Richmond Palladium (Daily), Volume 36, Number 4, 13 November 1910 — Page 8
page iiiairr
THE RICII3IO?.D PALLADIUM. 'AND SUN-TELEGRA3I. SUNDAY. XOVEMBER 13, 1910.
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I.U.L..UI U.U..UL
TOOEDUD Drpcrtmsnt Will State Mew Size end Ocsisn Within Wext Several Weeks. TO SYSTEMATIZE DESIGNS
FINANCIER HAVE BEEN WORKaJA Auian ea v . "r eiaMwve
' WHAT TREASURY OFFICIALS ' HAVE UP SLEEVES.. .
BY SIDNEY ESPY.
," I Waahinston, Not. 12. From numfcarn of sources, financial and othervise, Secretary MacVeagh of tbe
Treasury aepanmeni naa receivea re-
''' quests for Information concerning Just
what the department will do in regard
faces would be placed llT the center' Ins In the cost of paper-would be al-
most $90,000 and the decrease in the cost of plate printing would amount to almost 1270,000. These, with a possible reduction of the force in tbe
of the note and thus enable the holder to determine at a glance it denomination. ' "For example the dollar note, which
might bear thrtralt ' of WThrn7-jP0 tbG ton, as the emancipator of the country joflice would bring the savings up to
and the founder of . its government: ; over i,uuu,ww
the two dollar note, that of another famous American, and so on for all the separate, denominations. J ,
notes. - and - by seeing to it that' the '
various 'features " are arranged more harmoniously and are drawn with a finer sense of proportion and selection than at present. "While the actual engravings of our, present notes leaves nothing to be desired, tbe designing of the notes Indicates little more appreciation for harmonious composition than the ordinary letter headings of most commercial firms. As these designs on the paper currency are reproduced millions of
' On Popular Side. "On the - popular side," t continued Mr. MacVeagh. "I am Inclined to
"Such reclassification ' is believed , think the change would cause 11 tie if . times and pass through the hands of to be the more advisable as It wilt en- any 'inconvenience and would quickly I nearly 100,000,000 people, if is' worth able cashiers of banks and other ex-jbe commended by the people. The! while for us to take pains to make pert money handlers tbe more readily j smaller notes could be carried flat. I them models not merely of engraving
to detect counterfeits, experience bav- .would not wear from folding and at but of design,
Ing clearly shown that it is impossible the same time could be handled more for the most expert 'engraver to re- readily by cashiers, tellers and clerks, produce an' exact' facsimile of a por-jWe have carefully experimented
with bank clerks and tellers in the city of Washington and learn that the smaller notes do not tend to cramp the hands of persons manipulating them. The smaller notes could be more closely packed on the counters
trait, even If the face has .been engraved by himself. , . . . They Vary. In Color... ' "The class' to which the note belongs, whether gold or silver certificate or United States note, may readi-
ly be determined by varying the color of the "J" in which the seal on the right side of , cou d b t?lred ?n e Tfu,t8' the note and the denomination num- The onl objection to adopting the era! on the left are printed. The 5 smal1,e,r ,note" h,c J m f printing of these will continue to be , "Peclal ImporUnce is that for some done by a separate process. hence s f p per money, would i.in ibe ln use and bank tellers and the
ADDITIOIiAL MUSIC
additional expense. Tbe name of the
to changing tbe slse and design of pa- . ... v ', . . . tt.i.. ... "... class will be repeated as many times
gold and silver certificates. Within
tne next several weeas, a iuii an
nouncement of tne secretary s plans Is to be made public and at the same tlma a full description given as to just what is to bo done. ? The agitation for a change ln the paper currency of the country was begun at about the time Secretary . MacVeagh assumed the portfolio of
tne treasury. , sine then, financiers have. been working over-time to get some Idea as to Just what the department Is about to do. . It . has been shown by banking interests that at least , $200,000 a year ' can ' be saved by them. If tbe size of paper money . . . . . .
is reaucea ana it nas neen round oy the treasury department that Uncle
Bam win do aooui si.uuu.uuu ncner u Secretary ; MacVeagh's plans are adopted.
