Evening Republican, Volume 16, Number 157, Rensselaer, Jasper County, 1 July 1912 — DESTROYING NEARLY $5,000,000 A DAY [ARTICLE+ILLUSTRATION]

DESTROYING NEARLY $5,000,000 A DAY

THIS is a photograph of the committee of the treasury department whose duty is to see that all old money is destroyed. The woman is Miss Louise Lester, the only one of her sex who has served on the Committee. Sue was appointed from Maryland by President Taft The old money, at the rate of hearty $5,000,000 a day, is thrown into the receptacle shown in the foreground. Below It is a machine that cuts up the bills into tiny bits. Later the mass is mixed with a solution that takes out all coloring matter and the pulp then is sold to makers of novelties.