10 THECUBAREVIEW 



"Finally the peojjle became convinced that they should have some definite system as long 

 as they could not have all American money, there being too much sentiment remaining for the 

 Spanish and French (!urrency. A year ago Representative Alberto Sanchez Junco, one of the 

 wealthiest men and the owner of the se(!ond largest sugar plantation on the island, introduced 

 in C'ongress a bill that called for a complete monetary system based on the gold standard and 

 having as the unit the peso, with the same weight and fineness as the United States gold dollar." 



There are being coined in the present operation at the Mint here $5 gold coins, called the 

 Cinco pesos, to the amount of S4,0()0,()00, also $2,000,000 worth of $4 gold pieces, while later 

 there are to be made $20, $10, $4, $2 and $1 gold coins. There will be only a few thousand of the 

 $2 and $1 pieces struck off, just enough to meet the requirements of the act of Congress and 

 not for general circulation. The $4 pieces are to take the place of the French Louis, used as a 

 basis in a great many transactions. About $6,000,000 worth of silver money is to be coined, 

 the largest piece being the peso, equal to the dollar of the United States. Other silver denomi- 

 nations are 40, 20 and 10 centavos or cents, the Latin Union scale, on which all Spanish money 

 is based. 



There are also being turned out $1,000,000 worth of 5, 2 and 1-cent nickel coins. No copper 

 money has been provided for. It is planned that the Spanish and French money be elimi- 

 nated as soon as possible, in order that the island's monetary system shall be greatly simplified. 



Most of the natives of Cuba received the introdution of the new money gracefully. It 

 was started in circulation through the payment of 5% of wages of Go\ ernment employees and 

 quantities were sent to offices and banks throughout the island. According to Commissioner 

 Montoulieu, the people who seemed to take the most pleasure in the new money were Spaniards, 

 whose money was about to be retired. Immediately upon the introduction of the bright coins 

 sets of them to the value of about $30,000 were sent post haste to friends in Spain. 



One Spaniard, however, showed his displeasure at great cost to him. A Cuban took one 

 of the new silver pieces, a peso, into the Spaniard's business place and handed it over in pay- 

 ment for a purchase. The Spaniard got out a hammer and nailed the coin to the counter. 

 "That's what I'll do with any more of those things that are brought to me." he told the sur- 

 prised buyer. The authorities were informed of the business man's act and he was arrested 

 and sentenced to six months in prison and fined $1 ,500. It was an act against the Government, 

 explained Commissioner Montoulieu, and had to be severely punished as an example to others 

 who felt the same way as the angered Spaniard. 



Commissioner Montoulieu has with him here his wife, his son, Eduardo, and a baby boy. 

 Mrs. Montoulieu he met while she was at school at Cambridge and while he was at Harvard. 

 She is a native of Cuba, the granddaughter of Calixto Garcia. 



Mr. Montoulieu has kindty permitted his photograph to be reproduced in this issue and 

 also desires us to quote his opinion that the Cuban people have an exceedingly friendly feeling 

 toward America and Americans, and that the Republic f)f Cuba appreciated the privilege of 

 making use of the facilities of the United States Mint. 



REGISTRATION OF TRADE MARKS IN CUBA g^amps must be attached to the record. One 



Office of Registraiion.—Secretsiriii de Agri- mark may be registered for several articles, 



cultura, Industria y Comei-cio, Havana. but for several marks or variations of the same 



i)tira/ion.— Fifteen years; renewable. mark, as many fees must be paid. The use 



J'ees.— Registration, $12.50; renewal, same. of a registered trade mark is required on 



Formalities of Registration.— AppWcat on articles of gold and silver and pharmaceu- 



must show name, residence and occupation tical supplies, and all trade marks must be 



of petitioner, marlc, c'ass of mark (whether registered. 



of commerce or u. mufacture), and articles 



to be marked; it should be accompanied by 



fifteen copies of the mark, three of which are Seven months, end- 1914 1915 



to have the description written on back, and, ing with January . $1,902,866 $1,669,850 



for foreigners, by a certificate of registra- January 262,743 157,865 



tion abroad and a power of attorney, legalized February 272,655 220,844 



by a Cuban consul. Within thirty days after March 320,762 307,011 



the application has been granted, $12.50 in April 187,027 286,837 



BITUMINOUS COAL— U. S. TO CUBA 



