Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1879-06-04
CONGRESSIONAL SUMMARY.

FRIDAY. NAV 23-Senak.-The senate
.ook M the bill making subsidiary coin
archangeable for lawful money of the
United States, and 10 make such CONS
Isgal tender in sums up to $50. The
Committee amendment to the substi-
,,,te of SO for $50 was discussed. The
bill was supported bv Bayard, Booth,
Ferry and Herman, and opposed by
Fdmunds and Thurman. The morn
ING hour having expired, the bill went
over without action. The senate then
took up the contagious disease bill.
IN difference to the views of several
senator's. Harris moved to reduce the
nenalty named in the bill from S., 1000
to 81, 200. He thought that fine large
enough to effect the desired object.
Adopted. After further remarks the
hin was reported back to the senate
and the amendments made in commit
tee of the whole were agreed to. 1t was
then read a third time and passed;
yeas "a, nays II. Adjourned.
FRIDAY, May 23-House.-The house
coucurred in the senate amendments to
The legislative bill and that now goes
to the president. The rest of the ses-
sion which lasted until Saturday morn
ing was debated to fillibustering over
the Warner silver bill.
SATURDAY, May 24th-Senots.-The
senate was not in session.
SATURDAY, May 24th-House.-The
house, after remaining in session all
night Friday night, reached a vote on
the Warner silver bill at 9 o'clock Sat
urday morning. The bill passed by
ayes ia, noes 81. The house then ad-
iourned until Tuesday. The following
is the full text Of the Warner silver bill
as it passed the house:
"A BILL TO amend certain section of the revised
statutes OF the United States, relating TO coin
age and coin and bullion certificates and for
other purposes.
Be HeHdcted, etc, That section 35l1 Of the re-
yised statutes of the United States be amended so
az to read as follows: Section 35ll. The gold
coins Of the United States shall be a dollar piece,
or unit, a quarter eagle, or two and d halt dollar
piece, q three dollar piece, and a half eagle, or
i've dollar piece, eagle, or ten dollar piece. and
double eagle, or twenty dollar piece, and the
standard weight of the gold dollar shall be %
$40 grains; of quarter eagle, or two and a half
dollar piece, ofG4a grains; of three dollar piece,
II 10 grains; OF half eagle, or five dollar piece,
800 grains; of eagle, or ten dollar piece, 25S gains;
of double eagle, or twenty dollar piece, 5l6
grains.
Section J. That section 3513, revised statutes Of
the United States. be amended so { $ to read as fol-
lows: Section 35I3. The silver coins of the United
States shall be a dollar, or a unit, half dollar, or 81
cent piece, a quarter dollar or - cent piece, a dime
or 10 cent piece ; and the weight of the dollar shall
be 412Hs grains Troy weight; of the half dollar shall
be !2Aa grams of the quarter dollar and dime, shall
be respectively u and 10 of the half dollar and
the silver dollars in the treasury of the United
States, when reduced in weight by natural abrafion,
more than one per centum below the standard
weight prescribed by law, shall be recoined.
section 3. That section $500 OF revised stat
utes be amended so as to read as follows: Sec
ton 1929. Any owner of silver bullion may de-
posit the same at any mint to be formed into
bars or into standard dollars Of weight of 4l2I2
grains Toy for his benefit. and no deposit of sill
yer foi other coinage shall be received. and sill
yer bullion contained in gold deposits and sep
arated therefrOm may be paid for In silver coin.
provided it shall be lawful to refuse at the mint
any deposit of bullion of less value than 500 and
sny bullion SO bad as 10 be unsuitable for opera
lions of the mint.
Section 4. That section 1924 of revised 81 atutes
of the United States be amended so as to read as
follows: Section 1924. Charges for converting
gold and silver bullion INTO com shall be the dill
ference between the market value OF bullion in
New YORK city, and the legal tender OF coin
The charges for milling and refining when bull
lion is below the standard; for tougheDirg when
metals contained in it render it unit for coinage;
for copper used for alloy when bullion is above
standard: for separating gold and silver when
these metals exist together in bullion; and for
preparation for bars, shall be fixed from time to
time by the director with the concurrence of the
secretary OF the treasury so as To equal but not to
exceed in their judgment, the actual average
cost to each mil and assay office of material,
labor, wastage and use of machinery employed
In eacl case before mentioned.
Section. ). That section 1927 of the revised
statutes of the United States be amended so as to
read as follows Section 3527. Silver coins of less
denomination than one dollar, shall be paid out at
the several minis and assay offices in New York city
othe extent they may be required in exchange for
Standard silver dollars. or United States notes at par
IN sums not less than fifty dollars. 1t shall be la"
tl also to transmit parcels of the same from time to
time, to assistant treasurers, repositories and other
Ulcers of the United States, for exchange under
general regulations proposed by directors of minis,
and approved by the secretary of the treasury Sill
yer coins of less denominations than one dollar,
when presented at the treasury, or any sub-treasury
or depository, in sums not less than twenty dollars
snail be received in exchange for money OF full iega
tender.
Section &. That section 1885 OF the revised
statutes oithe United States be so amended as to
read rs follows: Section $3.50. The gold coins OF
The United States and standard silver dollars
snall be legal tender in all payments at their
nominal value when not below standard weight.
and tue limit of tolerance provided by law for a
single plece; and when reduced in weight below
SuCn standard and tolerance shall be legal tender
a. valuation in proportion to their actual weight.
The secretary al he treasury is directed and re-
CURED to pay out without discrimination standard
NlNef com belonging To the government. which
m%y at any time be in the treasury the same as
2oId coin in liquidation of all kinds Of money OBJ.
"gaLlOns against the government.
Section Z. That section 1886 of the revised stat
Nles OF the United States be amended so as To
1S;sd a. follows: Section 1855. Silver coins o fthe
L9ted states of smaller denomination than one
SuAAr SHAFT be legal tender at their nominal value
af any amount not exceeding twenty dollars in
any one amount.
section $. The secretary OF the treasury Is
-'taoflzed and required to receive deposits oil
so.q OF silver coin and gold or silver bullion
T'tI Tue treasurer or any assistant treasurer OF
.ue 1 nlted States, or to receive bullion deposited
nItl The superintendent Of the branch mint at
pehNer, Colorado, or with the superintendent OF
NV ofanch mint at Carson, Nevada, and of the
5olefhnent assay offices, in sums OF not less
Ian ~, and TO issue certificates therefor in de-
nomlhations at the discretion ofthe deposition of
Nv ie's than g each corresponding with the de.
--MLuAtLln.- ~ Irritnd Stntun- .aAna lL.-nAl