Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1901-03-04
HAWAII COINAGE BILL
MEASURE INTRODUCED
BY SENATOR FORAKER
ALI Hawaiian Silver to be Taken Over
by Uncle Sam and Recoined--
Sure Of Passing the
House.
Especial Correspondence


Washington. d. c.. Feb. 1.-THE
Senate yesterday passed Senator Foo
raker's bill relating to retirement OF
Hawaiian coinage and currency. The
text Of the bill as passed is as follows:
That the silver coins under the laws
Of Hawaii. when the same are not mu-
tilated or abraded below the standard
of circulation applicable to the coins
OF the United States, shall be received
at the par Of their face value In pay
ment of all dues to the government of
the Territory of Hawaii and Of the
United States. and the same shall not
again be put into circulation. but they
shall be recoined in the minis as Unit
ed States coins.
Sec. 9. 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, Cal, and
shall be recoined in pieces Of the same
denominations as nearly as may be.
And the superintendent OF the said
mint shall pay for such coins, at their
face value. to the proper officer or
agent of the Government depositing 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.
Secs. That any collector OF Gus
toms or of internal revenue Of the
United States in the Hawaiian Islands
shall, II he is so directed by the Secre-
tary OF the Treasury, exchange stan
dard 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
exchange. for coins of the government
of Hawaii, at their face value. when the
same are not abraded below the lawful
standard of circulation, and the Treas
urer Of the United States, under the
direction Of the Secretary Of the Treas
ury, is authorized to deposit such sill
yer coins of the United States as shall
be necessary with the collector Of Gus
toms or of internal revenue at Homo
lulu or at any government depository
for the purpose Of making such Cx-
change 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 stan
dard may be presented for recoinage
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 superintendent Of
the mint the bullion value per troy
ounce OF the fine silver they contain in
standard silver coin Of the United
States.
Sec. ;. That silver coins heretofore
struck by the government of Hawaii
shall continue to be legal tender for
debts in the Territory of Hawaii, in
accordance with the laws Of the Re-
public of Hawaii. until the first day Of
January 1908, and not afterwards.
Sec. 6. That no seigniorage. or mint
dues, or charges shall be made or re-
tanned for the recoinage Of the silver
coins Of the government OF Hawaii DIT
any mint of the United States under
the provisions of this Act.
Sec. Z. That any silver certificates
heretofore issued by the government Of
the Hawaiian Islands. intended to be
circulated as money, shall be redeemed
by the Territorial government of Ha-
wall on or before the LIST day OF Janu-
airy, 1904, and after that date 1t shall
be unlawful to circulate the same as
money.
Sec. s. That nothing In this Act
contained shall bind the United States
to redeem any silver certificates issued
by the government of Hawaii, or any
silver coin issued by such government,
except in the manner and upon the
conditions stated In this Act for the
recoinage OF Hawaiian silver.
Sec. .. This Act shall take effect
and be in force from and after its pas
sage.
1t is confidently expected that this
bill will become a law at this session
of Congress. 1t has been referred to
the Committee on Ways and Means
and when reported to the House the OPP
position, formerly shown by Democra-
tic members, notably Gaines of Ten
nessee, and Shafroth OF Colorado, will
not be manifest and the bill is expected
10 pass without opposition.
J. A. BRECKONS.