Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1910-08-17
RED TAPE IS
ELIMINATED
TKIAsURY prpAHTMINT SOW
NEARLY pIi,l'ICI.
M'YfAGH STOPS LEAKS
4 Hundred Thousand Here nnd IN
other There Make a liig
luinl

Washington Aug TO- Eirr since
Fmukbn Mcvcugh assumed tho onicn
~ secretary or the treasurer the ns-
tenn under which Uncle Slma hauhr
ing ana currency is conducted has
been steadily improved and today
10 considered by bankers aud uuslu-
esf mon who have duiuEH with the
tfeWuU department 90 nr u nearly
perfect hH lt has ever been loo ihv
history ot the country Every branch
~ the department hHH hruu organized
~ that lt constitute spoke Boo ih,
pdvrInmeuth financial wheel uuW rum
ning ro smoothly that those coming
in contact with 10 aud its organizer
aud HaA that lt could not travel with
grcntrr perfection
SECRETARY MrNwgh like other unl
cials who tilu uut tu nrrunllr. found
opponent. tu hiH pIuuH at different
times hni hr has steadily worked
90 ystcmntlr hIH department. and
has lhuN iur hoon successful much Go
the delight ol the bankers and hur-
iuoW men who hhN, long wished iur
the elimination uf "rrd tape The
secretary uuu voWH rullld,d Win
those of Speaker Cannon ana Souutur
Aldrlch hht summer llc ALSO had
sharp difference with Senator Al
drich in the matter Of amending the
law affecting the rate ui interest uu
government bonds
Senator AIduch iH known tp ho
stubborn whom any notion ho hats
formulated, relating tu tho currency
legislation lH crossed The senator
feels a certain pride ln being cuuaid.
cred the currency export iu the upper
hougc of congress II was this pride
that was hurt when Secretary Mac.
Noagh dotcrmincdly opposed his idea
and suggested hls own plan. As the
result of The action OF the sccrrurN
showing that he. too. has convictions
OF his own there has been a deadlock
on the question ever since.
Charles u Norton, then assistant
secretary of the treasury and now
secretary to President Tart was Mr.
MacNraghH right hand man In the
Systematic effort that has made the
Improvement In the workings ut the
department Economics have been
sought, the first step taken tu secure
the advice of Chicago nrm that
makes speciality ot suggesting cc-
onomles to large executive offices
Although this company asked %
big Zee Tor its services the estimate
made by II did not lrghtcn Mr. Mac
Neagh nor his assistant II is said
that the concern was paid something
like $4,000 Tor its advice aud sug-
gestions for a period covering scV-
eral months Just whether the pay
ment of such a sum of money was AN
investment or not may be- determined
by gmncing at the following changes
that have been made. chiefly on the
recommendations OF the economic
ers"
The numbering. operating, and seal
ing of United States notes ana gold
and silver certificates IN one opera
ton instead of several thereby say
ing 100000 annually
Improved methods In handling hus-
lness in the office of the auditor for
the postot.ce department, causing "a
saving of SlO,OO0.
Change In the size of internal rev
enue stamps and improved method
Of shipping, saving $4,000,
DisContiuuanCc of hand weighing
of gold and silver and the adoption
of automatic feeders on coin presses
and other randjustmcnts at the mints
saving $l33oOO
Changes in connection with the
transportation OF fractional coins, say
ing $l25,o0O.
Installation of improved machin-
cry and Introduction of new methods
IN the bureau OF printing and en-
craving, thus saving 100000
Elimination of unnecessary posi-