New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-21

| Treasurer
| which recorded the transfer Of Uncle Sans
| resources It meant that the whole sum IN
| cash bills coin or available securities came INTO
| his immediate possession and control Inc
| money is all stored in the big vaults OF the
| Treasury Building in this city There are four
| teen heavily barred safes, in which bags OF soio
and silver and packages Of greenbacks are piled.
| Besides this there is a large quantity Of con-
vertible bonds and securities. In the words OF
one of the Treasury officials. the whole repre-
sents Uncle Sans pin money 1t is the amount
he keeps on hand against a rainy day
The law REQUIRES that count of all the money
in the vaults of the United States Treasury shall
take place when a new Treasurer comes into OF
fee Mr.. Treat, who nominally SUCCEEDED hlLlS
Fl Roberts in office on July l. not author1-
tatively the keeper of the cash in these vaults
until 1t had been shown officially to the satlstac-
ton of the Secretary of the Treasury that all
the money which Mr. Roberts reported to be on
hand on the day Of his resignation was
actually there On July ! a force of men and
women was put to work counting the store or
money piece by piece. First the supply or
greenbacks. 1888, 352, 800. was counted over
This was done by expert women counters me
same was done with the securities and oonds
Then men were put at work in the Underground
vaults weighing the sacks of gold and silver
coins It took sixty-seven and one-quarter days
to complete the operation. Not a cents varia-
ton in the amount reported on hand by ex-
Treasurer Roberts was discovered
The bond which Mr.. Treat is obliged to give
for the privilege Of looking after this vast sum
is S15nOOO. Because of the satisfactory count
ex-Treaslrer Roberts is now relieved Of response
bilitv for the money of which he had charge and
the bond Of Treasurer Treat has been accepted
by Secretary Shaw.
Eight years ago. when ex-Treasurer Roberts
gave to D N Morgan his predecessor, receipt
for the money taken over by him. the total
amount as shown by the receipt. the original OF
which has been framed and adorns the outer
wall of the Treasurer's office. was S796,923,-
439 II 2-3 That the wealth of the United States
has grown enormously since then is strtkngly
illustrated by the figures given in the new re-
CENT There is an increase of more than $1.Zou'-
GOO 600 This increase is due almost entirely to
the larger amount of securities and bonds Tor
national banks now held ~ trust and to the
larger reserve fund Of paper currency. Naeh
Mr. Roberts took charge. on July l. 1870 the
amount of bonds and securities held IN trust
was 1858 800. 451 50 2-13. This has climbed UP to
S5q9 474 900 60 % Two thousand more national
hanks are now in existence than at that time,
The currency fund has grown correspondtngly.
It is now $3.50. 80, 500. as against S3o3,952,UO
eight years ago.
BIG FINANCIAL TRANSACTIONS
Some Of the biggest financial transactions of
the world are summarized as follows;
Franco Prussan War indemnity-France paid
RI germany Eve milliards of francs (Sl,ND,thhn-
OoM as indemnity stipulated in the treaty OF
Frankfort on May IN. 1871 Three years We're
given In which to cancel the debt. Inc largest
single payment was made thirty Gays d!teT 'Hf
treaty was signed. when one milliard OF francs
$500 600 0OO) vas paid into the German eA-
cheuuer by the representative of the french gov
China's indemnity TO Japan-Chna- paid to
Japan as the price of her disastrous war III JoSz
S150 100000, oooo 900
Forty Million Panama check-A S40@oGn
check in favor of the Panama republic payable
To ! Pieruont Morgan & Co. hScaI agents was
signed by Secretary Shaw on May - l9J4 MS
ranks as the largest check ever drawn rev
DAYS nrior TO this Secretary Shaw made out q
check for 81 100000 to the came agents. and on
May 10 signed for S9U00W' Inc Nhole trans
action was for S50.OOo,Sn
twenty millions to Spain-Secretary Lyman }.
Gage. I'm 1899. signed four United States Treas
1Irv warrants of 100000 each as payment 70
Snain when the United States took the Phllip-
nine Islands The warrants were signed IN FAVOR
Of An1ba ssador Cambon Of France "a me repre-
sentative of Spain in the negotiations
Alaskan purChase-AnotheT large deal. IN "Hlcii
the United states figured, was the purchase OF
Alaska For this slice Of territory secretary M
Culoch paid TO the representative OF '"e f'"'
sian government SI.Z0OUn .
Uaiifax award-A Treasury warrant for So
700 0o1 was signed in 1876 by Secretary 6enJa-
min H Brstow for the purchase OF ceItdIil 1 IlS
ing rights from Great Britain. under the Han
fax award
This is by far the largest amount OF money
o,-er held bv the United States Treasury and
embassies in striking manner the wonderful
resources Of the institution said Treasurer
rreat. Even the aggregate amount in the