The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1881-12-09

" &tHi<NIt|<> R<NtEIHN'I
The annual report Of the Director Of he
United States Mint for the fiscal year ended
June ~. 1881. contains, IN addition 10 the
customary detailed statements OF the opera
tions OF The mints and assay Offices. much
valuable information in regard 20 the pro-
duction OF precious metals in the United
States and in the world. their use In the
coinage OF this and foreign countries, con-
sumption In arts and manufactures. specie
circulation, and an examination Of the
course q prices. comparing paper and me
talIic circulation for a series Of ffty-six
years with the percentage OF yearly prices 70
the mean prices Of staple articles, Indicating
the annual variations In the purchasing
price Of money. Gold and silver received
aud operated upon by All the minis and
assay Offices. exceeding by more than &c.,
amounted 20 $s26. 225. So. d which sls3..
l.l01 was gold, and $32, S54. Al
silver. This large increase was
due TO the continued Influx Of
gold from abroad, over $H5.0oo, 900 depos-
coinage facilities q the minis viii be en-
listed 70 their fullest extent IN converting
this bullion into coin. The gold coinage
amounted 70 SIS, 733, sO4. Of which SIS, 49,
SO was In double eagles. and the remainder
In coins Of lesser denominations. The coin-
value 81 silver bullion required 70 be coined
BY the law authorizing The coinage Of the
standard silver dollar. $z7 ,C37. yJ5 Of which
were struck; Of subsidiary coins only $I2,U1l
were coined. and Of base metal Or minor
coins 1905, l10. The total coinage of silver
dollars since the passage q ne - ior their
7O5, 81 which ~ .096. "a are In circulation.
and 35S, So. 10 held By the Treasury for the
payment % outstanding silver certificates,
leaving 81. 737 ,6Os for disbursement BY the
Treasury In ordinary payments.
The usual examinations and settlements
were made u the close 81 the year.
The report referring 70 the probable ress
toration Of silver 70 ~ former place In the
monetary circulation, says: lin view 81 the
failure Of the International Monetary Con-
ference TO agree upon any practical meas
ure, and, while awaiting ~ future actions
4 y : question for our serious and early
consideration, whether Il 4 not desirable g
suspend further coinage Of silver until by
international agreement and effective legi4s
lation unlimited coinage Of silver and gold
nt common fixed rates shall have been IA.
thorized By the principal commercial Ma
lions Of Europe and America: should The
$CJO, O0O, Oh silver coin now full legal tender
IN Europe b dclnonetixcd, the United
states could not, single handed amcng
commercial Nations, with no European co-
operation or allies, sustain the value q stl-
YER from IN inevitable fall. with that dso-
ger menacing us, we cannot, without seri.
Gus embarrassment. conunus suca coIns8s
unless other commercial NSs,ons win 49,
upon the general We q s'iveF IN wen -
gold: . - -,
Inc ratio 81 lo1 - cne s5e.oy sP'
proved, ana ~ ne nmonk ~ n.tvn. CON-
be chosen. This would cause, II the coInags
q silver ~ well - kosu: = ~ rs m i!1
q the woriu we're mhoe iFecs ~ nsnle.a..sm
lmpIiess w sounay xu.,.ul. 49, 49, 49,
circulation ~ 80 sssn.u eo' s..s. sno .ns1