ITEMS OF INTEREST April 17, 1909 Issue

ITEMS OF INTEREST

National.

The Assistant Treasurer of the United States Treasury has approved a plan for systematizing designs for United States notes and coin certificates which will embody the ideas of officials of the Treasury Department, bankers, business men, and currency experts. Under the plan adopted, all classes of notes of each denomination will carry the same portrait. The one-dollar silver certificate will carry the portrait of Washington; the two-dollar silver certificate the portrait of Jefferson; the five-dollar note, whether silver certificate or greenback, will carry the portrait of Lincoln; the ten-dollar gold and silver certificates and United States notes, that of Cleveland; the twenty-dollar that of Jackson; the fifty-dollar that of Grant; the one-hundred-dollar that of Franklin; the five-hundred-dollar that of Salmon P. Chase; the one-thousand-dollar that of Alexander Hamilton.

Reassessment of duties amounting to a total increase of $1,239,000 on sugar imported by the American Sugar Refining Company at the refinery of Havemeyer and Elder, between December, 1901, and November, 1907, have been ordered by Collector Loeb of the port of New York. The imposition of the increased assessments is a result of the trial of the case of the Government against the American Sugar Refining Company, which was recently tried in New York, in which the Government was awarded $134,000. The Government also claims that it has been defrauded of about $500,000 in duties on sugar weighed at the refinery of Havemeyer and Elder, in Brooklyn, and also of $500,000 in duties on sugar weighed at the Jersey City refinery, prior to 1901.

Send a comment to the editors

We'd love to hear from you!

Easily submit your testimonies, articles, and poems online.

Submit

ITEMS OF INTEREST

We'd love to hear from you!

Sign up for unlimited access