The Hawaiian gazette., 1900-04-13
COINAGE BILL
Part of the Territorial
Act.
News Of Favorable Action by House
Committee means a Million
Dollars to Hawai-.

made q part Oh Lno terIltpIlil oill' IL
provides for The minting Of Hawaiian
currency into United States coins and
the redemption Of silver certificates. 1t
means a saving to this Government OF
about 81, 100000. News of It's ncorpor-
alton into the territorial bll came to
President Dole yesterday
The coinage bill has been for the
House Territorial Committee for some
time and now, according TO advices
from Special Agent Hartwell, Is pend
ing before the House Itself The in
formation is especially relished by the
officials here. 1t had been feared that
n provision Tor tho acceptance OF Ha-
waiian currency at its face value might
not be inserted in the bill. In that
case the coins would have been worth
no more than bullion value or about
half their face Only last week a tel
egram was dispatched to Mr.. Hart
well, urging close attention to the mat
ter. The bill in detail is as follows:
seth Congress, lest Session.-H. X. 1901.
IN THE HOUSE OF REPRESENTA-
TIVES, January %, 1900
Mr. Knox introduced the following
mittee ON the Territories and ordered
to be printed.
Bill Relating TO Hawaiian Silver
Coinage and Silver Certificates.
Be 1t enacted by the Senate and
House of Representatives of the Unit
ed States of America in Congress as
sembled, That the silver coins that
were coined under the laws of Hawaii,
when the same are not mutilated or
abraded below the standard of circula-
ton applicable to the coins of the
United States, shall be received at the
par of their face value in payment OF
all dues to the government of the Ter
ritory of Hawaii and of the United
States, and the same shall not again
be put into circulation, but they shall
be recoined in the mints as United
States coins
Sec. 2. That when such coins have
been received by either Government in
sums not less than five hundred dol
lars, they shall be deposited AS bullion
in the mint at San Francisco, Califor-
mia, and shall be recoined in pieces of
the same denominations as nearly as
may be. And the superintendent OIL
the said mint shall pay for such coins,
at their face value, to the proper Off
Ger or agent. of the Government depos-
ting the same, the sum SO deposited,
in standard silver coins of the United
States. The expenses of transmitting
said coins to and from the Hawaiian
Islands shall be borne equally by the
United States and the Government Of
Hawaii.
Sec. 3. That any collector OF customs
or OF internal revenue of the United
in ha II In n Lcl ap nd hon
he is so directed by the Secretary of
the Treasury, exchange standard silver
coins of the United States that are in
his custody as such collector with the
Government of Hawaii, or with any
person desiring to make such ex-
change, for coins of the Government OF
Hawaii, at their face value, when the
same are not abraded below the law
full standard of circulation, and the
Treasurer of the United States under
the direction of the Secretary of the
Treasury is authorized to deposit such
silver coins of the United States as
shall be necessary with the collector
of customs or of internal revenue at
Honolulu or at any Government de-
pository for the purpose of making
such exchange under such regulations
as he may prescribe.
Sec. 4. That any silver coins struck
by the Government of Hawaii that are
mutilated or abraded below such
standard may h presented for recoin-
age at any mint in the United States
by the person owning the same, or his
or her agents, in sums of not less than
fifty dollars, and such owner shall be
paid for such coins by the superin-
tendent OF the mint the bullion value
per troy ounce of the fine silver they
contain in standard silver coin OF the
United States.
Sec. s. That silver coins heretofore
struck by the Government of Hawaii
shall continue to be legal tender for
debts in the Territory of Hawaii in ac-
cordance with the laws of the Repub-
lie of Hawaii, until the first day OF
January, 1903, and not afterwards.
Sec. 6. That no seigniorage, or mint
dues, or charges shall be made or re-
tained for the recoinage of the silver
coins of the Government of Hawaii at
any mint of the United States, under
the provisions of this Act.
Sec. z. That any silver certificates |
issued by the Government |
Of the Hawaiian Islands, intended to
De circulated as money, shall be re-
ieemed by the Territorial Government |
If Hawaii on or before the first day OF
January, 1904, and after said date 1t
shall be unlawful to circulate the same
Is money.
Sec. s. That nothing in this Act con-
aimed shall bind the United States to
'edeem any silver certificates Issued by
he Government of Hawaii, or any sill
'er coin issued by such government,
except in the manner and upon the
stated in this Act for the
ecoinage of Hawaiian silver.
Y IS DANGEROUS TO NEcI nr1,