Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-23
DEFEAT COINAGE BILL
The House Rejects Philippine
Measure by a Vote Of
146 to 1913
SUBSTITUTE ADOPTED INSTEAD
This Was Offered by the Minority for
the introduction Of American Cur
rency and American Coinage System
in lsland-Lawful U. S. Money Legal
Tender in Philippines.

Washington, Jan. 23.-The house
leaders went down to signal defeat
yesterday when the house by a vote OF
JAG to 12S rejected the Philippine COIN
age bill, reported by the insular at
fairs committee, and adopted the sub
stitute offered by the minority for the
introduction OF American currency and
the American coinage system in the
islands. The insular committee in
cludes in it's membership the chairmen
of the most powerful committees OF
the house, Mr.. Cannon, chairman Of the
appropriations; Mr.. Hit, chairman of
foreign affairs; Mr.. Payne, chairman
of way and means; Mr.. Hepburn.
chairman of Interstate commerce, and
Mr.. Tawney, chairman Of the commit
tee on expositions. They reported a
bill to establish the gold standard in
the islands and to authorize the coin
age Of silver pesos Of 416 grains, to
be made legal tender at the rate OF
two pesos for gold dollar. The
majority members made a gallant
fight for their bill, but considerable
number OF republicans, twenty eight
on the final vote under the lead Of Mr..
Hill, OF Connecticut, Mr.. Fowler, of
New Jersey, and Mr.. Mccall, of Mas
sa~chusetts, Joined the democrats and
carried thru the substitute. The fact
that Secretary Shaw and other high
treasury officials were quoted On the
floor as favoring the substitute aided
in the overthrow of the committee bill,
against those OF Governor Taft, and
other members Of the Philippine COM
mission.
The substitute provided that the
lawful money Of the United States
shall be a legal tender in the Philip
pines and declares the coinage laws
OF the United States to be in full force
there. It provides for the redemption
OF the Mexican and Spanish silver,
not including any Mexican pesos Inn
ported into the islands after March
Is, 1903, at their bullion value as de-
clared from time to time by the Phil
ippine commission, the silver coin au-
thorized by the Philippine act to be
redeemed at the rate OF two pesos for
one dollar Of United States currency.
After six months no coin except that
OF the United States shall be legal
tender, with the following proviso:
THAT all debts, except those other
wise provided for in the contract, w
ing on the date when this act shall;
take effect, or contracted within six
months thereafter. shall be payable in
the silver coins now In circulation in
the Philippine islands, or In the law
full money Of the United States at the
rate Of exchange prescribed at the time
by the Philippine commission"
The bill provides that the pesos
coined under the Philippine govern
ment act and the Mexican and Span
Hish coins when redeemed or received
for public dues on the above basis
shall be coined in United States coin
at the mint authorized to be estab-
lished in Manila.
The Alaska delegate bill was taken
up and was supported by Mr.. Cush-
man (rep., W~ashington), Mr.. Wooten
H(dem., Texas, and MI. Sulzer (dem.,
New York;. and opposed by Mr.. War
ner (rep., Illinois.)