Litchfield enquirer., 1878-02-28
The Bland Bill.
The following is the text of the Bland bill as if raCseS the Senate.

The following is the text of the Bland bill as it passed the Senate:
 Be tt endcted by the Senate 01ad House of Representatives 0f tue United St0tes 0f An1eri- co iaa Congress assembled, That there shall be coined at the several hints of the United States, silver dollars of the weight of 4125 grains Troy of standard silver, as provided in the act of Jan. IS, 1887, on which shall be the devices and superscriptions provided by said act which coins together with all silver dol lars heretofore coined by the United States of like weight and fneness, shall be legal ten der at their nominal value for all debts and dues, public and private, except where other wise expressly stipulated in the contract. And the Secretary ofthe Treasury is authorized and directed to purchase from time to time silver bullion at the market price thereof, not less than $2,000,000 worth per month nor more than $4 900, 900 worth per month, and cause the same to be coined monthly as fast as SO purchased into such dollars. And sum suf- ticient to carry out the foregoing provisions of this act is hereby appropriated out of any mon ey in the Treasury not otherwise appropriated. And any gain or seigniorage arising from that coinage shall be accounted for and paid into the Treasury, as provided under existing laws relative to the subsidiary coinage provided, that the amount of money at any one time in- vested in such silver, bullion, exclusive of such resulting coin, shall not exceed $5, 00O,- 900 and provided further that nothing in this act shall be construed to authorize the pay ment in silver of certificates of deposit issued under the provisions of section 254 of the Re- vised Statutes.
 SEo 9 All acts and parts of acts inconsis- tent with the provisions of this act are hereby repealed.
 SEC, 3. That immediately after the pas sage of this act, the President shall invite the Governments of the countries composing the Latin Union, socalled, and of such other Flu ropean nations as he may deem advisable, to join the United States in conference to adopt a common ratio between gold and silver for the purpose of establishing internationally the use of bi-metallic money, and securing fixlty Of 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 Executives of the Governments joining in the same. Whenever the Governments so invited or any three of them, shall have signi fled their willingness to unite in the same, the President shall, by and with the consent of the Senate, appoint three Commissioners, who shall attend such conference on behalf of the United 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 $2. 800 and their reasonable expenses to be approved by the Secretary of State; ;.and the amount necessary to pay such compensation and dexpenses is here by appropriated out of any money in the Treas ury not otherwise appropriated.
 SEC. 4. That any holder of the coin author ized by the act may deposit the same with the Treasurer, or any Assistant Treasurer, of the United States in sums not less than $1O, and receive therefor certificates of not less than $10 each, corresponding with the denomina- tions of the United States notes. The coin deposited for or representing the certificates shall be retained in the Treasury for the pay ment of the same on demand Said certifi- cates shall be receivable for Customs, taxes, and all public dues, and when so received may be reissued.