The Washington herald., 1908-07-19

- -ta l4AAA nave asso-ao Dll altl4 ! u
this year and If every member Of your
family didn't have the same $S5-Ss on his
or her person. in bank. stored in the clock.
or tucked away in a stocking-weIl. don't
kick on the United States government
For the United States Treasury Depart
ment says you ought to have it: that the
! Treasury issued it for your use as cir
cUiating medium. and if you've spent It,
lost il. or destroyed ie and are not in q
4 position 10 pay it baek-why. it's your
funeral II the baby swallowed nickel
in your family. it was her nickel. any
how. though you earned IL for her. II
somebody stuck you with counterfeit.
II was your stupidity. though the govern
ment is wiling 10 prosecute the man who
did it.
But II you had more than your S5525
each on April 1. what have you done. or
what are you going to do. about restoring
the equilibrium? To blow il" IS the
solution Of the matter-something that the
I United States government doesn't attempt
70 regulate or impose beyond assuring
you the right to life. liberty. and the
pursuit Of happiness"
Estimate Our Total
] Al A4it AiaANEl u TINS 2ol-s9 apiece lfI
each resident OF the United States. the
/ Treasury Department figures it in this
/ way: On april l. 1905. the Official na-
/ tional estimate was S7.1f0.0o0 human souls
! resident within the bodies Of as many
human beings within the State and Ter
ritOrial limits Of the United States.
I On that date the total national currency
outstanding was S3.OSo, 40. .7S4-and. natu-
/ rally. few odd cents here and there.
/ But aside from the odd cents. It looks
( as II the people Of the grand old Union
were not getting exactly a square deal
IN the Treasury figures For. as mat
] ter Of fact. every one Of these human
souls in this pro rata estimate has .O5sI
Z OF l cent still coming 10 him,
/ One may say at first glance. -Aw.
TO blazes with the fractional cent"
Which emphasizes the Illogical. unthiuk-
I ing attitude Of the masses Of mankind
Let Us look at this a minute
A Congressional act Of June p. 1872,
estimated that 1855 ss4 Of United States
I fractional currency had been lost or
destroyed" and, therefore. scarcely 10 b.
regarded longer as national debt.
Nearly SS.5c0Ooo lost or destroyed"
repeats this mocker at the odd ten thou
( sandths Of 1 cent which have troubled
. to snow Up in all fairness as coming 10
American citizenry. writes William Stare
in the New York Telegraph.
Those Pennies Count.
Il Yet this per capita OF .O5sl Of cent
amounts 10 a total Of S5.17S.fo0 for the
population Of the country. It is only
sII7.S Sis less than the total balance due
NaE.-
/ Of the Pacific railroads It is a sum large
enough at S per cent to pay the salary
Of the President of the United States six
times over It would pay for a first-class
hattie ship Of the line. Il would make
/ every muddy creek in a Congressional
district navigable for all time. past any
Z future appropriation for the purpose Yet
the Treasury Department. which is paid
/ 10 do the figuring for all the people. has
| left this undivided S5.I73. 400 unapportioned.
Il should not be forgotten either. that
{ in this pro rata OF 81. .S509l the basis of
the computation IS only the money in
1 circulation. The general stock Of money
F. IN the United States is S3i7, ,939 ss5 greater
than this sum in circulation. which is
held in the Treasury and subtreasuries OF
[ the United States
{ How the United States has grown in
wealth is shown markedly in this circu-
tlatIOn statement Of April L On that date
We had In use $. 1S0. 450. .734: on January l.
IS72, We rad only a measly ss1s s66, 81 to
our namest Yet here we are bowling for
more circulation. and well still be howl
I ing for more when the per capita IS
{ S35e 35OsK
I Just what kinds Of money We are en-
TITLED 10 have and TO blow at present may
I be gained from the following tabulation: