Kankakee Valley Post, Volume 11, Number 3, DeMotte, Jasper County, 5 December 1940 — Making the ‘Coin of the Realm’ At Rate of $16,799,283 Per Day [ARTICLE+ILLUSTRATION]

Making the ‘Coin of the Realm’ At Rate of $16,799,283 Per Day

$16,799,283 in new paper money every day! And that's some spondulicks! Most of this is made into dollar as these are in greatest demand, and the life of the dollar bill is only about nine months. After that it is a fiscal wteck, so it is recalled to the treasury department and carefully destroyed. Some of the principal stages in the manufacture of Unde Sam s paper money are shown here . No coins are minted in If ashin gt on —only at the mints in Philadelphia and elsewhere.

PROOF READER . . Mrs. Isabel Gaither, employee of the Bureau of Engraving and Printing (shown at left), reads sheets oi new money seeking possible defects. Millions of dollars in new money pass through her hands every year —but still she remains unspoiled.

(Below): A view of the treasury building's south end with a statue of Alexander Hamilton, first secretary of the treasury, at the foot of the steps. The site was chosen by President Andrew Jackson.

Left: Leland Howard, acting director of the mint, showing model of Roosevelt medal to visitors. Medals struck of earlier Presidents are shoicn in the background.

| Engraved plates must be washed \ by hand, as above. The girl is putI ting the special paper on the press.

1 here u always a large reserve on hand in the finished money vaults—approximately $300,000,000 in bills. )

Favorite apparatus in the treasury department which puts checks in envelopes for mailing to recipients at the rate of 1,600,000 a month.

% This machine makes money test longer by giving it "body? and the *i*p crinkly music we like to hear .