Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1878-02-19
THE SILVER BILL.

Following is the full text OF the on
yer bill as it finally passed the Senate.
The main features of the Bland bill are
hardly recognizable after the patch
work of the Sena.e. 1t is doubtful II
the bill in its present form is worththe
Growing that the silver men are expend-
ing on it:
Be it enacted by the Senate and
House of Representatives OF the United
States of America, in Congress assem-
bled, That there shall be coined atthe
| several minis of the United States sill
yer dollars of the weight of four hun
dred and twelve and a a lfgrains, troy,
OF standard silver, as provided III the
act of January 18th, 1887, on which
shall be the devices and superscrip-
tons provided by said act; which coin,
together with all silver dollars hereto.
fore coined by the United States of like
weight and fineness, shall be a legal
tender, at their nominal value, for all
debts and dues, public and private, ex-
cept where otherwise expressed n
stipulated in the contracts; and the Sec
rotary of the Treasury is authorized
and directed to purchase from time to
time silver bullion at the market price
therefor, not less than two million dol
lars worth per month, nor more than
four million dollars worth per month,
and cause the same to be coined
monthly as fast as SO purchased, into
such dollars; and a sutn sufficient to
carry out the foregoing provision of
this act is hereby appropriated out OF
any money in the treasury not other
wise appropriated; and any gain or
seigniorage arising from this coinage
shall be accounted for and paid into
the Treasury as provided under exist
ing laws relative to the subsidiary coin
age; provided that the mount OF
money at any one time invested in
such silver bullion, exclusive of such
resulting coin, shall rot exceed five
million dollars, and provided further,
that nothing in this act shall be- con
strued TO authorize the payment in sill
yer of certificates of deposits, issued
under the provision of section 2o4 OF
the Revised Statutes.
SEC. 2. All acts and parts of acts in
consistent with the provisions Of this
act are hereby repealed.
SEC. 3. That Immediately after the
passage of this act, the President shall
invite the Governments of the countries
| cOI DOSlllG LI0 |Idlin OliiOuy 81
called, and of such other European
nations as he may deem advisable, to
join the United States in a conference
to adopt a common ratio between gold
and silver, orthe purpose of establish
ing internationally the use of hi metal
lie money, and securing a fixity of the
relative value between those metals,
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
Executive of the Governments so in
vited, or of any three of them which
shall have signified their Willingness
to unite in the aIne The President
shall, by and with the advice and con
sent of the Senate, appoint three Com
missioners, who shall attend such con
ference on behalf OF the United States,
and shall report the doings thereof to
the President, who shall transmit the
same to Congress. Said Commission
ers shall each receive the sum of two
thousand five hundred dollars, and
their reasonable expenses, to be ap
proved by the Secretary OF State. The
amount necessary to pay such COM
pensation and expenses is hereby APP
propriated out of any money in the
Treasury not otherwise appropriated.
SEC. 4. That any holder of the coin,
authorized by this act, may deposit the
same with the Treasurer orany Assist
ant Treasurer of the United States, in
sums OF not less than ten dollars, and
receive therefor certificates of not less
than ten dollars each corresponding
with denominations of United States
notes; the coin deposited for. or rep
resenting the certificates, shall be re-
tanned in the Treasury for the payment
of the same on demand. Said cerlifi
Gates shall be receivable for customs,
taxes and all public dues, and when
so received may be reissued.
The Enterprise grows enthusiastic
over Senator Jones, and says the peo-
Pile of Nevada, without regard to party,
should rise up as one man and re-
elect him. This reminds us of an in.
cident of the last Presidential cam
paign. Mr.. Hayes, in his letter Of