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Excerpt from Forestry Pamphlets on the Lumber Industry, Vol. 1 The following statements show the valuation of foreign coins, as given by the Director of the United States Mint and published by the Secretary of the Treasury, in compliance with the first section of the act of March 3, 1873, viz: That the value of foreign coins, as expressed in the money of account of the United States, shall be that of the pure metal of such coin of standard value, and that the value of the standard coins in circulation of the various nations of the world shall be estimated annually by the Director of the Mint, and be proclaimed on the Ist day of January by the Secretary of the Treasury. In compliance with the foregoing provisions of law, annual statements were issued by the Treasury Department, beginning with that issued on Jan uary 1, 1874, and ending with that issued on January 1, 1890. Since that date, in compliance with the act of October 1, 1890, these valuation state ments have been issued quarterly, beginning with the statement issued on January 1, 1891. These estimates are to be taken (by customs officers) in computing the value of all foreign merchandise made out in any of said currencies, imported into the United States. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.