The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-07-26
BAD MONEY DESTROYED.
A Large Collection Made Into Pulp
Under Close Supervision.

Under Close Supervision.
From the Washington Post, July 10.
A fortune in counterfeit cash, which
has been gathered in by the servants of
the secret SERVICE was destroyed yester-
day at the Treasury department. 1t con
sisted Of lump sum of about $50, 900 in
bills Of all denominations from Jen-cent
Shinpasters for which there is conSid-
cradle demand at present in certain sec
tions of the land, up TO 500 and 500 bills.
This was supplemented by large num-
Der of silk and satin inside hat bands
stripped from the most fashionable cha
peaus of the season and condemned be-
cause of representations of certain coins
which they bore.
The work was accomplished under the
supervision Of three trusty employees of
the treasury, of whom Lee w. Funk is
chairman, and DR.. George b. Young and
5. j. Willard the two remaining members.
For several days this committee has been
engaged in taking an inventory of coun-
| terfeit materials of every description that
have been collected during the last eigh-
teen months. They are required to GER
tify that every shred of these is safely
and surely destroyed
The money was taken from under the
| locks and keys of the secret service OIL
| cials, where il has been carefully treas
ured, and treated exactly as if it had
been worn out or mutilated currency 1t
| was wrapped in large packages and first
! placed under a paper cutter in the base
ment. where the old bills are punch ed
after retirement from circulation. The
| big dfAwerful of over a bushel was car
ried down the stairs by laborer who
was watched by the committee so that no
| one could extract any of the bills. The
pieces were gathered again into box and
| placed in the macerator, where, by this
| time, it has been churned into pulp which
will be sold to paper makers or perhaps
10 the manufacturers of mllllon-dollar
| Washington monuments.
There were several interesting speci-
mems of false currency in the big collec-
! ton. One of these was the remnants of
a valuable collection of counterfeit notes
| which was conhscated some time ago by
| secret service detectives from gOld-bug
| bank in the effete east. This financial
| institution did not have the notes in its
! possession with any evil intention, but as
specimens, that it's officials might more
easily detect questionable paper that
might be presented over its counter The
| collection was preserved in a large book
to the pages of which the notes were
! pasted. These were Of all denominations
| and issues, and could have been gathered
| only by several years OF WaUCnIuIheSs
! Tie covers Of the book were stripped of
| bv the committee, and its contents ruth
! lessly placed under the blade
| There was also very beautiful collec-
| ton of United States bonds of several de-
nominations and issues. They were
! printed from the government plates by
| gIecial permission some time ago, and
| were as perfect specimens Of the en-
! graver's art as the bureau Of money max
| ING on Fourteenth street could easily pro-
/ duce The cOfOrs were as exquisite In va
! rietv and tone as new government bills,
| and they RANGED In the dollar mark on
/ their margins from $50 up 20 $4,000. II
was said that these were made as sam
! pies for q Boston publisher, who desired
/ some years ago 10 print BOOK for the
/ instruction and guidance Of Daukcrs. ana
| these bonds, which were fac-simlles OF
/ the genuine were intend ed, and some
were actually used as plates for MS book
/ A recent law. sIringently fOrbldding al
/ Kinds Of representa- lions Of government
currency and other valuable govern
mental paper brought these within the
nala. apd those winch could be- obtained
/ ,gfrs e0udscatad There are several
I comics. m is understood in the possession
/ III private bankers who viii probably not
/ be- m0lostc1.
"A uotlceab.e thing about this counter
/ fait fortune hs lt Was laid Opt on lle cut
f 80 board of the machine Wht Mss few ~
/ tns bills appeared crisp aud nfH furh ha
/ ~ s0rerni1enf CLERKS base come ~ pa ~
| familiar wiib ahcp pay Gay fynfs AfYsn4.