The Marion daily mirror. (Marion, Ohio) 1892-1912, 1911-11-07

When IL comes to making money
there's modest brick building un-
der the shadow of the Washington
monument that lays It over any old
trust. II is officially known as the
bureau of engraving and printing. II
is Uncle Sans factory for turning out
national currency. national bank notes,
postage stamps. internal revenue
stamps, bonds and other things OF
value.
Director j. T.. Ralph tells about
them.in his annual report 10 the sec
retary OF the treasury. He trlls about
the production of 67,113,5 500 sheets of
United states currency and 11,526,52G
Of national bank notes. Postage stamps
ran up to 97521,7OS sheets contain
ing a total Of nearly 10.045.207 stamps
OF the higher priced postage stamps
there were 42.992 at 81 each G977SI
at 90 cents ana 1908 .0S9 at 10 cents.
The more common two-centers, with
George Washington's likeness there
on, mounted mp to an output of 81
1870, O,249.01S.
There were printed s4,011,264
sheets ofa revenue stamps. $4,000
sheets of United states and Panama
bonds and so on I'm other hundreds OF
thousands and millions. a large de-
aand Is reported for postage stamps
prepared in coils for use i'm stamp
vending and stamp affixing machines.
In connection with an investigate
by the postoffice department 1t be-
came important for the postmaster
general 10 know how many postage
stamps Ralph had on hand. count
was made that disclosed, 1,311,319,6Oi
stamps in the bureau vaults, and the
number corresponded to the last one
cent stamp with the record in the
books.
The count OF postage stamps sug-
gested a verihcaton of all balances
I'm the bureau II was done and show
cd . 2.05G,O47 sheets of blank paper and
l31.166,60O sheets of printed work in
various stages of manufacture, these
results agreeing with the official rec
ords. The face value of these sheets
was S47O,S2S,732.
The large number Of notes returned
to the department for redemption ana
which are canceled, thus necessitating
| the printing of notes 10 replace them
| i'm circulation, suggested the idea some
time ago that many Of these notes
could be washed am returned 10 cir
culation. Investigation developed the
fact that at least so per cent. OF these
notes were not at all worn, but were
simply soiled. and only needed clean
ing to make them suitable for use. EN-
periments have been carried on IN a
crude way and have demonstrated the
practicabillty of washing the notes
land there are now in process of con-
struction two machines of different
prime, ales which IT is believed will be
| very satisfactory for this work.
Recent agitation over the new re-
strlctions placed upon milshipmen al
the naval academy In the matter OF
| guests at academy dances has brought
forth from officials of the navy de-
partment a remarkable statement.
| II was disclosed that heretofore the
doors of the naval academy have been
| opened wide on the evening of dances
and all presenting themselves at the
doors dressed as for dance nave
been admitted without question. Sew
eral embarrassing situations have de-
yeloped from time TO time, II Is said,
involving midshipmen in serious trou-
IEle. Henceforth II is stated, the acad-
emy officials will require that no per-
son be admitted without presenting
a card of invitation, and the names
OF all persons 10 whom such cards are
issued are to be Visited. The statement
| follows:
"The invitations TO balls and hops
at the naval academy have been eth
or a source OF misunderstanding or a
cause for attempting to stir up class