The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-13
FINANCE AND COMMERCE.
FINANCIAL.

| THE bill introduced by Senator Teller, to
provide for the deposit of silver bullion and
to issue certificates therefor authorizes the
holders of silver bullion of 900 fine or over,
to deposit the same with any Treasurer or
any Assistant Treasurer of the United
States in quantities of eco ounces or over,
for which they are to receive the market
value thereof in certificates of not less than
$40 each. These certificates are made pay
| able on demand in coin or United States
notes, and shall be receivable for customs,
taxes, and public dues. 1t also provides
that holders of silver dollars may deposit
the same with the Treasurer ofthe United
States, and receive one and two-dollar sill
yer certificates until the whole amount of
one and two-dollar certificates so issued
shall amount to $l0,000,0C0. These small
certificates are also made receivable for Gus
toms, taxes, and public dues. The bill fur
ther provides that the bullion so deposited
shall be coined at the mints as rapidly as
can be done consistent with economy, and
without interfering with the coinage of
! gold
CHICAGO TIMES: The HERALD, of Dallas,
Texas, says that 1.-THE financial articles OF
the Chicago Times are among the ablest
and best digested which appear in any of
the papers of the country" and, after some
further complimentary remarks, adds:
But it seems even the Times man gets q
little astray once in Il while, if the following
article, which is going the rounds of the
Greenback papers, and attributed to the
Times, expresses its views" The article
attributed to the Times is very short, but
IT is long enough to contain the concen-
trated essence OF the errors and absurdities
of Greenbackism. 1t is as follows: "Money
is value created by law. Its basis is legal,
not material. 1t makes no difference
OF what material money is composed,
the law of legal tender gives value to
money 1t ought hardly to be necessary
to assure the Dallas paper that this para
graph never appeared editorialiy in the col
umns of the Times. This paper does not
publish such stuff editorially. Whoever
set the paragraph atloat, attributng it to
the Times, originated an unmitigated false.
hood, and most bra2en falsehood as well
in view of the wel-known attitude of this
paper on the subject of money and cur.
Irency. 1t seems likely that some Green
hacker secured the publication of the para.
graph in the Times as part
OF communication, and then
caused it to be reproduced by the
G ;, press as expressing the
of thing is perfectly in keeping
with the mendacious methods which the
Greenback agitators have pursued almost
from the beginning, and which have taken
these men out of the category of those
whose vagaries are in a measure excusable
because they are honest in the expression
OF their opinions, and places them i'm the
category of those who, as lying and rascally
imposters, are deserving only of contempt
emphasized by an occasional and iudicious
application ofsole-leather.
AN official examination of the money in
the state Treasury of California
December 81, 1881, to be as follows
Gold coin, $i3i,OS5; silver coin, 81, 9S5. 9j:
legal tenders, $ll ,223 70: warrants, 255, G23 SIS
Total, SG0j 923,S5. This is an excess of IS
cents of the amount shown by the Comp
troller's books to be in the Treasury.
The sum of SD 900 is due the CITY of
New York in back taxes, and it is estimated
that Sl0,OO0,0OO cannot be collected. Tax.
collecting seems to have become one OF the
lost arts in Gotham.
The coinage OF the Carson Mint last
month was as follows: Eagles, $50 800.
hall-eagles, f2l $50; standard silver dollars,
$1,000.
=, The quarterly interest on the extended
os, payable February |, is only 81, 900 600
as against 81, 500, 900 a year ago.
There was u decrease IN the yalue orin.
ports at Boston for the year 1881 over 1850 of
81 1853, 2S6, and an increase In the yalne of
exports of 81 1855
DALLAS EXCHANGE AND COIN.
~ '. buylng' selling Buying. Selling
y, / Ex. h@Spar6A St. Louis "a :, Par@7i
Vhicago S@ APar@4 n o...h@R Par@ a
NaNeslonk Por@A llouston..h Pare 4
Exchange all points ;. to \ discount. Sterling
NghL 81 80, Francs, sos 10 Marks %.
Trade dollars. :. roots. Mexican dollars snc,s
Mexican halves. ,AOctS. Mexican auarleTs' lfcts'