Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1876-01-08

sippi Valley. For the coinage OF silver
il is not very material which Of the cities
referred to shall be selected for the loca-
ton of the Mint. as under the law such
coinage, with the exception OF the trade
dollar, must be on Government account
exclusively, and the bullion required for
the same procured BY purchase. The
supply will come chiefly from the
different reduction and rifining works
hereafter referred to. It is important,
however, to avoid delay and particularly
expense which would attend the con-
struction of the new edifce, and which
may be accomplished by utilizing some
Government buildings no longer re-
quired for other purposes. The only |
Government buildings in the West |
adapted for mint operations are the
United States Arsenal at Indianapolis
and the United States Postofice at st.
Louis. The latter will not be vacated
until the completion of the new United
States buildings in st, Louis. which will
require probably three or four years.
The ediice at Indianapolis it is believed
is no longer required for the purposes to
which it has hitherto been devoted and
could be converted into mint at mod
crate expense within three months. fit
be the intention to establish o mint in
the Western States for the coinage Of
silver only. and assuming that the arsenal
building can be vacated and turned over
for use as q mint, the true policy would
appear to be to locate it at Indianapolis.
Having stated by conclusions as to the
location OF a mint for the coinage Of sill
yer, deem it proper to refer briefly and
in general term to the minting require
ments of the territory known as the Mis-
sissippi Valley. That extensive and
highly productive section will require in
the near future a considerable coinage of
gold and silver. II the demand is to be
supplied by one mint it should be
located at point as near the center OF
the valley as practicable, having refer
encs to the procuring of cheap supplies
and facilities for receiving bullion and
distributing coin. The city of st. Louis
| being situated nearer the center OF the
valley than any other principal city Oh
, railroad center and possessing equal ad
. vantages in other respects for the con
Quoting of coinage operations, would ap
pear to be the proper location for tn
/, establishment of thoroughly equippe'
mint of a capacity for both gold and sill
l yer coinage equal to the requirements o
n the present and future.
!. New YORK. Jan. Theodore L. Phil
n lips, dry goods merchant of Pittsbure
!. was arrested in Jersey City last evening
r charged with obtaining 81, 900 worth o
II goods from L. NJ. Bates under misrepre
,. sentation. Phillips, who was accused O
% attempting to leave the city when al
le rested. says he went to Jersey City fe
70 the purpose of arranging his obligation
- to the firm.
- ATLANTA, Ga, Jan. THE carniyt
yesterday was grand success Frol
fifteen to twenty thousand people were
: the streets. The pageant was imposing
o Ball crowded and Markham House bri
6. liantly illuminated.
S. New YORK, Jan. Phillip Steiner.
!; tea merchant who manages eightee
- stores, scattered all over the city. b
n failed for $13S, 900; assets, about S3S
h; 900.
H. Following dispatches from Europe ba
- been received: Victor Emmanuel. in b
New Year 8 speech at Court receptio
~ mentioned the possibility of events
Europe which would require the co-ope
% alton OF the Italian army. Advices fro
- Cologne state that Montenegro has d
n. patched troops to the frontier, contract
a large loan and has ordered from fiji
he in America ten thousand rifles and six
IL cannon, to be delivered in March.
lii TOLEDO, O., Jan. THE Commerc
this morning has information that All
b,e ander Williamson, prominent busin,
the man of Belmore, Putnam county, Oh
Of has absconded, leaving unsettled clai
o,s to the amount of one hundred thousa
ere dollars or more. Williamson was p
en- prietor of the Caledonia Stave Co. an,
no' member of NJ. L. Baker & Co., dry got
merchants. The entire community 9
no' fers severely. The amount of loss
ORD p,I. ;, o.,;o,oa .. for., .hors,
Din - 0'-
dollars.