The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1902-03-28

wAstINGToN. ~ e.. March 70
rhe fret important bm for Hawaii. g.
pass either branch ~ Congress this SOS.
sion BE- THAT relating Go silver coinar.
u was called ur ln the senate boy M
Foraker chairman ~ the committee
ON Pacific Islands and Porto Rico.
March r.. ana passed with slight mode
h,ntinrs Some weeks ago the bin was
fayurably reported tu the House by thu
Committee un CuiuaEe. Weights and
Measures Apparently there IS little
doubt that the bin. which is the one
drawn by Mr. william Haywood. will
become law before Congress adjourns
This bill was introduced In the House
by Representative Hrl of Conn. ana I'm
the Senate by MIR. Foraker. have all
ready sent the notifications made by
the House committee. The Senate
committee made only one change In the
bill as introduced by Mr.. Foraker. and
that was in section Z where, as intro
duced. it was provided that after jan
uary ]. 1904. no more OF the Hawaiian
silver shall be redeemed by the Govern
ment and it shall be unlawful to circu-
late the same as money. The commit
~ tNAfAANA'h AAAlN lAlillA ~ ddhhhlN l.
1905. The report on the bin was very
brief. making only a few printed lines.
BY unanimous consent the Senate
agreed to consider the measure, and
forthwith passed the amendment Mr..
Teller. OF Colorado. inquired what was
the object OF making it a crime to cir
culate the Hawaiian coins after a GER
tain date, and Mr.. Foraker responded
that it was for the purpose of getting
all these coins redeemed. There are
very few of them in circulation" add
ed Senator Foraker. Most of those is
sued have already been taken up" The
Senator added that the aggregate of
silver in circulation I'm Hawaii was on
ly about 100000.
There were other inquiries about the
denominations of the coins and the his
tory of their coinage, Senator Plat, of
Connecticut, being one of the question
ers. Senator Teller made some objeC-|
ton to the provision for payment of the
coins as fast as taken up Tin standard
silver coins of the United States" He
held that the word STANDARD was SUI
perfluous, and accordingly it was omit
ted by vote OF the Senate.
In answer to Senator Allison Senator
Foraker said that these Hawaiian coins
We're of the same standard of fineness
as our coins in the United States. But
the IOwan smelled rat, he thought,
in the provision about seignorage, and
for over a half hour he pressed his
views home till he secured an amend
ment striking out section 6. which
reads That no seignorage, or mint
dues. or charges, shall be made or rei
tanned for the reconage of the silver
coins of the government of Hawaii at
any mint of the United States under the
provisions Of this act"
The wrangling was amusing at times,
as Senator Allison insisted that the
Hawaiian government would be the
beneficiary Of this seiguorage and Sem
ator Foraker insisted that the United
States would be the beneficiary.
Senator Plat of Conn, first explain
ed how the difference would come in.
and MIR. Allison supplanted his state
ment by saying that the subsidiary
coins are worth ten per cent less than
the standard coins or dollars. Dr.,
Senator Foraker explained that all
the Hawaiian coins were to be coined