New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-12-04

and the black backs Of the National Bank hves These
were executed by the COLUMBIAN bahk-tole 0onpa1Z'
~ ns city under "A contract made February 70 lS.l'
and crminable ninety days notice lnaanuch ~ the
prices named in this cOnract fixed In the original
contract dated june 1874 whcu the cost OF a0of aud
Deemed il for the Interest OF tho Government to orni-
nate H. So hat the whole subject engraving and Print
the Government at the meeting of Congress
GOOD WORK DONE BY HE BUREAU.
The act providing Tor expenses Of the bureau for
the current fiscal year. requires that the work shall be
performed 1t the Treasury Depart ment n ~ can be done
cAeaply perfectly, and safely as elsewhere 90
Statutes at Large page 3j3) TO determine the question
OF .he cost OF executing work Ia the bureau ana else
where the Secretary issued advertisement September
g. Inviting proposals on the 18th OF that month, for
printing ,reeu backs leCol-tender notes and the
black backs Na0nalourrcncy notes for the period or
year from the lst of October TIE estimate of the
bureau both classes 81 WORK, being au average or
thousand paid the bhnEnoe company last wear. ana er8
tnan the BID ct any 90 the companies. tho secretary
work within the bureau Least f6r Tie pr, ut. Afler
careful ex ,mination Secretary is satisfied hof tho
work. as done ~ tie bureau more percc'B a'hs Ei1
that heretofore done n private csih snmenls even ~
the high rates paid. Upon the question Of safety, the
secretary ct"h"t gee no" u > p'e-oS il H. !,
Wen 10 De better protected rom frtnd Or take tiah
IS. But - question Of safety being one ~ public
rul icy. ihc con'u cI"il"uol |i,icn ,'' ~
Goss tine secretary respectfully submits "a % thn bpY,
WilhtheremaTk Aat,as the Government asbeenahle WITH
absolute safety by 40 own az me- 10 lase ana i'lr ~
gold aud silver coin, analogy wOuld indicate q similar
ats praoic1by. On the 2oin VI March lst tine score
tary appointed committee cDn,isiing oi ibrc oXpe-
Tlcnccd officers OF tie Department, 10 make thorough
examination Of the bureau as taen organZc1 ana con
duct.d UpOn the report Of.iha committee there were
discharged, April and ApTl 30. 52s perbInS whose
annual pay about $4,000. on the lr,l any %
Nav, the bureau put n charge ~ ON ais. who
hayc rcorceuiznd IN every branch. aud nave trans
formed IL into admirable WORKSHOP, a. IL was the
purpose Of the law b. snOud he-WhrIc the purC Work
be done with cheapues-, ETY., and cNcriirtc. All
the relating 40 tie various transactions referred
To ar transmitted herewith
COIN ACCUMULATION.
In the report OF the Treasurer OF the United staes
herewith stbmed, there is set forth tailed state
mcnt OF the monetary transactions Of the Gov rument
during The past year. Il viii DE that the coin
OF the Treasury al from September
30 1875, 10 September 30, 1877, mad increased from
SG7 jsG,7Oj % TO SI33.5SJO7 d. and the currency
resources from s1OO43776G A to s11OO9e039 o.
Since issue Of silver commenced thero has been
returned 10 the Treasury for redemption largely
increased amount Of minor coins for which there
/. no demand on September %. 1877, there
on hand Of these coins amount OF $50
40 81 cons .it.ing a portion of tho currency
balance oY the treasury practically unavailable FOR
rso aud occupying the Treasury vaults 90 an in
extent. The necessary lolsdtlou i1r their
proper /, ,silou is recommend Il. TIE Secretary cs
attention IN gccompaUgl Ort shown ne trans
action, i'm ne Dy.sOI OF Special Agents % Customs.
Ony twenty agents authorized to %, employed.
OF the extent aud character ~ the dHtos deyoYI upon
ne IL recommended that the number be Increased To
at least thirty.
ID NJ