Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1890-01-21
1id1iings 6
THE NEUTRALITY-SUSPICIOUS. BILL
Text OF the silver Measure Prepared by
Sec. Window.

WAsnlNGroN, Jan. 2l. Following is IA
text OF the administration bill prepared b
Secretary Window, embodying the silye
measure proposed in his annual report
and which will be introduced in both tn
house and senate during the coming e. k
A bill authorizing the issue OF treasur
notes on deposits of silver bullion.
Be it enacted, etc, That any owner O
silver bullion, the product OF the mines o
the United States, or If ores smeltet
or refined in the United States, may ,!e
post the same at any coinage mint or a
any ASSAY otfice in the United States tina
the secretary of the treasury may deeig
nate, and receive therefor treasury notes
hereinafter provided for, equal at the date
OF deposit to the net value of such silver al
the market price, such price to be deter.
mined by the secretary of the treasury
under the rules and regulations prescribed
| based upon the price current in the lead
lug silver markets of the world; but no
deposit consisting in whole Or in part of
silver bullion or foreign silver CONS i'm
ported into this country, or bars resulting
fiom melted or refined foreign silverroins,
shall be received under the provisions of
this act.
Sec. 2. That tie secretary of the treas
nry shall cause to be prepared treasury
notes in such amounts as may be required
for the purpose of the above section, and in
such form and denominations as he NAV
prescribe. Provided, That no not es shall
be OF a denomination less than 81 or more
than 81 600.
Sec. 3. That notes issued under this
act shall be receivable for customs, taxes
and all public debts, and when received
into the treasury may he reissued and
such notes, when held by any national
banking association, shall be counted as
part Of its lawful reserve.
Sec. 4. That notes issued under the
provisions of this act shall be redeemed
upon demand at the treasury of the
United States, or at the office OF the as
sistant treasurer of the United States, by |
the issue OF certificate of deposit for the
sum of notes so presented, payable at one |
Df the mints of the United States in an |
amount of silver bullion equal in value,
IN the date of said certificate, to the num-
Der of dollars stated therein, at the mar
set price OF silver, to be determined as
provided in section | !; or such notes NAV
)e redeemed in gold coin at the option OF
he government. Provided, That upon
lemand Of the holder, such notes shall
,e redeemed in silver dollars.
Sec. s. That when the market price
f silver, as determined by the secretary
+ the treasury, shall exceed 81 for 81 %
rains OF pure silver, it shall be the duty
f che secretary OF the treasury to refuse
. receive deposits of silver bullion for the
urposes of this act.
Sec. g. That it shall be lawful for the
ecretary of the treasury, with the ap-
roval of the president of the United
tates, to suspend, temporarily, the re-
eipt of silver bullion for treasury notes,
any time when he is satisfied that
trough combinations or speculative man. {
'ulation OF the market, the price OF silver
arbitrary, nominal or fictitious. t
Sec 7. That silver bullion deposited
nder this act, represented by treasury +
otes which have been redeemed in gold
lin or in silver dollars, may be coined !,
to standard silver dollars or any other L
'nominatlon of silver coin not author
ed by law, for the purpose OF replacing r.
in used in the redemption of notes.
Sec. =. That so much of the act of ii
ebruary 2S, 1878, entitled, can act to
thorize the coinage of standard silver O
'llar and to restore its legal tender char.
ter as requires the monthly purchase r
id coinage into silver dollars OF not less .:
an $2,0O0,000 nor more than $4 ,00O,- IL
D worth of silver bullion is hereby re-
aled. II
Sec. 8. That any gain or seigniorage L.
sing from coinage which may be ex-
lted under the provisions of this act l.
all be accounted for and paid into the II,
'asury as provided by the existing law.
Sec. 10. That silver bullion received tn
der the provisions OF this act shall be CO
bject to the requirements OF the exist
!, law and regulations of the mint serv- he
governing the methods of receipt. IN
amount of pure silver con, ~
ned and the amount OF charges or de- n.
rtions, if any, to be made. rs
Sec. II. That nothing in this act shall pr
construed to prevent such purchase
m time tG time, as may be required S.
silver bullion for subsidiary silver du
mage.
Zee. 12. That a sum sufficient to car be
out the provisions OF this act is hereby osl
out of any money in the
asury not otherwise appropriated. nh
lee. 49, That all acts and parts of acts m, pr,
onsistent with the provisions of this r,
are hereby repealed.
ec. Il. That this act shall take effect Fri
hirty days from and after its passage. to'
- for
Driving Cattle to Corn.
Wyo., Jan. 2l.-Tne contin- c,.
severity of the weather in western o;u
oming has caused number of promi- g..
It owners OF range cattle in Uintah W."
nty to form pool for the purpose of
nding up their cattle and sheep and ma
oping them to Nebraska, where food is "h
nty. A large gang Of cowboys is now int
aged in the roundup. By this action ma
loss OF range cattle in Ulntah will be
en- less than anticipated. Gag
his is the fret season in many years jr.,
the range has not been open there Ne
\ plenty of feed. Two thousand Snake er
r cattle in Carbon county are reported {
70 in starving condition. tba
" the
Washington Gossip. she
ARLINGTON, Jan. 20.-The southern leg
tv,t tko IL.