.S. Treasury's Redemption of Old Banknotes Washington, July 15.
One of trickiest financial operations yet, which the treasury burned worth of currency—whick e than $1,000.00)
American numismatists on the verge of tears, The money, in the form of rare Old bills, came from the estate of the late Hetty Green, once known as ti world's richest woman, Collectors estimated that perhaps ten times its face value.
The treasury redeemed it at its face value, at request of Col. Edward Green son of the woman finaner. It developed that his mother had eft him several collections of currency rarities, some of ich were duplicated.
Rather than throw the duplicates on the market and thereby lower the value of the ancient bills he retained, Green sent them to the treasury for redemption.
The Government burned all the bills, except a $500 national bank note of 1864—so rare that the treasury did not even have a good example for its own collection. This was saved from the flames, to be placed under glass at the treasury.
Text read from the printed page and cleaned; old type leaves the occasional error.