Show arv esit V arom ra wag TIDY sum ali RICHT ASHINGTON the united states washington W government in fifty years has accumulated from unredeemed money A longstanding long standing question namely how much does a government make through the failure of its citizens to present its paper for redemption to Is answered fairly accurately cura tely for our country in these figures expert mathematicians in the united states have figured on the problem and the results they have obtained by different methods are so nearly identical as to lead the layman to feel confident that they have hit somewhere near the mark obviously the difficulties difficult tes surrounding the statistician wishing to tabulate the gainson gain the government from this source are almost insurmountable if accurate figures aria are what he Is looking for the destruction of paper money of all sorts goes on rapidly throughout the country yot this loss Is never reported to the treasury so the mathematicians have had to take the complete figures of the government redemption division and by comparing the average life of notes the average percentage of actual redemption demp tion ion and other items of that sort have been able to work out a fairly accurate percentage of paper money that Is either destroyed or to is in such hands bands that it will never reach the treasury for redemption in gold all sorts of causes contribute to increase the amount of paper money that will never be presented for ro redemption demp tion 71 v e is perhaps the most important cuse though improved safes and the more general use of safes for holding the cash supply are annually reducing the loss from this cause then there is a sort of inertia that money seems to have which keeps it out in the country once it is started in circulation even though it be of an issue supposed to mature at a given time shipwrecks too are responsible for some of the loss lastly there are the collectors and it is probable that every fairly good collection of united states paper money accounts for at least one piece of every denomination that has failed to come back to the treasury |