The New York herald., 1862-09-28
The Small Note Currency.

THE PAYMENT OF THE NOTES OF THE POSTAGE CUR.
REkCY REsUMED-LARGE CROWDS OF APPLICANTS
THE NOTES MORE ABUNDANT-FIFTEEN DOLLARS
WORTH pELIvERED AT TIME-THE SMALL THEA-
SURY NOTES, ETC.
Tho payment OF tho notes OF the postage currency
was resumed at the Sub Treasury Thursday. For
several days no payments OF the notes have been
made. Whenever they dsbursed the crowd OF
applicants Is very great, the line OF those await.
ing their turn extending for or two whole blocks from
the Sub Treasury. The public have long submitted to
tho nuisance OF using the postage stamps with sticky
backs that the appearance Of the notes Is gladly
welcomed. They great Improvement on the stamps
now in use being clearly and handsomely engraved
being OF convenient size and shape
ON former occasions, whoa the notes have been dis
bursed they have been delivered Of only S. To
obtain this small sum everybody was anxious, ana
willingly waited In turn for a long time. larger
quantity has been received however, and the Sub.
Treasurer dsbursed Thursday notes in OF $l5
Though notice given OF the payment the crowd
was largo The payment made with great expedition
little time being required deliver each person the
package Of notes, and TO receive in exchange equal
value in Treasury notes.
The OF the postage currency receivable for
duties at the Custom House In less than ave dol
lars, and found to be very convenient medium
the payment OF ees the cashier For this object they
have boen used for tms and importers custom
house brokers lind them useful than any
else The notes are Of the denomination Of fve, ten,
twenty Ave and fifty cents When they delivered
buyers they are in packages Of each denomination.
The small Treasury notes Of the value Of one and
three dollars beginning to come into circulation.
They very handsomely engraved and usual
precauon TO have been taken cGectually pre-
vent counterfettiBg
The dollar have In the upper left hand
very nicely executed engraving of Secretary Chase be
low which Is the numoral in lathowork figure. Next
this the red stamp OF the Treasury Depart rtment with
its legend, "Thesaur, Amer Leptent Sgl" Ia impressed
crco next 10 thAencoses three smaller ones In which
are placed figures denoing the denomination OF the bills
In the upper crclo the figure one in that next be
low, the figure two, and in the lowest tho
figure three. LII tho lower circle tho right hand
side Of the bill is very complicated systom of latne
work. In which the signatures Of L. E. Chittenden
Register the Treasury and of L. s. Spinner Treasurer
OF the United States The figures denotng the value
the note repeated many times In this athework.
The work the back OF the bills very well executed
and quite handsome. In the Is the inscription: -:
"Ths legal tender for all debts, public aud pr
vate except duties on imports and interest the public
debt and receivable in payment OF all loans made TO the
United States" The notes will be found very convenient
and will be sought for in preference to those OF the banks
scattered throughout the country, many OF which the
public have learned to distrust.
The United states government has In circulation
notes of every denomination required and whsn tho small
Treasury notes and the of the postage currency
come into more general other currency will be
needed. The want Of specie will much longer DO felt
severely as heretofore, arrangements have been
made 10 dsburse OF the small the public.
Espenscheid. Hat Manufacturer, Of l1s
Nassau street. introduced the fall fashion for Gem
emen Hats which, In the essential qualities OF hneness.
elasticity, durability and TASTE cannot be surpassed
ssThe RiUht Ma ln the Right Place.