Mexico weekly ledger., 1879-05-29
CONGRESSIONAL.


CONGRESSIONAL.
The Silver Bill i'm the House.
WASHINGTON, May 22.-The silver
bill was taken up. Mr.. sBuckner's
amendment was agreed to. The bill
as amended Is as follows: See l..
Provides that gold coins shall be one
dollar pieces or. units of % $40
grains quarter eagles, three dollar
pieces, eagles and double eagles.
Sec. 2; Silver coins shall be the dol
lar unit, q half and quarter dollar and
a dime, that the weight Of the half
dollar shah be Liz I-2l grains and
that Of the quarter and dime one-half
and one-ffth Of that. { Also that sill
yer dollars when reduced in weight
by natural sbrasion more than one
per cent. shall be re-coined. Sec. 3
provides for deposits of silver to be
converted at the mint into bars and
coins. Sec. 4 makes the difference
between the value of bullion aud coin
the charge of minting, but cost of
ollays are to be established by direc-
tor of mint. Sec. S provides for the
redemption of small silver coins when
presented IN sums of $50. Sec. 6.
makes gold coins and standard silver
dollars (4l2 LIZ grains) legal tenders
for all payments, and requires silver
to he paid out without discrimination
against it. Sec. z makes small coins
legal tenders for $40. Sec. 8, as
amended on motion of Mr. Buckner
and others reads thus: The secreta-
ry. Of the treasury is authorized and
required to receive deposits of gold
and silver coin and gold or silver
bullion with the tire asurer or any as
sistant' treasurer of the United States
or to receive bullion deposited with
the superintendent of the branch
mint at Denver, Colorado, or with
the superintendent of the branch mint
at Carson City, and of the govern
ment assay offices in sums not less
than twenty dollars, and to issue
certificates therefor in denominations
ut the discretion of the depositor OF
not less than five dollars each, cor
responding with denominations OF
United States notes. The coin OF
bullion deposited for Or representing
certificates Of deposit shall be retain.
ed in the treasury for payment ofthe
same on demand, and certificates
representing coin in the treasury, to-
gether with those issued tor bullion
deposited shall be received ut par in
payment for all dues to the United
States including duties on imports
Provided that all certificates for gold
or silver bullion shall be issued at
the average market value of such bull
lion in standard coin of the same
metal in New York and San Francis
co for the week next proceeding sncl
deposit and provided further tina
gold or silver bullion which shall be
come property OF the government b.
return of certificates to the treasury
in payment of dues thereto shall b.
coined and paid out the same rs 9th
er money. Sec. 8 provides that onl.
coins smaller than one dollar shall b.
fabricated on government account
lion dollars worth of silver buliio,
shall be purchased If that much i
not deposited and coined monthly
The secretary shall cause to be coine'
up to the full capacity OF the mint
the gold and silver deposited unde
this act. On motion of Mr.. Nill
there was added the proviso ths
nothing in the act should authorize
coinage OF other than silver dollar
for depositors. On motion to repea
all laws inconsistent with the bill thu
Republican members began to fill
buster and the session of the Hous
EcontinSed all night. On the cath
The bill finally passed the House
Vote. Yeas, ia; nays, 81. Th
following Republicans and National
voted yea: ,Ts.so,'
Messrs. Belford, Cannon, Dugget'
De La Matyr, Ford, Fort, GiIle,
Marsh, Martin, of N. c., Murch
] Russell, of n. c., Stevenson, Weave
t and Yocum, Democrats and Natior
e ais voting nay were Messrs. Bis
t Covert, Deuster, Hurd, Jones, Nor
: rison, Muller, Poehlsr and F. Wood
L If those paired had been present tt
cote would have stood 144 to 127.