The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1892-08-23
ASA SOUVENIR
A Columbian BanknOte Will
Probably Be Issued
To Commemorate Americas
Ouadri-Centennial.

The Matter Has Been Under Considera-
ton for Some Time and Will BE Laid
Before Secretary of the Treasury Foster
Upon His Return to washington-Whl
Probably BE "a 81 Bill.
WASHINGTON, Aug. 22.-When Secre-
tary Foster returns TO Washington from
his trip 10 Ohio plan will be lIS be-
fore him for the issue of ColumblI1
banknote in honor of the quadri-centen-
NAL. Captain Meredith, the chief of the
bureau of engraving and printing, has
had the matter under consideration for
some time and he has made propositions
TO lay the matter before the secretary OF
the treasury on his return tO,the city IN
such a way that if the new design is au-
thorized his engravers can get to work
on it almost Immediately.
The postoffice department is to issue
set of stamps III honor of the discovery
of America, and Captain Meredith thinks
that a Columbian banlnote would be
quite as appropriate. To issue whole
set of Columbian notes would cost too
much money and involve too much
preparation, but the cost of getting out
one will not be great and the work IN
Ln6 6uEIdNluS pa 1ALADAAe "a NAAN 1---
is in such condition that the work
would not interfere with other WORK
which is now in hand.
The idea is to choose one Of the small
or denominations for the change-prob-
| ably the 81 note, as that is the one with
which the public comes most closely IN
contact Very few notes over the de-
nomination of $40 are in general clrcula-
| ton. Very few people outside banking
| circles probably know that the issue Of
| treasury noIes authorized by the law ot
July IA, 1890. known as the Sherman
law, has never been completed. 1t Will
be completed in a short time.
The bureau is now working on the
design for the $50 note. which has never
been issued or even engraved. All OF
! the other denominations were prepared
the s1. 81. s.. $40, 500. 500, $500 and
! q. 900 notes But the first order ior 500
notes under the new law went 70 the
bureau only a short time ago ana IhS
plate for printing them Is not yet ready;
! This new note will have q vlgnette or
General Sherman from tull-face en-
craving which was prepared IN the
bureau before his death IN anticipation
of the nece sity for us.-s 1t at some
future time.
The bure7u usually hIs a few por-
traits of men eminent IN the history OF
the United States on hand to use IN an
emergency in getting out bank note or
revenue stamp. General sherman .
Dortrsit has never been used on bank
note before. The bureau engraving OF
him Is considered particularly llne ana
the $50 note will be a work Of ant when
it is compier-d.
There is an engraving Of Columbus IN
the bureau II was made some years
ago by Burt, who, in his time was con
; sidered the finest vignette engTayer In
tbe country. General Miles sent to hirl
in New York recently for Sugsesuon
for a portrait Of COluu bus 10 use on
something which he is preparing Tor tDe
centennial. and Burt told him OF the 3N-
craving in the bureau.
II is a fuu-face portrait, reproS 3nilng
Columbus with a smooth iace AMI wear.
ing briCanGish looking hat. 4 hated
! uOrtrait would be Il novelty II bank note
Illustration. Since the controversy over
! th. authenticity of the Columbus pJf
traits has arisen. Captain licredith has
got a COPY Of the Lotto picture which
, the bureau 0f American republics
has RECOGNIZED as the most authcd-
nc likeness for use on the CDium Olan
. half dollars and has had several pOr-
traits Of il taken. The eugravers at the
> bureau are not pleased with the picture
and criticize j. from an artists view
DClDt. lsuI Ut il IlOl tl sAlA tllAA-h'fAg NAAtFh
l il will be used on the bank note If Sec
l retarv Foster should authorize IT,
The bureau Of engraving and printing
is preparing actively for the display
which il viii make at the worlds fair.
The1e VIII be no active mechanical dis
l. play. This viii he source Of disap-
pOintInent to many. One Of the reasons
Is given for this Is the fact that there VIII
e not be space for such an exhibit.
fs,1 that II ic mt rAlETHnrpd an-
# visable TO give the public too good an
8 idea Of how bank notes are engraved
=. The American Bank Note COMPANY
never allows any but its employees to see
g the geometric lathe with which the in
|. tricate cross-line engraving on bank
> notes is done: and very strongly depre-
Gates the fact that occasional visitors
!, to the bureau are allowed to see
the geoInetric lathe at work there.
: The display of the bureau will consist
= of framed specimens of the bureaus
work One of its features VIII be the
!, complete collection of portraits Of the
= secretaries of the treasury from the be-
= ginning of the government. This collec-
II ton is now being completed.
Many of the portraits of the first see
retaries were missing and it has been
necessary to photograph the OIL paint
e ings of some of them hanging IN the
"a treasury department. These portraits,
: the portraits of all the presidents, the
. portraits of deceased members OF con
: gress which have been engraved froni
= time to time, pictures Of public
: buildings and specimens of all the
y bank notes, treasury notes, bonds
:, and revenue stamps issued from the
, bureau, displayed in frames, will con
!, stitute the exhibit of the bureau. The
g g expense Of making this display and Of
, 0aftinD ont the Columbian bank
note can both be covered out of the
100000 which Captain Meredith saved
q the government last year by printing
- | .1,x,I,,o b1y tho cr1TfaOe DrOragg