QuestionsQuestions (Act No. 796)
To appropriate USD 1,500,000 from the Insular Treasury for the purchase of silver bullion needed for the further coinage of Philippine silver pesos.
One million five hundred thousand dollars (USD 1,500,000), in money of the United States.
Out of any funds in the Insular Treasury not otherwise appropriated.
Silver bullion for the coinage of Philippine silver pesos.
By the Act of Congress titled “An Act relating to the currency of the Philippine Islands,” approved March 2, 1903.
It may be used to pay advances already made by the United States Mint for silver bullion purchases that have not yet been reimbursed, expenses of coining the pesos, transportation of the new coins to the Philippines, and other incidental expenses of placing them in circulation.
Yes. It allows payment of advances already made by the United States Mint for such purchases for which the mint has not been reimbursed.
Expenses of coining the pesos and transportation of the new coins from the U.S. mints to the Philippine Islands, plus other incidental expenses of putting them into circulation.
It states that the public good requires speedy enactment and directs expedited passage pursuant to section two of “An Act prescribing the order of procedure by the Commission in the enactment of laws,” passed Sept. 26, 1900.
“An Act prescribing the order of procedure by the Commission in the enactment of laws,” passed September 26, 1900.
On its passage.
It appropriates funds to purchase silver bullion for the coinage of Philippine silver pesos that were authorized by the cited Act of Congress relating to Philippine currency.
It indicates the appropriation will come only from unallocated/unrestricted funds in the Insular Treasury and not from funds already assigned to other purposes.