The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1878-02-20

be in permitting the bill to pass by a two
thirds vote. He thought the settlement of
the question would be the best thing
that could be done. Had it not been for
this bill he believed that specie resumption
would have taken place by this time. He
did not propose 10 continue the agitation
longer, and should vote for the bill, even if
his vote made the necessary o-tnirds.
Mr.. Booth said that from the speech of
the senator from Maine he thought the bill
should pass unanimously.
The bill was then read third time and
passed-yeas, As; nays, q. as follows:
Yeas-Messrs. Allison, Armstrong, Bailey,
Beck, Booth. Bruce. Cameron of Wisconsin.
Chaffee, Cockrell, Cook, COnover, Davi~ of
Illinois, Davis of West Virginia, Dennis,
Dorsey, Eustis, Ferry, Garland. Gordon.
Grover He eford. Howe, Ingalls,, Johnston,
Jones of Florida Jones of Nevada, Kellogg,
Kirkwood, McCreary, Mcdonald, Mcmillan,
Matthews, Maxey. Merriman, Morgan, Ogles-
by, Paddock. Plumb, Salisbury, Saunders,
Spencer, Teller, Thurman. Voorhees,, Wal
lace. Window and Withers-4S.
Nays-Messrs Anthony, Bsrnum, Bayard,
Blaine, Burnside, Christiancy, Conkling,
Dawes, Edmunds, Hamlin. Hoar, Herman,
Lamar, Mcpherson, Mitchell, Morrill,, Ran
dolph, Rollins Sargent, Wadleigh and
Messrs. Harris and Patterson. who would
have voted in the affirmative, were paired
with Hill and Butler, who would have voted
in the negative.
Mr. Ransom, who would have voted in the
affirmative, was absent on account OF SICK
ness.
On motion of Mr.. Allison the title of the
bill was amended to "A bill to authorize the
coinage of the standard silver dollar and to
restore its legal tender character"
The senate at O'Clock, after a continuous
session of IL hours, adjourned until Mon
day.
The following is the full text of the bill as
passed:
Be it enacted by the senate and house of rep
resentatives OF the United states OF America,
in congress assembled, That there shall b.
coinage at the several minis of the United
States of silver dollars of the weight of 4l21I
grains troy of standard silver as provided in
the act of January Is, 1887, on which shall be
the devices and superscriptionS crowded by
said act, which coins. together with all S liver
dollars heretofore coined by the United States
of like weight aud fineneSS, shall be "a legal
tender at their nominal value for all debts and
dues, public and private, except when other
wise expressly stipulated IN the contracts and
the secretary of the treasury is authorized and
directed st to pSrfIhaSe from tb time to
ket price thereo., not less than 81 0O0JO
worth per MONTH, nor more than $780,
600 worth per month, and cause the same to be
coined monthly rs fast as possible Into such
dollars, and a sum sufficient to carry out the
foregoing provision OF this act Is hereby APP
prOprtated out OF any money IN the treasury
not otherwise appropriate d, and any gain or
seigniorage arising from this coinage shall be
accounted for and paid into the treasury and
paid ont under the existing laws relative to
the subsidiary coinag provided that the
amount. of money at any one time invested in
such silver bullion excluS We of such resulting
in shall net exceed s5.UOO.OOa; provided, FUR
Their, that nothing in this act shall be con-
strurd 10 authorize the payment in silver of
certificates OF deposit issued under the provi-
sion of section pa of the revised statutes
Section 2. A acts and parts of acts incon-
sistent with the provisions of this act are
Sectio 3. That Immediately after the pas
sage of this act the president shall invite The
countries composing the Latin Union So
called, and OF such other European nations as
he may deem advisable. to join the United
States in conference 10 adopt a common ratio
between gold and silver tor the purpose OF
establishing internationally tn use of bi-me-
tallic money and securing a fxity of relative
value between those metals, such conference
10 be held in such place in Europe or in the
United States at such time within six
months may be mutually agreed upon
by the executives of the government join
Ing In the ZANE whenever the gov
ernments so united or any three If them snail
have signified their willingness to unite in the
/ sane. The president shall by ana with the
advice and consent of the senate appoint
three commissioners, who shall attend such
conference on beaaif of the United ST ties. and
snail report the doing thereof to the president,
who sha transmit the same to congress; said
| commissioners snail each receive the sum of
| $500 and their reasonable expenses, TO be APP
| 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
| aDprop lated.
Section H. That any holder of the coin author
/ lied by this act may deposit the same wi II the
| treasurer or any assistant treasurer of the
United States in sums of not less than slO and
receive therefor certificates OF not less than Sl(
| each, corresponding with denominations o
| United states notes. The coin deposited for oil
| representing the certificates Suall be retained
| in the treasury for payment of the same on
demand. Said certificate shall be renewable
| for customs, taxes, and all public dues, ant
when so received may be reis>ued.