Devils Lake weekly world. (Devils Lake, N.D.) 1911-1914, 1914-01-30

for posting. Counter entries innum-
cradle hav been the result, some OF
them for large amounts.
"Due to the uncertainty of the cor
rectness of the balances as shown by
the books, the Office has been unable
to state authoritively, in response t.
inquiries, the balance to Offices credit
would warrant payment of his check
for-dollars, with no certainty that
this balance might not be wiped out
the next day through the clearance
Of checks which had been in the
treasury for a week or longer.
"These accounts, which are SINH
Tar to the accounts of depositors in
a bank, should be handled with the
same efdcieny and promptness and
should be al effectively controlled
and proved Il those Of any financial
institution. Until this is done there
can be no assurance of their correct
ness at any time.
Increase In Depositories Handicap.
Regarding National bank accounts.
the report shows that prior to June l,
1913, the treasurer had accounts in
about so active depositary banks, but
since that date the number has great
ly increased, until, there are now
about 1000 active accounts on the
t~reasurer's books, to say nothing of
half as many more "inactive ae.
counts''.
All these "active" accounts arr
receiving money for the government y
accounts, paying checks issued by the
officers Of the government and trans.
ferring moneys in excess Of their
authorized holdings either to :he
treasury Offices or to other National
banks.
Because of the magnitude and null
litafe of the transactions Of these
agents of the government and be-
cause the fidelity Of the custodian
ship should be speedily determined,
there is necessity for prompt veriiica.
ton of every charge against its ac-
count.
"This, We regret to say" the re.
i'cit asserts, "the treasury does not
do, and under present conditioas, it
cannot do. At the date of this writ.
.ng (Sept. p the bank accounts havt.
been fully verified only to June L:
Shows Menace Of Thefts.
Here the report makes this sensa-
tional statement:
"Aside from the lack of accurate
knowledge regarding the condition
and correctness of these accounts op.
portunity exists for gross IRREGULAR
ties, the perpetration of which would
seriously reflect upon the administre.
ton of the Office.
cit would be possible under the
conditions in which the accounts now
are for an officer or employee of an
active depositary bank to report tt
the treasury that said bank had trans
ferred to some other bank $50, 1000 Of
more as excess deposits to charge
this amount to the treasurer's genera;
account, to put the money in hi
pocket and to deport for parts un
known without this action being dis
covered by the treasurer's office will
in two months-long enough for tn
absconder to reach the uttermost
parts of the earth.
"Another illustration may serve t.
emphasize our statement. If an &C
tive depositary bank should notify it
correspondents in New York to de
post with the assistant treasurer i
New York $780, 900 for it's Credit, as
transfer Of excess deposits. and at tn
same time advise the treasury of sue
notification, and the correspondent
should fail to make such deposit, i
would not be discovered by the az
counting division for over two month
In the meantime, if the correspondent
blink should fail, the treasurer Nigh
nave serious difficulty in holding til
FINAL bank for the money. TIL
latter nndoubtedly would plead tn:
the treasurer had been guilty of col
trihutorv negligence, and therefor
could not recover
MOTHER! rs CHILD's
STOMACH SOUR, SICT
If Cross, Feverish, Constipated, Gi,
"California Syrup Of
Figs
Don't scold your f%retful, peevi
child. See if tongue is coated; tt
is a sure sign it's little stomach, liv
and bowels are clogged with SO
waste.
Wbo- 1;,41or, rolo Fo,o,;,L E,11