The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-01-29
IS
FTER THE JOB
CONTINUED from page one.J

ANstullnueu from page One.l
even them unless more success is met
in disseminating the information than
is usually met with. some Of these
hoarders will turn up at a bank or
store next January or later with
quantity Of Hawaiian silver which will
be worth only its bullion value, say
about forty cents on the dollar. Then
they Will dOnwer hiw it happened. They
will think they are being cheated, and
if, as it may very likely be, that out
of the savings of months half or three
quarters of IL is in Hawaiian silver,
worth after December 81. 1903 only its
bullion value, the loss will be consider
able.
The following is the bill as it passed
the two houses and was signed by the
President:
BE it enacted. etc. That the silver
coins that were coined under the laws
of Hawaii, when the same are not mu-
tilated or abraded below the standard
of circulation, shall be received at the
| par of their face value i'm payment OF
/ all dues to the government of the Ter
/ rtOry of Hawaii and of the United
| states, and the same shall not again be
/ put into circulation, but they shau be
recoined i'm the miuts as United States
coins.
I
/ been received by either Government in
sums not less than 5000 they shall be
deposited as bullion i'm the mint at San
Francisco, Cal, and shall be reCoined
as subsidiary coinage of the United
states. 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 depUsiting
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 Territorial gov
eminent of Hawaii.
Sec 3. That any collector of GUS
toms or of internal reynue of the Unit
ed States in the Hawaiian Islands
shall, If he is so directed by the Sec
rotary of the Treasury exchange sts,--
dard silver coins of the United States
that are in his custody as such collec-
tor 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
Treasurer of the United States, under
the direction of the Secretary of the
Treasury, is authorized to deposit such
| silver coins of the United States as
/ shall be necessary with the collector Of
customs or of internal revenue ait Ho-
nolulu or at any Government deposit
DRY for the purpose of making such
exchange 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
4 person owning the same, or his or her
agents in sums of not less than $50,
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, and
such bullion shall be coined into the
/ subsidiary coinage of the United
States.
] Sec 5. 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 LIST day of
January, 1904, and not afterwards
Sec. g. That any silver certificates
heretofore issued b. the government Of
the Hawaiian Islands, intended to be
circulated as money, shall be redeem
ed by the Territorial government OF
Hawaii on or before the LIST day OF
January 1905, and after said date ii
shall be unlawful to circulate the same
as money.
Sec. Z. That nothing in this act con-
tanned shall bind the United States tC
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
condition stated in the act for the re-
coinage of Hawaiian silver.
Sec. 8. That the sum of 100000, or Sc
much thereof as may be necessary, Is
hereby appropriated, from any moneys
in the Treasury of the United States
not otherwise appropriated, for the
payment of the expenses of transports
ing said coins from the Hawaiian Isl
ands to the mint at San Francisco, anC
a return of a like amount in the, sub
sidiary coins of the United States &
the Hawaiian Islands"