The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1894-09-24
FIRING THE. CLERKS.
MIR. CaRLTsLE rs DIsCHARGING NO.
MEN EMPLOYEES
In His Warships ordered to
China-Troops at Railway Cehters-An
OffciaI Statement on Silver Coinage

| 1.rt,oton Santember 1.-THE comptrol-
| Ter of the currency has declared d third
dividend of 10 per cent in favor Oh Ine CRED
itors of the State National bank Oh KNOX
| willie, Tenn, making in all 90 per cent.
| F,nnloves of the treasury department are
| thoroughly worked up over the olscharBeS
| now being made to carry INTO erect the
| REORGANIZATION provided by the DocKery
commission So far the AK has taIlen most
! heavily upon the women employees ana
MANY high-priced female clerks nave peen
| discharged. The scene today anu Saturday
! when the dreaded yellow envelope cohtaih-
! ing the discharge was hanued 10 'Ie VIC
! Tins were in many cases patheue- II was
| NOT unusual to have a half dozen groups OF
pretty crying clerks in one bureau MANY
| of the female clerks discharged hau oeeh
| long in the service, and one case - men
/ toned of a woman who was among ehe %
ever aDpointed to government oihce pE
! Irnitad states Treasurer Spinner over thlr-
| tv-fve Years ago. Twelve clerks were ols-
! charged today. 49,, ,e,-,
| 100000 standing at the close ol
| the treasury at $50. 43O.3ol
| Warships Ordered to Chiha'
| Tho first matter that occupied the atten-
| tion of Secretary Herbert today Wheh ne
! returned to the navy department aIteI nv
| weeks absence, was that OF reinforcing INC
| Asiatic squadron, and after a pre- O ,,
| tatiou with Secretary Gresham ne lSSueu
| preliminary orders to the commanders OF the
| Machias and Detroit to prepare 10 ProIeeu
| to China as soon possible l ne IiaCiila'
| is ordered to be put into commission d. ' ~,
| New York navy yard tomorrow one VII,
| be ready for sea in about three "eeN' t1
will sail as soon she is Joihed py 'ne
! Detroit which is now being repareu a
! Norfolk The Machias will carry the 1oiuii-
| bian relics which were exhibited aI ChIo"eo
! last year leaving these belongings 10 SPAN
| at Cadiz and returning the vatican coLec-
|
| 10 New York in charge of a state depart
ment official and marine guard ana they
| will be delivered at their destination Win
| considerable ceremony. The DetroiC anu
| Machias are expected to reach emma carry
| in December
| Secretary Gresham this afternoon, receiV-
| ed a cabiegram from Consular Agent AliTeu
! Cooper at La Libertad. announcing the
| death Of Consul General Alexander L. Fol-
| lock- at Salvador. from yellow fever MI
| poIIoclS was n native of Austria but was a
citizen of Utah when he was sent TO Saliva
| DOR September 18th, last year
Troops Mt Railway Centers.
The sweeping general orders providing for
! the concentration of the United States army
| at the great railway centers was issued
! from headquarters this afternoon. 1t IS IN
| substance. as follows: Ten of the twenty
| five infantry regiments are concentrated al
| single posts The abandoned posts are Fort
| Wood. on Bedl0e's island New York harbor'
| Fort Ontario. near Oswego, y. Y; Newport
| barracks Kentucky; Mount Vernon bar
| racks Alabama; Fort AIackinac. Michigan;
Camp Pilot Butte Montana; Fort Bowie
and Fort San Carlos, Arizona; Fort Marcy
| and Fort Supply, Indian Territory. The
regiments to come east in whole or H part.
are the Third and Sixth cavalry, tie Thlr-
! teenth and Seventeenth infantry, while the
/ whole Twentieth infantry takes station at
1 Fort I1eavenworth. The department of the
east will be increased by nineteen companies
| while the Platte loses seven, Colorado four
/ and Dakota eight. The east win now have
! J19 companies at thirty-one posts, but there
/ viii still remain west of the mississippi river
| forty-nine posts garrisoned by 245 companies.
/ Davis island Pennsylvania, will be occupied
| by the First artillery after October 1st.
! Fort Ethan Allen, Vermont, will have four
! troops OF the Third cavalry.
| As to Silver Coinage.
| A great many letters have been received
| at the treasury department recently making
| inquiries concerning the coinage of silver
| dollars and the redemption and cancellation
! of treasury notes. and in order to avoid
| the labor of repeating the information in
| answer to each letter, Secretary Carlisle
| today dictated memorandum on the sub
/ jcct for publication. The memorandum
quotes the first, second and third section
| of the Sherman act under which the silver
I now held in by the treasury department
| was purchased and says:
| 1t viii be seen from the foregoing that
| while the law provides that redeemed treas
| ury notes may be reissued, il also in the
| same section, imposes an express limitation
| upon the power to reissue by declaring that
no greater or less amount of such notes
| shall be outstanding at any time than the
| cost of the silver bullion and the standard
| dollars coined therefrom then held in the
| treasury purchased by such notes "
Notes Must BE Redeemed.
When such notes are redeemed in gold
obstacle Ia wa Of bpir re-
] issue, because such redemption does not
affect the stock of silver held in the treas
ury under the act of July H. 1890; but when
they are redeemed with silver coined from
the bullion purchased under that act they
must be retired and cancelled for other
wise, there would be- after the redemption
and reissue greater amount Of notes out
standing than the cost of the silver origin
ally purchased and then held in the treasury
and this IS expressly prohibited by the stat
ute. The purpose of congress was to prevent
the duplication of the currency which would
be the case if the notes and the silver pur-
chased with the notes could be outstanding
at the same time. Treasury notes received
IN the ordinary course of business or re-
deemed in gold, or exchanged for silver
dollars not coined from the bullion purchas-
ed under the act of July II. 1890. are not
retired and cancelled All such notes are re-
issued. Prior to the first day of July. 1871.
standard silver dollars to the amount Of
264 were coined from the bullion pur-
chased under that act. The so-caIIed gain
or seigniorage arising from this coinage was
$6,S37,S03, which was paid into the treasury as
u miscellaneous receipt, leaving S29 49, 46l
to be held as 4 fund to provide for the re-
demption of the treasury notes as provided
by law.
Putting Silver I'm Circulation.
At the beginning of the present admins
ton. this sum of $50, $50, 46I was still I'm the
treasury, and standard silver dollars 10 the
amount of $l597,225 have been coined since
that time OF this last sum, however, $520.-
O19 was seigniOrage leaving SLOT, IA to be
held in the treasury. 1t appears therefore.
that the whole coinage under the act has
been 1913 ,4S7, and that the amount to be
held in the treasury for redemption pur-
poses was $4,000, eos. OF this sum 81 l2l. 600
have been used in the redemption of notes
and that amount has been retired and can
celled. No treasry notes have been re-
deemed In silver unless silver was demand
ed, the policy and practice of the depart
ment having always been to redeem in the
kind OF money demanded by the holder of d
note. The presentation of the treasury notes
for leF1 orafl in Cflxr