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Show TRADE DOLLARS. Mad Speculators w lio Xliiuk Silver Miuuld be Sold by lVclKht.1 I New York, 19. Times' Washing-1 ton: Tbe treasury department has received a number of communications from large firms and others respecting Linderman'a circular of July 25th, relative to the value of tbo trade dollar. dol-lar. The writers, judging from the tone of their letters, belong to that class of thrifty persona who beforo the department informed the public that the trade dollar was only worth its bullion value, which at present rates is but 90 cents and a fraction were in the habit of buying the coins in question ques-tion at a discount varying from 5 to 3 per cent., aad then passing tbeoi oft at par. This was tbo cafe in some large manufacturing establishments whero employes have been invariably paid partly in trade doirars. Railroad i companies also realized a large saving ! by using the trndo dolUr at their ticket orlices, and palming them ofi on the public at par value. It was to check this swindle that the director of the mint published his circular cautioning tho public agaiust accepting accept-ing the trade dollar, for anything mnrn rhfin it wna trnrtli nnH nnw that the harvest is nt an end holders of trade dollars are very indignant at government for having interfered with their operations. oper-ations. Some want to know bow it is that a dollar which like tue trade dollar weighs 400 grains id only worth i)0 cents, while the new silver dollar, which weiphs but 4irj, is not only valued at 100 cents, but is made unlimited un-limited legal teoder and receivable for customs dues. Others characterize tbe action of the government in refuting re-futing to redeem the trade dollar at par as a swindle. Strango to say, many of tbe largest holders of trr.de dollars are national banks, who have doubtless been speculating in them. |