Evening star., 1927-08-28
Reduced Paper Money Aids Efficiency in Printing

with new money all Of that currency
that has been redeemed as unfit for
recirculation. and to build up the re-
serves of these issuing agencies to
meet the ever increasing demands.
The expanded business of the Post
| Office Department and the Interna
Revenue Bureau has also been re
| fiected in the increased production ol
postage and internal revenue stamps
The daily output of postage stamps
! laid end to end, would make a strir
| 915 miles long. and years output
| would reach II times around the
| earth.
The stamps produced in a year. II
| worked into one piece, would make =
| patchwork of more than 20 colors
| large enough to cover twenty-sever
| 100-acre farms.
| were distributed equally each man
woman and child in the United States
would receive 160 stamps.
The cost of producing postage
stamps is approximately one cent for
| 125 stamps.
The number of revenue stamps
| printed yearly is approximately $780,
900, 900, or an average of 22,000,00O
stamps day.
For use in printing the yearly out.
put about 2,700 tons of ink are manu-
featured in the bureaus ink mill from
raw material (dry colors, oils etc.). II
this ink were loaded in box cars Of
average capacity. it would fill 80 cars
and make two trains each 1880 feet
long.
THE rapidity with which this bureau
must work. at times, to meet the
demands upon it may be judged from
the short space of time it took re-
Gently to originate. design, engrave
and print for the Post Office Depart
ment the Lindbergh Ali Mail stamp
that was issued to commemorate the
first nonstop air flight across the At
lantic from New York to Paris. The
model was designed on June 9, 1927,
and approved on June 3, 1927; the dies
and plates were completed between
June and June 9, 1927. These plates
went to press on the afternoon of
Thursday, June 9. Sixty million OF
these stamps We're completed before
the first lot went on sale June 1S,
1927.
The Bureau Of Engraving and
Printing is a bureau in the Treasury
Department and it's organization
comes directly under the Fiscal AS
sistant Secretary Of the Treasury,
Charles s. Dewey.
About two years ago Mr.. Dewey in
augurated a plan whereby an execu-
tive committee was appointed to keep
in touch with the progress Of the
operations of this giant plant; to act
on all matters of policy; and to give
consideration to any new plans or prop
ositions suggested for the efficient and
economical conduct of the business of
the bureau. This committee is COM
posed of the fiscal assistant secre.
tary, who acts as chairman: the di-
rector of the bureau the two assistant
directors; the mechanical expert and
designer; the chief of the planning
unit; and the secretary to the fiscal
assistant secretary, who also acts as
secretary for the committee. The
meetings of this committee are held
every Friday in the Office of the
director.
Every Monday morning the super
intendents Of the divisions OF the
bureau meet with the assistant di-
rectors and review all administration
and production problems. These
meetings have brought about an ex-
cellent spirit of cooperation between
the administration and the supervis-
ory staff, and the superintendent and
the employees of the plant, and may be
said to have been responsible to a
great extent for the success attained
The Bureau Of Engraving and
Printing is one of the great show
places for large numbers of visitors
who come sightseeing to our Capital
City. The operations in the making
Of money and postage stamps are
s.xA =
tors some general idea relative to the
magnitude of this big business.
The bureau maintains it's own guide
force to show the visitors through
the plant. and during the fiscal year
just closed. June 80, 1927, no less
than 274.7S1 visitors were extended
this privilege.