Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-09-20
WASHINGTON.
Regulations for the Exchange of Coin for
U. 8. es-Petroleum Expectations


| COIN EXCHANGE.
WASHINGTON, Sept. 19.-Tuesday it was stat
ed that on account of the large accumulation
| of gold coin in the treasury, arrangements
were being made whereby gold and silver coir
might be exchanged for United States notes al
the several sub-treasuries. Since that an
nouncement it has been discovered that the ex
listing law prohibits the exchange Of coin fol
| legal tender notes at any sub-treasury Other
than New York. The order, therefore, has beer
prepared 50 as to conform with the provisions
the circular is as follows:
Treasury Department., Wasbington.-Gold
coin beyond the needs of the gov ernment hav.
States, by deposit in the several assay offices,
of fine bars and foreign coin. Tor which depos-
itors have been paid, at their option, in United
States notes, the treasurer of the United States
and the several assistant treasurers at Boston,
New York, Philadelphia, Baltimore, Oiuoin-
natl, Chicago, St. Louis, New Orleans and San
Francisco are hereby authorized to pay ont
gold coin, as we'll as silver coin and
notes, upon the current obligations of
the government and upon allowances to
disbursing officers as may be convenient and
practicable. Transfers of coin for this pur-
pose will be made to any assistant treasurer
when necessary, by the treasurer of the United
States by application to him. The treasurer
of the United States, in this city, on receipt by
him of certificate of deposit issued by the as
sistant treasurer at New York, stating there
has been deposited with him legal tender notes
in the sum of 300 or multiples thereof, will
also cause to be shipped from the mint at
Philadelphia to the depositor at his risk and
expense, like amount of gold coin. Stand
ri oil lrno oil ho obi os- nd
heretofore. The exchange of gold coin for
United States notes at the several sub-treasury
offices, except at New York. appears to be pro-
hibited by section 1851 of the revised statutes
Of the United States, but it is believed that
the payments of coin, as above authorized, will
enable persons to secure all that may be de-
sired. (Signed) JOHN SHERMAN,
Secretary of the Treasury
Section 1851 revised statutes, provides that
no exchange of funds shall be made by any
disbursing officer agent of the government
of any grade or denomination whatsoever or
connected with branch of the public service.
other than exchange for gold, silver, United
States notes and national bank notes, and every
such disbursing officer when the means for his
disbursement are furnished to him in gold, sill
yer, United States notes or national bank notes,
shall make his payment in moneys so furnish
ed, or when they are furnished to him in draft
shall cause these drafts to be presented at their
place of payment and properly paid according
to law, aud shall make his payments in money
SO received for his drafts furnished, unless in
either case he can exchange the moneys in his
hands for gold and silver at par, and it shall be
the duty of the head of the proper department
Immediately to suspend from duty any
discussing officer or agent who violated the
provisions of the section and forthwith to re-
port the name of the officer or agent to the
president with the fact of the violation and all
circumstances accommodating the eamo and
within the knowledge of the secretary, to the
end that such officer or agent may be promptly
removed from Office or respond to his trust and
the performance of his duties as the President
may deem just and proper.
PETROLEUM ExPoRTATIoNs.
During July, 1879, there was exported from
Boston. New York. Philadelphia, Baltimore.
San Fancisco and other United States ports,
500, 1922, SO gallons of petroleum and petroleum
PREDICTS, the aggregate value of which was 81,
23S,46l.
WASHINGTON Sept. l9.-The following dis
patch is from Col. Hatch, at Santa Fee: Have
just received the following from McEwers,
near Hillsboro: We have had five hours
fight with one hundred Indians. We have ten
killed and several wounded. All our stock is
gone. I have sent every available soldier out
with Dawson and Day. I hear that Boyer,
1OuSO dLu l1lcuGs "ElSuU arc Ill Cu0 VlClHlCy
and should be able shortly to overtake the In
dians.
WAR MUNITIONS.
WASHINGTON, Sept. 19.-The ordnance
department has telegraphed to the
commandant of the arsenel at
Fort Union, New Mexico to issue arms and
ammunition to Gov. Wallace, not to exceed
three hundred rifles and one million rounds of
cartridges.
COMMUNICATING A CORRESPONDENT.
complimentary dinner was rendered last
night by the Washington correspondents tc
Geo. W. Adams, who recently terminated his
connection with the New York World after
twenty years Of active service as it's Washing
ton representative. OF the many who were
present only one, MIR. Shaw, of the Boston
Transcript, was a correspondent when Mr.
Adams entered upon his duties here in 1859.