Evening star., 1924-12-30
MADDEN PLANNING
BUREAU SAVINGS
House Leader Hopes to Give
Treasury Concrete Pro-
posaIs After Inquiry.

As result of personal investiga-
tions at the Bureau of Engraving
and Printing and a wo-day hearing
caused by statements made by bureau
officials that they could save more
than 100000 a year, Representative
Martin B. Madden of Illinois. chair
man of the House appropriations
committee, told his colleagues yester
day that he expected to make further
Investigations and Recommendations
to the Secretary of the Treasury
which will help save some money
instead of just talking about it,"
In discussing affairs at the Bureau
of Engraving and Printing and ap-
propriations recommended for the
next fiscal year, Representative Mad
den emphasized that the Treasury
Department is now operating with
out any reserve stock of currency
and that he is supporting program
which will build up a reserve stock
of seasoned paper money.
Tells of investigation.
In discussing Bureau of Engraving
and Printing affairs in the House
yesterday, Mr.. Madden said:
II made an examination of the
physical conditions in this bureau.
/ found they had organized a board
of management with three assistant
directors at 5000 a year each. with
an application for salary of $4,000
for the director. We had always con-
Quoted that branch of the service
with one director and one assistant
We later took hearings on their
estimates. 1t took US part of two
days to hear the witnesses on the
matter. OF course, If we took two
days on everything of that size in
the Government we would never get
through.
In this bureau they Were making
claims about savings of over a mil
lion dollars that could be made. I
was very anxious to have that saved
They testified about it, and in many
cases when certain questions were
asked, of course, the witness was not
bile to give a complete reply then tn
the question, and therefore in every
such case / told them that we did
not expect them to be able to carry all
the details in their heads, and when
we sent their evidence back to them
for revision we would ask them to
supply the missing links.
Finds Statements Hedsed.
"On the direct testimony they
would make very fine showing of
economy that could be effected. but
when they supplied the missing links
80 TO speak, they retracted many of
the things they said on the direct
testimony and hedged their state
ments to such an extent that we
could not help but reach the con-
clusion that they could not do the
things they said they could do when
they testified directly. We expect to
make further investigation and rec
ommendation to the Secretary of
the Treasury on that activity and
perhaps help save some money in
stead of just talking about it.
''Since this bureau has been men
toned, ] will tell what we have
done.
The amount recommended is s7o71 =
$50. This sum is s1,325.S55 more than
the current appropriations and sIO6.s0O
less than the estimates. The estimates
called for 192,742i300 sheets of delivered
currency, of which $4,000, 900 sheets
were for national bank currency and
1912, 300 sheets for United States cur
Tency. The committee recommends a
total of 100, 0,242,300 sheets. composed of
100000 for national bank currency
and 176, ,242.300 for United States cur
rency, reduction of 100000 in the
amount of United States currency. This
reduction is due to the elimination of
practically that number of sheets on ac-
count of the gold reserve and which in
the opinion of the Treasury Department