The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-08-23
THE OFFICIAL FIGURES

n response % popular demand. the gov
! eminent regsslsd 5000 Of tse can
ceiea ncses.
This brought me amount ogtstzndi-~
20 szsc ss0ssa ard Il 80 remained uaEIi
the resumption act o. January "a. KS.
provided far rs reduction to y1a.es6fs 90
the process ~as, howsver. gain stopped
rs TIRE ret % May 81. ~. whtcn r%5sire5i
sas notes 70 ~ rFtss1eTs w1en redeemed
Al thar time ne amount sustaining waz
s5is. 0fs. wssich = the present amount
Gold Certificates.
The act Of March :. issz, authorized the
see-sfzry Of tne treasury 70 receive af~
pests 81 gold coin ARD bullion En sums
rot less than 80. and - issue certificates
therefor n denominations not less taan
sgs sad certificates q - receivable Le'r
duties on imports Under mis- act De-
posiss q god we're received ard certsii-
Gates issued until January ]. 1872. wnen
the practice was discontinued ~ order o.
the secretary Of the treasury Ine pts~
pose Of ne order sac 70 prevent the 6oia-
ers Of United States notes from prssefli4nS
them cor redemption IN gold. ana re-
deposstInz the gold IN exchange Tor gold
eayfgsragex No certificates were issued
after January l. 1873. until the passage or
me hank act OF July Y 1859. which author
gzed and directed The secretary OF me
treasury 70 receive gold coin and bullion
ard issue certificates.
silver Certificates.
The act ~ February p. 1873. authorizing
tho tas.ie OF the standard silver dollar. pro
vsaed that any holder az such dollars
might deposit them IN sums not less than
80 wish the treasurer or any assistant
treasurer or the United States. and re-
ccive certificates therefor, In denomina-
tons not less than so. sasd certificates 10
De receivable for customs. taxes and all
public dues. The act OF August Z. 1870,
authorized the issue of the smaller de-
nominations OF 81. - and s.. Silver GER
tsfieafes have practically taken the place
IN circulation OF the standard silver dol
lars which they represent. The amount
outside the treasury July ]. 1895. was $751;
20 80 while the amount OF standard sill
yer dollars outside the treasury was only
81 RS eas. Neither silver certificates nor
silver dollars are redeemed in gold.
Treasury Notes, Act of July Ia, 1890
These notes were authorized by the act
Of July Ia, 1870 commonly called the
sherman act" The secretary OF the
treasury was directed 10 purchase each
month 4.aAonsl ounces OF fine silver al the
market price, and 10 pay for the same
with treasury notes redeemable on demand
IN coin. and legal tender for all debts, pub
lie and private. except where otherwise
was provided In the act that when the
notes should be redeemed or received for
dues they might be reissued. but that no
grea ter or less amount of such notes
should be outstanding al any time than
the cost OF the silver bullion and the
standard silver dollars coined therefrom.
then held in the treasury. purchased by
such notes.
The authority for the purchase of silver
bullion under this act was repealed by the
act OF November /. iS9a. up to which date
the government had purchased los. ga
sSg5s fine ounces, at a cost OF SIS, s3i. 0o2.
for which treasury notes were issued. The
amount OF silver bullion purchased under
said act and now held in the treasury is
81. sss IL fine ounces, which cost His.-
9oS. ae.3
Redemption.
Gold coins and standard silver dollars.
being standard coins Of the United States.
are not ''redeemable."
Subsidiary coins and minor coins may
be presented In sums OF multiples OF TWEEN
~ dollars 70 the treasurer of the United
States or to an assistant treasurer for re-
Sempsion or exchange into lawful money.
United States notes are redeemable in
coin In sums not less than so, by the
assistant treasurers In New York and san
Francisco.
Treasury notes OF fsa0 are redeemahle
Ia coin" in sums not less than 80. by the
treasurer and all assistant treasurers of
the Tinted States.
National bank notes are redeefnable In
lawful money OF the United States by the
treasurer. but not BY the assistant treas
urers. They are also redeemahle at the
hank OF issue. In order 10 provide for the
redemption of It's notes when presented
every national bank Is required by Law 10
keep on deposit with the treasurer a sum
equal 10 per cent. OF its circulation.
Gold certificates. being receipts for gold
coin. are redeemable IN such coin by the
treasurer and all assistant treasurers of
the United States.
Silver certificates are receipts for stand
ard silver dollars deposited. and are re-
deemable IN such dollars only.
'Eain" obligations OF the government are
rodeemable ia gold coin when gold IS de-
mandee. and in silver when silver Is de-
manded.
Coinage OF the United states.
Among the tables given tho following are
the most important:
Coinage Executed at the MINIS ot the
United states During the Six Months
Eusied June 80, lS36.