Director, yearly salary of two thousand dollars, to the said assayer, a yearly salary of one thousand five hundred dollars, to the said chief coiner, a yearly salary of one thousand five hundred dollars, to the said engraver, a yearly salary of one thousand two hundred dollars, to the said treasurer, a yearly salary of one thousand two hundred dollars, to each clerk who may be employed, a yearly salary not exceeding five hundred dollars, and to the several subordinate workmen and servants, such wages and allowances as are customary and reasonable, according to their respective stations and occupations.
And be it further enacted, That the said assayer, chief coiner and treasurer, previously to entering upon the execution of their respective offices, shall each become bound to the United States of America, with one or more sureties to the satisfaction of the Secretary of the Treasury, in the sum of ten thousand dollars, with condition for the faithful and diligent performance of the duties of his office. And be it further enacted, That every officer and clerk of the said Mint shall, before he enters upon the execution of his office, take an oath or affirmation before some judge of the United States faithfully and diligently to perform the duties thereof. The treasurer shall receive from the chief coiner all the coins which have been struck, and shall pay or deliver them to the persons respectively to whom the same ought to be paid or delivered he shall morever receive and safely keep all monies which shall be for the use, maintenance and support of the Mint, and shall disburse the same upon warrants signed by the Director. The engraver shall sink and prepare the necessary dies for such coinage, with the proper devices and inscriptions, but it shall be lawful for the functions and duties of chief coiner and engraver to be performed by one person. The chief coiner shall cause to be coined all metals which shall be received by him for that purpose, according to such regulations as shall be prescribed by this or any future law. The assayer shall receive and give receipts for all metals which may lawfully be brought to the Mint to be coined shall assay all such of them as may require it, and shall deliver them to the chief coiner to be coined. And be it further enacted, That the respective functions and duties of the officers above mentioned shall be as follow: The Director of the Mint shall have the chief management of the business thereof, and shall superintend all others officers and persons who shall be employed therein. And be it further enacted, That the Director of the Mint shall employ as many clerks, workmen, and servants as he shall from time to time find necessary, subject to the approbations of the President of the United States. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, and it is hereby enacted and declared, That a Mint for the purpose of a national coinage be, and the same is established to be situated and carried on at the seat of the Government of the United States, for the time being: And that for the well conducting of the business of the said Mint, there shall be the following officers and persons, namely, – a Director, an assayer, a chief coiner, an engraver, a treasurer. Establishing a mint and regulating the coins of the United States.
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