Excerpt from Report to the Secretary of the Treasury From the First Division National Currency Bureau: Showing Its Origin, Growth, and Present Condition, With Details of Work Done, &C
The clerk then in charge of the work, after a trial of the machines, erroneously reported to your predecessor that they were a failure, and that they could not do the work as rapidly or as well as it was done by hand. Upon this report the Secretary issued an order to discontinue their use, and remove them from the building. Pending the execution of this order he examined, at my request, the machines while at work, and being satisfied from this examination that the report upon which his order was issued was not sustained by the facts, he rescinded the order, and directed me to submit a programme for taking the small notes (one and two dollars) under my charge, in a separate room, to trim and separate them by these machines, propelled by steam power.
In accordance with this direction I prepared and submitted a pro gramme for the work on the loth of April, 1862.
At this date I had no official connection with the preparation of the Government issues, and therefore no official record was made of this report.
I am informed by the Secretary's clerk that it has since disappeared from the files, so that I am, to my great regret, unable to reproduce it here.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"synopsis" may belong to another edition of this title.
Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book chronicles the genesis, evolution, and current operations of the US Treasury Department's National Currency Bureau, which has the sole authority to produce US paper currency and government securities. The author, a major player in the development of the bureau, begins by describing the intricate system of checks and balances that the department has implemented to prevent counterfeiting and fraudulent activities before delving into the captivating history of the painstaking process that transformed the look and feel of US paper currency. The book also analyzes the methods of production and security implemented by the Treasury Department as it relates to the broader history of paper currency production in the United States. Throughout, it emphasizes how these efforts have been crucial not only for guaranteeing the security and integrity of our currency but also for the nation's financial well-being. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9780243138326_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780243138326
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780243138326
Quantity: 15 available