[Congressional Record Volume 148, Number 84 (Friday, June 21, 2002)]
[House]
[Page H3778]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INTRODUCTION OF H.R. 4971, SUPPORT OF AMERICAN EAGLE SILVER BULLION
PRODUCTION ACT
(Mr. OTTER asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. OTTER. Mr. Speaker, yesterday, joined by my colleagues, the
gentleman from Idaho, (Mr. Simpson) and the gentleman from Nevada (Mr.
Gibbons), I introduced H.R. 4971, the Support of the American Silver
Bullion Production Act. This bill will allow the U.S. Mint to continue
its production of the American eagle silver dollar, the most popular
silver coin in the world.
The Sunshine Mint Company in my district produces the blanks for
these coins, and employs 60 of my constituents. Idaho is the greatest
silver producer in history, mining more than 1.1 billion ounces since
1884.
Passage of this bill into law will allow us, number one, to meet the
worldwide demand for bullion; number two, to continue to build on the
$264 million that this program has contributed to the deficit
reduction; and, finally, to preserve the connection between Idaho's
Silver Valley and our Nation's coinage.
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