New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-12-02

tor passes low door on HE right, over which, on
small sign-board is inscribed tho word Cashier"
There is but little need to consult the sign. The
well worn threshold; tho throng of anxious appli-
eants within, each vieing with the other in his
efforts to reach tho paying tel|er's desk; the high
counter, and the gloomy, sepulchral-looking vault
beyond, with the other equally significant appoint
ments OF the apartment sufficiently betoken its
real character. Hitler come field officers and ma
val officers, payniasters, soldiers, sailors and suit
lers, bankers, brokers, bakers and butchers, horse
dealers and cattle-drovers officers of the Govern
mont both military and civil; clerks in the depart
rments, and tradesmen--everybody, in fact, with
claim On the United States, and in want of cash.
This Is the B0rque du People," Peoples Bank
and everybody has all equal right to considera-
tion-the weather-worn and wounded soldier from
the battlefield or tho hospital, who seeks his last
months pay, or the pursc-proud claimant Of half a
million.
The apartment we are now in is very small,
uncomfortable one, and quite inadequate to the
enornous business to be done in it. From state
pment kindly furnished us by Gen. +. T.. Spinner,
the very efficient and gentlemanly United States
Treasurer, we find that in April, 1861, when he en-
tered npon his duties as Treasurer the total receipts
and disbursements Of the Office amounted to but
three millions of dollars. IL the corresponding
month of the fol owing year it had increased TO
three hundred and tdrty-cne millions. In 1883
they footed up four hundred and forty millions, and
FOR the month Of April of the current year to four
hundred and eighty Millions During the same
,p.r al tnyn
nineteen to over two hundred. But We have no
time for history; We can only deal with facts as we
find them now.
As will readily be imagined the daily. disburse-
ments over the counter OF the Cash Division are
very heavy-from three TO five millions are fire.
quen,ly paid out on the first Of tho month, which
is known throughout the. Department as Pay Day.
Daily balances are taken.
As the notes and fractional currency are received
from the Issue Division they are counted, aud ffound
correct, placed in the vaut TO await the requisi-
ton of the several departments and sub-agences
Blu. very small amount of gold is kept here, it be-
ing found more desirable for tho purposes OF the
Department to keep it at the Sub-Treasary in New
York.
Attached 70 the Cashiers Office, but in a separate
apartment, is the Conversion Branch, which,
though it does not form distinct division of the
Treasurers Office, nevertheless plays an important
part IN its operations with the people. Some idea
may DO formed of the magnitude OF tho work per-
formed in this single department when 1t is known
that nearly seventy millions Of 80 bonds % years
notes authorized by act OF July IL, 1861 have been
redeemed the Inducements examined, interest
computed and the transfer OF principals from one
loan 10 another made within the last four months
Upwards of seven hundred conversions have fire.
quen;ly been made in a single day.
The clerical force employed in the Cashiers
Office amounts at the present time, to twelve, VIZ
one Cashier, 5. T.. Middleton; one Assistant Cash
ier l.. X. Tutte two Teers, two Assistant Tell
ers two Clerks of the ith class, two of the 81, one
of the % class and one Of the fst. Owing 10 the
severe pressure of work, relays OF men are fire.
quently required for night-work
The Cashier is now preparing TO move into the
handsome, commodious apartment just fitted up for
him in the north end Of the new wing, similar to
that appropriated to the uses Of the Comptroller OF
the Currency OF the floor above.
The present total movement Of the cashiers of.
lions of dollars daily. We append the reports OF the
Assistant Cashier for the last three months:
ron TIRE MONTH ENDING JULY 30.
Recerts reimburse and transfers S75 1884, j %
Disbursements. Tedemptons, &c.--... Io6,ei5ss' 80
Total movement, % days. $780,, 0eo. li3 90
FOR IHs MONTH FINDING AUGUST II.
Receipts reimbursements ana transfers S2i 593 sis o.
Disbursements, rcdemptous, Ac..-.... .4916',o23 %
Total movement 20 days. Sie2. 30, al 81
FOR THE MONTH ENDING srPrFMBys 90
Receipts reimbursements and transfers. 1874 G9 61 q,
Disbursements. Tedemptions. Ac..-.... 32,36sCc5 40
Total movement 70 days........... s62s 407 753 8.
We now pass ON 10 the crowning act OF tho long
dranathe last scene, so to speak, in the mcchani-
cal spectacle which the various bureaus, divisions
and subdivisions OF this immense Department
which our grecnback, note or bond has passed
through in lis various stages Of progress, present TO
tho notice Of the reader. As il To keen up this
somewhat theatrical prescntment Of the picture, a
Company OF the Department Guard" comes
marching up the long hall, the band strikes up, the
curtain rises, and We find ourselves b. one OF those
ae-obatic, pantomimic shortcuts best known TO
stage performers, in the
REDEMPTION DIVISION.
This Division, which is presided over by Mr..
Frank Jones, presents another very interesting
page in the biography OF our national currency.
Our greenback has now performed its mission--of
good or evil. as the channels through which IL has
circulated may have dctermined-and il now comes
hiher to be redeemed, !. e. exchanged for new
money and finally TO be destroycd This IFS final