The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1878-02-21
THE DOLLAR OF THE DADDIES.
The Bland Silver Bill Passes the Senate on Vote
Of As to 81.


Of As to 81.
Washington, February 16.
SENATE-At five o'clock a. M, by a vote
Of yeas 4S, nays 81, the bill passed to au-
thorize the coinage of standard silver
dollar and to restore its legal tender
character. The vote was as follows:
Yeas-Allison, Armstrong, Bailey, Beck
Booth, Bruce, Cameron (Pa.), Cameron
(Wis), Chaffee, Cockrell, Coke, Conover,
Davis (Ill.) Davis wv. Va, Dennis, Dor
sey, Eustis, Ferry, Garland Gordon, Gro
yer, Hereford, Howe, Ingalls,, Johnston,
Jones Fla, Jones New, Kellogg, Kirk
wood, McCreery, Mcdonald, Mcmillan,
Matthews, Maxey, Merrimon, Morgan,
Oglesby, Paddock, Plumb, Salisbury,
Saunders, Spencer, Teller, Thurman, Voor-
Nays-.Anthony, Barnum, BaYard,
Blaine, Burnside, ChristianCy, Conkling,
Dawes, Edmunds, Hamlin, Hoar, Ker-
nan, Lamar, Mcpherson, Mitchell, Nor
rill, Randolph, Rollins, Sargent, Wadleigh
Whyte-2l.
Messrs. Harris and Patterson, who
would have voted in the affirmative,
were paired with Messrs. Hill and Butler
who would have voted in the negative.
Mr.. Ransom, who would have voted in
the affirmative, was absent on account of
sickness.
The following is full text of the bill
as passed:
Be 1t enacted by the Senate and House Of Repre-
sentatives of the United States OF America In Con-
gress assembled that there shall be coined at the
several mnts of the United States silver dollars OF
the weight Of 4l2l grains troy Of standard silver
as provided in the act Of January 18th, 1897, on
which shall be the devices and superscriptions
provided by said act, which coins, together with
all silver dollars heretofore coined by the United
States Of like weight and fneness shall be legal
tender at their nominal value for all debts and
dues, public and private, except where otherwise
expressly stipulated In the contract; and the Sec
retary Of the Treasury is authorized and directed
to purchase from time to time, silver bullion at
the market price thereof not less than two million
dollars worth per month nor more than four mil
lion dollars worth per month, and cause the same
10 be coined monthly as fast as so purchased into
such dollars and sum sufficient TO carry out the
foregoing provisions Of this act is hereby appro-
priated out Of any money in the Treaeury not 9th
erwise appropriated and any gain or seigniorage
arising from this coinage shall be accounted for
and paid into the Treasury as provided under exs
istng laws relative TO the subsidiary coinage, pro-
viding that the amount Of money at any one time
invested in such silver bullion, exclusive OF such
resulting coin, shall not exceed five million dol
lars and provided further that nothing in this act
shall be construed 70 authorize the payment in
silver of certificates OF deposit issued under the
provision Of section 254 OF the revised statutes.
SEC. 2. All acts and parts Of acts inconsistent
with the provisions Of this act are hereby re-
SEC 8. That Immediately after the passage of
this act the PRESIDENT shall invite the govern
~ kIaon thaT OF
SO called and Of such other European nations as
he may deem advisable, to join the United States
In conference to adopt common ratio between
gold and silver for the purpose Of establishing
inter nationally the use Of bi.metallic money and
securing the ixity Of the relative value between
those metals Such eonferenceto to be held at such
place in Europe or in the United States at such
time within six monthsasmay be mutually agreed
upon by the executives Of the governments join
ing in the same. Whenever the governments 30
invited or any three ofthem shall have signtded
their willingness to unite in the same the "Presi
dent shall, by and with the advice and consent
Of the Senate, appoint three Commissioners, who
shall attend such conference on behalfof the uni
ted States, and shall report the doings thereof to
| the president" who shall transmit the same TO
Congress. Said Commissioners shall each receive
| the sum Of S2500 and their reasonable expenses,
10 be approved by the Secretary OF State, and the
amount necessary 10 pay such compensation and
expenses Is hereby appropriated out Of any
money in the Treasury not otherwise appropri'
ated.
SEC. 4. That any holder Of the coin authorized
| BY this act may deposit the same with the Treas
urer or Assistant Treasurer Of the United States in
sums not less than ten dollars and receive there
for certificates of not less ten dollars each cores
pOnding with the denominations OF the United
States notes. The coin deposited for or represent.
ing the certificates shall be retained In the Treasu
ny for the payment Of the same on demand, Said
certificates shall be receivable for customs taxes
and all public dues, and when so received may
/ be re-iBaued.