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[PUBLIC—NO. 8.]

An Act To repeal a part of an act approved July fourteenth, eighteen "hundred and ninety, entitled " An act directing the purchase of silver bullion and the
issue of Treasury notes thereon, and for other purposes."

Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
That so much of the act approved July fourteenth, eighteen hundred
and ninety, entitled " A n act directing the purchase of silver bullion
and issue of Treasury notes thereon, and for other purposes," as directs
the Secretary of the Treasury to purchase from time to time silver
bullion to the aggregate amount of four million five hundred thousand
ounces, or so much thereof as may be offered in each month at the
market price thereof, not exceeding one dollar for three hundred and
seventy-one and twenty-five one-hundredths grains of pure silver, and
to issue in payment for such purchases Treasury notes of the United
States, be, and the same is hereby, repealed. 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, such equality to be
secured through international agreement, or by such safeguards of
legislation as will insure the maintenance of the parity in value of the
coins of the two metals, and the equal power of every dollar at all
times in the markets and in the payment of debts. 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.
Approved, ^November 1,1893,