Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1878-03-01
THE SILVER BILL.

/ 0NNNAtsS
"Be it enacted by the Senate an
: House of Representatives of the Unite,
.e States of America in Congress assem-
bled:
SRCuoN l. That there shall be coined
at the several minis of the United
States silver dollars of the weight O
4l2k grains Troy of standard silver as
/ provided in the act of January IS
Q 1877, on which shall be the devices
) and superscription provided by said
act, which coin, together with all sill
yer dollars heretofore coined by the
United States of like weight aud fine
) ness. shall be legal tender at their
nominal value for all debts and dues,
public or private, except where other
wise expressed and stipulated in the
contract, and the Secretary of the
Treasury is authorized to purchase
from time TO time silver bullion at the
market price thereof not less than
50, 900, 900 worth per month, nor more
than 81, 900, 900 worth per month, and
cause the same to be coined monthly
as fast as so purchased into such dol
lars, and sum sufficient TO carry out
the foregoing provisions of this act
IL hereby appropriated out of any IN, n
ey ia the Treasury not otherwise appro-
priated, and any gain or seignorage
arising from this coinage shall be ac-
counted for and paid into the Treasu-
ry as provided under existing laws
relative TO 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 $4,000, 900, and provided
further than nothing in this act shall
be construed to authorize the payment
in silver of certificate of deposite is
sued under the provision of section
254 of the revised statutes.
SEC. , All acts and parts of acts
Inconsistent with The provisions OF
this act are hereby repealed.
SEC 8. That Immediately after the
passage Of this act the President shall
invite the governments Of the coun.
tries composing the Latin Union, so :
called, and of such ether European :
nations as he may deem advisable, to :
Join the United States IN conference 10
adopt common ratio between gold
and silver FOR thc purpose Of estab-
ishius, internationally, the use Of III.
metallic money asd securing a fxity
II relative value between those met
lis. Such conference tn bc held att
nch place in Europe or iLe United u
states, at such time within six months
= may be mutually agreed upon hy !
he executives or the governments so
invited, or ahy three of them which
hall have signiied their Willingness
, unite in the same. The President
hall, Ivy and with the advice and con.
ent OF the Senate. appoint three c,m.
lissioners, who shall attend such con- -
'rencc on behalf of the United States
nd shall report the doings thereof to
&c President, who shall transmit the
lme to Congress. Said commission
s shall each receive the sum of So. "s
DO and their reasonable expenses 10
approved by the Secretary of State;
e amount necessary to pay such ex- Cel
'nses is hereby appropriated out of
~ money in the Treasury not other.
lse appropriated.
SEC. 4. That any holder of this coin
Ithorized by this act may deposit the an
me with the Treasurer or any as @ :
slant Treasurer Of the United States
sums not less than $40 aud receive
arefor certificates Of not less than