...regulations as ho may prescribe, redeem such notes In gold or sliver coin, at his discretion, It being tho established policy of the United States to maintain the two metals on a parity with each other upon tho present legal ratio, or such ratio as may be provided by law. Sec. 3. That the Secretary of nie...

...connection with existing laws, in particular with a section of the Act of July 14, 1890, decreeing it to be " the established policy of the United States...legal ratio, or such ratio as may be provided by law," the measure proposed might fairly be designated : "A bill to grant the demand of the fiercest advocate...

...appears to us to ignore three important facts : First, that in 1890 Congress declared that it is " the established policy of the United States to maintain the two metals at a parity with each other." Ought not the Nation, in exercising its option to pay gold or silver,...

...coin, at his discretion, it being the established policy of the United States to maintain the two metaU on a parity with each other upon the present legal ratio, or such ratio aa may be provided by law. he act of July 14, 1890 (20 Statutes, 289), provides that balances standing...

...Secretary of the Treasury may redeem such notes in gold and silver coin at his discretion, it being the established policy of the United States to maintain...upon the present legal ratio, or such ratio as may be specified by law. (3) Of this 4,500,000, ounces of bullion two million ounce's shall be coined each...

...prescribe, redeem such notes in gold or silver coin, at his discretion, it being the established polity of the United States to maintain the two metals on a parity with each other. ' ' But while the Government does not specifically redeem either silver dollars or silver certificates...

...promise is behind it. The statute of 1890 declares only the "established policy" of the Government "to maintain the two metals on a parity with each...legal ratio, or such ratio as may be provided by law," nothing more. So long as the Government can and will exchange gold for silver on the present ratio,...

...1890, and subject to disposal by the Treasury, $14,321,841. The act of 14th' July, 1890, declared it be "the established policy of the United States to...legal ratio, or such ratio as may be provided by law." The act of 1st November, 1893, declared it "to be the policy of 6 the United States to continue the...

...be redeemable by the secretary of the Treasury " in gold or silver coin, at his discretion, it being the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." Two million ounces per month are to be coined into standard dollars until July I, 1891, and after that...

...regulations as he may prescribe, redeem such notes in gold or silver coin, at his discretion, it being ihe established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law. BBC. 3. That he Secretary of the Treasury shall each month coin two million ounces of the silver bullion...