Show MUTILATED MONEY SMALL NOTES FARE TRIM WORST THE redemption are many mutilated notes presented for redemption asked a reporter of a clerk in the united states sub treasury on wall street today yes more than the public has any idea of he be replied and the obliging clerk at once volunteered to 1 initiate D vitiate the reporter into the workings of the department having charge of that thas particular brancu branch the chiet chief rules rega lating the work are as follows fallows paragraph 10 16 reads 11 mutilated uti united states notes gold certificates and silver certificates are redeemable dee mable by the treasurer only at a discount of 10 per cent of the face value for each tenth of the original proportion missing in any part or place not less than one ha half it of the whole note is presented is 18 less than halt and notes subject to discount under paragraph 16 are redeemable at the face value of the whole note dote when accompanied compa nied by an affidavit of the owner oi or other persons having knowledge of the facts that the missing portions haye have beba totally destroyed of national bank notes dotes it says paragraph 21 notes equalar equaling ig or exceeding three fifths of the their proportions and bearing the name of the bask baak and the signature of one of its officers are redeemable at their full face value paragraph 22 notes of which less than three fifths remain or from which both signatures are lacking are not redeemed by the treasurer but should be pre anted for redemption t tu the bank of 01 issue more 12 and 5 notes are redeemed than of any other denominations notes were shown to t the he reporter that were scalloped ped torn in halawith half with corners missing holes boles the size of a silver dollar seemingly taken out of the center of ef the note and some so thin that more handling would reduce them to shreds the silver certificates of 1 and 2 were well represented even though la in circulation but one year they were principally torn 1 not worn as in the other cases A piece e of glass the exact sze size of a note divided 1 into squares and aad ob longis used to measure the size of the mutilations one half of the glass is divided into live five parts formed by lines cut cat horizontal with th the I 1 ends each oblong being one tenth of f the glass the other half is cut into twenty square representing on one e fortieth of the glass this glass when laid upon a note at once reveals the extent dt df the mutilation the money is received and examined by a special clerk who after returning the proper amount to the person presenting it turns the note or notes over to a clerk whose duty it is to pack and prepare the same for shipment to washington ing on A large stack at balls Is was before I 1 the last clerk clarh an andu ie e w was as busy sorting them according to denominations they are then put into packages of notes then ten packages are tied together forming a bundle containing 1000 bills silver certificates are perforated before being packed the bundles are expressed to washington ington n where the notes are reduced to a pulp which in turn is into various shapes and boid sold to curiosity hunters more than in mutilated notes are redeemed each year at the sub treasury commercial advertiser |