The United States government mints also several different kinds of silver coins - dollars, half-dollars, quarter-dollars, and dimes. The silver dollar, which, as we shall presently see, was at one time a standard alongside the gold dollar, is composed of nine parts of fine silver to one part of alloy - that is, it is nine-tenths fine. It weighs 412.5 grains, of which 371.25 grains are fine silver. The silver dollar, like all gold coins, is an unlimited legal tender for all debts. This simply means that a debtor may, unless there is a contract to the contrary, discharge his debts in silver dollars. The other three silver coins have the same fineness as the silver dollar, but do not weigh as much in proportion as their exchange values indicate. Two half dollars do not weigh as much as one dollar; neither do four quarters nor ten dimes. These subsidiary coins are legal tender up to ten dollars. The legal-tender quality of the nickel piece and the copper cent is limited to twenty-five cents.

Representative . money. - Closely akin to the standard gold dollar and to the one-time standard silver dollar are the two forms of representative money used in the United States.

Copyright Underwood & Underwood, New York

How Silver Dollars are Stored in the United States Treasury.

One, the gold certificate, is issued by the government to take the place of exactly the same amount of gold deposited in the treasury. Similarly, the second form, the silver certificate, represents deposits of silver. The chief reason for substituting the former for gold coin is to save the wear and deterioration which gold suffers in passing from hand to hand. The silver certificate, while it also serves to save wear on silver coins, is issued largely because it is much more convenient to handle than silver. The main point to notice in connection with gold and silver certificates is that holders may exchange them at the United States treasury for gold or silver, as the case may be. In other words, representative money merely represents gold or silver which the government keeps in trust for its holders.

An Account of Resumption, from Contemporary Newspaper.

resumption.

Peace from the Placid Potomac to the Warbling Wabash.

Coin In Abundance Everywhere, And In But Little Demand.

More Gold Received at the New York Sub-Treasury Than Paid Out.

Reports from Philadelphia, Chicago, St Louis, and Many Other Points.

General Feeling Of Confidence For A Revival Of Business.

Speech Of Hon. James A. Garfield At Chicago, On Honest Money.

Cincinnati.

Resumption resumed yesterday, and nobody seemed hurt by it. There was about as much stir over it as as though it was Lot. Theodore Cook remarked that it might as well have happened six months ago. The Merchants' National Bank didn't have a call for a dollar of gold. The Third National paid out a solitary twenty-dollar gold piece. There was no demand at the National Bank of Commerce. The First National paid out $97 50 in the yellow coin.