The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-02-18
The Silver Bill as It Passed the
Senate.
SENATE.
MAsHINaroN, Feb 10.

WAsHINGTos, Feb 16.
Al Eve o'clock A. NJ, by a vote OF yea
48 and nays q, the bill passed to author
ize the coinage OF the standard silver dol
lar and TO restore It's legal tender char
acter. The vote was as follows:
YEAs-Messrs. Allison, Armstrong
Bailey, Beck, Booth, Bruce, Cameron Q
Pa, Cameron Of Wis, Chafiee, Cockrill
Coke, Conner, Davis Of I'LL, Davis Of W
Va, Dennis, Dorsey, Eustjs, Ferry, Gar
land, Gordon, Grover, Hereford, Howe
Ingalls,, johnson, Jones Of Fla, Jones o
New, Kellogg, KirkWood, McCreery, Nc
Donald, Mcmillan, Matthews, Maxey
Merrimon, Morgan, oglesby, Paddock
Plumb, Saulsbury, Saunders, Spencer
Teller, Thurman, Voorhees,, Wallace
Window and Withers-4s.
NAYs-Messrs. Anthony, Barnum
Bayard, Blaine, Burnside, Christiancy
conkling, Dawes, Edmunds, Hamlin
Hoar, Herman, Lamar, McPherson
Mitchell, Morrill,, Randolph, Rollins
Sargent, Wadleigh and Whyie-2l.
aiersrs. Butler and Patterson and Hill
and Harris were paired. Messrs. Eator
Ransom and Sharon we're absent.
The Senate then, al 5:05 A. N, adjourn
ed until Monday.
FULL TExr OF THE SILVER BILL AZ
PASSED.
The full text Of the silver bill as passed
by the Senate this morning is as fOllows
AN ACT to authorize the coinage Of the
standard silver dollar, and to restore
its legal tender character.
Be il enacted, ete., That there shall be
coined at the several minis OF the United
States, silver dollars Of the weight o.
4l24 grains Troy OF standard silver, al
provided in the act OF January 18th
1887, on which shall be the devices and
superscriptions provided by said act
which coins, together with all silver dol
lars heretofore coined BY the Emitted
States Of like weight and fineness, shall
be legal tender, at their nominal value
for all debts and dues, public and private
except where otherwise expressly stipu
lated in the contract. And the Secretary
Of the Treasury is authorized and direct
ed to purchase, from time TO time, silver
bullion, at the market price thereof, moi
lees than 100000 worth per month
nor more than S4,000,000 worth per
month, and cause the same to be coined
monthly as fast as so purchased into such
dollars; and sum sufficient to carry out
The foregoing provision is hereby appro-
priated out OF any money in the Treasu-
ry not otherwise appropriated. And any
gain or seigniorage arising from this coin.
age shall be accounted for and paid into
the Treasury, IS provided under existing
laws relative to the subsidiary coinage:
Prorided, That the amount Of money at
any one time invested in such silver bull
ion, exclusive Of such resulting coin, Bhal
not exceed $1,000, 900: And prorided further
That nothing in this act shall be con
strued to authorize the payment in silver
OF certificates Of deposit issued under the
provisions Of Section 254 Of the Revised
Statutes.
Sec. 9, That Immediately after the pas.
sage Of this act, the President shall In
vile the governments OF the countries
composing the Latin Union, so.called
aud Of such other European nations as
he may deem advisable, to join the Uni
ted States in conference TO adopt a
common ratio as between gold and silver,
for the purpose Of establishing, interna.
tionally, the use OF bi metallic money, and
securing fixity Of relative value between
those metalI; such conference to be held
at such place, in Europe or in the United
States, at such time within six months, as
may be mutually agreed upon by the ex.
ecutives Of the governments joining in the
same, whenever The governments so in.
vited, or any three Of them, shall have
signi6ed their willingness TO unite in the
same. The President shall, by and with
the advice and consent Of the Senate, ap.
point three commissioners, who shall at
tend such conference on behalf OF the
United States, and shall report the doipgs
thereof 10 the President, who shall trans.
init the same to Congress. Said commits.
sioners shall each receive the sum Of
s., 800 aud their reasonable expenses, TO
be approved by the Secretary Of State;
and the amount necessary TO pay such
compensation and expenses Is hereby ap.
propriated outoi any money in the Treas.
ury not otherwise appropriated.
Sec. 8. That any holder Of the coin
authorized by this act may deposit the
same with the Treasurer or any Assistant
Treasurer OF the United States, in sums
not lea, than ten dollars, and receive
therefor certificates OF not less than ten
dollars each, corresponding with the de-
nominations OF the United States notes.
The coin deposited for or representing the
certificates shall be retained in the Treas.
ury for the payment Of the same on de-
mand. Said certificates shall be receiya-
bic for customs, taxes, and all public
dues, and, when 40 received, may be re-
issued.
Sec, 4. All act, and parts Of acts incon-
sisient with the provisions Of this act are
hereby repealed.