Section 2
SEC. 2. From time to time, in the discretion of the Philippine Commission, the existing silver coins of the Philippine Islands shall be recoined at the weight and fineness established by this Act when such coins are received into the Treasury or into the gold-standard fund of the Philippine Islands, and all such coins shall have the same value in gold as those of the corresponding denominations authorized by the Act of Congress approved March second, nineteen hundred and three, hereinbefore cited, and all the provisions of existing law applying to the silver coins authorized by said Act of Congress approved March second, nineteen hundred and three, shall apply to the coins authorized by this Act. except as herein otherwise provided.