Show HOARD MILLIONS IN U S CURRENCY misers have tucked away more than washington millions tn in old size currency alich wl ich was replaced more than a year ago by the new small size paper money will never be presented for treasury ofil claas have estimated various methods of determining the amount which will never come bick back place the aggregate gain to the gov at from to as much as in addition to amounts destroyed and lost the treas ura ur believes at least has been hoarded although new small sized currency began circulating 15 months ago a tot il it of 8 0 in old s ze money Is still outstanding if ff only one per cent of this falls to return the treas ury will save 8 joseph S mccoy treasury actuary believes that hoarding of paper money equals at least 50 cents per capita for the persons in the unit ed states or a total of aggregate hoarding of paper money silver currency and gold Is placed by mccoy at more than this money Is hoarded by the estimated misers in this country in children s banks by for el eigners n ers who do not trust our banks b by those in isolated comin communities unities with out banks and by many who wish to keep a certain amount of currency always on hand such as the chicago and san francisco fires destroy large amounts of currency thousands are lost annually in smaller fires or ex plo the fastest turnover in currency Is in the 1 bills the average life of one of the old 1 bills was eight months so it Is probable most of those of the old series still out have either been destroyed or are hoarded there are of unredeemed 1 bills in national bank notes alone |