The Durham daily globe., 1894-09-22
UNCLE SANS WEALTH.
Row His Affairs Are Carried on in II Itusi-
ness-Like Way.


ures obtained from the department show
this statement to be false North Caro-
lima has 113 per cent the population of
Kansas but only GA per cent as many ap-
| pointees. Neither North CarOlin" or
Georgia has her full quota in the interior
department according to population
Judge Hoke has been here. He says
the prospects in North Carolina are
bright for the democrats.
MIR. J. S. Tomlinson, one of the most
useful and efficient officers here from
North Carolina, has returned to his desk
| in the treasury department from Phlla-
delphia, where he has been for several
weeks as a representative of the depart
ment in connection with the transfer OF
the sub.treasury funds from the old to
| the new assistant treasurer L. 5. In
answer to questions relative to this spe'
cial work Mr.. Tomlinson says "Sub.
treasures are branch offices of the finan
cial part of the treasury department or
outlying depots for the storage of treas
| ury funds as a matter of convenience for
the government and as an accommoda-
tion for banks, clearing houses, and In
dividuals holding checks on the assistant
treasurer Through these channels the
surplus of national banks, the customs
and other government receipts are de
posted to the credit of the department
and banks and like institutions are sup
piled without the expense and risk Incl
dent to transportation from Washington.
There are nine sub treasures in the
United States and they tend to relieve a
congestion of funds in Washington as
we'll as to accommodate the business pub
lie by distribution of the funds in diff
ferent parts of the country.
Uncle Sans money in round numbers
deposited in sub treasures is as follows
Baltimore, $11 100000; Boston, IA ,O0O,O 900;
New Orleans, $19,OOO,OOO; New, York
$144 900 900; philadelphia, $21 900 600;
St. Louis, $36, 100000; Cincinnati, 6,OOO,-
900; Chicago, $2O,OOO,OOO; San Francisco,
$36 100000
The affairs of sub-treasuries are man.
aged by assistant treasurers appointed by
the secretary of the treasury and they
are placed under heavy bonds for the
safe keeping of the funds. Whenever
an assistant treasurer is changed a COM
mittee is sent from the department to
take an inventory of funds and conduct
| the formal transfer to the new man.
Mr.. w. D. Bigler, prominent demo-
crat and business man of Clearfield, Pa,
having been appointed assistant treasurer
at Philadelphia and time having been
named for the transfer, the treasury COM
mittee went there August IS, and at the
close of that days business counted the
cash remaining on hand in the desk of
each teller and sealed up all the vaults
and practically took charge of the funds
of the sub-treasury.
The outgoing assistant treasurer sub
mitted his report showing how much was
in each vault. After being satisfied that
these statements harmonized with the
| records in the department the actual ex.
| animation began, and as soon as one
vault was finished it was turned over to
the new man and so on until the work
was completed.
The balance sheets showed that the
vaults contained total of $21 100000 in
| round numbers, which amount was finally
receipted for by the new assistant treas
| urer.
The paper money was counted by bills
This consisted principally of treasury
notes, and gold and silver certificates
Each class and each denomination having
been carefully separated, and ranged n
| packages, there was no confusion in ver-
| lifying the amount of the bills in each
package, this amount having been noted
| on the Jackets and checked with the mi
tials of the person who made or last
counted the package and then similarly
checked by the present committeeman If
| found correct.
| The gold, silver and copper were stored
| in the vaults in strong canvass bags, the
| bulk of which was verified by weight
| About half OF the funds on hand were
silver dollars, 81 900 in every bag. each
bag weighing so pounds. One bag was
taken from the vault and counted, and
having been found correct was used as a
"test bag in weighing the others. This
bag was placed on one side of a pair of
balance scales and then all the others one
at a time were placed on the other side and
if the scale tipped evenly it vas passed
as correct. If it weighed heavy or light
the bag was opened and the money
counted, dollar by dollar.
The half dollars, quarters, dimes ,nickles
and pennies were disposed of in the same
manner. except in the case of all "uncur-
rent coin" which was counted. "Uncur-
rent coin" is the designation by which
all denominations of gold and silver are