The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-07
A NEY TERRITORY.

Rinia, as Secretary oil Legation al oL
Petersburg, vice Grattiot Wshburne,
resigned.
A NEW TERRITORY.
The Senate Committee on Territories
to-day agreed TO report bill to establish
Pembins territory. The proposed new
territory is to consist Of that portion ot
the territory Of Dakota which lies north
OF the iorty:sixth parallel.
THE SILVER BILL.
The Senate Finance Committee recon.
mend that various important changes
be made in the so.called silver currency
bill Of the House, and as reported from
The committee and placed on the Senate
calendar, It's provisions are as follows:
The frat section, appropriating Sl6S,.
900 for printing and engraving United
States notes during the remainder ot the
current fiscal year,is unaltercd, and pure.
ly verbal amendments are made IN the
second section, which requires the Secre-
tary Of the Treasury 10 issue silver coin
OF the denominations Of 10, 20, %, and SO
cents, Of standard value, in redemption Of
the full amount Of outstanding fractional
currency Us rapidly as it may be present.
ed for redemption.
The second and last Section Of the
Hou.e bill which proposed 10 make the
silver coin OF the United States OF the
denomination Of one dollar legal tender
for the amount Of $50, and all subsidiary
silver coins legal tender for $26 Is
entirely stricken out, and two new sec.
tions are inserted as follows:
Section Third-That there shall be
coined at the mint Of the United States
a silver dollar Of the weight Of four hun
dreGlsand twelve, and eight tenths grains
troy, OF standard silver. The emblems,
devices and Inscriptions OF which shall
conform 10 those prescribed by law
for gold and silver coins OF the United
States, with such notifications thereof as
may be necessary to render said dollar
readily distinguishable from tho trade
dollar, and in coinage and delivery there.
OF same deviation from the standard
weight OF and dneness shall be allowed
as IL prescribed for trade dollar, and
said dollar herein authorized shall be a
legal tender at nominal value for any
amount not exceeding twenty dollars
in any one payment, except for customs
dues and intereat on the public debt, and
the trade dollar shall not hereafter be a
legal tender.
SEC. 4. That the Secretary Of the Treas
ury is hereby authorized to exchange
the silver dollar as herein authorized for
an equal amount Of U. s. notes which
shall be retired and cancelled and not be
again replaced by other notes. He is au-
thorized to exchange such silver coin at
is nominal value for silver bullion at its
market value TO be ascertained and an.
nounced from time to time by the direc'
tors oithe mint with the approval OF the
Secretary Of the Treasury, and the U. 5.
notes and fractional currency redeemed
under this act shall be held 10 be a part
of the sinking fund provided BY the exist
ing law.
The Chairman oi the Finance Commit.
tee, Sherman, says that the silver dollars
whose coinage il thus provided for will
be Of the same weight and lineness as the
old silver dollars, the coinage and issue
OF which was stopped number Of years
ago and that its value will be about six
per cent more than the value Of the pres.
ent half dollars.
ORDER AMENDED.
The order from the War Department
yesterday transferring the army head
quarters from St, Louis 10 Washington
has been amended so far as to direct the
Adiutant General and Inspector General