Congressional Record—House H4711
Total Page:16
File Type:pdf, Size:1020Kb
September 22, 2020 CONGRESSIONAL RECORD — HOUSE H4711 The amendment was agreed to. lar and the 100th anniversary of commence- drew Mellon, replacing the Morgan silver The bill was ordered to be engrossed ment of coinage of the Peace dollar, each of dollar and commemorating the declaration and read a third time, was read the which shall— of peace between the United States and the third time, and passed, and a motion to (1) weigh 26.73 grams; Imperial German government. (2) have a diameter of 1.500 inches; (2) The Peace silver dollar was minted in reconsider was laid on the table. (3) contain not less than 90 percent silver; Philadelphia, Denver and San Francisco. The f and Morgan silver dollar was minted at Philadel- 1921 SILVER DOLLAR COIN (4) have a reeded edge. phia, Denver, San Francisco, Carson City, (b) LEGAL TENDER.—The coins minted and New Orleans. ANNIVERSARY ACT under this Act shall be legal tender, as pro- (3) The Peace silver dollar was designed by Mr. CLEAVER. Madam Speaker, I vided in section 5103 of title 31, United States Anthony de Francisci with the Goddess of ask unanimous consent that the Com- Code. Liberty on the obverse and a bald eagle mittee on Financial Services be dis- (c) NUMISMATIC ITEMS.—For purposes of clutching the olive branch (a symbol of sections 5134 and 5136 of title 31, United peace) on the reverse. The Peace silver dol- charged from further consideration of States Code, all coins minted under this Act lars were minted between 1921 to 1935. the bill (H.R. 6192) to require the Sec- shall be considered to be numismatic items. (4) The Morgan silver dollar was designed retary of the Treasury to honor the SEC. 4. DESIGN OF COINS. by George T. Morgan and was minted from 100th anniversary of completion of (a) DESIGN REQUIREMENTS.— 1878 to 1904, and again in 1921. The obverse coinage of the ‘‘Morgan Dollar’’ and (1) IN GENERAL.—The designs of the coins depicts a profile portrait of Lady Liberty and the 100th anniversary of commence- minted under this Act shall honor either the on the reverse, a heraldic eagle. ment of coinage of the ‘‘Peace Dollar’’, Morgan dollar or the Peace dollar, as fol- (5) The conversion from the Morgan silver lows— dollar to the Peace silver dollar design in and for other purposes, and ask for its 1921 reflected a pivotal moment in American immediate consideration in the House. (A) MORGAN DOLLAR.—The coins honoring the 100th anniversary of completion of coin- history. The Morgan silver dollar represents The Clerk read the title of the bill. age of the Morgan dollar shall have an ob- the country’s westward expansion and indus- The SPEAKER pro tempore. Is there verse design and a reverse design that are trial development in the late 19th century. objection to the request of the gen- renditions of the designs historically used on The Peace silver dollar symbolizes the coun- tleman from Missouri? the obverse and reverse of the Morgan dollar. try’s coming of age as an international There was no objection. (B) PEACE DOLLAR.—The coins honoring the power while recognizing the sacrifices made The text of the bill is as follows: 100th anniversary of commencement of coin- by her citizens in World War I and cele- brating the victory and peace that ensued. H.R. 6192 age of the Peace dollar shall have an obverse design and a reverse design that are ren- (6) These iconic silver dollars with vastly Be it enacted by the Senate and House of Rep- ditions of the designs historically used on different representations of Lady Liberty resentatives of the United States of America in the obverse and reverse of the Peace dollar. and the American Eagle, reflect a changing Congress assembled, (2) DESIGNATION AND INSCRIPTIONS.—On of the guard in 1921 in the United States and SECTION 1. SHORT TITLE. each coin minted under this Act, there shall therefore on the 100th anniversary must This Act may be cited as the ‘‘1921 Silver be— begin to be minted again to commemorate Dollar Coin Anniversary Act’’. (A) a designation of the value of the coin; this significant evolution of American free- SEC. 2. FINDINGS. (B) an inscription of the year of minting or dom. The Congress finds that following: issuance; and SEC. 3. COIN SPECIFICATIONS. (1) In December 1921, the Peace silver dol- (C) inscriptions of the words ‘‘Liberty’’, (a) $1 SILVER COINS.—The Secretary of the lar was approved by Treasury Secretary An- ‘‘In God We Trust’’, ‘‘United States of Amer- Treasury (hereafter in this Act referred to as drew Mellon, replacing the Morgan silver ica’’, and ‘‘E Pluribus Unum’’. the ‘‘Secretary’’) shall mint and issue $1 dollar and commemorating the declaration (b) SELECTION.