Evening star. [volume] (Washington, D.C.) 1854-1972, 1879-01-02
1se>usNptiOn at the Treasury.

To-day is the first upon which the resumption
act practically goes into effect. Resumption
be!ng commenced at the sub-treaSury in New
York only, the regular business Of the Treasury
here Is comparatively unaffected One OF the
effects bereis in connection with the payment
OF the January interest On the public deb.
amounting to about S2i.G006}g The Interest
cue 10 holders OF bonds, who call for it here
was to-day for the first time not paid in gold II
was PAID either In greenbacks or in coin checks
on Ne" 0rk. very few people seemed to un-
derstand this. They walked TO the wicket of
the interest teller and presented their coupons
or registered checks. They had counted out to
them the amount due. in greenbacks. They
demanded gold. "Cant give it to You" was the
reply. "Ne.i give you sreenbacks Or check
How many take legal-tender instead of the
coin check?' asked STAR reporter CT Mr.Joaes,
the interest teller.
Nearly every body takes greenbacks' said
the teller, as he handed TO an Old gentleman
SIP in that currency for his gold COUPONS.
Who are the eXCeptiOnS?"
'Wel, some people who have very large
amounts due them take the check. All the
banks which have called for their interest to-
day have taken the checks. Nine people out Of
ten. however. are perfectly willing to receive
tie gTeenbacks, many saying that they prefer
them to gold
About five millions were paid out in gold on
the January interest before yesterday. This
leaves about Sl60O0.000 to go out.
'.From t0-day'S experience how much of this
VIII be paid out in greenb1ckS, instead of coin
checks" asked the reporter of Treasurer Gil
fllan.
III the experience at the other points is sim-
lar TO that here nearly all Of the interest re-
naming unpaid this morning viii go out in
legaltenderS. The amount that viii go to New
York on coin checks Will be very small. indeed,
compared with the amount OF interest due.
secretary Sherman was III his Office attend
ing to- bis out duties al day. Comparatively few
and reiterated his confidence in maintaining
resumption. lie was kept Informed by tee-
graph from on Ne" York as to how matters were
formation, replying to an inquiry 'All is going
on very nicely
Secretary Sherman late this afternoon re-
liiilh0use, saying that the amount of United
states notes presented up to that time al
the assistant treasury for redemption was in
Significant. Every thing was going ON quietly.
the telegram stated. and there was nothing
even IN the shape Of excitement OF any kind
BUSINESS went along as usual.
The Public Debt.
The recaritulati0n OF the statement OF the
pubic debt OF the United States for the month
OF December 1875 just issued. is as follows:
Debt bearing interest IN coin:
Bonds at per cent s657. .S46, ,2G0 .00
Bonds at per cent t........... 1O3. 266. $50 90
HohoS AT ~ per cent. 25o. 0,000 .G9
Bonds at per cent. 19S, 100. 900 60
s1.sO9.s12. $50 90
Debt bearing init in hGcfnl money!
Naval pension fund at per cent. s1l.oo0,o3o 90
Debt On which interest has ceased
since maturity y............... SO. 446, AGO 26
Debt becring no interest:
Old demand and legal tender notes 1916 T43 nj1 90
GeriilicateS OF deposit. S4,5l3,0ho 90
Fractional currency. 16.10S. 15l 62
Coin and silver certificates. .. 24O76S $50 90
s1o1 ate O2, r.,