Chapter 2558. To amend section six of an Act entitled “An Act to define and fix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to refund the public debt, and for other purposes,” approved March fourteenth, nineteen hundred
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CHAP. 2558.— An Act To amend section six of an Act entitled “An Act to define and fix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to refund the public debt, and for other purposes,” approved March fourteenth, nineteen hundred. May 26, 1906. [[S. 6022](/us/bill/34/s/6022).] [[Public, No. 180](/us/pl/34/180).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Gold certificates.Vol. 31, 47. amended.
That section six of an Act approved March fourteenth, nineteen hundred, entitled “An Act to define and fix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to refund the public debt, and for other purposes.” be amended by striking from the first proviso of said section six the words “one hundred” and inserting in lieu thereof the word “fifty,” and by adding, after the words “shall be suspended,” the following: “but the Secretary of the Treasury is directed to coin, within reasonable time, any and all gold bullion held in said reserve fund in excess of fifty million dollars,” making the first *Proviso.*Issue to cease if coin in reserve is below $50,000,000.*Post*, p. 1289.proviso of said section six read as follows:
“*Provided,* That whenever and so long as the gold coin held in the reserve fund in the Treasury for the redemption of United States notes and Treasury notes shall fall and remain below fifty million dollars the authority to issue certificates Bullion to be coined.as herein provided shall be suspended, but the Secretary of the Treasury is directed to coin, within reasonable time, any and all gold bullion held in said reserve fund in excess of fifty million dollars.” Approved, May 26, 1906.