The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1864-06-24
Ihe Bill 10 Prevent Gold Gam bling
Its Provisions In Full.

WASHINGTON, June A.
The following is the gold bill as passed by
the House to-day:
SECTION l. That it shall be unlawful to mako
any contract Tor the purchase or sale and de-
livery OF any gold coin or bullion to be deliv-
cred on any day subsequent to the day of max
ing such contract, or for the payment of apy
sum either fixed or contingent in default of
the delivery of any gold coin or bullion, or
to make such contract on aay other terms,
than the actual delivery of such gold
coin or bullion and the payment in full of the
agreed price thereof on the day on which said
contract is made in United States notes or ma
tive currency, and not otherwise or to make
any contract for the purchase or sale and deliv-
cry OF any foreign exchange, to be delivered at
any time beyond ten days subsequent to the
making OF such contract, or for the payment
of any other fixed or contingent sum in default
OF the delivery of any foreign exchange. or
upon any other terms than the actual delivery
of such foreign exchange within ten DAYS from
the making of such contract and the immedi-
ate payment in full of the agreed price thereof
on the day of delivery in United States notes
or national currency, or to make any contract
whatever for the sale and delivery of any gold
coin or bullion of which the person making
such contract shall not at the time of making
the same be in actual possession, and it shall
be unlawful to make any loan of money or cur
rency, being in coin, to be repaid in coin or
bullion, or to make any loan of coin or bullion
to be repaid in money or currency other than
coin.
SEC. =. 1t shall be further unlawful for any
banker, broker, or other person. to make any
purchase or sale of any gold, coin or bullion.
or any foreign exchange, or any contract for
any such purchase or sale at any other place
than the ordinary place of business of either
the seller or purchaser owned or hired and
occupied by him individually or by partner
ship of which he is member
SEC. 5. All contracts made in violation of
this act shall be absolutely void
SEC. 4. Any person who shall violate any
provision of this act shall be held guilty of a
miSdemeanor, and on conviction thereof be
fined in any sum not less than s., 600 nor more
than $4,000. or be imprisoned for period
not less than three months, nor longer than one
year, or both, at the discretion OF the court,
and shall likewise be subjected to penalty of
$1,000 tor each offence.
SEC. .. The penalty imposed by the fourth
section OF this act may be recovered at law in
any court of record of the United States, or
any court of competent jurisdiction in which
action may be brought in the name of the
United States of America by any person who
will sue said penalty, one half for the use of
the United States, and the other half for the
person carrying on such action, and the recov-
cry and satisfaction of judgment in any such
action shall be bar to the imposition of any
fine for the same offence in any prosecution
Instituted subsequent to the recovery of such
Judgment, but shall not be bar to the infl,c-
ton Of punishment by Imprisonment, IS pro-
vided by sal. fourth section
SEC. s. All acts and parts of acts inconsist-
ent with the provisions of this act are hereby
repealed.