An Act to authorize adjustments in the amount of outstanding silver certificates, and for other purposes.
PL 90-29 (S.1352), enacted 06/24/1967

81 STAT. ] 
PUBLIC LAW 90-29-JUNE 24, 1967 
77 
GENERAL PROVISIONS, RELATED AGENCIES 
SEC, 202. The per diem rate paid from appropriations made avail-
able under this title for services as authorized by 5 U.S.C. 3109 or ^° ^*^*- '^^^• 
other law, shall not exceed $88. 
TITLE III—GENERAL PROVISIONS 
SEC. 301. No part of any appropriation contained in this Act shall 
remain available for obligation beyond the current fiscal year unless 
expressly so provided herein. 
This Act may be cited as the "Department of the Interior and Re- ^^°^ "*!«, 
lated Agencies Appropriation Act, 1968." 
Approved June 24, 1967. 
Public Law 90-29 
AN ACT 
June 24, 1967 
To authorize adjustments in the amount of outstanding silver certificates, and 
[S. 1352] 
for other i)urposes. 
Be it eruicted by the Senate and House of Re'presentatives of the 
United States of America in Congress assembled^ That the Secretary 
Siiver certifi-
of the Treasury is authorized to determine from time to time the "^A^c^counting ad-
amount of silver certificates (not exceeding $200,000,000 in aggregate justment. 
face value), issued after June 30, 1929, which in his judgment have 
been destroyed or irretrievably lost, or are held in collections, and will 
never be presented for redemption. In the case of each determination 
he shall credit the appropriate receipt account with an equivalent 
amount, and shall reduce accordingly the amount of silver certificates 
outstanding on the books of the Treasury. 
SEC. 2. Silver certificates shall be exchangeable for silver bullion for ,^f.^''^^"^^ ^^"' 
one year following the enactment of this Act. Thereafter they shall 
no longer be redeemable in silver but shall be redeemable from any 
moneys in the general fund of the Treasury not otherwise appropriated. 
SEC. 3. Effective upon the expiration of one year after the date of 
enactment of this Act, section 2 of the Act of June 4, 1963, as amend-
ed (31 U.S.C. 405a-l), is amended to read as follows: 
7? stat. 54; 
\ 
/ 7 
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7 O S f o f 
OCT 
"SEC. 2. The Secretary of the Treasury is authorized to use for 
coinage, or to sell on such terms and conditions as he may deem ap-
propriate, any silver of the United States (other than silver trans-
ferred to the stockpiles established pursuant to the Strategic and 
Critical Materials Stock Piling Act) at a price not less than the ^° f
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monetary value of $1.292929292 per fine troy ounce." 
SEC. 4. From and after the date of enactment of this Act, and until 
transferred to the stockpiles established pursuant to the Strategic and 
Critical Materials Stock Piling Act in accordance with this Act, the 
Secretary of the Treasury shall hold as a reserve for purposes of the 
common defense not less than one hundred and sixty-five million fine 
troy ounces of silver. Upon the expiration of one year after the date „ 
J^'^"f/" *° 
of enactment of this Act, the Secretary of the Treasury shall transfer 
not less than one hundred and sixty-five million fine troy ounces of 
silver to the stockpiles established pursuant to the Strategic and 
Critical Materials Stock Piling Act. For the purposes of that Act, the 
silver shall be deemed to have been transferred pursuant to that Act. 
SEC. 5. The last sentence of section 3517 of the Revised Statutes (31 
Repeal 
U.S.C. 324) is repealed. 
Approved June 24, 1967. 
tation. 
79 Stat. 257. 
50 u s e 98-98h. 
Silver held in 
reserve. 
stockpiles.