The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1896-04-30


Hanover National Bank in New York
to deposit $500 with the sub treasury
there and request the silver to be
sent. In proper time the Hanover
reported:
New York. April A, 1896.
G. j. Selwyn. Esq. Cashier. Weiser.
Dear Sir:-As requested in yours OF
March 30, we charge your account $500,
deposited with assistant treasurer U. 5 lat
New York. in order to have that amount
of halves (silver) forwarded to you. We
hand you herewith G. D. for same.
Yours very truly.
VIM. HALLS, Jr.. Cashier.
And at the same time the following
certificate of deposit was received
from the sub-treasury:
Office of Assistant Treas. U. S., !
New York, Apr 4, 1896
Received from Bank of Weiser, Weiser,
Idaho, through Hanover National Bank,
N. Y, Five Hundred Dollars, on account
OF Fractional Silver Coin. to be forwarded
them from San Francisco on certificate of
deposit OF like amount issued this day.
q. A. JORDAN,
Assistant Treasurer U. S.
San Francisco says it must go from
New York and New York says 1t
must go from San Francisco. But
after the receipt of the certificate the
silver did not come and after q two
weeks wait another letter was adj
dressed to the assistant treasurer at
Washington. Finally, two months
after the campaign for few silver
coins was inaugurated, low and be
hold it arrived-from the sub treas
ury at St Louisl
Selwyn was really surprised when
lie did receive it, that it was silver
and not one dollar bills. The evil
dent intention is to make mans
hair turn grey at the thought of sill
yer and what will have to be gone
through to get it, Mountains are
being raised between the public and
silver coin so they will accept small
paper currency in preference to going
to the trouble of getting silver. Sill.
yer is to be smothered out on this
plan and open the way for frac-
tional bank paper circulation BY
the way have you noticed the num-
Der of new 81 shin plasters about
lately. They are being pushed out
in the place of coin In 1887 the,
country was flooded with paper
money in small denominations and
when specie was in demand it was
found difficult to obtain. The germ
was deposited and later on came
national banks, and the existence of
national banks alone made it possible
to demonetize silver. The inward
ness of Selwyn's experience is easily
read between the lines, especially as
the first letter received from San
francisco enclosed circular which
made Selwyn so disguised that he
allowed his temper to get the better
OF him and he tore it in fragments,
therefore we are unable to give the
circular in full. 1t was first issued
from the Park National bank of New
York, and was to the effect that sit
should be the object and is to the in
terest of every banker to use his in
huence to get delegates elected to the
national conventions who will stand
Tor sound money and the gold stand
ard. At the bottom of this circu-
lar the Croker Woolworth Bank had
written a line or two stating that
'these are our sentiments. Califor-
MA prldes herself on always having
upnelu the gold standard.
The presence of such a circular in
the transaction of getting silver coin,
and the subsequent trouble, was in
tended to be translated as meaning
"We banks don't want any silver in
ours The moneyed interests are
better subserved without it. We are
placing a boycott on silver. ANY
bank which does not stand on this
ground is black sheep in the flock
and will be treated as such. We will
not in the slightest way accommodate
any bank that does not uphold the
gold standard. Those who do not
stand so will be put to such trouble
rs to make life burden 10 them
They had just rs well come over now
rs they will be driven to it sooner or
alter if there is power enough to do
20.
POOR INDEED