Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1878-03-08

! NNiH INES NOiA WIN
! cates,.......+....... So. ~, 0tl 81. $50, l5b
Christianity called BIDS ,.s26, $50 CAB, $50
Notwithstanding coin
| liabilities -. ..... a,Ui0, 5I2 5,S29,u 2U
Outstanding legal ten.
| defs ............... SOL, 239, 4Si 343 ftS, 024
Outstanding fractional
| currency ............ "a, 434, 40 IL, lD, 6sS
outslsndi'g slyercoi %, CSs 1i0 49, $50, 49o
! Total debt less cash in
treasury ......2, oss, 49,. l4s a,ois oa7, 1879
| Reduction OF debt Tor
February ........... s,07o 40 a25o, es7
Reduction of debt since
| Market value or gold. l04 81 10l.S5
| imports twelve months
| ending Jan ..... i22, 9l3, 252 411,7i2, 90
! Exports twelve months
ending Jan. 31...... SOB, 4lS, 1g3 622, 1877, Sic
OUT OF CASH.
Washington kilograms of the End
circular letter was sent BY Com
missioner Williamson, of the general
land office, to-day, to So of the en-
ployes of that bureau, including 30
ladies': Want of appropriation to pay
for necessary clerical force has forced
upon the honorable secretary Of the in
terror the alternative of dismissing or
granting leave of absence, without pay,
to Il very large percentage of the force
of the office till such time as it may
! please congress to make such appro-
\ pration Us will enable him to again
avail the government Of Your services.
| rhc option of saying whether you will
accept leave Of absence without pay, or
be discharged is unfortunately the only
one that can be offered Those of you
who accept leave will be required to
state III letter to the commissioner
that you rclnQuish all claim for pay
during such leave. 1t deeply grieves
the honorable secretary Of the interior
and myself to take action imperatively
demanded of us under existing laws,
but it can no longer be avoided
THE MINIS READY FOR BUSINESS.
Acting under instructions Of the secre-
tary of the treasury and in anticipation
of the silver bill becoming law, the
directors of minis have been engaged
several days making the necessary ar
engagements for running the minis To
their fully capacity on the new silver
dollar in connection with which
gold only will for some time be coined.
1t is probable supply of working dies
vii. be ready in about ten days and in
the meantime silver bullion will pas.
through All the process Of put
ting il into shape for coming
into dollars, except tEat OF
stamping and for which particular
operation, the capacity Of the mint is
in excess of the other operations, 50
that III reality hut little delay i'll coin
age will bc occasioned by the dies MOI
now being ready. 1t is thought by the
middle Of April the coinage of the
silver dollar will be at the rate Of three
millions five hundred thousand per
month. The supply Of fractional sill
yer coined ut the mints and different
treasury offices, is sufficient to meet any
demand likely to arise for several
months to come. The minis are all in
excellent condition with skilled force
of workmen, and every thing in shape
to meet the large amount Of coinage
devolved upon them by the new law
THE SILVER BILL
was to-day sent to the department of
state by the speaker CT the house of
representatives., with endorsements of
the clerk of the house and secretary Of
the senate to the effect that the bill had
passed Notwithstanding the veto Of
the president.
THE BILL TO AUTHORIZE THE ISSUE OF POS
TAI SAVINGS BONDS
and for other purposes, introduced by
Representative Phillips, has received
the approval Of q majority Of the house
banking and currency committee, and
will be finally acted on by the commit
tee next Tuesday. 4 prominent mem
Der says the report IN favor Of its pas
sage will be nearly unanimous.
THE PUBLIc DEBT STATEMENT
for February shows decrease in Che
debt for the month OF 81 ,250 237, and
the following balances il the treasury:
SPECIAL innd nr redemption of fFac.
4 tiOnal currency ... TO- 100, 900
special Gepos of legal tenders for
| redemption Of certificates OF deposit -, 55j,0 coo
Intending coin certificates ....... IS 456, 900
Outstanding legal tcndefs........... 3ls, dlS, 0A
PREPARED FOR COMING TIE SILVER
\ DOLLAR.
Y The secretary Of the treasury has al
ready prepared the necessary arrange
ments for the immediate execution Of
/ the law providing for the coinage of sill
yer dollars so that there will be no de-
\ lay whatever III its operation. The sec
rotary has prepared form ofthe silver
certificate, and approved a device for
the new silver dollar, which was sub
mitted to him by the director of the
mint The department is therefore
prepared to begin without delay the adj
ministration of the new law
OBITUARY.
\ r. W Taylor, the first comptroller Of
the treasury, was striker with paralysis
] this morning. while sitting Mt bis desk.