Democratic Sentinel, Volume 10, Number 3, Rensselaer, Jasper County, 19 February 1886 — WASHINGTON. [ARTICLE]

WASHINGTON.

The following is the full text of Senator Allison’s silver bill, introduced in the Senate the other day: That hereafter any holder of silver coins of full legal-tender value may, at his option, present them in sums of SSO, or any multiple thereof, at the Treasury, or at the Sub-Treasury in the city of Nofr York, and receive therefor in exchange a like amount of gold coin or United States notes, and any holder of gold coin may in like manner present the same and receive therefor silver coins of full legaltender value or United States notes; provided that nothing herein shall be construed to authorize the increase of the aggregate issue of United States notes now authorized by law, nor to restrict or limit the issue of gold or silver certificates us now provided by law. Sec. 2. That sections 5193 and 5194 of the Revised Statutes are hereby repealed, and the words ‘Tawful money,” wherever in the statutes of the United States, shall be construed to include United States notes, gold, and silver of full legal tender. Sec. 3. That all laws and parts of laws requiring the lawful money deposited with the Treasurer of the United States, as provided by section 5222, Revised Statues, to be held as a special fund for the redemption of notes of national banking associations, tire hereby repealed, and all the money now deposited or which may be hereafter deposited under said section shall be covered into the Treasury, and all sums now deposited or which may hereafter be deposited with the Treasurer of the United States. as authorized by section -1 of an act entitled “An act fixing the amount of United States notes, providing for a redistribution of the national bank currency, and for other purposes,” approved June 20, 1874. shall be covered into the Treasury. Sec. 4. That section 3of the last named act is hereby amended so as to authorize the redemption of national bank notes in gold or silver, and to authorize the deposit of gold or silver in lieu of United States notes required to be deposited by said section. The House Committee on Public Lands has agreed to declare a forfeiture of the Northern Pacific land-grant as to all lands ly-

ing opposite that part of the line which was unconstrueted July 4, 1879. Exceptions are made in cases where the forfeiture would work injury to towns or settlers holding titles from the company. The House Committee on Coinage took a vote the other day on the silver question, when the fact became known that no member favored a suspension of the manufacture of silver dollars.