Evening star. [volume] (Washington, D.C.) 1854-1972, 1878-02-22
Full Text Of the Silver Bill A.
Passed.

Inc luh text OF the Silver bill, as passed by
both Houses of Congress, is us follows:
AN ACT to authorize the coinage of the stand
ard silver dollar, and 10 restore its legal
tender character.
BE it enacted, DC, That there shall be coined.
at the several mintS OF the United States. silver
dollars OF The weight of il2I. grains Troy OF
standard silver, as provided i'm the act of Jan
uary is, 1881, Oh which shall be the devices and
SuperScrlptlonS OF said act: which coins. to-
ge1her with all silver dollars heretofore coined
by the United States, of like weight and fine.
ness, snail he a legaltender, at their nominal
value, Tor all debts and dues, public and pri-
Sate, except where otherwise expressly Stfpu-
lated in the contract. And the Secretary of
the treasury is authorized and directed TO pur-
chase, from time to time, silver bullion al the
the market price thereof, not less than s., 100000
worth per month, nOI more than Si,0n00
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 appropria.
TED out OF any money in the Treasury not
otherwise appropriated. And any gain or
Selgnlolage arising from this coinage shall he
accounted 1or and paid into the Treasury, as
provided under existing laws relative to sub
Sldlary coinage. PrOrided, That the amount
OF money al any one time invested i'm such sill
yer bullion, exclusive of such resulting coin,
shall not exceed S5,OI,0tD. And prOrjded fyr-
TIER, That nothing in this act shall be con
strued To authorize the payment in silver of
certificates of deposit issued under the proyi-
sions OF Section 25l of the Revised Statutes.
OF this act, the President shall invite the gov
ernmentS of the countries composing the Latin
l mon, S0-called. and of such other Europpau
nations as he may deem advisable, TO Join the
tinted States in conference to adopt COM
mon ratio as between gold and silver, for the
purpose OF establishing internationally, the
use OF blmetallic money, and securing fiXity
OF felatlVe value between those metals: such
conference 10 he held al such place, in Europe
or in the United States. at such time within
SIN months as may he mutually agreed upon
Dy lhe executives Of the governments Joining
III the same. whenever the governments so in
ylted. or any three OF them, shall have Signi-
ned their Willingness TO unite i'm the same
The President shall, by and with the advice
mlsSlonerS, who shall attend such conference
on behalf OF the United States, and shall re-
port the dolngS thereof to the President, who
shall transmit the same To Congress. Said
commissioners shall each receive the sum of
s2N0 and their reasonable expenses, to be ap-
proved by the Secretary of State; and the
amount necessary to pay such compensation
and expenses is hereby appropriated out of
any money in the Treasury not otherwise ap-
pr0pliated.
Sec. 3. That any holder of the coin author
lZed by this act may deposit the same with the
treasurer tpr any assistant treasurer of the
United States, III sums not less than ten dol
lars, and receive therefor certificates of not
less than ten dollars each, corresponding with
the denominations of the United States notes
The coin deposited for OF representing the
certificates shall be retained i'm the Treasury
Tor the payment of the same on demand Said
certificates Shall be receivable for customs
taxes, and all public dues, and, when so re-
celved. may be reiSSued.
Sec. 1. All acts and parts of acts inconsistent
pealed.