Show MONEY FOR FILIPINOS bill regular ng currency of islands pases the senate the philippine currency bill passed by the senate prescribes that the unit of value in the philippines shall be the gold peso of 12 9 grains of gold nine tenths fine said gold peso to be come the unit of value when the gov got eminent in the philippines shall have coined and ready for circulation not less than 6 of the silver provided for in the bill the gold coins of the united states at the rate ot of one dollar for two peso shall be legal tender in the islands the bill also provides for an additional addi tonal coinage of 15 5 silver coins of the denom laa Lna tion of 1 peso which shall be legal tender except where provided by con tract cops coins of 0 the ae denomination nomination of 50 centavos 20 centavos and of 10 cen lavoe also are provided for all such coins to be under the ait authority hority of the government of the philippine islands in such amounts as it may determine with the approval of the secretary of war the bill also provides for the issue of certificates of indebtedness to main tain the parity of the silver and gold pesos such certificates at any time to ee be limited to 10 or 20 peso the mexican dollar and the spanish coins heretofore used shall be receivable for public dues at a rate to be fixed from time to time by the civil governor of the islands preference however being given to the philippine coins and certificates the option Is given for the coinage of the silve 1 posos pesos either in manila or any auy m mino in ly the united states which coins s snail a bear inscriptions or devices expressing the sovereignty of the united states |