—The design for the coins coins in recognition of the 100th anniversary of peace between the United States and the minted under this Act shall be— of completion of coinage of the Morgan dol- Imperial German government. (1) selected by the Secretary after con- lar and the 100th anniversary of commence- ment of coinage of the Peace dollar, each of (2) The Peace silver dollar was minted in sultation with the Commission of Fine Arts; which shall— Philadelphia, Denver and San Francisco. The and (1) weigh 26.73 grams; Morgan silver dollar was minted at Philadel- (2) reviewed by the Citizens Coinage Advi- (2) have a diameter of 1.500 inches; phia, Denver, San Francisco, Carson City, sory Committee. (3) contain not less than 90 percent silver; and New Orleans. SEC. 5. ISSUANCE OF COINS. and (3) The Peace silver dollar was designed by The Secretary may issue coins minted (4) have a reeded edge. Anthony de Francisci with the Goddess of under this Act beginning on January 1, 2021. (b) LEGAL TENDER.—The coins minted Liberty on the obverse and a bald eagle SEC. 6. SALE OF COINS. under this Act shall be legal tender, as pro- (a) SALE PRICE.—The coins issued under clutching the olive branch (a symbol of vided in section 5103 of title 31, United States peace) on the reverse. The Peace silver dol- this Act shall be sold by the Secretary at a Code. lars were minted between 1921 to 1935. price equal to the sum of— (c) NUMISMATIC ITEMS.—For purposes of (4) The Morgan silver dollar was designed (1) the face value of the coins; and sections 5134 and 5136 of title 31, United by George T. Morgan and was minted from (2) the cost of designing and issuing the States Code, all coins minted under this Act 1878 to 1904, and again in 1921. The obverse coins (including labor, materials, dies, use of shall be considered to be numismatic items. depicts a profile portrait of Lady Liberty and machinery, overhead expenses, marketing, SEC. 4. DESIGN OF COINS. on the reverse, a heraldic eagle. and shipping). (a) DESIGN REQUIREMENTS.— (b) BULK SALES.—The Secretary may make (5) The conversion from the Morgan silver (1) IN GENERAL.—The designs of the coins dollar to the Peace silver dollar design in bulk sales of the coins issued under this Act minted under this Act shall honor either the 1921 reflected a pivotal moment in American at a reasonable discount. Morgan dollar or the Peace dollar, as fol- history. The Morgan silver dollar represents SEC. 7. FINANCIAL ASSURANCES. lows— the country’s westward expansion and indus- The Secretary of the Treasury shall take (A) MORGAN DOLLAR.—The coins honoring trial development in the late 19th century. such actions as may be necessary to ensure the 100th anniversary of completion of coin- The Peace silver dollar symbolizes the coun- that the minting and issuing of coins under age of the Morgan dollar shall have an ob- try’s coming of age as an international the Act will not result in any net cost to the verse design and a reverse design that are power while recognizing the sacrifices made United States Government. renditions of the designs historically used on by her citizens in World War I and cele- AMENDMENT OFFERED BY MR. CLEAVER the obverse and reverse of the Morgan dollar. brating the victory and peace that ensued. Mr. CLEAVER. Madam Speaker, I (B) PEACE DOLLAR.—The coins honoring the (6) These iconic silver dollars with vastly 100th anniversary of commencement of coin- different representations of Lady Liberty have an amendment at the desk. The SPEAKER pro tempore. The age of the Peace dollar shall have an obverse and the American Eagle, reflect a changing design and a reverse design that are ren- of the guard in 1921 in the United States and Clerk will report the amendment. ditions of the designs historically used on therefore on the 100th anniversary must The Clerk read as follows: the obverse and reverse of the Peace dollar. begin to be minted again to commemorate Strike all after the enacting clause and in- (2) DESIGNATION AND INSCRIPTIONS.—On this significant evolution of American free- sert the following: each coin minted under this Act, there shall dom. SECTION 1. SHORT TITLE. be— SEC. 3. COIN SPECIFICATIONS. This Act may be cited as the ‘‘1921 Silver (A) a designation of the value of the coin; (a) $1 SILVER COINS.—The Secretary of the Dollar Coin Anniversary Act’’. (B) an inscription of the year of minting or Treasury (hereafter in this Act referred to as SEC. 2. FINDINGS. issuance; and the ‘‘Secretary’’) shall mint and issue $1 The Congress finds that following: (C) inscriptions of the words ‘‘Liberty’’, coins in recognition of the 100th anniversary (1) In December 1921, the Peace silver dol- ‘‘In God We Trust’’, ‘‘United States of Amer- of completion of coinage of the Morgan dol- lar was approved by Treasury Secretary An- ica’’, and ‘‘E Pluribus Unum’’.