OCR Text |
Show COINAGE OF SILVER BULLION. Treasury Will Expedite It When Financial Kill Passes. It is the intention of the treasury department to expedite as fast as possible pos-sible the coinage of the silver bullion purchased under the Sherman act still remaining in the treasury. There is still on baud bullion purchased under this act costing 578,000,005, and represented repre-sented by that amount of treasury notes outstanding. The department has been coining this bullion into dollars dol-lars at the rate of $1,800,000 a month. The financial bill authorizes the coinage coin-age of enough of this bullion into subsidary coins to bring the total sub. sidary coinage tip to SI. 000, 000. This will require about $l',". 000,000 in sub. sidary coina. |