The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-06-18

30 competent for the Secretary Of the
Treasury 10 issue corresponding amount
Of subsidiary silver coin. To determine
how much currency heretofore issued has
been lost or destroyed by use is difficult
question; but upon being satisfied us Il
the amount Of fractional currency which
has been thus lost or destroyed, the Sec
retary is authorized to issue an equal
amount OF subsidiary silver coin 10 re.
place II; provided that the whole amount
Of subsidiary silver coin and OF fractional
currency in existence shall shall mot ex'
coed the $50,0O0,0OO which was contem'
plated BY Congress should be in Circula'
'tion Tor the purpose Of change.
Very respectfully, your ob't servant,
CHAs. DEyRNs, Atty General,
SILVER ANDyrRAorroNAL cuRRENcY.RI
The following was issued this after.
noon:
TREASURY DEPARTMENT.
70 4. " Wyman, Treasurer:
SIR-It appears from the report Of the
Treasurer OF the United States, Comptrol.
Ter Of the Currency, and Chief OF the Bu-
reau Of Engraving, and Printing, dated
the 9th inst, that the amount Of fraction.
al currency lost and destroyed, and which,
therefore, cannot be presented for re-
demptiOn, is s., ,0S3, ,5l3 80. The Attorney
General in his opinion Of this date, copy
herewith, holds that in ascertaining the
amount Of fractional currency Outstand.
ing within the meaning OF the third Sec
ton Of the JOINT resolution Of July %,
1876, should be deducted from the amount
Of such currency issued, and not redeem.
ed, tho amount lost or destroyed. The
amount issued and not redeemed May 81,
1877, was SCI ,206, $50 SO, and deducting
the amount lost and destroyed, as above
stated, will leave $l3,123,4l6 SO, the
amount Of fractional currency which, nc.
cording to the opinion OF the Attorney
General, was then outstanding.
You are therefore directed 10 issue, &c.
COrding to law, from time 10 time, an
amount OF silver coin which, including
the amount issued since the date OF the
resumption act, January IA, 1875, and the
amount Of fractional currency Outstand-
ing, aS thus ascertained, will equal $780,
100000. Very respectfully,
JOHN SHERMAN, Secretary.
MEXICAN AFFAIRS.
The Collector Of Customs at FL Paso,
Texas, informs the Secretary Of the
Treasury OF the capitulatiOn Of FL Paso,
Mexico, to the parlisans Of Lerdo, under
the immediate command Of 2. z. Ma
chord, Colonel Of the Cd regiment Of
Mexican infantry, who is under the au-
thority and instructions OF General Is.
CabedO.
q. Merando, who has been made Mayor
Of the city by Colonel MuChord, publicly
declared that he could drive every Amer.
ican out OF the place. II all attempt is
made to carry this threat into execution
trouble will ensue. The absence Of
troops is greatly deplOred.
IMPORTANT TO TREASURY OFFICERS.
Register Of the Treasury has applied to
the Treasurer 10 subscribe in his indi.
vidual behalf for $1,000 bond OF new
4 per cent loan, but it was ruled that this
officer could not purchase u bond. This
decision is made under the provisions Of
Section 243 Of the Revised Statutes, which
provides that no person appointed to the
office Of Secretary, Comptroller, Auditor,
Treasurer or Register should be con.
cerned in the purchase or disposal Of
any public securities of United States.
Section 24l OF the Revised Statutes makes
it misdemeanor for any clerk 10 carry
on any trade or business on the funds Of
the United States. The Act in question
is in the old Statutes OF 1889, in the orig
inal organization Of the Treasury De.
partment, and has heretofore either been
disregarded or construed into the prose
cution OF business in State or United
States bonds.
CONSULAR APPOINTMENT.
II nnckarv of Nnrth Carnlina has