What MacVeaah Says. In an Interview with Mr. MacVeagh concerning the subject.' ho said: "For more than a year the treasury department has contemplated systemIsing the resigns for United States note and gold and sliver certificates and a reduction ln the also of paper currency. No less than nineteen miscellaneous portraits and historic designs appear on the Issues now current These servo no useful purpose M MM AS A-a M ' a a aa
in raenuiying toe denomination or note and the design they bear have not boon selected according to any schemo of historical balance. As an example of exlsUn confusion, the present one dollar silver certificate bear tho portraits of both Lincoln and Grant. Tho plan la to reduce these nineteen miscellaneous designs to nine, selecting tho portraits, with soao reference to tho importance and position of their subjects la American history, and using tho same portrait on ono denomination throughout. The
on the face and back of the note as at present. . ' . . "Tbe department might feel warranted In proceeding to change the designs of the notes without awaiting suggestions of banking institutions, but a somewhat different proposition is presented ln tbe plan to reduce tbe sizes of the notes to six by two and one half Inches. Tbe department recognises that public convenience Is more or less involved in a system to which most of tbe cash drawers and pocket books of the country have been adapted, hence It Is disposed to welcome criticisms and suggestions from bankers and business men before attempting any radical changes." The treasury department committee which has this work in hand has
business public would be correspondingly inconvenienced. I think, however, that this objection could be
i largely. If not almost wholly overcome
by preparing ln advance enough of tbe new notes so that they could be exchanged for old notes on a fixed date at all sub-treasuries, banks and other large - financial institutions. I am convinced that the criticisms of the proposed change are based rather upon considerations of temporary inconvenience than upon essential and insurmountable objections. If this is the . case , these . objections should hardly be permitted to Btand in the way of permanent progress and economy. ' ' "No special legislation is necessary to enable the government to reduce the size of the United States notes and gold and silver certificates.
II it is decided to remodel our
. TO COME EACH WEEK. Mr. Louis Shenk of Dayton. Ohio, will meet his pupils each Thursday ln the Starr Piano parlors. 1 ' .;:''-' :'js l J TO SING THIS MORNING. Mr. W. T. Morgan," the singing, evangelist will sing at the morning service of the Second Presbyterian church. AH are invited to hear him.
SPECIAL MUSIC. V : The special music at the revival meetings which are being held at the
East Main Street Friends church, is an attractive feature. The chorus is a large one and is one of the best ever
heard in this city. ' j CONCERNING HEINEMANN
Alexander Helnemann was eulogiz
ed by the Berlin press after his even
ing of Loewe ballads in Beethoven
hall on October 11. An excerpt from
odc of the leading dailies .is as follows: 4 YV
At Beethoven hall Alexander Helne
mann gave his only Lieder Abend of
this season. The artist ' is soon' to
make a tour of America and the audi
remarkable powers -of ' interpretation.
Lokal Anxelger, Berlin. October II, 1910. r , , v Musical Courier. CONCERNING FANNING. The following clipping from the Musical Courier concerning - -Cecil Fanning who iwill sing here Jthls winter under the auspices of the - Music Study club is of interest to musicians: Cecil Fanning and H. 'B. Turpin gave a thoroughly . delightful song recital at Ohio State university last Friday ." afternoon. " The weather was atrocious and , the university a good
three miles from the .center of the city, the long walk from car through
the campus to the chapeL testing tbe
courage of the stoutest 'heart; but
these discouraging obstacles had no effect on the ardor of the soloist's admirers, the chapel as usual crowded to its -tJoor to hear this truly sincere and altogether' delightful artist and
his teacher -accompanist -companion-friend, who is the other half of this musical combination.' It is rare to see such joy in co-operative work as these
two artists show, one seeming to be a perfect complement of the other.
