The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1885-07-09
TREASURY CIRCULAR.
Relations which VIII Hereafter Govern
the Issue and Redemption of Currency
and Coin.


and Coin.
Washington telegram
The United States Treasurer has issued
circular promu gating'the relations which
will hereafter govern the issue and redemp-
ton of the currency and coins of the
United States and the redemption of ma
tional bank notes The principal changes
made in existing regulations are in regard
to shipments of silver and to the redemp-
ton of mutilated United States notes.
The new regulations in reference to the is
sue of standard silver dollars is as follows:
Upon receipt of currency or gold CON- the
Treasurer, or Assistant Treasurer, Will cause to
be paid to applicants in cities where their
spective offices may be situated standard silver
dollars in any desir d amount
andard silver dollars are forwarded to ap-
plicants outside of cities IN which the Treasurer.
or an Assistant Treasurer, may be situated, at
the expense OF the government In sums or null
tiples of $500:
/. Upon the receipt by the Treasurer of an
original certificate issued by any Assistant
Treasurer Of national bank depository that a
deposit of currency or gold coin has been made
to the order of the Treasurer in general account,
deposits with the Assistant Treasurer in New
York NAV be made by drafts payable to his or
der and collectable through the Clearing House,
forwarded directly TO him with instructions to
deposit the amounts on account Of standard
silver dollars. and to forward the certificates
therefor to the Treasurer upon the receipt by
the Trea- urer of gold coins United States notes,
silver certit, ates or national bank notes.
2. BY the Treasurer any Assistant Treas
urer by regist cred mail. free Of charge in sums
or multiples Of Sos, ut the risk of the party to
whom sent, upon receipt OF gold coin. United
States notes. silver certificates, or national bank
notes.
The regulation respecting the issue of
fractional silver Is as follows:
The Treasurer and Assistant Treasurers Of the
United States will paw out fractional silver coin
in any sum desired tor lawful money of the
United s ates
Fractional silver coin will be forwarded from
the office nearest the place Of its destination by
ext ress at the expense OF the Government In
sums or multiples of $500:
/. Upon receipt of original certificate
issued by the Treasurer an Assistant Treas
urer a national bank depository, that de-
post OF currency gold coin has been made to
the credit OF the Treasurer In general ac-
count. deposits with the Assistant Treasurer
in New York may be made by drafts payable to
his order, and collectable through the clearing
house. forwarded directly to him, with instruc-
lions to deposit the amounts on account OF
fractional silver coin, and to forward the GER
tiicates to the office nearest the destination OF
the coin.
q BY the Treasurer or any Assistant Treas
urer. bv registered mail. free of charge in sums
or multiples OF seventy dollars at the risk OF the
party to whom senttSpon the receipt of currency
or gold coin.
The following is the regulation in regard
to the redemption of United States notes:
United States notes, each exceeding nine
tenths of its original proportions In one piece.
are redeemable at their full face value in other
several Ass slant Treasurers OF the United
States, and are redeemable In coin. In sums not
less than fifty dollars, by the Assistant Treas
urer in New York