Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1886-12-11

the surplus in the treasury to that OBJ
iect Or the bonds thus called S102,-
269, ,450 became subject under such calls
to redemption prior to November l,
1886. The remainder, amounting to
S25,U13 $50, matured under the calls at
ter that date. In addition TO the amount
subject to payment and canoe lation
prior to November l. there were paid
before thar dav certain of these bonds
with the interest thereon amounting to
50. .072, $50 which were anticipated, rs
10 HE ma uiily OF which 81 COL, 500
had not been called. Thus SlO1 .34i ,SUJ
had been actually applied prior to the
lst of November, 1886, to the extingu-
ishment of our bonded and interest
bearing debt, leaving on that day sill
outstanding the sum of 81, 153, AS, ,l1z.
Of this amount $50, S4S,700 were still
represented by $ per cent. bands. They,
however, have been since November l,
or will at once be, further reduced by
s22 COG, $50, being bonds which have
been called, as already stated, but not
redeemed and cancelled before the lat
Ter date.
SILVER COINAGE.
During the fiscal year ending June
so, 1856, there were coined under tho
compulsory silver coinage act of 1873,
529 1888, 800 silver dollars, and the cost
of the silver used in such coinage was
S23.44S, 500 0l. There had been COIN
ed up to the close OF the previous fiscal
year, under the provisions of the law.
203, 1882 ,554 silver dollars, and OH the
lst day of December, 1886, the total
amount of such coinage was S247,l3
$40, The director of the mint REPORTS
that at the time of the passage OF the
law of 1878. directing this coinage. the
intrinsic value of The dollars thus COIN
ed was 944 cents each, and that on the
3lst day OF July, 1856, the price of sill
Yer reached the lowest stage ever
known, so that the intrinsic or bullion
price of our standard silver dollars at
tnat date was less than ~ cents. The
price of silver on the 3Oih day OF Nov
| ember last was such as to make the
dollars intrinsically worth IS cents
each. The differences in value of the
coins represented the fluctuations in
the price of silver and they certainly
do not indicate that compulsory coin
age by the government enhances the
price OF that commodity, or secures
uniformity in its value. Every fair
and legal effort has been made by the
treasury department to distribute this
CURRENCY among the people. The with.
drawal of United States treasury notes
of small denominations, and the issuing
of small silver certificates have been
resorted to in the endeavor to accom-
plish this result. in obedience to the
will and sentiments OF the representa-
uves of the people in congress. On
the 9th day of November, 1886, the
people held of these coins, or certifi-
Gates representing them, the nominal
sa s1o 1ea G az ~ ,ho ,r.ssnrv @ 90 aaa;nst @
/, -, 20 on, nss =. ~. 80, 81 ,to
aoo. si.st'oJS o1o o. ~ s1e 1e0 a W 'o =,
peop,e, anu S.H'ooo,oo Mha IL, :"
ne Uno 80; 80 ..a onasS;
vi Si .no ,m. ,,,.,Ii 49,, m,ho .,,',r,,oao
", W y, s,a.;m1 % .hasa s;,nar Snliars up;"n
vi '.s s.;oJ % ,or o;no',,a.;n' ~, ,Ha
,o arc i,o' " Saua seon NO ra.sov IN
psop,u. sopo ,h. ,,;aus ovnrassad i'm NV, Ia ~
ona Wv o 10 tho s,',,;ao, ot ,I,;s
,.,., auno o .H ,d : -, 800
' con'".eoi! oon"' Sno ain uso
q l.e s"sPeheion VI an .no sounus s.. .on-
i! .a;neu III ~" ,' ,hn s;nn;Snam, "raoa.
ltiu,'u n',n ,, ,an,.,s,;nns nv dnr;n% ose the
VI oul o'e "ars 80 a ~, ~ S nare.na ,mo
.ase @ S.a,, a appu pua,;,L uaa .mo ILL
: i've et'e. e.',i, = ha' .h. ... "nu
o ~: .na; .no au a;S.r;,,,,,a.a @ go, ny. ~
.is ,l, ,.a. ho"n'nas e ~. s
= pe~'p ~ e e.on I;Sos.or. ,h.t y -,
v " pio 80 aonao eou an 49, A..
l. no~ n"e ,, "o ~. ~ ,;,,ro @ .':s
anu ina. s: :hG,e eee n.',.o o"t ,'',. p.op.ie,
8 III ou"unS .,.o .u e"S. c..
IA currency wneu ,'o Oy pc.onoo io'
e its colnaSe rs the meoessius VI -: use "
d 'ne peop'o "' 0'' o"'"'s no"iu
r. CUSTOMS COLLECTIONS.
l.. The great number of suits now pend
l, ING in the United States courts for the
n southern district of New York growing
n ont of the collection of customs reye
q nue. at the port OF New York; and tn
" number of such suits that are almos
4. daily instituted, are certainly worth
lv the attention of congress. The lega
.. controversies based upon conflicting
m views by importers and the cOllectO
a as 10 the Interpretation of our presen
IN complex and indefinite revenue law
,e might be largely Obviated by a.
TO amendment of those laws But pend
m ing such amendment the present cor
ss dillon of this litigation should be re
ii. lieved. There are now pending abou
ri 2.5OO of these suits. More than 10
n have been commenced within the pa.
of eighteen months, and many of th
| l. tor fI,o