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Show SUSPENDS SILVER COINAGE. It will probably bo nows to most of tho pcoplo iu this region that tho Government Gov-ernment hns suspended tho mintintr of subsidiary silver; coins, and is not likely to resume. Of course, it is known to tho general public that, thc coinage of dollars is usually in suspense; but it has boon supposed that thc subsidiary coins would continue to bo struck. It appears, however, that thoro will bo no moro of this coinage for somo time to come. A circular from an Eastorn financial houso states the caso as follows: For tho lime being the Treasury hns suspended tlm coinage of subsldlarv s'li;. nd banks In tho castoni and middle States which havo boon In tho habit of furnishing their customers with new coins arc now unable to obtain them except by paying heavy charges on shipments ship-ments from the mints at either New Orleans. Or-leans. Denver or San Francisco. The supply of new coins at tho Philadelphia Mint was exhausted several weeks ago. There is an abundance of bullion on hand from which new coins may bo minted, but tho Sub-Treasury oftlces hold moro than $21,000,000 old pieces fit for circulation. It Is desired by Treasury ofilclals thai this lnrgo stock of available subsidiary coin bo utilized Iu circulation before resuming re-suming coinage. When tho subsidiary coins hold In Treasury offices fall as low as $10,000,100. that ilguro is tegarded by ofilclals as tho coining point. Last year tho stock of subsidiary silver In the Treasury fell off to tho extent of $12,000.- 000 during July. August, and September. If the movement awny from thc Treasury Is at all as pronounced this summer, resumption re-sumption of coinage In tho early autumn may be expected. Old silver coins aro shipped at tho expense ex-pense of tho Go'crnment, under an appropriation ap-propriation made by Congross. but now rolns at tho exponse of banks desiring them. There will bo available until July 1 some portion of an appropriation to cover the expense of shipping old subsidiary sub-sidiary silver this fiscal year, but there Is some question as lo whether Congress will pass a similar appropriation for the succeeding llscal year. That is a scheme, tho working of which will bo sure to draw as much silver to tho treasury :ib possible and tako as little out. Wo do not understand under-stand why it is thai thore should be obstacles like this put in tho way of the circulation of iiilver subsidiary coin. The Government pu'B for tho transmission of old silver coins to tho treasury, but will not pa' for tho return of tho new coins to roplnco them in circulation, though it pays freely free-ly for tho renewal of paper currency. Very naturally, tho coins that aro sent in remain there and the senders get their vnluo in somo other form of currency. And there is upward of $11,000,000 of "old pieces" yet in tho treasury, which tho pcoplo must pay for ami lake out beforo tho accumulation accumula-tion gets down lo $ 1 0,000,000, "the coining point." How long this will take under tho system of paying to get coins in and refusing lo pay lo get them out, is n dubious question; perhaps it will tako a century. It was, some years ago, tho prncticc of the Government lo return, at its own cxpenso, tho new coins in place of the old scut in for redemption. That soomed a fair proposition. Tho Government Gov-ernment sends our. tho coins, they become abraded and lose value. But il is tho business of tho Government lo keep its coins at full vnlue, and tho obligation ob-ligation to do this has generally been recognized. However, it is recognized as to silver only in part. The Government Govern-ment recalls tho wasted coin and pays for its transmission. Then it keops it unless the sondor is williug to pay the return charges. It. is surely a vory curious turn to lake; and every time that a curious I urn is taken il is to the disadvantage of silver. Eastern railroads havo agreed not lo file iiotico of increased freight tariffs for a couple of months. Well, in that length of timo they ought to be ablo to discover whothor or not Uncle Sam has thc big stick concealed behind his back. Of the making of books thore is no cud at thc raco track. |