Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-08-07
ISSUE OF GOLD CERTIFICATES.

I. j. SHEARER.
ISSUE OF GOLD CERTIFICATES.
The secretary of the treasury has de-
cided to increase the currency circula-
ton by issuing gold certificates in de-
nominations of $40. or multiples. $50 be-
ing the smallest that can be issued UNI
der the law and these to be exchange
able for gold coin. 1t is questionable
whether these will be small enough to
meet practical demands of business, I
though this will be the hope of the sec
rotary in making the issue.
It is becoming apparent that in the I
fall movement of crops there will be
pressing demand for more currency or (
paper money. AS this can be furnished
in no other way than by the issue of /
gold certificates there will undoubtedly
be demand more or less urgent for
such certificates against the deposits of
gold coins. The sub-treasury' at San
Francisco has already been notified by
wire to resume the issue of gold certi- |
1icates on deposits of GOLD and in pay
ment over the counter of government
obligations. The other sub-treasuries
have been notified to the same effect by
etter. The sub-treasuries We're also adj
5ised that the government would ship
MEM an additional supply of gold GER
lifcates today of what is known as de-
oartnant car;es in observation-disclosures ranp
ng from $50 to $1,000, and aggregatng
About s10,O00,000. 1t is anticipated that
The gold certificates most in demand
will be what is known as ito order Ger
tificates.' These will be issued on re-
quest to individual depositors of gold,
and in their own names, in sums rang
ing from $4,000 to $4,000 each. The
government now has in it's vaults be-
certificates of what is known as the
series of 1888, and these will be supplied
on demand until others can be printed
at the bureau Of engraving and print
ing.
The government is to be commended
2 for this movement, and now that it has
gone to the limit of its power it is in
sisted thar the banks and tba ,,aorl.
must adjust themselves to the situation.
y = efhS'f- 9i1 ir % Y LID NJ.
te es'es e.ssi anu iase ana one OF the
oese pains u eiie Iowa republican pat
form favors the revival of American
s.i'pi'ins ny eiie eiiaeeitleh1 OF leglsia-
'ioi WHICH VIII retain Tor American
ss.iipe 'ie eai siiiS VI our foreign COM
ilielee' WINNIE prosperity abounds IN
nearly every department of trade there
is much to be done Ia restora A,,,sr,,., :
commerce in A,na,,ica, sh.;,,s - ~ ~
sition it once held and which i, sbo,,d
hold now. os the estimated ,,aro, ti,s
shinbuildins of The vear 1yae .hor, :,
ner cent of the vessals ,ra,s ,o,,,,o,,e1
in Great Britain The n,,r,ta, 80 he,
new vessels ne tbis oIass ,..s 20, -
which only seventeen we've sai, 1nel,,d
ing fortv-one warsbins tho tet.l a,,+
nut az the. T-nited, tS;,,s,,,o,,, ,,.as ono 49,
cole 80 go ,oz +5,,s 11,,o. AZ,
der Of the sbinbuilains, i d;,,idsa y,
anone tho cor, ,,,erc;.l n.,io,. ~ ~,
world ar nor, of = viii. he eo,,,a ,,,
e.,,, u.
sun, hii'i'u s'iipo"iieis are Nlewlh'
with alarm the increasing competition
of Germany, and the conceded comm,
comnetit,on with tho 1-ni,ad c..+as
Ni''i e'ie eiicouiaseihe IL should re
ceive IN this country and our unequalle
facilities for building vessels tn
United states should baad the lie, a
!. -,
WI ~ LITE
EAcrEpN cA1,D oE 1>,e,,,-r
N'9 ->-'-' - =. INSANE . :