The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-04-16
Nc MoREGoLDC ERfTFicATES.
MN. CARLISLE, UNDER THE ACT OF
1889, sUsPESDs THEIR ISSUE

The Reason h That the Treasury Cold ne
serve H. Down TO the 700
Lir.it, Or soon VIII Be-For n Tiue,
Other Legal Tender. Repnynbie In eoid
on Demand, win Re Psid Out for Cold.
Acting Assistant Treasurer Maurice, L.
Muhleman. in charge OF the sub-Treasury at
Wall and Nassau streets. received In
structions Yesterday from Secretary Car
Isle to discontinue the issue OF gold
certificates for deposits OF gold coin. AL
though Mr.. Muhleman received the Secretary's
instructions in the early morning mail the
pews did not come out until nfter the Stock
Exchange closed at noon.
The gold certificates in common use arc
those issued under the net OF July IL. 1882.
which provides: -
THAT the Secretary OF the Treasury IL
authorized and directed to receive deposits OF
gold coin with the Treasurer or assistant
treasurers Of the United States. in sums not
less than twenty dollars. and to issue certin-
oates therefor In denominations OF not less
than twenty dollars each. corresponding with
the denominations OF United States notes.
The coin deposited for or representing the
certificates OF deposits shall be retained In the
Treasury for the payment Of the same on de-
mand. Said certificates shall be received for
customs. taxes. and all public dues. and when so
received may be reissued and such certificates.
as also silver certificates. when held by any
national banking association. shall be counted
rs part Of its lawful reserve: and no national
banking association shall be q member Of any
Clearing House in which such certificates shall
not be receivable In the settlement " Clearing
House balances: prorided that the zee stdry of
the Treasury shall suspend The issue o. such gold
certificates %,chenere, the amount Of gold coin and
gold bullion fn. me Treasury rese1.reI TOR TIE re-
0P1DDflDu OF LnttPn STATES notes JuWS UetOlr one
h'n;drsd n,ilions Of dollars.
This step on the part OF the Secretary OF the
Treasury simply means that he is carrying
out the, provisions OF the. law; It does not
Any one who deposits gold coin here will re;
ssrtS NOTE notes. ' Il gold Is sC de@andsd. sold is PAID PAID
out. In other words, instead Of issuing for
g Gsas.s s,4!y . ryfos 3 sSIs iS s' sdis, tso T Tn.ssur Is
WIN BE- raid Z deaanae4 That is he whole
stoppaGe of the gold certificates makes is that
The Treasury Department. will not issue gold
certificates for gold bullion. as We have been
1.-THE Secretary Of tho Treasury is I imply
%IiifIlc ppaSaSly the :, 0 msd COZ, ON w Mn1day was iar which shin,
ment on Tuesdays German steamer. What
these Withdrawals will amount to. OF course
ernment gold reserve to the hundred million
limit ,,.. .. .,,o uo....
According 10 tnlS mourning d report tn6
81 &! H.ioEi Viu ~ III ii rcport d d%H"n not y in SHone
81 ST. i.s %itsHraT This G mo yssi1s!!4as sta s%asnti 81 tho to
a%S"nt II sosiI1 to 81 sis; !. 3 ssaiSss
s and tho ssf n.s soid s IL Tic iS5 r !dSo. so'soo'o"o'
eas hi = J is aGs 's 81 Els ihlIs" sssn 6sai ths f par qn 81
the. Goyernme emit. nor the slightest excuse for
f n,bI,s TO cE r. tie z qr ss" tim IN si the Minds Pin 81 the
Of the present law that the issue OF gold Ger
tia;ates has been suspended: because it is the
s sIsus sS IS: sss 9, = isS s!5a. The E [ssSs H sss s sas:
WAsHrNdToS: April lh-The continued ex-
port Of gold froni this country to meet the
Austria demand has reduced the free gold in
This allows for sl.250.0OO taken from the New
York sub.Trsasury yesterday for shipment ~
come. and in order to supply. the. demand for
New York sub.Treasury it Is stated TINT the
Treasury DEPARTMENT has been, shipping gold
! WeeR. '9 Th et s%oupt thus Il s ]sslp p%sf i lit IS t hsuPs PIT.
Is not less than $4,000. 600. and mny be moro.
: The m statement as1t Of II The ,Ss sesn sdrd Of tie Treas Ss
to.aas ss%s$5. 81 zig sd% ! 1;SS3o'oo5
The receipts for the half month Of April have
si5.soo.ooo. The expenditure. however. have
Kept close track with the receipts. being Sl5.-
Pension payments continue to be the
far this month $1,000. 00t. " ''
Secretary Carlisle to-day directed the Sub
no more gold certificates at present. In
doing SO he simply obeyed the law. which
reads:
issue of such gold certificates whenever the amount Of
Ift !s'e 80. OF ''''sa states notes falls below
In explaining his action. on this subject,
while the s10N.Voo 600 gold reserve had not
yet been reached. he was 30 close to It that
estes sSeu "ift LAT iasn naat no more gold certih-
This announcement. that for the first time
necessary to stop the issue Of gold certificates.
ps c toI,a%ea an ~ a ls ss%os; wh fbnt Was Vas h heard at
cent. bonds to protect the gold reserve In case
t became necessary.
De sesrsrasn o and sa wA ss sssa NJ IT'S sne The nre samGy
that !j.VlOO.0 DOC OF bonds have been issued?'
He replied; Six millions OF bonds have not
The searstiary did not state explicitly that no
,onds were to pc Issued. II was ascertained
which bad been eommsneed under the Harri-
% Admini ht thd Of Erepafing t" meet an
resent Administritiont. Recognizing the
matter Of time. Secretary Charles Eos.
err had directed the Bureau OF Engrav-
NC and Printing to prepare u large mi her OF
Bearing I per cent. interest. as author
zed by tho RESUMPTION act. 1t was learned
hat $4,000. 900 OF these bonds were now heing
toward completion. SO. that II Il
hould be deemed necessary and proper to
ssue them, or any part OF them. rather than
could BIO met with the least pos
ible delay.
IHE MURDERER SHOOTS HIiISELE