Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-05-26
WHEELING, w. VA. MONDAY MORNING. MAY 90, 1879.

Q W. LAs1 AA N/AN - -
amended so as to read as follows: Sec
ton 3,527-Silver coins of less denomi
nations than one dollar shall be paiC
out of the several mints and assay Off
/ ces in New York City to the exten
/ they NAV be required in exchange fol
| standard silver dollars or United States
notes at par in sums not less than tiity
dollars. 1t shall be lawful also to trans
NIT parcels OF the same from time tC
time to the Assistant Treasurers depos.
itories and other officers Of the United
States for exchange under the general
regulations proposed by the director OF
the mint and approved by the Secretary
of the Treasury; and silver coins OF less
denominations that one dollar, when
presented at the treasury, or any sub,
| treasury or depository OF the United
States in sums not less than twenty dol
lars shall be received in exchange Tor
money of full legal tender.
SEC. 6. That section 1856 of the Re
vised Statutes be amended so as to read
as follows: Sec 35S5. The gold coins ol
the United States and standard silver
dollars shall be legal tender in all pay
ments at their nominal value, when not
below the standard weight and limit OF
tolerance provided by law for single
piece, and when reduced in weight be
low such standard and tolerance shall be
legal tender at a valuation in proportion
To theiractual weight. The Secretary oil
the Treasury is directed and required TO
cause to be paid out, without dlscrlml-
nation, the standard silver coin belong
ing TO II e Government, which may at
any time be in the Treasury, the same
as gold coin, in the liquidation OF all
kinds of money obligations against the
Government.
SIC. I. That section 1856, of the
revised statutes of the United States,
be amended so as to read rs follows:
Sec. 3,5S6-Silyer coins OF the United
States of smaller denominations than
one dollar shall be legal tender at their
nominal value ior any amount not ex-
ceeding $50 in any one payment.
SEC. 8. The Secretary OF the Treas
ury is authorized and required to re-
quired TO receive deposits OF gold or sll-
yer coin and gold or silver bullion with
the Treasurer or any assistant treasurer
OF the United States, or to receive bul-
lion deposited with the Superintendent
of the branch mint at Denver, Colorado;
with the Superintendent OF the branch
mint at Carson City, and OF the Gov
ernment assay offices, in sums OF not
less than $50, and TO issne certificates
Therefore in denominations at the
discretion Of the depositor, OF
not less than s. each, cor
responding with the denominations
of the United States notes. The coin or
bullion deposited for or representing
the certificates of deposit, shall be re-
tanned in the Treasury for the payment
of the same and the certificates repre-
senting coin in the Treasury, together
with those issued for bullion deposited,
shall be received at par in payment Tor
all dues to the United States, including
duties or imports, provided that all Ger
tificates for gold or silver bullion shall
be issued at the average market value Of
such bullion, in the standard coin OF the
same metal, in New York and San Fran
cisco, for the week next preceding such
deposit; and provided further, that
gold or silver bullion shall become the
property of the Government by the
return OF certificates to the Treasury in
payrIa ant OF dues thereto, shall be coined
and paid out the same as other money.
SEC. 9. That from and alter the pas
sage of this act, except as provided IN
section s, only coins of less denOmina-
ton than one dollar shall he fabricated
on government account, but the Secre-
tary shall caused to be coined, up TO
the full capacity of the mints in con-
nection with other coinage, the gold and
silver bullion deposits for coinage under
this act, precedents shall be given shall
in the order in which the de-
posits are made; but this provision shall
not prevent the delivery OF coin or
stamped bars in exchange for bullion as
soon as its value is ascertained. Pro-
rided, That in determining the aver
age market value of bullion for
the purpose of asceI tanning the
charge ior converting the same into
coin as provided by section 1924 Of
the revised statutes, as amended by the
4th section of this act, said market rate
shall be the value of bullion in coin OF
the same metal at its legal tender valne
i'm the cities of New York and San
Francisco for the week preceding such
deposit. Provided further, that in the
event that silver bullion is not deposited
under the provisions of this act avail
able for coinage to the amount OF
s., 100000 per month, then the Secretary
of the Treasury shall continue to pur-
chase under the provisions OF the law OF
February 2S, 1873, sufficient silver bull
lion to coin $1,000, 900 per month.
SEC. 10. Nothing contained in this act
shall be construed to authorize the
coinage of silver except into standard
dollars.
SEC. II. All acts or parts of acts in
consistent with this act are hereby re-
pealed.
The Forthcoming Veto.
WASHINGTON, May 24.-The legisla-
tive bill which lacks the signature OF the
presiding officer of the Senate will prob
ably be received of the President Mon
day or Tuesday, and veto is expected
Wednesday or Thursday. The message
will not be delayed longer than Thursday,
and as Friday is Decoration Day, a
debate on the veto, if the majority de-
eide to debate, will probably take
place Saturday. 1t is said that an effort
has been made by some of the majority
through prominent Republican mem
bers to secure the consent OF the Presi-
dent to a compromise, but that the lat
ter declines to consider any such propO-
sition.
WorkinGmen's Demonstration.
SAN FRANCIsCo, May 25.-A working
mems procession is now marching
through Montgomery street, filling Its