The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1892-02-18
BOOM FOR FREE COINAGE.
A GlLL FOR THE FREE COINAGE OF
GOLD AND SILVER.

committee on coinage, weights and
measures today disposed Of the silver
question, so taras the committee IS con-
ccrncd, by voting TO report iavorablv TO
the House the bill introduced by Mr..
Bland of Missouri for the free c0inarc
OF gold and silver and Tor the issue of
coin notes. The vote on the bill was
eight TO five.
AS the committee was called to order,
The consideration Of the Bland bill. as
previously ordered, was begun. The
bill was read section bv section. aud
discussed scratm.
MIR. Taylor moved to amend bv strik-
my out that part Of section | providing
for Tree coinage of silver bullion or the
issue. to the dcpositor of bnllion lcgal
tender notes covering the amount ofhis
| deposit. The motion was defeated ly
4 vote of eight to three.
Mr.. Williams Of Massachusetts then
moved TO strike out the word, "'rnnt
the standard gold silver coins Of the
United States shall he legal tender In
payment of all debts, public and prl-
va,c,' in section !.
Ills motion was defeated Yea, ).
nays !.
Mr.. Williams then moved an am,ud-
mGnt increasing the amount ol silver IN
the dollar.
Mr.. Tracy moved an amendment 10
this, which Mr.. Williams accented. in-
crcasinS the silver in the dollar to ;&&&}
grams OF pure silver.
The amendment was voted COWS -
yeas 5, nays s.
Mr.. Stone Of PENNSYLVANIA movcN 20
II | hc ,1I
NiiCd, that whenever gold and silver
CONS OF inc same denominations cease
t" exchange freely at lace value. and
either metal falls below or r:liscs nhnyr
! par, ihCn the mints shall be closed to
ihc weaker metal. until parity shall
have been rcstorcd.n
Inc amendment WAS defeated bv a
vote OF . to +.
Ar. Stone moved TO insert in section
| an amendment restricting free coina.c
to the product OF the mines of the United
States. This proposition was defeated
| by vote Of IL to 2-Mr. Stone and Mr.,
J"hSOn CT North Dakota voting III its
lNFor, and Mcssrs. Bland, Tracy, VIII
iElms, klGorc. Robertson, Pierce, El.,4.
lillAmS, Mckcighan, Bartnc and Wny.
lor against it.
MT. Hari!uc moved to amend section
l. increasing from $500 20 $1,000 the
highest denomination OF notes to be is.
sued. The amendment was unanimous.
~ adopted.
MI. Williams of Massachusetts moved
TO strike out section ., and Mr.. Tr,rv
moved 10 strike out section 4, and lu,h
motions were voted down without {; 81.
sion.
"A motion by Mr.. Tracy to lay the hrll
on thc table was also defeated.
Mr. BarLlnc moved that the bill. as
amended, be reported iavorab!y 10 lnc
| House.
Mr. Taylor moved to amend the mo-
ll"n, so rs to provide for an m(uyoro-
bic report.
MIR. lay ylor's motion was defeated by
Il vote OF . to 5, and Mr.. Bartinc's mo.
Ton agreed to by the same vote.
lhose voting for the favorable rcport
were: Bland Of Missouri, Williams of
llHnols, kilgorc Of Texas, Robertson of
Louisiana, Pierce of Tennessee, Epes of
Virginia, Mckcighan Of Nebraska and
l5arline OF Nevada. Those arainst q
favorable report were: Tracy of New
ok, Williams Of Massachusetts, Tny-
lor OF Illinois, Stone Of PENNSYLVANIA
and johnson Of North Dakota.
MI. Bland, chairman Of the commit
zee, was instructed to report the bin
laVorablV and draw up Il report advoca-
ting its passage.
Inc minority reserved the ri"ht to op-
nose inc measure, and will file a report
against it.
FULL TENT or THE BILL.
The full text Of tho free coiuouc L,u
adopted by the House committee on
coinage. weights and measures today is
as follows:
That the unit of value in the United
States shall be the standard silver JoIr,r
as no" coined, consisting OF Il2I Grams
standard silver, or the gold dollar Of 2j .S
gl3lhs standard gold; that the standard
"o!u ana silver coins Of the United
States shall be q LEGAL tender i'm pay-
f'ent OF all debts. public and private.
Any holder OF gold or silver bullion of
| thc value OF 500 or mere, of standard
fhcncss, shall be entitled to have fine
same struck into any authorized stand.
ara CONS OF the United States. free of
charge, az the mints of the limited
States, or the owner Of the builiou may
deposit The same at such minis and re-.
CcVc therefor coin notes cuual in
amount to the coinage value OF The iuI.
hon deposited, ana the bullion there
upon shall become the property 0! The
| government. That the coin notes 50
issued shall be in denominations OF not
less than 81 nor more than 81 900, and
shall be legal tender in like manner
and invested with the same monetary
uarS as the standard gold and Silver
cons OF he United States.
sec. >. That after the passage OF THIS
act. IL shall not he lawful to issue or re-
| issue 2old Or silver certificates or treas
uTN notes provided for in tic act of .July
II, 1890, entitled "An act directing ihc
purchase OF silver bullion aud the issue
OF treasury notes thereon, and for other
purposes" That all such certificates
and treasury notes when received in the
treasury shall be cancelled and Gns-
troycd, and coin notes provided for IN
the first section shall be issued in lien
OF the certificates and treasury notes so
cancelled and destroyed. Provided.
that nothing herein shall be construed
to change, modify or alter the LEGAL tor-