The Savannah morning news., 1902-10-06

I back to the Western banks before il
, can be paid out to the farmers The
| only material difference in this matter
| between 1902 and previous years is that
| formerly the banks of the interior were
4, obliged to borrow the money to handle
the crops; now, in many instances, they
! simply have to withdraw their East
| eln deposits for a time.
Practically all the transportation OF
currency, either in coin or bank notes
is In the hands of the express COM
panies. 1t is somewhat generally sup
posed that the government moves it's
own money from Washington to sub
treasures and between these branch
stores, but this is not so. All the gov
eminent money is moved by one ex-
press company, the head of which
holds a high place in public life.
Naturally the transportation of
money is one of the most important
departments in this companys busi-
ness; it is by no means overlooked by
the other companies, in fact, since they
all do big money moving business
with the banks and other monetary in
stitutions. And all, of course, pay
much attention to the proper safeguard
OF the money in transit
No Gold shipped.
NuiibOSiJ lHOuSn lHeEe Is
now more gold in the country than
ever before. there are practically no
shipments of gold for the purpose Of
handling the crops. The shipped cur
rency is all in silver dollars and bank
notes, the latter being largely in small
denominations. Often a shipment of
100000 will all be in one dollar notes
This is because the farmers wants his
money in convenient form to pay out
in wages. Nearly all the one dollar
notes go to Western points, such small
notes not being wanted in the south.
There silver dollars are in greater de-
mand. mainly because the negroes,
who make up the great bulk Of the
southern Industrial problem, like cart
wheel dollars better than bank notes.
Big shipments are moved west as well
as south, however, and of course,
tons and tons of these shipments are
in half dollars, quarter dollars, and
dimes, besides nickles and cents for
making change.
Returning to gold for a moment 1t
may be interesting to know that its
transportation from the east to the
west is exceedingly rare at any time
In 1893 during the prevalence of the
currency famine some gold was so
transported, and at intervals the yell
low metal In quantities is sent from
odH FRANCISCO TO the east, but all
ordinary currency shipments are con-
fined to notes and silver. 1t seems that
while the country as a whole has de-
cided in favorNof gold as it's monetary
standard the people do not like to use
1t as an actual circulation medium.
The packing of silver for shipment is
much simpler than the packing of
notes, since owing to its great bulk and
welght-eVery thousand dollars weigh
ing sixty pounds-it would be difficult
for thief to get away with any con-
siderable sum in silver 1t is therefore
placed for shipment in plain strong
bags, which are tied and the knot pro-
tected with a wax seal
With notes it is different, at least in
the case of one company. This COM
pany ships it's bank notes as well as
its silver in bags, but the bags are
seamless and of a special stout cotton
fabric, woven in the company's own
mills and fitted with a peculiarly i'm
genious strap and lock fastening that
is held to be far superior to any seal
ing wax arrangement ever devised.
The mouth Of the bag contains a num-
Der OF Sits trimmed with metal
through which the strap is passed.
drawn taut like a pickering string
and then fastened with an ingenious
LOCK-, almost as difficult to undo. ex-
cept under the right circumstances and
by the right person, as the most elab-
crate combination safe lock. Besides.
each lock shows a number which is
changed automatically every time the