The Archive · 1893

THE CURRENCY QUESTION IN THE U.S. SENATE

London, 24th October, The Democratic Senators have arranged a silver compromise whereby the purchase of four-and-a-half million ounces monthly will be continued for another year. All silver bought after passing the compromise, with the silver representing the seigniorage, is to be coined into standard dollars, and all paper money under the value of ten dollars, except silver certificates, will be withdrawn from circulation and silver coin or certificates substituted. It is stated that the President will sanction a Bill to this effect.

Text read from the printed page and cleaned; old type leaves the occasional error.

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