Rensselaer Semi-Weekly Republican, Volume 19, Number 14, Rensselaer, Jasper County, 22 October 1897 — CUBAN SILVER DOLLARS. [ARTICLE+ILLUSTRATION]
CUBAN SILVER DOLLARS.
Three Million of Them Are Now Being Coined in New York. A New York silver manufacturing company is coining 3,000,000 silver dollars for Free Cuba. They are coined under the direction of the Cuban Junta of that city, and are beautiful specimens of numismatic art. The new dollars cost the junta about 65 cents each for silver and manufacture, so that there is a profit of 35 cents on each
of them for the Cuban cause. If the whole issue is sold at face value the profit will be $1,050,000. Many of the coins have been privately sold as souvenirs at a uniform price of $1 each. They will be put on public sale at the American Institute fair. They bear a beautiful Liberty head on their obverse and the Cuban coat-of-arms on the reverse. They have the word “souvenir” on them. Thi» was necessary to bring them inside the United States coinage laws, which are exceedingly strict. Carl Faber, defaulting cashier of Oelrichs & Co., was taken into custody when the steamship Barb rosea from Bremen arrived at New York. Faber said he was willing to pay what he owed and that everything would be fixed up all right Faber te accused of embezzling at least SIO,OOO, and ft te said that it may reach three times that figure. Fire destroyed the plant of the Zimmerman Packing Company, naear Portland, Ore. Low on building, $55,000; on meats, $25,000. A few live sheep were cremated. ’
“FREE CUBA” SILVER DOLLARS.
