The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-04-10
COINAGE BILL
Part of the Territorial
Act.
News of Favorable Action by House
Committee--Means a Million
Dollars to Hawaii.

| provides for the minting of Hawaiian
currency into United States coins and
he redemption of silver certificates. 1t
means a saving to this Government of
about S1.OOO,OO0. News of its incorpor-
alton into the territorial bill 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
a provision for the 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 tel
egram was dispatched to Mr.. Hart
well, urging close attention TO the mat
| ter. The bill in detail is as follows:
j5th Congress, 1st Session.-H. X. 1921.
IN THE HOUSE OF REPRESENTA-
TIVES, January %, 1900.
Alr. Knox introduced the following
bill; which was referred TO the Com
mitJce On the Territories and ordered
TO ne printed.
\ Bill Relating- 10 Hawaiian Silver
Coinage and Silver Certificates.
BE it 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 OF
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 o.
all dues to the government of the Ter
ritory of Hawaii and of the United
States, and the same shall not AGAR
De put into circulation, but they shall
be recoined in the minis as United
States coins.
Sec 2. That when such coins have
been received by either Government II
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 o
the same denominations as nearly a
may be- And the superintendent o
. the said mint shall pay for such coins
at their face value, to the proper offi
Ger or agent of the Government depos
iting the same, the sum so deposited
in standard silver coins of the Unite
States The expenses of transmittin
said coins to and from the Hawaiia
Islands shall be borne equally by tn
United States and the Government {
Hawaii.
Sec. 8. That any collector of custom
or of internal revenue of the Unite
States in the Hawaiian Islands shall,
he is so directed by the Secretary
the Treasury, exchange standard silyt
, coins of the United States that are
his custody as such collector with III
Government of Hawaii, or with an
person desiring to make such el
change, for coins of the Government
Hawaii. at their face value, when II
same are not abraded below the Law
full standard of circulation. and Il
Treasurer of the United States undo
the direction of the Secretary of Il
Treasury is authorized to deposit sue
silver coins of the United States
shall be necessary with the collect
of customs or of internal revenue
Honolulu or at any Government q
pository for the purpose of makll
such exchange under such regulation
as he may prescribe.
Sec. 4. That any silver coins sfru
by the Government of Hawaii that a
mutilated or abraded below SUI
standard may be presented for recoi
age at any mint in the United Stat
by the person owning the same, or
or her agents, in sums of not less tn
fifty dollars, and such owner shall
maid for such coins by the superb
IT, Nh.. hull "A
per troy ounce of the fine silver tn
y contain in standard silver coin of I
> United States.
n Sec. ,. That silver coins heretofc
4 struck by the Government of Haw
! shall continue to be legal tender
/; debts in the Territory of Hawaii. in
. cordance with the laws of the Repu
I: lie of Hawaii, until the first day
. January. 1903, and not afterwards.
5 Sec. 6. That no seigniorage, or nj
4 dues. or charges shall be made or
!, tanned for the recOinage OF the silly
coins of the Government of Hawaii
Z any mint of the United States, unC
! the provisions of this Act.
See. Z. That any silver certiiica
!: heretofore issued by the Governm,
! of the Hawaiian Islands. intended
! be circulated as money, shall be
deemed by the lerrltOTldl UONtIHHl'
~ of Hawaii on or before the first day
- January, 1904 and after said date
shall be unlawful to circulate the sa
- as money.
- Sec. s. That nothing in this Act Ct
- tanned shall bind the United States
redeem any silver certificates issued
the Government Of Hawaii, or any
yer coin issued by such governme
y. except in the manner and upon
conditions stated in this Act for
= recoinage of Hawaiian silver.
=. A TESTINONIAI, FROM OLD EN-