Tolerance. Same

as mint remedy; the extent to which coins may be abraded (reduced in weight by abrasion) or otherwise worn and still be redeemable at the Treasury at their face value. The law says that any gald coins of the United States re-: duced in weight by natural abrasion not more than 1-2 of 1 per cent after a circulation of twenty years, as shown by the date of coinage, and at a ratable proportion for any period le than twenty years, shall be received at their nominal value by the United States Treasury. The tolerance on silver and base metal coins is unlimited; the Treasury will receive them at their face value until abrasion or wear has obliterated the inscriptions on them. The term tolerance or mint remedy also applies to the allowance for a slight difference in the finene of gold or silver from the government standard. In gold the limit of difference above or below is one-thousandth; in silver it is three-thousandths.; Mutilated coins, either gold, silver, nickel or bronze, are worth only their bullion value, or in other words, are worth only the commercial value of the metal of which they are composed.- “ Ton-mile cost. A railroad term, meaning the average cost per mile of carrying each ton of freight.