Currency of Colombia and South América Bank" was established in 1864 and was granted the right of issue in 1865. Silver coin of the 1863 standard .666 fine .900 fine Silver coin of the modified 1867 standard .666 fine .835 fine Gold coin .900 fine dated 1862–1878 Peso = 100 Centavos The monetary law of 9 June 1871 put the currency on the silver standard of the Latin Monetary Union system, the Colombian peso of 22.500 g fine silver being equal to 5 francs. It prohibited minting of coin .666 fine. Medios and cuartillos were to be minted .835 fine and the half
United States House Committee on Coinage, Weights, and Measures was transferred to the House Committee on Banking and Currency. Under the Legislative Reorganization Act of 1946, the coinage portion of its jurisdiction was also transferred to that committee, while its weights and measures jurisdiction was transferred to the House Committee on Interstate and Foreign Commerce, thus dissolving the committee. The jurisdiction of the Committee on Coinage, Weights, and Measures included the subjects listed in its name: coinage, weights, and measures. The coinage part of the jurisdiction included the defining and fixing of standards of value and the regulation of coinage and exchange. This included the coinage of silver and