...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...

...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 to maintain...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,...

...holderof any of tho Treasury notes provided for, the Secretary of the Treasury shall redeem tho same in gold or silver coin, at his discretion, it being...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...

...otherwise specified in the contract. (a) The Secretary of the Treasury may redeem such notes in gold and silver coin at his discretion, it being the established...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...

...The Secretary of the Treasury shall, under such regulations as he may 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...

...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,...

...expressly stipulated in the contract," and which shall be redeemable by the secretary of the Treasury " in gold or silver coin, at his discretion, it being...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...

...dues, and when so received may be re-issued; also the Secretary of the Treasury may redeem the notes in gold or silver coin at his discretion, "it being...present legal ratio, or such ratio as may be provided bylaw." Two million ounces of the silver purchased are to be coined monthly until July 1, 1891, after...

...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 maintain...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...