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<p>[QUOTE=&quot;lettow, post: 8205482, member: 6986&quot;]Secretary Chase&#039;s circular applied to the government.&nbsp; It did not apply to private transactions.</p><p><br /></p><p>They were redeemable in coin at the Treasury offices cited above.&nbsp; The further from these places, the greater the discount.&nbsp; </p><p><br /></p><p>Notice there is no Treasury office in Chicago where they could be redeemed for coin.&nbsp; While the receiver of public money in Chicago had to receive them at par for public dues, he was not required to redeem them for coin.[/QUOTE]</p><p><br /></p>

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