Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-08-29

Administration II Send Out tho
tissue Of 1892 Soon.

HAVE THE SAME GENERAL
APPEARANCE DESIGNS PRO
POSED FOR SOME OF THE DE-
NOMINATIONS.
New York Sun.
WASHINGTON, August 25.-An en-
tire series of new notes is to be issued
by the Treasury Department and called
the issue OF 1899. The new notes VIII
replace the old ones of the denomina-
tions of ST, 81, SIS, $40, $40, $50, sloo
and $500. While it has become custo-
mary for every administration to leave
its imprint on the currency OF the ma
ton by making a new issue OF notes.
which custom being adhered to by the
present administration, It IS INTENDED
in this case that the currency shall be
greatly simplified by the issue OF 1882
Prior to this year each one OF the three
kinds of notes, legal tenders and green
backs, silver certificates and treasury
or coin notes, had a separate plate
and design for each denomination AS
q result for the denominations from 81
to $500 there were eight different notes
for tho greenbacks, eight for the silver
certificates and eight for the Treasury
notes.
it is now proposed to simplify the
currency by having bnt eight designs
one for each denomination, and diner
entiatirg between the silver certificate
and the greenback. or between the
greenback and the Treasury note, by
the printing of the note. All that the
public is at present interested in is the
denomination of the note. 1t wants
to be sure that a note purporting to be
a five-dollar note is really five-dollar
note and not one raised from one
dollar note. With twenty-four differ
ent notes, or three for each denomlna-
ton, the average man finds it very hard
to remember the general appearance
of note of any one denomination,
and thus it is that by skillfully raising
the figures on a note it can be passed
successfully for d note of higher de-
nomination, as most persons are unfa-
milar with the character of the notes
OF any specific denomination. And
when these twenty-four notes are null
tiplied by the different administrations
it gives a bewildering variety.
Secretary Gage therefore hopes by re-
placing the present issue by a new one
with only eight different forms of notes
instead of twentyfour, that the. cur
rency will be simplified to that extent
and the people protected to afurther
dollar notes of the new issue are now
being printed and plates for the new
two dollar notes are. being prepared.
Designs for the new fives were SUBJ
mitted to the department to-day by
the Bureau of Engraving and Print
ing. At the department such designs
are carefully examined, not only from
standpoint of beauty, but also from
that of utility.
The question of the beauty of the de-
sign is decided by Secretary Gage. and
as to the desirability of the design by
the secret service officials. Experts
In the secret service give their opin-
ion as to whether the proposed design
is or is not easy to counterfeit and
changes are often made on their rec
ommendation. Two designs for the
five-dollar silver certificates were be-
fore the department to-day. One
bearing the head of Hamilton was re-
Jected. The design which will be TAX
en- bears the head of Washington.
which, however, vii! be replaced by
another portrait in the finished design
as the head of Washington has appear
ed on one-dollar notes SO long that it
has become identified with that denom-
ination. It's presence OF the new syes
would also be an aid to tue counter
letters in raising o. s-dollar notes to
fives.
In the new issue the engraving con-
tains more open work than in any of
the old notes. 1t was argued that
there was no reason for the Govern
ment to adopt a distinctive paper for
us money, and then covsr it with en-