Mohave County miner., 1895-02-16
AN INFAMOUS CONTRACT.
How Carlisle Would Sen Out the Trsas.


United States Of the first part and Messrs.
August Belmont & Company of New
York on behalf Of Mes,rs. N. M. Roth.
schild 4 Sons Of London. Eoslsnd, and
Themselves, parties VI the second part
Wiibesseih:
WHEREAS. 1, is provided by the Re.
vissd Statutes Of the United Strt-s
(Section 37v0) that the Secretary Of the
Treasury NAV p,,Tchase coin with any of
the bonds or notes OF The United States
authorized by Law ut such rates AMI upon
such terms as he may deem most adj.
vsDiageous 10 the public interest; and
the Secretary Of the Treasury now deems
that an emergency exists in which the
public interests require that, as hereinaf.
ter provided, coins shall he purchased
with the bonds Of the United States OF
the description hereinafter mentioned,
authorized TO he issued nnde, the act
entitled An Act to Provide for The Re-.
sumption Of Sp~ris Paynents," approved
January IA. 1875, being funds Of the
United Staies. described in nm act Of
Congress approved July IA. 1870, en-.
titled IAN Act TO Anthorize the Refund.
ing Il the N ,,ional Debt."
NV, therefore, the said parties Of The
second part hereby agree TO sell and de.
liver 10 the United States $500 900
ounces Of stand ard gold coin Of the Unit.
I'd States nj the rate Of $17.804f per
ounce, payable in United States 4 per
cent thiTiy.ye.r coupon or registered
bonds. said bonds to he dated February
l. 1895. and payable At the pleasure o
the United States after thirty years from
date, issued under the Acts of Congress
Of July II. 1870. Jsnnary 20, 1871. andj
January IA, 1875, bearing interest at the
rate Of 4 per cent per annum, payable
quarterly.
Fira--Snch purchase and sale Of gold
coin beiny made on the following con.
difions:
l. At the least one.half Of all coin
delivered hereinunder shall he obtained
in and shipped from Europe, but the
shipments shall not be required to exceed
500, 900 ounces per month. unless the
parties Of The second part consent there.
TO.
2. All deliveries shall he made at any
OF the tub-iIeasnries or At any other le.
gal depo.i,ory VI the United States.
3. The gold coins delivered shall he
secured on The basis of tsenty.fve and
eighteenth grains Of standard gold per
dollar, II within the limit Of tolerance.
4. Bond. deli 'ered. under this con.
tract are to he dslivered free OF accrued
interest, which il to be assumed AMI paid
by the parties Of the second part at the
time Of their delivery to them.
Second--Should the Secretary of tn.
Treasury desire 10 off-r or sell any Of
the bonds Of the United States on or be.
fore the lat OF October, 1895. he shall
first offer The same to the parties Of the
second part. hat hereafter he shall he
free from every snch obligation to the
parties Of the second part.
Third-The Secretary of the Treasury
reserves the right, within ten days from
the date, in case he shall receive author.
iiy from congress therefor, TO snbstiiuie
any bonds OF the United States bearing 8
per cent interest. OF which the principal
and interest shall he specifically payable
in United States gold coin OF the present
weight and finepess OF the bonds herein
alluded 10, such rer cent bonds TO he
accepted ~ the parties Of the second part
at par-i. O., at $lS 60465 per ounce OF
gold.
Fourh-No bonds shall be delivered TO
The parties Of the second part or either OF
them except in payment of coin from
time 10 time received thereunder, where.
npon the Secretary Of the Treasury of the
United States shall and will deliver the
bonds Ms herein provided at snch places
as shall be designated ny the parties Of
The second part. Any exrense Of deliv.
cry outside OF the United States shall be
assumed and paid by the parties Of the
second part.
Fif'h-Tn consideration OF the purchase
of such coin the parties Of the second
part and their associates hereunder ~.
,nmes and will hear all the expenses
md inevitable loss Of bringing gold from
Europe hereunder, and as far as lies IN
heir uower will exert all financial ipt1u