The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1909-03-25
COUNTING CASH IN
NATIONAL TREASURY
Experts Can Wade Through q
Large Amount in a Very
Short Time.

snort Time.
There is. broadly speaking, but one
place in the United States where new
money Is always to be found In circu-
lation, says the Inter Ocean. Very
nearly every where else is to be fcunds
ragged, dirty, not to say filthy, paper
money. germ laden and disease breed-s
ing. The question has often been put.
why is this?"
Congress makes ap~propria.5"na
10000 annuaily for the government es-,
penses. This enormous amount, which,
is backed by gold and silver III tha
treasury vaults. Is printed every year
In Washington and is issued through
the treasury department 1t must be
recollected that. while banks all oVcr
the country issue old notes, the treas-
ury never Issues anything but new
money.
ton is always new.
There are more than 10000 goVcln-
ment employees at the national capital.
and they are paid In bright. new notes
twice every month. They distribute thein
money for the necessities Of life, and
hence a great deal of 1T is found in cir
culation.
Another question with reference TO
the money supply Is often ~propounGed.
How long does ii take for the women
experts in the treasury department To
count 1000. 900 new 81 notes, and how
long does it take To count 1000. 900 old
notes of that denomination? According
to the treasury officials the answer Is
as follows:
In handling new notes an expert,
could count in Il day of light hours
about $4,000. OF course, this refers 10
notes of the denomination of 81. In
counting gold certificates of the denonl-,
nation OF $40. 900 each 1T would require
but a short time TO count ST, 900, 00G.
AT This rate 20 days would be occn-
pied i'm counting $1,000,00 represented
by notes of the denomination of ST..
However. it is hardly possible h IA any
one could keep up to these figures for
such q period, and 1t would be safe to-
add five days and To say that 81, 900, 900
(paperl could be counted in IS days.
OF silver dollars. 1000 may be connt-l
ed in a day of eight hours, which rate
If adhered to, would finish the $1,000, 000.
in rs days, but 1t would be well to add
five days here for the same reason and
make it SO days for counting 1,000,Oo0l
silver dollars.
In counting old notes the con%astionsf
! are much changed. There ore five dit-
ferent kinds OF paper ee',l
tilcates, silver certificates uns,et;
notes of 1890, and national bank notes.
Remittances of muti1ated currency may
contain all these different kinds OF curt
rency. They may not be assorted!
properly DS ACCOMMODATIONS, iiiu Alsyk
be badly mLtilated. Where cases on
this kind occur. the count is tedious.
and slow; but, that the curl
rency sent is in accordance with the
regulations, an expert could, on al
average, count $15. 600 in 81 notes 81
day. This would require about 10 dayj
to count a million 81 bills in old notes
of various kinds Of paper currency.
A Journalist Defined. :
pann1o whn ,.HaS7 tbA U,o marc 7,,,r
are not familiar with newspaper work
commonly refer TO newspaper men as
journalists. Many enterprising young.
gentlemen. as IL rule Just out OF coJ-i
lege. style themselves Journalists. JUST;
how 1t is in other cities I do not know.
but l do know that in New York thu.
Journalist" is considered a joke along
the Rtalto, says q writer in the Editor
and Publisher. y
People who are connected with the
editorial department of newspapers are
in journalism, but ] never yet heard ~
live one call himself n journalist any
more than l have ever heard a skinful
doctor called a physician. 1t seems 10
be a distinction without a difference,
yet there is a difference.
Henry Watterson-"Marse Henry''-
once said that he was trying to be a
newspaper man and that some time IN
the future he might become a Jour
nalist. but he hoped not. s
The following are some original def4
nitions regarding the difference be-
tween a newspaper man and a journal
ist:
Charles D. McCaull,. of Brady & Girls
com: "A Journalist writes for the
waste basket. A newspaper man writes
copy with a pencil
Joseph Dillon. with James K. Hack
cit: "A Journalist wears a cane when
ne goes out on an assignment"
Peter G. Hackney. Bowlers' Journal:
"a Journalist wears one shirt two
weeks. A newspaper man wears two
shirts one week"
William L. sutphin, Real Estate.
When l am Interviewed by some one,
who does not grasp the reality situa-
ton after 1 have told him several times
I think he must be a Journalist"
Fred w. Shipman, New York Worl5:
"A Journalist writes pieces for the
papers. A spa man writes news
stories."
Samuel F. Kingston, with Florenz
Ziegfeld, jr.: "a Journalist eats his
lunch at a %'beanery.' A newspaper nan
lunches at a c%hophouse or a restau-
rant"
The Crimson Throne.
rn,oa 7 cot m q grim, <h.1-.