, 1880-08-14
GntIa, left this morning for Chicago ia tosn -.
Ia tho TrionnlaI Gniclnvo. Tho Maryland tp.rts tart
FRACTIONAL CURRENCY
Growing bea1ro for thu Nclasuc ar n.
per to Tnko tfsc T1nce or Cotn.

Growing Dea1rc for tttB Ilclasuo or
per to Tnko tisc r1nce Of Cotn.
sptetnl ptspateh to Ira Chttnpo Tttbun,.
WAslt1r0rON, d. e., Aug. 1a-sovcrnI ,uo..
nera Of conRrcss WIN havo been at tho Trca,urv
Department within the pnst two weeks hara :
qnrci for information In rcgarl to tha 'Is III,
fractional currency, It's circulation beforn 10 u,a
Inv authorizing 1t was repealed, and Ina 49,. W.
parltivo circulation and popularity Of froettons,
silver which took its place. Tho member, o.s
Ing for this Information woro told TINT trse' ~sa.
uonnl silver bad not been near 90 popular =. ~.
amnlt o,lrrchcy, md TINT It wns not IN tn'as
used. Repeated dcniands hnyo been na,,o W
tho Treasury for tho fractional en"', W."
rency since its nbro9atlon, and many h,.i.
1csa-men havO urged upon tho Dcpartmen,
tho advlsablIty OF recommending to Conprrss
tho roissuo OF TINT currency. THO !]ca of n M.
bers Of Congress III seeking thta informnfto,
was, thoy Bai1. to inform themselves "a acycrai
intended to offer bills Mt tho next session NV
vitltng for tho reissue Of fractional c,rroncv i,
response to tho demand thnt has rcccntly nnr,,n.
up over tho country for It. Tho principal rcnto,
urged for tho reissue ia TINT fractional silrnr
cannot be transmitted satcly through tho mali.
md that postage-stamps,, which aru reaorted n
II, such caHcs, hro q very unsatisfactory tuth,,
tuto for tho fractional currency,
United Stntcs Treasurer Gtlilllan said to.d,v
that II thorn should bo a reissue Of fractional
currency thcro cannot 10 n continuance OF frac.
tionalt silver to any considerable extent. TIM
two will not, he thinks, circulate together, All
tho fractional silver would como In for rctcmn.
tidn, md stay in tho Treasury, while tho trac,
tional currency would take Its place. Thls Il
shown. he natntains, by tho business of tho 1)e.
pnrtmont under tho two ourrcnctcs While tha
fractional paper money WINS always outstand.
Ing ouly tho mllttlnted notes Comtng In for NJ.
demptton, tho fractional sllvcr has, over etnea
the passage OF tho net for It's redemption, been
pillng up III tho Treasury vaults. Since tho 3th
OF June, 1870, when tho act referred to wont Into
OBJECT. tho amount Of fractional silver IN tho
9s3,Mo, ,O6O. rho nrcnt difficulty Tint viii be-
| found III tho way Of tho effort to secure the r.
Issuing Of fractional allver Will bo, many people
that will intorfero with thnt metal OF 4 coin q
the Government. It IS net known. however,
any 50 haXe indicated
Some time HEtstho a1omAnd on tho Mint Nu.
Tor bronze qHS een. pieces was 80 gst
deyoto almost all tls entire time 70 turning out
Gailfornia and tho Pacific slope aud from ths
nun,bor ef business: men IL those sections 70 70
Introduce tho ono cent pieces into active clreu.
lalon In order to ~ a want felt
wero Slipped as fast as turned ont ly the ha int,
| anti tho experiment WA4 f0lly tried. LettGrt
received by the officers OF tho Mint Buroau from
! tho sections mentioned atntc that only slight
| announcement hns beon met with In the move
mont. They were successful in getting tho coln
very generally distributed an,onE tue banks and
the business hosca+ but outside Of this the one.
cont picccs did not 40. Tho principal difficulty
in tho way OF their Introduction lay Il, tho tact
th1t tho people were ontlroly unfamiliar with
tho coin, and exhibited grcat prc1ut1co aFainsi
do with 1t. The demand for those pieces ha.
nov dropped to tho poiut occupied ber1rc this
| 0ttompt to got thom into general uso was made