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    • Madison, James

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    • 1792-01-12

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    1Memorandum on Specie, post 12 January 1792 (Abstract) (Madison Papers)
    Abstract. Post 12 January 1792. Calculates the standard alloy and pure silver content of the dollar as proposed by the Senate and incorporated in the Mint Act of 1792. “The vote of the Senate reduces the dollar from 375.64 gs pure metal to 371.25.” Ms ( DLC ). A one-page document in JM’s hand. Conjectured date assigned on the basis of circumstances described in n. 1. On 12 Jan. the Senate...