Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1879-05-27
WARMERS SILVER BILL.

AOiioWtuS 10 . tull to4S VI WALNUT
silver bill. which passed the house on ,h,
24thsinsE.
"A bill to amend certain sections of III,
revised statutes OF the United States relat
ling to coinage and coin and bullion, certi6
Gates. aud for other purposes.
Be II enacted, ETC., that section 3511 ol
the revised statutes Of the United States be
amended 30 as to read as follows:
Sec. !. The gold coins of the United
St4tes shall be a one dollar piece or unit,
quarter eagle, or two andA half dOllsr piece,
q three dollar piece. d half eagle or i've dol.
lat piece. an eagle or ten dollar piece, and
Q double eagle or twenty dollar piece, and
the standard wight of q gold dollar shall
be &c BIO grains ief . quarter eagle OF Two.
Snd-a:half dollar piece. 774-1e gains: of Z
half eA9le or 6vs dollar pieces, 1eezgrains;
Of an ?eagle OF ten dollar piece, 258 grams;
lofa deuble eagle or twenty dollar piece,
SIC grains.
Sec 9. That section 1918 of the revised
statutes Of the United States be amended 80
o. to read as follows:
iced States shail beA dollar or unit, a half
dollar or fifty cent piece. a quarter dollar
or twenty-five cent piece, a dime or ten cent
piece, and the weight Of q dollar shall be
41211f grains Troy; the weight Of Q halfdol-
LAT shalrbe 2l211S grains; the weight Of q
quarter dollar aud dime shall! be respective
" One-half and one-ffth of said half dollar,
and the silver dollars in the treasury of the
United States, when reduced in weight by
naturai abrasion more than D per cent
below the standard weight prescribed by
Law, shall b recoined. =
Sec. g. That section $3.50 of the revised
statutes of the United States be amended so
to read as follows:
Sec. $500. Any owner of silver bullion
may deposit the same at any mint to be
formed into bars or into standard dollars of
the weight of 41211a grains troy for his
benefit, and no deposit Of silver for other
coinage shall be received; and the silver
bullion contained in gold deposits, and
separated theretrom. may be paid for 10
silver coin, provided 1t shall be lawful to
refuse at the mint any deposit of bullion of
less value than 800, and any bullion SO
base as to be unsuitable for the operations
of the mint.
Sec. 8. That section 1924 Of the revised
statutes of the United States be amended go
as to read az follows:
Section 1924. The charges for converting
gold and silver bullion into coin ehall be
the difference between the market value Of
bullion in New York ely and the legal
tender value Of coin. The charges of smell.
ting and refining, when the bullion is below
standard, for toughening when metals are
continued, which render it unfit for coinage,
for copper used for alloy when the bullion is
above standard, for separating the gold and
SILVER, WHEN these metals exist together in
bullion. and for the preparation of bars,
shall be fixed from time to time by the
directors with the concurrence Of the Sec
rotary Of the treasury, go as to equal, not to
exceed, in their judgment the actual average
cost to each mint and assay office of the
material labor, wastage and use of machine
~ employed in each case Of ore mentioned.
SEC. S. That section 1927 Of the revised
statutes of the United States be amended go
as to read as follows:
Section 1927. Silver coins of less demo-
limitations than one dollar shall be paid out
at the several mlnts and the assay office in
New York city to the extent they may be
required in exchange for standard silver
dollars or United States notes at par, il
sums Of not less than $50. 1t shall be law
full also to transmit parcels of the same from
time to time to the assistant ~treasurers, de.
positories and others of the United States
for exchange under the general regulations
proposed by the directors Of the min,s and
approved by the secretary of the treasury,
and silver coins Of less denominations than
one dollar, when presented to the treasury,
or any sub treasury or depository of the
United States in rums of not lea. than $50,
shall be received in exchange for money
Of full legal tender.
SEC. s. That section 1855 Of the revised
statutes Of the United States be amended 30
as to read as follows:
Section 1886. The gold coins of the
United States and standard silver dollars
shall be legal tender in all payments at
their nominal value when not below the
standard weight and limit of tolerance pro-
vided by law for q single piece, and when
reduced in weight below such standard and
tolerance, shall be legal tender at a valua-
ton in proportion to their actual weight
The secretary Of the treasury shall be in.
structed and be requested to pay out with,
out discrimination standard silver coin il
liquidation in all kinds of money obliga
tons against the United States.
Sec. 8. That section 1856 of the revise,
statutes OF the United Ststes he amended 81
as TO read as follows:
Section 1856. Silver coins of the Unite,
OCdVeS VI bm6ller denominations than on
dollar shall be legal tender at their nomins
value for any amount not exceeding $40 il
any one payment.
Sec. 8. The secretary of the treasury I
authorized and required to receive deposits
Of gold or silver coin anG gold or silve
bullion with the treasurer OF any assistan
treasurer of the United States, or to receiv
bullion deposited with the superintendent
of the branch mint at Denver, Col, or wit
the superintendent of the branch mint q
> Carson City or the government assay Office
in sums of not less than $50, and to issu
certificates therefor In denominations at tn
discretion of the deposition of not less tbaI
IS, each of corresponding denomination
Of United States notes. The corn or bull
lion deposited for or representing certif
Gates of deposit shall be retained in III
treasury for the payment ofthe am on d,
msnd, and the certificates representing co,
In the treasury together with those issue
for bullion deposited or received at par i
? payment for all dues to the United State
Including duties on imports provided th,
VI H>