Purchase of Silver Produced in the United States with Silver Certificates: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-second Congress, First Session, on S. 3606, a Bill to Authorize the Purchase by the Government of American Produced Silver, to Provide for the Issuance of Silver Certificates in Payment Therefor, to Provide for the Coinage of Such Silver, and for Other Purposes and S.J. Res. 152, a Joint Resolution to Authorize Payment of Foreign Debts in Silver Under Certain Limitations. May 9, 1932

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U.S. Government Printing Office, 1932 - 46 Seiten
 

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Seite 38 - January 18. 1837, on which shall be the devices and superscriptions provided by said act ; which coins, together with all silver dollars heretofore coined by the United States, of like weight and fineness, shall be a legal tender at their nominal value, for all debts and dues public and private, except where otherwise expressly stipulated in the contract.
Seite 39 - And It Is hereby declared to be the policy of the United States to continue the use of both gold and silver as standard money, and to coin both gold and silver into money of equal Intrinsic and exchangeable value...
Seite 3 - Chicago conference, all of which have been elaborately presented to the Committee on Banking and Currency of the United States Senate, in which body the proposed law is now pending.
Seite 38 - An act establishing a mint, and regulating the coins of the United States...
Seite 1 - There is hereby authorized to be appropriated, out of any money in the Treasury not otherwise appropriated, so much as may be necessary to carry out the provisions of this Act.
Seite 1 - ... legal tender in payment of all debts, public and private, except where otherwise expressly stipulated in the contract...
Seite 39 - That the dollar consisting of twenty-five and eight-tenths grains of gold nine-tenths fine, as established by section thirty-five hundred and eleven of the Revised Statutes of the United States, shall be the standard unit of value, and all forms of money issued or coined by the United States shall be maintained at a parity of value with this standard, and it shall be the duty of the Secretary of the Treasury to maintain such parity.
Seite 36 - The silver so accepted and received under this section, except so much thereof as is coined under the provisions of this section, shall be held in the Treasury for the sole purpose of aiding in maintaining the parity of such certificates as provided in existing law. Any such certificates or reissued certificates, when presented at the Treasury, shall be redeemed in standard silver dollars, or in subsidiary silver coin, at the option of the holder of the certificates : Provided, That, in the redemption...
Seite 39 - And it is hereby further declared that the efforts of the Government should be steadily directed to the establishment of such a safe system of bimetallism as will maintain at all times the equal power of every dollar coined or issued by the United States, in the markets and in the payment of debts.
Seite 1 - That upon every such sale of bullion from time to time the Secretary of the Treasury shall immediately direct the Director of the Mint to purchase in the United States, of the product of mines situated in the United States and...

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