The Lamar register., 1900-02-28

urrsaey.
acton Feb. 25.-The Republi-
a,hsrs OF the conference com
y ,b~ financial blIl reached an
-, Yesterday. The Democratic
ypre called ia and stated
,,sIdou TO the bin and without
formality the bill was ordered
-, Of the bill as agreed upon
!, Mi, pe reported by the con.
and as il probably will become
as follows:
I'm I That the dollar consist
twenty-five and eiIht-tenths
n gold nint-Icuths fine, estab-
,T seton 3.5lI OF the Revised
~ the United States, shall BE-
rdarl unit of value and all
Z money issued or coined by the
S,,trs shall tse maintained Bt n
Z value with this standard, and
b. the duty Of the secretary OF
sury to maintain such parity.
That United States notes
surv notes issued under tn. act
n iSJ. when presented to the
far redemption shall be- tc-
Ia gold coin Of the standard
the arSt section of this act,
Cnlsr TO secure the prompt and
r,StsmpilOn OF such notes as
rruvidsd. il shall be the duty OF
rtary 0f the treasury TO set
III, treasury n rssssrye fund OF
.Rust Ia gold coin and bullion.
sgpd shall tsS used fOT such re
s purposes only, and when
a. often ss any Of said notes
redeemed from said fund IL
the duty % the secretary OF
,mry 10 use said notes 50 re-
70 restore aud maintain such re
fvui In the manner following.
L,-Ry exchanging the notes 80
3 fDE any gold coin In the gen
81 % the treasury; sec,tnd, by
deposits af said coin at the
gr any sub-ty,'nsury In ex-
f0r be United States notes -
~ third. by procuring gold
tas uSs 0t gold uotrs, la ac-
EItn iil. provisions 81 section
the Revised Statutes of the
SIET-S-
-s,crstnry Of the treasury -
20 urstUre and maintain the
10 Tho reserve fund by the
rs methods AMI the amount q
d Uugu and bullion In said fund
any tirnr fan below Sia-l,usb..
x Is shall h. hlz duty iD restore
% tas maximum sum OF Siln..
Is borrowing uIotry on the
q the Juits,l States and FOR the
~ Incurred 20 issue and soil
1f registered tsontis ~ the Unit.
- 10 such fOFm as hs may pre-
| fu denominations Of $40 or any
th,rssf, l-,arins Interest nj the
ngy -xers,lins thre-. pet ccatltm
agEn. ttayat'le quarterly, such
10 l.. nayabie 81 the pleasure Of
gFi State after one year from
j. at their issue. and 20 b. pay
fsiBrlpai and Interest. IN E5id
j he prss.-n; standard value. and
.tgupt from the payment of all
ur juss ~ the United States. n
from taxation 10 nuy form by
r state. municipal or locai au-
and She gold caiu received
;ts sale uf the said bonds shall
aOyar,-f into the general fund
treasury aud then exchanged In
pEusr h.rrint~fore prOyl,icd, for
al amount ct the noi-- rtyiseD-
tsl ksAl for exchange. and the
|bEy gf the treasury may. In his
saa, use said notes In exchange
~ OF 10 purchase or rs'tisefn any
q rhr United States. or for any.
lawful puTTJ-ar the public Inter
faY require, except thar they
B-eri Ia meet deticiencier IA the
: TvEsRuss. That Uultcd States
when redeemed in accordance
D. VEOvisionS OF this section.
J. rs-lssueJ. but shali be held
reserve fund until exchanged for
p beFeiu provided; aud The gold
fsi bullion ia the reserve fund.
b. with the redeemed notes held
a. provided 10 this section.
EGt DO time exceed the maximum
y Sl5u-prpnrp.
Il 3. That nothing contained In
shall be- construed to affect the
irl7lor quality rs now provided
r NJ the silver dollar. or % any
money coined or issued by the
States.
d I That there h. established In
feasuEy Department as part OF
F." " the treasurer of the Unit
its divisions 20 be designated
ELoTu as the division OF issue and
vision Of redemption, TO which
tE assigned. respectively, under
FeEulatEous as the secretary OF the
Efy msy approve. all records and
Is relating to the issue aud re
Flon Of Uuited States notes, gold
'iirs, silver certificates and cur
certificates, There shall be trans
h irnm the accounts OF the general
["f the treasury OF the United
and taken up on the books OF
DIVISIONS, respectively. accounts
hE To the reserve fund for the re-