The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1877-07-27
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$500 81 80 M& ~
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saMts lsr~i AsNtfta aAAHHsssst
mssstW 49, fNsssfAA II fasssEaahi $50
AfH IT, tnsl IA sht Atsassss
th rE0es 49, q sttta#sN II f8#f
ssass - sAssiN sssAanlsiistN l'gtssH 49,
tBsssi "A ssarst ,msfsNts 3hsfN.
~vAe tai tNe 49, II fas4ht I'll -
asasAtsGa III IA ta NEtAiiaN RaHAa
Il aass MIKE fA4ea sNEtsH8A Ta sssH
II ia'lsn4 HnA - nils. All Afst&a4iatt
sssln g,g 49, tnul s4saa nslsu Hs shfit
y ttissis sa4atlsl nssi ~ Withdrawn IL
] ~ The pat Mesnth. shr eniy .ffrifa u
tsa fr.asta.s Department hass' ta'en
IA the direction nfss msnilonssa
The only authority ~ withdraw.
/ inu irsnl iensl.fp fram circulation.
i,-antMinvl I'm til Il sumption at,
~uA that NhIsh retired silfhts pr
lssM', IL l.I1snlsa.k fng ssrrs ufe
hundred l.f srs'f. III INV NATIONAL
hank isessr TIL amount IA isaat
tenders Withdrawn undh iilr TO.
vision ~ Is sitfe L sgl 80 49,. l..ts.
inc as tei oals landing -'nia. ilassseu
mi-r ias Iatd subsequently
al. Tfa~as, Wa leitsgiii.d III With
draw fractional currency AA III. stsl.
x,itntlun fnl ii III subsidiary slis.i
Irain ln,isr TIL. rfusteitn THERE
hn- hssr Withdrawn ~2A,~ai.lH III
thr fractional sArr- srv, -hd ihets II
s,,ll nonti,alh outstanding 81 .1nti,.
atn. lini lla- silver law nts.de ~.
vision, aisa II. tie issuatee Il fur.
thcr subsidiary silyci cointu II llinli
i.d extent. leeni tenders - es With.
drawn I'm lien If IL, and 10 u. hsll ~
il fund for thu redemption III tie
fractional currency ifrrrAcnt.i In.
her this claus. s,,.uun.u'u Al legal
!. ltrnlrr~ have hssn withdrawn ffani
lriirulnlien. nut while the other
. lls..ai tenders ard fractional currency
wthdrawn ar cancelled, these Sti.nuu.
, 600 are still hnla In the Treasury
. vaults. M liable 80 hc called oil
| again by Ill. presentation of frae.
|, ltlonul currency, nnd urc hence Il put
. ef tie S.,Hn. il2,5sn of legal tender,
I given ns yet outstanding. prar'irall.
! however. these SA,ONuunn IL lsynl
1 tenders nrc ~ completely cut III thu
il way a. u they hal been cancelled
with thu others for II Il quit. rlrni
that Il large Iaai uf oar fractional
currency has hscn lost, destroyed
Nc., and that Ii viii never he pre-.
scented for redemption, W. may
Therefor In orr figuring safely aid
this $1,000, uun ~ I'll. amount III lem
\ tenders nll.a.ls Cotton I'll al, The
!, balance sheet viii then stand u FOL.
!. Iowa Legal tenders taken NJ So
j ll7 40 fractional currency taken sip
@21. $40, Ill total amour. ot govern.
/ incnt currency put out ~ the way ul
! resumption In The two yenrs nn,l Y
! half, sa7,si7.a,li. The total amount
!. LIFT 10 provide for, In the i.mMninp
. Year and |. hali, ~, Legal tenders
|, S1bl III y bAl. fractional currency
I numinnlly. Sai ..ut. '.iu, Int really. nul
. more than sln,u,O, ono, total amount
subject 10 redemption. nhleso prey.
louAly contracted. 49,, tI1,ahtl.
"'rhe Treasury stat.noAt give
Aa 'roin' TN hana, siOs l37.Os3 Ent
ri this s3,Ga2.5l1 il silver. si5ltIa,.
htKD II due IN coin certificates. sli,.
: uiNl, 900 Ii held for called bonds, and
7 en- ,ha1 il.iN II dun for Interest Ili.t.
= II left therefore. ~ gold unrlcag.d
y nnd applicable 10 resumption, unl,
: 4lO. 7nI ,UJ1 IA 1nrnRrr amount truly
zone word more to complete I'll
! sketch. No view of resumption |,
I complete which does not take Int
, account III. national banks. I'll,
! government does not have 10 tsstlnl.
7 on their iss,,es. but they Will have I.
y resume fnl themselves, either III IL
|. gni tru,lers OF Iii coin. Under heus.
\ taxation, therefore, AMI thu lmInsli
7 ntr fear III resumption, il.ey Maul,
! H. forced IL protect them sslsa
!. purity by boarding gold ,makinK |
J. all the more difficult fui the govern
= mcnt 10 obtain ii)and paiiiy i, u.s
u Ing up their calculations In III. lulnl
/. aud taking buck their bonds, In thl
i H.. dnnk.r III widespread ilnaneiu
= pnnic. The three hundred mud lift
q millions or MI ~ bunk i~Snrs mr. n
u important fnet.r In this problem
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