Show W NOW NOVI i l TOURISTS MECCA I White House and Halls of Con Congress Congress gress Objects of Great Interest TREASURY COMES NEXT SOME FACTS CONCERNING THE MAKING OF MONEY Washington Apt 11 9 Washington at this time of ot the year is the mecca for tourists from all over the country Naturally Naturally Naturally ally their interests center on the public buildings of the city into which they flock fiock by the thousands After seeing the White Whitehouse Whitehouse house the nails nalls of congress and ana the tue Con Lon Congressional gressional library the tourist shows most merest interest in to the Treasury building bunding and tHe bureau of ot engraving and ana printing th two great money mony centers TUB Tae ques question question tion usually put PUI to tnt the guides oy oj sight sightseers sightseers seers is s How flow much money has the gov gOY government put ut into circulation since it ft ot oe came canie a nation T T iso No co guide possesses poss this specific knowledge as it is an utter im to name anything like the tUe coi COl COlI sect I amount ties gathered from various treas treasury treasury treasury ury reports however show that at the present there is in circulation between and thirty hundred d millions ons of dollars in m paper money mane alone the amount of coin cola in m circulation no man than now connected with the government nas the faintest idea only a rough guess that has been made pines S the th huge pile 01 OL wealth at about from twenty to twenty tw nty five tive million dollars The government mints and the bureau ot or engraving and printing are pushed to their utmost capacity in m making new money to keep this vast circulation up to the required standard The records dis disclose disclose disclose close that there thre is s an average of ot made every day Jay in the year jear ear in the mint at Philadelphia New Orleans and I ISun Sun San Francis o and in the bureau of en engraving engraving graving and printing at Washington Vas ington The Hit mints stamp into coin com between ana and daily dally while the bureau prints about each day of paper money I Work Well Done While the United States is said to stand I preeminent among the various nations I In the manufacture of its paper money monty I the establishments where It is made do donot donot donot not compare in any way with the large larg money factories or ot European countries The quality of its work however is such that very few if any counterfeits are not discovered As an example of the economy of the I government the Ute bureau of engraving an antiquated building stands prominent The building has been condemned as unsanitary un unsanitary unsanitary j sanitary and not fit to house by one third of the Antiquated meth methods methods methods too are used to manufacture money mone In the bureau a printer and a girl as assistant assistant assistant 1 using a simple hand press p ess which possibly saw its day a century centuri or so ago can finish about eight hun hundred hundred I dred sheets of bills a day each sheet I containing four bills The style of this press according to the printers has not changed since the government began making snaking its paper money In the building there are perhaps between six hundred and fifty and seven hundred hun red printers some of whom are engaged in printing stamps stamp bonds or other forms of government se securities securities securities but most of them are engaged in printing money A visitor to the city seldom fails falls to visit this building Its intense activity fas fascinates fascinates fascinates one the dexterity of the clerks who count the money after it has been printed and the methods employed in safe safeguarding safeguarding safeguarding guarding the money form perhaps one of the most interesting sights of the national capital With nearly three thou thousand thousand thousand sand who are actively working from 8 In the morning until the same time the next day in shifts of a thousand the bureau turns out nearly 6 in i paper money a year be besides besides besides sides supplying the postage stamps and other securities required by the govern goern government government ment It is of course necessary in the manu manufacture manufacture manufacture facture of paper money that one piece of money should correspond with another of like denomination Hence the engrav ers era and their work are of the highest standard Each bill made is an excellent example of the finest steel engraving but the dexterous clerks who count hundreds of thousands of dollars every day can detect at once any irregularities in the currency This department of the government puts out five fIe different kinds of paper money The silver sliver certificates In denominations of one twp two tw five fIo and ten dollar bills with which the people are more familiar and the gold certificates which are in less general use in la denominations of ten twenty etc form the bulk of the work These bills are printed as a matter of general convenience for the reason that experience shows the public pu desires paper money mone in preference to coin Coin how however however ever Is extensively in circulation In the West while paper money is more gen generally generally generally used in the East Silver Certificates There are outstanding about four hun dred and seventy million dollars in silver slIver certificates To the uninitiated this reck reckless reckless reckless less output of money seems to portend utter financial dissolution but such is not the case The government cannot issue all of the money it wishes it is confined to stringent rules and can only issue money In two ways In which it becomes legal tender If one should deposit silver slIver or gold coin or bullion with the treasury officials au authority authority authority is given in law to issue silver or gold certificates or worn certificates certificates certificates may be exchanged for new ones As old bills are destroyed the bureau must supply the demand for new money From the statistics of the redemption bureau of the treasury it is shown that thata a dollar bill remains in circulation about one year a two dollar bill which Is not so extensively used by the general pub public public public lic has bas an average life of about sixteen months a five dollar bill circulates about two years ears before It Is worn out a ten dollar bill lasts nearly three years be before before before fore the government is called upon to replace it where a twenty dollar bill is Iii used for tor four years before It Is la return d to the treasury department for redemption lion tion The redemption of these the e nut nots J reaches the enormous total of at nearly on billion dollars d nas To 1 a year completely c stroy the bills bUIll a huge machine is us i i J which turns the money into paper pul pulp From the pulp various articles are twill mil for souvenirs by printing com concerns 11 Ii r sold on the streets A little card at attached attached attached to the article shows the ex fX t amount of money the pulp represents i t isome r Ii some models of the Washington ton mum mono monument meat ment more than W 00 OO IB is represented |