The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-04-24
PLENTY Of MONEY TO
RESUME COM Me- RICE
City Is Fortunate in That Stored
Wealth of the Mint Was
Saved.

SAN FRANCISCO, April 23-One fortu-
nate condition still remains with San
Francisco. There is an abundance OF gold
and silver coin available in the vaults OF
the United States branch mint in this
citv. The mint had almost completed
its coinage for the fiscal year when
the earthquake and fire interrupted this
operation. A visit to the mint today dis
closed the fact that the damage done Is
comparatively trivial. only one or two
rooms in the building being touched by
the flames. The furnaces and crate
chimneys Will be ready to start up at an
hours notice IL suitable power can be
obtained. and IT is possible that a speedy
makeshift for power may be soon ar
ranged II the early future should warrant
such step. Mr., Leach. superintendent
OF the branch mint. said today:
Ready to Resume.
The mint is intact. No damage has
been done to the inside either by earth
quake or fire. We are ready to resume
business just as soon as the public wants
us TO do so. All OF our men have been
at their posts since Wednesday, ready to
meet any demand but the outside
financial system is not yet in shape to use
money. The financial interests Of the city
must organize first and establish them
selves In temporary quarters before they
will be In a position either to receive or
pay out money,
Plenty Of Money.
I'VE have In the vaults OF the mint
an abundance OF money; in fact, more
than San Francisco needs. Secretary OF
the Treasury Shaw is fully alive to the
situation, and has instructed me to turn
over money to banking institutions when
ever needed"
Sub-Treasurer Jacobs opened his office
In the mint today Until he can get his
books and papers the mint will make
necessary transfers OF money
No Demand for Money.
Thus far we have had no demands for
money" continued Superintendent Leach.
We have had about dozen demands
FOR orders, but no one has called for
money. We were almost through with
our coinage operations for the year, and
the only thing now lacking to start up is
the want OF power. We Will give up all
our spare rooms for commercial purposes.
| have conferred with all OF tho repre-
sentative bankers here and in Oakland.
and Will continue 10 keep in touch with
their needs. They desire 10 get every
thing In shape first. All that they
ask from the Secretary OF the Treasury
is the prompt transfer of funds. and this
Is something that Secretary Shaw Is most
anxious 10 do One OF the first things
the bankers and sec what was needed"
No Guards Needed.
A significant indication OF the carly
restoration OF law and order and safety
In this devastated city is the fact that
there Is not u single soldier or militiaman
or regular police officer guarding the
many millions OF dollars In the vaults OF
the mint. The soldiers and other guards
were dispensed with the first day OF the
nre. and only the special police
officers regularly connected with the mint
have since been on duty there.
1t was stated today by officials of the
mint that the early reports OF the shoot
ing and attempts to break into tho mint
by looters were the purcst nonsense
There has been no disturbance whatever
about tho building . and there Is no
prospect OF future trouble.