The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-06
TULSA DAILY WORLD. SUNDAY. NovEMBER g. 1g21

and prcscribes rules and regulations
Tor their operation. subject TO the ap.
proval OF the secretary. The coinage
OF all kinds OF metallic money In.
therefore under his direction He
makes an estimate OF the values of
all foreign coins which lis proclaimed
quarterly by the secretary These
values are used by collectors ~ GUS
toms In assessing dutica on impOrta-
tions.
Put Under Budget Head.
An officer OF the treasury depart
ment, until tho present ycur, was
the COM Jroller OF the treasury. Six
auditors audited the accounts OF the
government which were settled by
the treasury. and which it was thc
duty OF the comptroller OF the treas.
ury. uron appeal. TO revise. The
decisions OF this office of the gov
crnmcEt we're not renewable 10y the
secretary OF tho treasury, and could
"Only be changed by the appoint
mont Of another. comptroller The
act approved June 10. 1921. known
as. the budget and accounting
act. created am independent ,s,Jb-
lishment Of the government TO bo
known AS the general accounting
office and there was appointed a.
comptroller general ~ ij@ head.
The accounting office and the office
Of the comptroller general super
scdo the office OF the comptroller
OF the treasury. assuming the duties
formerly pertaining 10 that office
and To those OF the six auditors
The public health service, which is
part of the treasury department
has charge Of ali matters pertaining
to the public health.
The coast guard, In time Of peace a
bureau OF the treasury. but In time
OF war under the secretary OF the
navy Is charged with tho duty VI
protecting the customs revenue. rem
dcring assistance TO vessels OF all
kinds In distress and the saving OF
life and property on the sea and
other waters
In Charge Of General supplies.
The office OF the supervision archi-
tect OF the treasury department su-
perintends all tho work OF construu-
ing. repairing and caring for public
buildings
The general supply committee was
created by the act OF June ~. 1910,
and placed under the treasury de-
partment. IL ls the duty Of that
committee to supervise the prcpara-
tion of all contracts for supplies for
use OF the executive departments
Washington and In certain cases In
and other federal establishments In
other localities. to secure uniformity
In the supplies thus purchased and
TO standardiZe the same, so that all
OF the government departments may
Use the Identical character Of sup
plies and have the advantage Of uni
form cost. The order OF the prcsi-
dent dated August q. 1919, desig-
90 Vo mi ffata
as the central sency to maintain
records OF all surplus supplies and
and equipment available throughout
the United states on account Of the
cessation Of war activities
Until the fiscal year beginning
July !. !92i, tho bureau OF war iie,N
insurance was under the Jurisdic-
tlon OF the secretary OF the treasury.
Congress, however passed an act
which was approved August 3, 1921,
creating the veterans bureau. This
independent bureau takes the place
OF the war risk insurance bureau
and has committed 10 Il the tran
saction of all business In connection
with pensions claims, etc. Of the
soldiers and sailors OF the United
states who fought in the recent
world war. .lIaal
lauszi Billions of Dollars.
The secretary OF the treasury
makes regulations for issuing loans
TO raise money for the maintenance
OF the government. During the late
war. billions Of dollars were bor-
rowed by the government from the
people of the country who bought
the bonds. which bear "a profitable
interest for the investor. These
bonds will Of course in due time
be redeemed at their face value.
The bureau OF engraving and
printing! bureau OF the treasury
department-designs, engraves and
prints all paper moneys and securi-
ties OF the United States. IT also
prints postage stamps and distrlb-
utes officers checks and does other
work for the government requiring
engraving and printing,
The register of the treasury ia an
officer who sign all bonds Issued by
the government. His name also ap-
pears on all United States paper
currency His office is largely with
tho various government loans.
ProVidd Farm Loans.
The federal farm loan bureau, I'm
the treasury department, IL under
the general supervision OF the fod-
eral farm loan board. OF which tho
secretary OF the treasury Ii ex Of
ficio chairman. 1t supervises the op-
Grafton Of nation farm loan associa-