The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-02-14
CARLISLE REPLIES.

He Tells in Report What Became of All
the Gold.
WASHINGTON. Feb. 14.-Secretary Car
Isle sent to the senate his reply to a res
olution recently introduced by Senator
German asking among other things for
Information as to what portion OF the
gold reserve in the treasury on January
1, 1898 had been used for current ex-
penditures, and how much of the funds
realized from the recent sale of bonds
has been so used, and the amount re-
quired to replace the money so used.
The secretary in the course of his an
swer says that the original reserve, aug
mented by the gold proceeds of the sales
of bonds, was diminished during the
period of twenty five months to the ex-
tent of $172, ga, 315. of which S105. O02,
143 was directly or indirectly devoted to
current expenses and $67, 672, 172. which
had been converted into notes by the
process of redemption. was still on hand.
1T is proper to state in this connec-
tion," says the secretary, that when
United States notes. or treasury notes OF
1890, were redeemed in gold, they were
received into and held as part of the
general cash assets in the treasury the
same as any other money belonging to
the government and under the acts of
May 81, 1873, and July Il. 1890,
they are paid out when necessary
to defray the public expenses.
Whenever it has been possible to
do SO, the redeemed notes have been
used to procure gold coin by exchange
with banks and other financial institu-
tons and IN this way large amount of
gold was restored to the gold reserve
fund during the summer of 1893 and
some since that time"
CHI ho
sets in the treasury in excess of certiff-
Gates and treasury notes outstanding on
July 1, 1898, were $3.50, 450, 6S1, aud on
January 1, 1895, 1888, 297, 277. OF the
first amount $95, 4S5, Alb were gold.
OF the first amount $95,485,41 was
gold and of the second $50, S91 500. The
cash balance in the treasury on Decem-
Der 81, 1894, available for the current ex-
penses of the government, but not in
Guiding the gold reserve fund, is given
as follows: Silver dollars and bullion,
81 $780, 1905; fractional silver coin, $14,-
493, 1856; United States noIes, 1874, 941 ,f5T
al bank notes, $4,759,972; minor coins,
$1,1 4,186; deposit in banks $15,081, 275;
bonds and interest paid $12.247, making
total Gents omitted) of $1O6, 375, 74O.
The actual amount of gold in treasury
on July 1, 1894, was 1874, 873 024, and on
January l, 1894, $685. 800.
The amount of gold received from the
sale of United States bonds from Janu-
airy 1, 1894 to December 81, 1894, both in
elusive, was $117, $3.50, 282. The amount
of treasury notes and United States
notes redeemed in gold before the same
date was as follows: Treasury notes,
ST.. 804, OPS; United States, $123, 941, O59,
making total of 81, 745, 100.
The cash balance of gold on this ac-
count on December 81, 1924, was $780,
244 445
Inc amount of United States notes and
treasury notes in the treasury January
i, 1894, exclusive of United States notes
held for the redemption of currency GER
tifcates outstanding, was $6,289, 0S6
Adding to this $141, 755, 104, the amount
of such notes redeemed to Decent Der 81
1894, as above stated. and $40, III, 1913,
the amount Of like redemptions during
| the following months, gives a total oil
$19,151,928, of such notes. Note.
available during the whole perioc
exclusive of ordinary receipts. The
amount of these notes remaining in the
treasury on January 1, 1895, the
| date of the resolution, was $50,
! 627 $3.50, showing that of a total O
| 1886, S62 S42 redeemed in gold from
January l, 1894, there has been paid GU
| the sum of $40, $685. 39, and there was
remaining in the treasury balance o.
| SIS, 1886, 903 OF the amount paid GU
| $67 1856 453 was for current expenses
and $50, 53e,486 was in exchange fol
other kinds of money, including gold
The report also shows that OF
July /, 1894, the unexpended bal
ances of appropriations aggregated
$78, 291, 100, and the total amour
available for expenditures on that date
was $780,, GIG, Ala, making the total avail
able appropriation on July l, 1894, S442,
907,5 $50. The expenditures during the
six months ended Dec 81, 1894, amounted
to 1856, 49,, leaving an unexpendeC
balance on January 1, 1895. of $3.50, $50,