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It Was Only 1 Cent

It Was Only 1 Cent image
Parent Issue
Day
20
Month
April
Year
1888
Copyright
Public Domain
OCR Text

New York, April 18.- The sub-treasury was put to an expense of more than 00 per cent, by a draft received Monday frora a national bank at Bridgeport, Conn. It was drawn on the Chemical National bank of this citv as a transfer of a balance due the government. The amount was 1 cent. It took 2 cents to return the receipt, to say nothing of ink, stationery, and labor. The receipt of this draft reminded Cashier Slierer of an account ainounting to 1 cent that the subtreasury has been carrying for thirty-five years. The money belongs to a Wall street banker. It represente the balance due him after the delivery of some bulliou from the assay office. At the time of the transaction he was given a draft on the sub-treasury for 1 cent due, but regarding it as a curiosity he had it framed, and in spite of frequent requests to present it and let the account be closed be keeps it still and will will it to bis heirs.

Article

Subjects
Ann Arbor Argus
Old News