F.How-WermsV Before Longfellow bought the hoVe In -Cambridge so associated with his memory It waa owned and occupied by old Mrs. Craigle. Mr. Craigte was a woman of many eccentricities. Some one once tried to persuade her to have her trees tarred to protect them from caterpillars, which , also invaded her neighbors' trees. She refused to be so "cruel to' the caterpillars. "They are our fellow worms." she-sald. :-
! -i ki ; i PaPer currency along the lines pro- ence which filled the hall to the last vantages and the objections to the r - - ... . aa m Mii
plan. Discussing the details, Mr. MacVeagh continued: "I am hopeful the public will consider favorably the economics and other advantages which would result ultimately from the use of somewhat smaller curency. The present size of paper currency is 3:04 inches wide by 7:28 Inches long. It has been 'suggested that our notes be reduced to 6 Inches by ZV inches, the same size as - the Philippine , paper currency, which has proved an unqualified success, and a slse which, when it Is not brought Into direct comparison with the present note, would not present a noticeable change. From the treasury point of view, tho proposed reduction would result In an estmated saving of $1,000,000 every year. This saving would be gained from various sources. For example we would print five notes where we print four now and the Increased production of twenty-five per cent more notes with the same labor as at present, would save more than $200,000 a year alone. The sav-
Cat them when your sold first starts. 1 IS cents per box, only at
THE RIXALL STORE"
6TH AND MAIN. ,
can make great improvements ln the quality of the designs through the elimination of many Incoherent and meaningless features which now are confused without order on most of our
The demand for encores assumed fearful dimensions. Heinemann sang lieder and ballads by Loewe only. Heinemann fascinates not only with his grandiose organ, but also with his
OR. J. A. WALLS OPCCIALIGT St SOUTH TaUVTH ST, RICHMOND. I9TO.
OmCB DAYS MOJrOAT. TUESDAY. FRIDAY
7A1TD SATURDAY OF EACH WBKJC Consultation and one month's Treatment Free.
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DlfMMt, Female Diseases. Loss of Vitality from Indiscretions, Plies. Flstn-
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Fligli Grade Butterine, 25c lb. H. G. HADLEY .;v"
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Panimtl Store FdDir M(ellniiim(a)im(ffl Where everything in the paint line can be obtained at prices that will surprise you. Paints of every description. Varnishes for every use, Floor Paints. Fioor Stains, Art- . ists' Materials, Wood to burn almost as choan as firownori. Everything in PYR0UhArhi uuuub ana biiAbS UKAH.
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"WhT doesu't Mrs. Fllmgtt stop IBarreiias with her husband and get s divorcer "She realizes bow much more of hi income be would, bare left after paying alimony than she now allows him for car fare nad lunches." Washington Star. - - ' ' Careless. -
She My little brother shot-off his
en ii thL tnoruine. aud the bullet went
thronzh mv hair. He How careless
of you to leave It lyins around. Ex
change. ...wV A Previous Question. Sh-Pana usked what your Inten-
tinaa--(r last evenina. George. He
Didn't say anything about his owu.
did he '-Boston Transcrjgt. s ,
Somewhat Surprised, r. Why didn't your boy enter collegaT" He couldn't pass tbe examination." Do they have to pass an examina
tion? I thought all a college boy need
ed was some funuy clothes." Pittsburg Post.
MILD LIQUID CURES ECZEUA . - BBsaalSSr " Skin Sufferers! Drop Graasy Salvaa and Nasty Mediclnaa. That mQd. soothing liquid. TX IX D." Prescription, stops tha awful itch with
the first drops. , A prescription of acknowledged value. Get a trial bottle .at 35c. It. will take away the Itch, right away , and you will" sleep soundly. -We aasura you personally of the merits of this remedy for we KNOW. . T Conkey Drug Co, 9th and Main St, Richmond. Ind. -'
PALLA0IUM WANT ADS PAY.
it Oils eoecarna yea, raad cmMttt 'aidwaB's Srrap Pepste Is poaltrvaty n Md to eat ludlarlna. eaaaejMtleaa. aiek I
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H!
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Get your order in now or within the next few days and we will guarantee you a delivery before Thanksgiving! W a, have been telling you in our advertisements of the good qualities of our clothes. Many have responded and have become satisfied customers make yourself one of our customers. Both the young man and the conservative dresser are finding what they want in our immense line of Woolens.
W(D)(D)IL1LIE
918 Main Street
The New Store With the New Front
31
IVWUtf m ssl mi
(Ml
n n n ip.
i
Aro ycu cna cf the unfortunates that have been getting unsatisfactory coal? There is as much difference in coal as there is between night and day. We sell and handle only the "KIND THAT SATISFIES Ccr.d ua yc,ar crdcr fcr cny kind and grade to be used m stove, furnace or grate. Prompt and reliable drivers.
MA
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