The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1853-02-19
THE SILVER COINAGE.


regulate the issue Of the half dolinr' quar'ei
dollar. dime eud half dime, aud proving ior
,be coinage OF three dollar gold pieces. This
b3l he's pas ed the House without amend
rneut and as IL will, doubt. receive the sig
nature of ibe President, it may be regarded a
Abe 10 " Of The land. AS the subject is one Of
great and general interest, We shall be pardon
ed for once more offtring an analysis Of the
bill.
Il is divided into eight sections.
Section Isl provides that after the first of
Jnne mex; the half dollar shall weigh 1872
grains, and the other specified pieces in pro-
portion.
Section q provides that coin thus Issued,
shall be legal tender fox sums no, exceeding
i've dollars.
Section 81 empowers the treasurer of the
mint TO purchase bullion for the requisite coin
age with the bullion fund of the mint. and
charge himself with The gain arising from he
coinage OF such bullion into coins of nomi-
nal value exceeding the intrinsic value thereof
and shall he credited with the difference be-
for such bullion, and " it'll the expense Of dis
tribu,ing sad coins, as thereafter provided,
the balances TO his credit, or the profit oil said
coinage 10 be transferred from time 10 time to
the credit oi the treasury of the United States,
upon warrant of the director of the mint.
Section b provides that such coins shall be
paid out al ire mint, for gold coin par in sums
OF not less :hau one hundred dollars also Tor
Transmitting parcels Of said coins 10 assistant
treasurer, drposilaiies and other officers Of
the United States, under general regulations
proposed by the director OF the mint, and ap-
proved by he Secretary OF the Treasury, the
amount coined into quarters, dimes and half
dimes being always subject te the regulation
OF the Secretary Of the Treasury.
S.c,on 5ih> provides that hereafter no depo-
sits for coinage into half dollars, quarters,
dimes, and half dimes, Other than those made
by TIE treasurer Of the mint, and upon account
OF the United States, shall be received.
Section ulh provides that gold or silver may,
at The option Of The depostor, be cas-, into bars
or ingol5 If either pure meta! or Of standard
designating lis weight and fneDess, but no
piece tezcept pieces Of one ounce, or of two
ounces, or Ihiee ounces, or of five ounces, J
shal! be cast INTO bars or iDgots of less than
ten 0upcrs-saId pieces of less than ten ounces
TO be vi STANDARD 6neness with their weight
and fneness stamped upon them. When the
gold or silver deposited is coaed ar cast into
ingols, u charge is TO be made against the de-
pusltor 10 addition TO the charge now made for
the refining parting of metals, of one half
o! one Per cent, aud the money thus arising
shall be chnrs~d to the treasurer of the mint,
&c, provided that nothing in this section shall
apply 10 the half dollar, quarter, dime or hal:
cline.
Section 9Th provides for coming gold
piece OF The value of three dollars, in confor.
nifty wtll ;he law of lS49, auhorising the
coinoge Of gold dollars and double eagles
and leaves the device and shape to the Secre-
tary OF the Treasury.
Section Sih provides that the act shall be in
force from The lst June.
We understand the alloy in the half dollar
al present, is equal TO about ten per cent. This
bill increases it to twenty per cent. The old
coin will SOON disappear, we suspect, and the
new luke lis place. We hope the law may
produce the desired effect of keeping silver
chenge in The country. The effect that ge
neral debus4ment of The coin might have, will
not be fell here ince the new coinage is le-
gal tender only to the amount of five dollars.
THE INTERNATIONAL COPYRIGHT
LAW.
The New York Herald says that the "pm5-
aishers have sp, KEN" and reduces their argu-
menis against the proposed international copy.
RICH, law, 10 Jour heads. They are as fol-
lows:
Isl. "Authors ought to be satisfied with a
copy-right in their own country" Why ough,
they 10 be thus easily satisfied? Why should
not they have property in their own goods,
In another Country, as well as other personsl-
Ii dry-s GODS merchant send his GOO DIS here
why should not the ,siors and retail, mer.
chants seize upon and convert them 10 their
own USE with as much proprie,y as a pub
fisher converts the labors If an author to his
own use, hecnnse he happens not TO live bereq
20. Authors are already sufficiently renp.
ntrated." manufacturer or a merchan, i
allowed TO get anything he can for his wares.
Nobody has right 10 appropriate them on the
score that he has received enough for them
ii ne nus made million by the sale of them.
ne goes on 10 axe two million ii he can
way should not an author make million. too.
ean' by his booksl These publishers
fhe'per' Patnam, Appleton, and the Iike,) NJ.
vel 'n'nK H'ey are paid enough for copies
~h'ea 'hty issue OF an authors work, Wby
Should they, alone, be entitled TO consider
themselves never sufficiently paid, as long a.
1h@ work will self
81. "Onder an International copy-r;g hi law
editions Of English works will be printed in
England for 'his market, and American pub.
fishers, printers and papei-makers will sufrs,
accordingly" If all this were true! il womb
furnish M argument against the Suppression
oil a Dishonest trade. II those " no are eog.o ~
10 II suffer, tue consequences be on their an
heads. Ii is q doctrine tina, ror,.,,
must not be broken up, lest the rogues .ue. :
But II eaanot he true that English copies q
Euglish books will be sold here. for ,ha .,