The silver state. [volume] (Unionville, Nev.) 1870-1903, 1878-02-18
THE SILVER BILL PASSED.
A Uniform Dollar for Rich and
Poor-Fall Text OF the FIJI and
the Vote by Which IL Paasesa.

The Bland bill, which passed the
House some two months ago, came up
Tor final action in the Senate last Satur-
day. and passed that body by the de-
cisive vote of AZ to 81, all the Senators
who were absent. except Sharon, having
paired on the question. The bill. as
passed by the House, was amended by
the Senate. which limits the amount of
coinage each month to 81. e0O, 900. and
provides for issuance of certificates ON
deposits of silver coin with the Treas
urer or any Assistant Treasurer of the
United States. Following is the
FULL TEXT OF THE Bull:
b. u enacted, etc., That theirs shall be
coined at the several miuts of the
United States silver dollars of the
weight of 4l2I grains troy of standard
silver. as provided 10 the act of Janu.
airy IL, 1886. on which shall be the
devices and superscription provided by
said Act; which coins, together with all
/ silver dollars heretofore coined by the
United States of like weight aud fine-
ness, shall be a legal tender at their
nominal value for all debts and dues
public and private. except where other
wise expressed AID stipulated in the
contract; aud the Secretary of the
Treasury is authoriz ID and directed to
purchase from time to time silver
bullion at the market price thereof, not
less than $2,00O.OOO per mouth, nor
more than $4,000. 900 worth per month,
and cause the same to 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 appropriated out of
any money in the Treas 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 the
existing laws 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 S., 000,-
900; AID provided. further. that nothing
| in this Act shall be construed to author.
ize the payment in silver of certificates
OF deposits issued under the provisions
of Section 254 of the revised statutes.
Sec. 2. All Acts and parts of Acts in
consistent with the provisions of this
Ace are hereby repealed.
Sec. 3. That Immediately after the
passage of this Act the President shall
invite the governments of the countries
composing the Latin Union" so
called. and of such other European ma
tons as he may deem advisable. to join
the United States in conference to adopt
II common ratio between gold and
silver. for the purpose of establishing
internationally the use of bi.metalie
money. and OF securing tixity of relative
value between those metals; such con-
ference to be held ut such place in
Europe or the United States, and at
such time within six months as may be
mutually agreed upon By the Execu,
tives of the Governments so invited, or
any three of them shall have signi-
fed their willingness to unite in the
same. The President shall, by and
with the advice and consent of the
Senate. appoint three commissioners.
who shall attend such conference on
behalf of the United States, and shall
report the doings thereof 30 the Presi
! dent, who shall transmit the same to
Congress. Said Commissioners shall
each receive the sum Of two thous aud
| five hundred dollars and their reason
| able expenses. to be approved by the
Secretary of State. The amount neces
sary to pay such compensation and ex {,
penses is hereby appropriated out of
any money in the Treasury not other
wise appropriated.
Sec. 4. That any holder of this coin
authorized by this Act may deposit the
same with the Treasurer or any Assist
ant Treasures of the United States, 10