| Show SUBSIDIARY COINS Fosters Plan to Get Them Into I Circulation KO MORE TAXES ON TOBACCO I The Government Will Lose Over I Million and a Half Annually The Condition of the Treasury WASHINGTON May IThe first of the steps contemplated by Secretary Foster for getting the subsidiary coin now in the treasury into circulation were taken today 4 when the following notice signed by United States Treasurer Nebeker was prepared by the treasury department and will be sent to banks and bankers throughout through-out the United States The coinage of standard silver dollars authorized by the act of February 2 ISiS has been discontinued by the act of July 1 1890 The treasurer finds I inconvenient inconven-ient to furnish them otherwise than in the redemption of silver certificates or treasury treas-ury notes but will forward silver half dollars dol-lars quarter of dollars and dimes to any address free cf cost for transportation by express in sums of S200 or more or by registered mail in packages 70 in exchange for any other Kind of money deposited in the treasury or any subtreasury or depository de-pository bank Remittances for this purpose pur-pose will be received by the treasurer and assistant treasurers in the form of drafts S on any bank or bankers in Washington iNew York Boston Baltimore Philadelphia adelphia Cincinnati Chicago St Louis Ics Orleans or San Francisco Secretary Foster on Financial Matters WASHINGTON May Secretary Foster in speaking today concerning financial I matters said in his opinion the government govern-ment was able to take care of all its obligations obliga-tions and in addition to the 8236000000 of bonds already retired by this administration administra-tion it would in his opinion add a considerable consid-erable amount in two years that remain Concerning the 100000000 legal tender redemption re-demption fund in the the treasury secretary secre-tary said be did not expect any condition of affairs would arise which would make i necessary for the government to touch it He intimated however this fund might be used without legislative action in case of ibsolwte necessity to prevent any discredit to the government obligations Foster said the last statement made by Leech director of the mint was an admirable ad-mirable one There were some statements in it however which he would have expressed ex-pressed differently had he prepared the himself paper himsel |
