Press enter after choosing selection

Burned Money

Burned Money image
Parent Issue
Day
24
Month
February
Year
1881
Copyright
Public Domain
OCR Text

The American Expresa Company, which liail st-vcrul safes in the lire at the nvrüi, raüro&d disaster at Tioga, X. Y., have st'iil, thcin to the Treasury Department. The company did ïiot open the safes, as they contained among other tilines paper money thai if bürned would be destroyed beyöhd sil hope of ii-(lciii]iiic)ii if -in-lcssly handled. The saiVs have been openedin the basement of the Treasury. .V full force of experts f rom Ihn redemptíon división of the Treasury Oflice is at work, pieking out. nul identifying their contents. In the burned mass were fmind jewelry, includingalotof diamond and watches, gold and silver coin, legal tender notes, national bank notes, government coupons, and railroad bands. The coin, which has been nieltecl in all manner of shopes, will have to go to the Mint as bullion. The jcwchv, cxcept the diaïnoiuls, is worthless, but witli it the Treasury has nothing to do. Tlie legal tender notes are being separated and with great skill by the aid of sharp, thin knives. Already the express pany is safe in getting back at least $7,000 of the legal tender notes. The notes were a black mass, with slight creviceaon tlie sides, showing the separat ion of note from note. The experts, by examination, were enabled toidentify the notos, bogethw with ttadr respective niunbcrs. 'Plii-y will 1 rejylaced totlie company by new notes. The work on the legal tenders is iiot yet over. The bank untes have nol been töuched as vet fOr ldëntlftcation. Oneyoung lady is buey on the coupons and lias identified a number of 4 per cents, representinij $500 eacht and also a nuniber of 4$ per cents. These will also be redeemed. Tlie riulroad bonda are not redeemable by Wiegovetninent, butthey will lie identitled. The bank notes, when identitunl, will be redéemed. Such is the expertness with which apparently nothing but black, ln-ittle masses are handled that it is 'i y likely that every note, coupon, and bond tliat was burned will he sepátated and identilied.

Article

Subjects
Old News
Ann Arbor Democrat