Democratic Sentinel, Volume 3, Number 33, Rensselaer, Jasper County, 26 September 1879 — Secretary Sherman’s Coin Disbursement Order. [ARTICLE]

Secretary Sherman’s Coin Disbursement Order.

Treasury Department, ) Washington, D. C., Sept. 19. ) Gold coin beyond the needs of the Government having accumulated in the treasury of the United States by deposit in the several public assay offices of fine bars and foreign coin, for which depositors have been paid, at their optioD, in United States notes, the Treasurer of the United States and the several Assistant Treasurers at Boston, New York. Philadelphia, Baltimore, Cincinnati, Chicago, St. Louis, New Orleans and San Francisco are hereby authorized to pay out gold coin as well as silver coin and notes upon current obligations of the Government and upon advances to disbursing officers as may be convenient and practicable. Transfers of coin for this purpose will be made to any Assistant Treasurer, wheD necessary, by the Treasurer of the United States by application to him. The Treasurer of the United States in this city, on receipt by him of a certificate of deposit issued by the Assistant Treasurer at New York, stating that there has been deposited with him legal-tender notes in the sum of SIOO, or multiples thereof, will also cause to be shipped from the mint at Philadelphia to the depositor, at his risk and exponse, a like amount of gold coin. Standard silver dollars may also be obtained as heretofore. The exchange of gold for United States notes at the several sub-treasury offices, except at New York, appears to he prohibited by section 3,651, Revised Statutes of the United States, but it is believed that payments of coin, as above authorized, will enable persons to secure all that may be desired.

JOHN SHERMAN,

Seoretary of the Treasury.