For Immediate Release 1/13/04
The Final Version
SILVER SOUND MONEY BILL HB 1342 INTRODUCED IN N.H. LEGISLATURE
Concord, NH - State Representative, Henry W. McElroy
introduced House Bill 1342 (HB 1342-FN-A-L) to establish
the voluntary and alternative use of US minted Gold / Silver for the
state. This Sound Money will be used along with the current Federal
Reserve Paper Money system. The myriad of technical questions are in
the process of being identified and answered.
This is a step toward returning to Sound Money for citizens, businesses
and the state of New Hampshire as well as the other 49 states. The US
Constitution and ALL federal statutes already allow the use of Sound
Money (US Gold / Silver). The Sound Money Bill (1342) facilitates the
use of US Gold / Silver in any financial transaction.
The need for this Sound
Money Bill was recognized by Rep. Henry McElroy and others who have
wisely brought in the eminently qualified legal counsel and expert in
Constitutionally sound money, Dr. Edwin Vieira of Virginia,
to craft the Sound Money Bill (1342) to achieve our goals of securing
our monetary system and enhancing NH's economic development.
Dr. Vieira is the author of the respected two volume, 1666 + page book
"Pieces of Eight: The Monetary Powers and Disabilities of the United
Bill 1342 also includes an extensive plan for reintroducing the use
of US Gold / Silver once we have all the technical questions identified
and answered. According to Rep. McElroy, his research has revealed,
"1342 (Sound Money Bill) will act as an insurance policy for
the state of New Hampshire, its citizens and businesses against the
financial risks associated with any fractional reserve banking system
in our dynamic, volatile, and competitive world economy."
Other New Hampshire General
Court Representatives and Senators have already indicated their support
for 1342. This Sound Money Bill is also being actively considered, along
with the technical questions, by a number of other states for also securing
and making their economies more sound and robust.
The Sound Money Bill (HB 1342-FN-A-L) is being considered during the
current NH Legislative session. Public hearings have started and will
be ongoing. To attend a public hearing, for more information or to schedule
interviews with Rep. McElroy and/or Dr. Vieira, contact our legislative
assistant, Harvey Wharfield, via email
or call 978-635-9586 (9 AM to 11 PM, EST).
Regular updates will be sent on the progress of HB 1342 - The Sound
Money Bill - for NH and other states. If you can assist with publicity,
promotional, staffing or office expenses as we work to achieve these
Sound Money objectives in New Hampshire and the other 49 states, please
reply to this email
with "Help Gold Bill" in the subject line and indicate your
level of support. Let us know also if you can promote 1342 with NH and/or
other state legislators to encourage their active support for the Sound
Money Bill. And, thank you for ANYTHING you can do to help Sound Money
return to America !