Our country and its resources; . loss and wast-age, is sent to the office of the super-intendent of the coining department,where a tabulated record is keptfrom day to day. It shows by thesize of the operation if the loss ex-ceeds the legitimate loss in any onedepartment by even less than onepiece. If the loss is excessive, thenthe employees in that departmentare kept until the shortage is ac-counted for. or tne error in calcula-tion discovered. It generally hap-pens to be an error in figures, or acoin or box of coin had been over-looked. n the whole it is rare forthe question to arise. Once in
Our country and its resources; . loss and wast-age, is sent to the office of the super-intendent of the coining department,where a tabulated record is keptfrom day to day. It shows by thesize of the operation if the loss ex-ceeds the legitimate loss in any onedepartment by even less than onepiece. If the loss is excessive, thenthe employees in that departmentare kept until the shortage is ac-counted for. or tne error in calcula-tion discovered. It generally hap-pens to be an error in figures, or acoin or box of coin had been over-looked. n the whole it is rare forthe question to arise. Once in awhile in an extraordinarily large op-eration there might be a Legitimateloss equal to the weigh! of a singlepiece in excess of the estimate ofwhat the loss should be. and thiswould remain unaccounted for ex-cept as legitimate loss. It would beout of the question for any consider-able theft to be committed or evento conduct a systematic pilfering ona small scale without the culprit be-ing discovered in a short time. The. 318 OUR COl NTKY AND ITS RESOURCES daily record of the days workingskept in the superintendent of thecoining departments office shows theloss r wastage on every operation. The scales used for the weighingof bullion, coin, and metals willweigh from 1/100 part of an ounceup to 10,000 ounces at each draft. When the coin is finished andcounted it is delivered daily to thesuperintendent in sacks containing$5,000 in gold and $1,000 in silverin amounts that may have beencoined the day previous. Out ofevery delivery of finished coin tothe superintendent, there is taken atrandom by the assayer and superin-tendent one piece for each 1,000pieces of gold, and one piece fromeach 2,000 pieces of silver, whichare locked in what is known as thepyx box, the superintendent or hisrepresentative holding the key to onecombination, and the assayer thekey to the other combination. Eachyear in February as assay commis-sion, consisting of twelve or fifteenleading and representative ci
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Keywords: ., bookcentury1900, bookdecade1910, bookpublishernewyo, bookyear1917
