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Show V v S , v fa S . X ? V i-iiFu; - ,Yi-. v ' s ' ' - . u i 15 Sis', A V 1 ' V " " i 4 ' r ' " " t t and as n result we now nave live different dif-ferent kinds of $10 bills. I'tider tha new plan the national bank notes will be done nway with. Silver cert i licit li-cit t os are to lie used for Jl bills only, and there will be no silver certificates of any oilier denominnl ion. The I'niled Stall's notes, which are the greenbacks of the Civil war period, will be merge. into bills of the new currency and there will be only on! type of bill. (oil. I c.-rl ificale-t and federal reserve Holes will be used only for the Ilk'!. or ib-nominat ions, the Jin bills, the .s:,(i's, Slmi's and Ifl.ixni's. Slill another chanu'e will be III the mailer of the pictures used on the bills. ( in ny of them ni l' porlrails of people unknown to tin' public. More than that, the same piiturv may be on a $1 bill and on a S-U bill. This eaii-es confusion nnd soinet hues lends to mistakes, ruder the new syslem Hie pictures of Prv.siilei'l s only will be u.-e.l. For iii' tance. Wnshhmlon is lo appear on Hie .v hills. Lincoln on I he bills, Jefferson, probably, will l.e on the SIO bill, (Irani may get the :'J(l one, Cleveland Hie S-'' bill, Roosv-veil Roosv-veil the SPKI. nnd Wilson Hie S I .( H . Thai, will not lal.e place, however, until next summer. ( lovennnenl niau-uf.irliue niau-uf.irliue of money Is n complicated process and the dollar bills make up more than lint I' of our paper currency. Some MM) tons of ll'i'iii at present arc! distributed each year. The bills of this ih'iioininal ion will bo the lir.sl lo appear in I he new size. Next w ill he produced Ihe jf'JH bills anil the government govern-ment will work up and down from these two, but. II will lake two or three years lo replace nil of the revised re-vised det bullions In circulation. Treasury experls slate thai there are always about a billion bills In circulation. circu-lation. m an average these bills last a year before they wear out and have lo be replaced, (if course, Ihe If I bills wear mil most quickly, so that by starling Ihe new syslem wllh $1 hills and sending Ihein oul to replace Ihe worn out $1 bills, Ihe first, step In Introducing In-troducing Ihe new currency will be taken. The treasury has warned Ihe , ill, lie Hint advance .specimens cannot be furnished iinlll Ihe new bills lire released si mill t n neoiisly III nil purls of I he count ry. By EL. J .lf WATSON Oil the second time iij since Alexander Ilaru- ilton, the first secre- lu tary of the treasury, fy"' established our cur-I cur-I Mn. I ryncy system, a radical change is to be made ' ia "ie Sl7'e our T'aper y money, according to or-r- Y S -a jers that have been issued is-sued by Andrew W. Mellon, present secretary of the Treasury. Treas-ury. The other change occurred in 1801 when the smaller bills of Civil war "whin-plaster" fame were introduced. intro-duced. These smaller bills, however, were used only a short time and then the regulation size was resumed. Now the size of all bills is to be reduced again and they will be a third smaller than they are today and somewhat different in design. The present size of paper currency is 7 7-1'i by inches. The new size will be by inches. There are two main reasons for the change in size. One is convenience and the other is economy. The smaller small-er note will generally lit into pocket-books pocket-books without being folded, a thing which is not possible with the present pres-ent bilks. It will also be easier to handle since It will lit more neatly into the hand of the counter, without cramping the hand, as the present bilks do, nnd can be manipulated - . more rapidly. The economical reason is a double one. The frequent folding fold-ing and creasing of the present size currency eventually breaks Ihe fiber of the paper and makes It deteriorate more rapidly. Hut the principal tea-on tea-on is the saving in manufacture. Under Un-der the present system of prinlin:; money, the faces or the bucks of eight noti-s mi. engraved on one plate and printed at one Impression. The new size currency will allow 12 Holes to hi- made from one plate ami VI can be printed on the same size sheet of paper which formerly printed only ciuh:. Mr. Mellon estimates that Ibis will mean an annual saving of .?",WU,-OtX) .?",WU,-OtX) in Ihe manufacture of money. I'.ai I: of Ibis contemplated change He-re in an interesting story, for Ihe cdvanlae of tin: smaller-size money was di covcn-d In accident. Twenty- live years ago, when Spain ced 1 1 the Philippines to the United States in the treaty which ended the Spanish-American Spanish-American war, It became necessary for our government to furnish the Filipinos with a distinctive currency. For some reason which has never been explained, the government bureau bu-reau of engraving and printing designed de-signed a currency in which YZ bills could be printed from the plates from which were printed ci 'li t of our bills. The Filipinos were satisfied with t his handy currency and it has ben supplied sup-plied to them steadily for the last quarter of a century. I'uring tin-many tin-many years of American occupancy of the Philippines many of our people who have been sent to the Inland-;, civil aid military oiiicials, school teachers and the like, have handled the Philippine currency. When they returned home nnd began using the clumsy bills which they found here, they weie struck by the di U'ercnee. and almost invariably they uttered a prote.-t I hat the Phillippine size was belter than our own. So frequent were these protests that at last the Treasury d -part uient he-an to take notice of them, and two years ago when a treasury coinniillee began a si tidy of currency problems, Ihe first thing It considered was a change in size. Handles of paper wore cut up In the Philippine size, nnd these dummy dum-my notes were distributed to federal reserve banks for experiments by I ! I -ers and oilier oiiicials of Ihe banks. The result was that Ihe federal reserve re-serve bunks reported unanimously In favor of thi! smaller size hank notes. The bureau of engraving and printing also favored Ihe change because of tin.' economy In maniiluciurc already noted. The result was Ihe order issued is-sued by Secf'lary Mellon recently. P.ut Ihe ch'.nge in ihe size Is not to In: the only Innovulion in the new system, (liber change at'"' conletn-plaled conletn-plaled which will bring order lo our somewhat confusing currency syslem. The government Is now pulling out, five different lypes of currency - national na-tional bank notes, gold cerl ilicales, silver cert i Ilea t en, United Stales Holes, nnd federal reserve notes. II. has been the custom to print nil of Ihese in most of Ihe different, denoiiil mi I ions. |