Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1878-03-01
Congress and Went 20 the PFestdent.

BE Il enHcted By Tie .Sen1te and Hg,A.< of
Represent1tiets ofMs IHjted lSt1t>s If AHter-
tcd ia Cohgress aotaJLed That there shall
be coined at the several minis Of the United
States, silver dollars Of the weight of 4I24
grains Troy Of standard silver. a. provided il
the act Of Jan. l.. 1857. on which shall BE-
the devices and superscriptions provided by
said act which coins. together With all silver
dollars heretofore coined by the United State
Of like weight and fueness shall be q legal
tender O; their nominal value for all debts
and dues public and private. except where
otherwise expressly stipulated in the contract
And the Secretary Of the Treasury Is author
lied and directed 10 purchase from time to
time silver bullion at the market price there
Of, not less than -. OOD, go worth per month
nor more than S4,OpOOoD worth per month
and cause the same 20 be coined monthly. as
fast 50 purchased into such dollars. And
a sum sufficient 10 carry out the foregoing
provisions Of this act is hereby appropriated
out Of any money in the Treasury not other
wise appropriated. And any gain or seign-
forage arising from that coinage shall be &C
counted for and paid into the Treasury. ~
provided under existing lave relative to the
subsidiary coinage; provided. that the amount
Of money at any one time invested in such
silver bullion, exclusive Of such resulting
coin, shall not exceed =, OOO. 900: and pro-
vided further that nothing in this act shall be
construed TO authorize the payment in silver
Of certificates Of deposit issued under the pro-
vision Of section 2ji Of the Revised Statutes
SEC. =. All acts and parts Of acts inconsis-
tent with the provisions Of this act are here
by repealed.
SIC. , That immediately after the passage
Of this act, the President shall invite the Gov
ernInents Of the countries composing the Lat
in Union, so-called, and Of such other Eu-
rOPean nations as he may deem advisable TO
JON the United States in a conference 10
adopt common ratio between gold and sill
Yer for the purpose of establishing interna-
tionally the use of bi-Inetallic money. and Sc
curing hxity Of relative value between those
metals, such conference TO be held at such
| place in Europe or in the United States nj
such time, within six months. as may be mu-
| tually agreed upon 10y the Executives Of the
| Governments joining in the same Wheury-
| er the Governments 20 invited. or any three
| Of them, shall have signified their willingness
to unite i'll the same, the President shall by
aud with the consent Of the Senate, appoint
| three commissioners, who shall attend such
| conference on behalf Of the United States.
and shall report the doings thereof 10 the
| President, who shall transmit the same to
| Congress. Said Commissioners shall each r.
ceiye the sum of -, $40 and their reasonable
| expenses, 10 be approved by the Secretary Of
| Slate ana the amount necessary to pay such
compensation and expenses is hereby appro-
! priated out Of any money in the Treasury not
otherwise appropriated.
SIC. I. That any holder Of the coin author
lied by the act may deposit the same with the
| Treasurer or any Assistant Treasurer Of the
United States in sums not less than $40 each.
corresponding with the denominations Of the
United States notes. The coin deposited for
or representing the certificates shall be retain
ed in the Treasury for the payment of the
same on demand. Said certificates shall be
| receivable for customs taxes, and all public
dues, and when 50 received may be reissued