Daily Arizona silver belt., 1907-08-11
UNITED STATES COINS
Some Facts in Relation Thereto that
 Are of General Interest

Many thousands of dollars in stand ard silver "cart wheels" halves, and quarters are being shipped to southern bankers now. They are to be used in paying negroes working in the cotton fields. The southern negro is suspicious of fresh, unfolded treasury notes, and prefers his wages in silver, the cheer ful jingle of which can be heard in his pocket. The government pays the ex- press charges on shipments of silver from the treasury. When it aceumu- lates in the banks, which it will in due time, the bankers must pay the cost of shipping the bulky wealth to a subtreasury for exchange.
 There seems to be no end to the ways and means employed by ingenious mer- chants and promoters in the effort to use United States coin as an advertising medium. The authorities are constantly putting a stop to various devices plan. ned with the idea of getting free ad vertising at the expense of the treas ury.
 A new way of using the government coins to exploit a commercial scheme has just been brought to the attention of Treasurer Treat. In a remittanc, from a southern bank were found ; number of silver dollars on one side O. which was pasted the printed card o label of business firm. As the pape on which the notices are printed is GU little smaller than the coin and stucl on with adhesive glue, the removal o the paper is made with great difficulty
 The inventor of the scheme evidentl counts on doing an extensive bushes as at the bottom of the cari is printe Copyrighted This scheme, if peI mitted, would make all such pieces sim ply tokens for advertising purposes The department will not receive none so defaced, but will return it at tn sender's expense for cleaning; other wise the coin would have to be special ly treated by the department for tn removal of the paper before it could b reissued.
 About once in so often it become 
 necessary for the secretary of the treas ury to issue a general circular of warn ing for the benefit of coin collector who have notions that the governmen is in the market for rare coins and vii pay fancy prices for old and scare specimens. Lately a report has beel circulated in the press that certail
 issues of continental currency are a rare as black pearls and about as val uable.
 This innocent paragraph has brough flood of letters to the department from holders of this currency, who ar willing to sell out at pearl prices. Tn department is sending to such hopefu applicants copies of the following cir cular:
 ''The various issues of continents currency are never redeemable by tn United States government, as reorgar ized under the constitution. By the ac of August 4, 1790, it was receivable a the treasury in subscriptions to loa at the rate of $l00 in continental none for $1 in specie. By the act of Mare ,, 1797, it was declared that said none l, would be receivable as above until D, cember 22, 1797, and no longer.
 "It will be seen at once from tn above that such currency has no none | value, even if the notes be genuine" | "The government never pays an , premium on currency, no matter how ol and valuable it may be to collectors, , said Treasurer Treat. "The treasur
 will pay the face value of any Unite , States obligation, no matter what tn date of issue may be. But we make n 5 distinction between the various issue 3 of coin and currency of the Unite l States, neither receiving nor paying 9 premium in any case.
 I uMnne of the coins of the Unite s States have been fcailed h.. All stat l ments to the contrary are erroneou | and their origin and purport unknowl r Application for list of premium coil { should be addressed to some of the col
 dealers to be found in all large citie s Notes issued by the sa-ealled Gonfede f ate States of America, and by the var
 ous state banks, are not redeemable | the United States. "-Washington lett' ,, in the Brooklyn Eagle.