New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-09-13

possible fraud. and many ths efforts made -
dishonest persons to take advantage Of H. Tna
fragments Of money which come here for refemp-
ton are turned to expert and sorted ous
under the microscope for Identification They aTs
picked apart and each piece assigned TO its place
like puzzle. This IL usually done glass ard
the pieces placed between glass. so that they
can be measured in order 20 ascertain how much Of:
the note IL there.
Unless there was the most perfect system hers
would be frequently taken in BY dishonest PER-
sons. A fellow In Kansas sent IN the halves Of
some small bills with IN. edges nicely charrei.
accompanied by sfidavit that he had put ths
money in his pocket. hung his coat fence and
that the coat had been burned. II happened that
the other halves OF these notes had been redeemed
for money broker IN New-York more tnan two
years previous. and the Kansas fellow arrested
and fined N.oo0. Chicago man sent in fragments
Of two $50 bills and 80 bin. with an afT.-
davit saying that the other halves had been de-
stroyed. With the same mail a chicago banker
sent the other halves II was proved that the fel-
low who made the affidavit was s8rIndIer and
he got two years in the pen There have been a
number OF cases OF this character We keep tab
on every bill which is redeemed sent for
demption. and that is the way We keep from
being buncoed
1t Is not only mutiIatsG money that comes here.
hut dirty and worn money Ot all kinds-after Il IL
so badly worn that it viii noe pass current This
last class of money Is placed in hands 0c
the government and should be redeemed at its
face value. or whether il is the OF counter
letters and should be rejected Il IS not to ths
discredit of the division and the experts to say
that some bogus money has got past them and been
detected in one Of the Osices witch Il had been
sent for further examination.
Decidedly the larger part OF money sent here for
redemption has been damaged by Ere the parlOr
stove being great OF loss. people sticking
rolls of bills IN these places for safekceping and
n fhevr Dafor f,ufff f~oe
Railway wrecks cause sometimes great loss ce
money by the burning OF mail and express ears.
but in such II Is not difficut 10 have every
dollar redeemed IL only small portions Of the notes
can be found. \ few bits. 50 hopelessly charred
"a to seem 70 the ordinary eye but a snail &C.
emulation Of ashes. MAY oe redaernabic for thou
sands Of dollars. Norsels larger than your
finger nails every day redeemed for the face
value OF the notes they represent. IN that IS re-
qulred is sufficient evidence 20 show that the orig
inals have been destroyed?
Uncle Sam has made a great deal OF money by
his paper cash that has been accidentally de-
stroyed Every cent that is not handed IN az
the Treasury for redemption is much IN his
pocket Take. FOR example. the first issue al:
fractional currency which was put IN 1855 OF
the five cent notes more than IS per cent has never
been asked payment for The same is true AT Sd
per cent Of the 10 cent notes. 20 per OF rs cent
notes. and II per cent OF the so cent notes K ~
shown by the figured Treasury totals that Of thu
S-"fotV'VV0 N"i1H u tue-e hVteS urSt ISSUED moro
than 100000 still remains IN the clothes OF the
government Four subsequent issues OF these
small notes ran the total up to SfGOC0000. AMI
more than S1.OeoWO additional has not been called
for leaving Uncle S15OO0O00 ahead Of the game
ON fractional currency. These small notes wers
easily destroyed and lost especially during
times and millions now IN the hands OF curio
collectors and individuals who keep them. IN 1870
a Treasury commission appointed BY Congress
made up its mind that ss.Oe9Oe0 had been lost or
destroyed. and Congress accordingly turned that
amount out Of the N0,0OO0O0 appropriated for re-
demptiOn Of the fractional notes. over for the nav
ment OF pensions Since that time experts have
concluded that not more than 81 100000 has been
lost and destroyed and that sliOcOOOO yet remains
outsta nding'