The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-11-24
AN UNUSUAL COURSE
CARLISLE ENDEAvORING TO OFFSET
THE RAID ON HIS GOLD.
Subtreasurers Notified to Pay Express
Charges Both Ways ON Coin sent
in Exchange for Currency.

WASHINGTON, Nov. 2s.-The Treasury
Department to-day. in order to recoup In
part its falling gold reserve, took the ex-
tremeiy unusual course of agreeing TO pay
express charges both ways on gold for
warded in exchange for currency. Secre-
tary Carlisle, In a circular letter sent to
United States subtreasurers during the aft
ernoon, instructed them hereafter TO re-
ceive gold coins I'm sums of 500 and multi
pies thereof and to pay express charges on
the gold and also on the currency returned
in exchange therefor. He also instructed
the subtreasurers to receive light weight
gold coin and TO ascertain the exact value
OF such coin and pay for 1t at face value
less 4 cents for each troy grain such coins
are found to be below standard weight.
This is believed to be the second time in
the history of the government that it has
paid express charges both on the gold re-
ceived and the currency returned therefor.
The only exception, it is said, was in 1898,
when it was done in a few instances. The
Secretary's letter OF instruction to SUBJ
treasurers regarding lightweight coin was
as follows: Department instructions OF
July 3 and Aug. %. 1895. requiring you to
reject and place a distinguishing mark on
all gold coins presented TO your office for
deposit which are found to be below the
least current weight, are hereby so modi-
fed as to instruct you, when requested. to
accept all such coins at valuation in pro-
portion to their actual weight. such valua-
ton to be determined by deducting from
nominal value 4 cents for each grain. troy.
found below the standard weight of each
piece. all lightweight pieces thus received
nv vou IN he hold IN tho "a ch of v0ur office.
separate from full-weight coins. and each
bag of such coins to be plainly marked
with the amount of face and actual values
of contents. II the depositor should pre-
fer to have the pieces that are found to be
below the least current weight returned to
him, you will, before returning them. stamp
each piece with the distinguishing mark
referred to In department letter."
Campania Carries Away $~4,67O,OOO.
NEW YORK, Nov. 2.-The steamship
Campania, which sailed for Liverpool to-
day. carried one of the largest shipments
of gold ever sent from this port. The ship
ment consisted of $4.O00.Ooo in gold bars and
$4,000 in gold coin. The gold was not re-
ceived until a few moments before the de-
parture of the vessel. 1t was carried from
the subtreasury to the Cunard pier in ex-
press wagons, guarded by four men. Each
man held a rifle by mis- side. 1t took three
wagons to transfer the treasure to the pier.
On the arrival of the wagons at the pier,
they were driven close TO the side of the
steamer. An extra anyway had been put
up for the use of the men who were TO carry
the gold aboard the vessel. They were all
old employees of the company. On the dock
a rope had been stretched from the port 10
the starboard side of the vessel to prevent
the passengers and visitors from going
within ten feet of the gold. The strong box
of the Campania is a steel vault. built on
the main deck of the vessel. Its walls are
three feet thick and it is guarded by a door
on which there are three locks. The captain
carries the key of one lock, the purser of
another and the chief ooatswain of the
third. To open the door the three keys must
be inserted in the locks at the same time.
The gold bars which were shipped to-day
were wrapped in sacking to prevent wear.
The coin was packed i'm casks about one
foot high: Full casks contained 5000 each.
The gold IS insured.
-