For Immediate Release 1/13/04
The Final Version

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 States"

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 !