Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-08-19

coins will be redeemed under the fol
lowing regulations:

OF the ODlIeu CIdlto vi Studllci uChO'hi
nations than one dollar, may, on pre-
sentation OF the same in sums OF $50 or
any multiple thereof, at the office OF the
Treasurer, or any Assistant Treasurer
of the United States, receive therefor
lawful money of the United States.
III. The coins for exchange should be
put up by denominations, and each
package marked with the amount it con-
tains.
III. No coins mutilated so as to be
unfit for circulation will be received.
". When the coins are forwarded TO
the Treasury by express, they should be
addressed to the Treasury of the United
States, Washington, ID. G. Assistant
Treasurers not having facilities for hand
ling large amounts, or for making re-
turns by check or express, are author
lied to receive the coins for exchange
only when presented at their counters.
Future Financial Operations of the Treas
ury.
WASHINGTON, August 1S.-Secretary
Sherman, who leaves for Ohio to-mor-
row, being questioned concerning the
future financial operations of the treas
ury, replied: The treasury will proba
bly, hereafter have no material effect on
the money market. 1t is probable that
before the first of October nearly all the
called bonds outstanding, amounting to
about S47 900 900, will be presented for
payment, and will be paid for through
the Clearing House of New York. As
much of this money will go to different
parts of the country elsewhere than
New York, the payment may effect
the movement of currency in that city,
but it will naturally soon come back
again. After the refunding operations
are closed out, the treasury payments
will be equal to our receipts, and not
more, except the small balance OF the
fractional currency fund, which Con-
gress required to be paid out.
What will be the probable amount OF
gold imported in payment for bread
stuffs, &c?
/ do not think the movement Of gold
to this country will be very large. It's
evident our exports will be greatly in
excess OF the imports, and mainly OF
breadstuffs, meats and cotton, but the
excess will be paid for largely by the
American securities held abroad. | wish
they would all come back. Still some
gold will come and our domestic prOduc-
ton of gold will stay here. This will
give the banksa an excellent opportunity
to provide themselves with coin reserve
instead of United States notes, OF which
this reserve now consists. The United
States notes will all be wanted in
active use for the largest crop and largest
business we have ever had.
How about the price of silver; has 1t
advanced?
Yes; the price of silver is advancing
somewhat. There is better demand
for silver for China, and therefore the
price is higher in San Francisco than in
New York. | should not be surprised
if the bulk of the silver Of the Pacific
coast should 90 to China and that our
supply for coinage should come from
Colorado, Mexico and perhaps London.
Relics Of Barbarism.
WASHINGTON, August l8.-A private
letter received from an intelligent gem
tleman who was present at the sittings
of the Wallace Senatorial Investigating
Committee in Rhode Island gives the
following account of the manner in
which American freemen are managed
in that heretofore plantation. The writer
saws: "There were some curious facts
brought out in evidence in the course Of
the investigation. One witness, for in
stance, was found who served gallantly
in the war and brought back to Rhode
Island as a servant one OF the negoes
whom he helped to free. That negro
now votes in Rhode Island, because
he is native-bOrn, although
he owns no property. The
gallant soldier who helped make him a
free man and voter cannot vote, be-
cause he is OF foreign birth and owns no
real estate. Another alien was found
who has no real estate and cannot vote,
although in the past, when he did own
real estate, he was deemed worthy to
serve Rhode Island many times in both
branches of the General Assembly, and
also in the lower House OF Congress.
Still another rose from the ranks to
captaincy in the war, and while holding
that position at the front acted rs Su-
pervisor of the votes cast by his
company, counted them and re-
turned them to the proper officer. He
was good enough man to fight for
Rhode Island and to count Rhode Island
votes, but he can not vote himself.
There was whole grist Of similar evil
dence, and it is safe to say that Senator
Wallace's report on Rhode Island will
be an entertaining and instructive docu-
ment." The Pennsylvania Senator is
doing grand service for the Democratic
party this summer. He and his COM
mittee are in Boston now, looking after
the political morals of Beacon street and
the suburbs. The Rhode Island busi-
ness left Senator Anthony in sorry
plight. He is grinding out States rights
doctrinesin the editorial columns OF his
newspaper, which would do credit to