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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Feb. 4, 1921)
I iiE BEE:, OMAHA, FRIDAY. FEBRUARY 4, 1921.
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In Counting Cash
First Check of Money in
j, Treasury in 12 Years Com
I pleted After Three Weeks
I of Strenuous Work.
Wuhingtqn, Feb. 3. A complete
count of the government's cash has
just been niacte for the first time in
12 years. The total approximated
I $13,500,000,000 and included all cash
and securities held as reserves
against curreucv outstanding,
f The count was made by a special
committee of three assisted by eight
accountants, and by IS laborers, who
were used to move around the heatx
sacks of gold and silver. The men
dflved into great vaults in the treas
ury building and took stock of gold,
silver and paper money and securi-
' tics, many of which had not seen
; the light of day since shortly after
William Howard Taft was in
" augurated president -and a new
treasurer of the United States ap-
pointed in 1909. k? .
Guards Even Active.
' The accountants in entering the
' vaults passed grim visaged guards
who day and night "sit on the lid"
,' to prevent any possible attempts at
I an unauthorized raid on the treas-
ury. The vaults themselves are sup-
posed to be burglar proof and are of
massive concrete and steel construc
tion. The storage sections are kept
under seal and this was the first
tune that some of them had been
opened in 12 years for when John
Burke became tteasurer after Presi
dent Wilson was first inaugurated
ne accepted the count of casn n
Ihe storage sections which had no
been opened since the previous
count in 1909.
The accountants handled "money
of every possible denomination from
the lowly copper to $iu.uw Dins.
Many of the bills, particularly those
of the large denominations, such as
$1,000, were in sheets of four each
and held as reserve against currency
of smaller denominations in circuia
lion. Thousand dollar bills in cir
culation are few and each bank in
the country is kept supplied by the
treasury with a list of them with
their numbers "so that if perchance
any are extracted from the treasury
illegally the holder will ha.ve ex-
trenie auncuiiy m realizing un mew.
Electric Machines Used.
The count just .finished- was made
necessary by tnc retirement or jonn
Burke as treasurer and was com
pleted in the remarkably short time
of three weeks through the use of
electric counting machines. Loose
coins passed through these ma
chines instead of being counted by
hind as was necessary in the olden
days. Paper currency was counted
by the piece, but stored coins and
currency were counted by the sack
or package in cases where the
wrappings were unbroken and the
seal on each intact.
Gold coin, stored in the vaults
were counted by weight. The gold
is kept in sacks, sealed with the
treasurer's was seal and containing
$5,000 each, weighing about -18
pounds and seven ounces. First one
sack was weighed and then the
others were examined. If both the
seal and covering were found intact
they were weighed against the first,
or test sack, and if the result was
the same were passed and counted.
However, if a seal was broken or
the sack torn or there was ap
preciable difference in weight the
contents were counted by the piece.
Standard silver dollars were
counted in the same way as the gold
General Board of
Navy Reports on
U. S. Program
Major Ship Remains Basis of
Power Says Planes and
Subs Still Un
developed. Washington, Feb. 3. The major
ship remains the basis of sa power
and those who argue that the air
plane and the submarine have sap
planted it are asking the country to
"accept hopes for accomplishments,"
the navy general board says in a
report to Secretary Daniels, made
"The general board, having kept
in touch with naval progress alonir
all lines," says the report, "reiterates
its belief in the battleships as form
ing the principal units of the fleet.
Without them the United States can
not hope to cope with existing
Urging that ' equality in power be
the continuing naval policy of the
United States, the board says there
is "no thought of instituting inter
national competitive building," and
that "no other ration can in reason
take exception to such a position."
Is Not a Challenge.
"It cannot justly -be construed as
challenge." the report continues.
"A policy of equal or substantially
equal armaments may well tend to
diminish their growth and to lessen
the danger of ,sudden war."
The report, signed by Rear Ad
miral Charles J.ABadger, president,
wa's approved by Secretary Daniels
and was transmitted by him to the
senate naval committee for its in
formation in considering -pending
disarmament and "naval holiday"
Asserting that the guiding policy
that had shaped the general board's
construction recommendations since
1903 was that of eventually creating
a navy equal to the strongest in the
world, the board urges "no rest perl
do or limitation of armaments be
agreed to by the United States that
would modify the great naval build
ing program of 1916, now under con
struction, "in numbers, general types
or dates of completion."
Rest on Preparedness.
"in future, as at all times previ-.
ous to the world war, we shall, m
all probability, have to rely solely
upon our own state of preparedness,
was a note of warning the document
Cessation of naval building by
Great Britain is attributed by the
general board to the great prepon
derance in its navy of all types of
ships and to the pfesent economic
situation in that empire.
Bureau Secretary Opens
Campaign in Butler County
David City, Neb., , Feb. 3. (Spe
cial.) H. D. Lute,- secretary of the
Nebraska farm bureau, was the
principal epeaker at the opening
meeting of the campaign for new
members in Butler county. He cm
phasized the need of farmers or
ganizing to see that their crops are
marketed to the best advantage. A.
J. DeWald, who has charge of.the
organization work in the county, re
ported over 100 members. (
Sleeping Sickness Is on
The Increase in England
London, Feb. 3. Reports of new
cases of sleeping sickness have been
made by physicians in this city and
throughout the country, quite an
alarming spread of the disease being
shown. There are now more than
100 cases in London and 321 in Eng
land and Wales. - .
Meeting to Study
nouse favorably Acts on
Resolution Giving Presi
dent Right to Call
Washington, Feb. 3. A resolution
authorizing the president to invite
the nations of the world to send
delegates to a conference "to pro
vide for disarmament" was reported
tavorably today by the house foreign
affairs committee. The measure
was sponsored by Representative
Brooks, republican. Illinois.
Under the reaolution the proposed
conierence would be held in wash
ington, but the calling of it would
be Jen to the discretion of the presi
this is the tirst definite action
taken by any congressional commit
tee looking to conference for gen
etal disarmament. The senate for
eign relations committee . has re.
ported out a resolution by Senator
Borah, republican, Idaho, proposing
negotiations pet ween tue united
States, Great Britain , and Japan,
looking to a reduction of naval
building in the future. ,
Man Stabbed to Death as
He Resists Robbers1 Attack
Salt Lake City, Feb. 3.Alexander
Holmes, bricklayer, 60 years old,
was stabbed to death at his home
here today when he resisted robbers
who called upon him to deliver his
money to them. Following the af
fray, Holmes staggered to a neigh-
Dor s nouse and turnisned a descrip
tion of his assailants. He died 15
minutes after the attack.
a cigarette to do.
They not only
please your taste
do that) hut they
to your smoking
an enjoyment .
so entirely different
that there's only
to describe it
mk-tigkt packages. Also obtmmmU
m tmmd tin of 50, rmamm-il4
Two Building and Loan
Charters in Nebraska
Lincoln, Neb., Feb. 3. (Special.)
Two applications have been filed
with the state department of trade
a,nd commerce for permits to organize-
building and loan associa
tions. One of the companies is to
be in Omaha. The applicants fol
low: Home Building and Savings as
sociation, McCook. Incorporators:
J. N. Gaarde, D. W. Colson, F. M.
Hegenberger, Dale S. Bovles, Lester
J Korf. L. A. Kiplinger, F. M. Khn
mell, M. O. McCIure and George
Campbell, all of McCook,
Mutual Savings and Loan associa
tion, Omaha. Incorporators: E. H.
Hoel. H. M. Eaton, J. T. Pickard,
N. H. Tyson. H. S. Daniel. W. A.
Gordon, G. A. t)enham, Carl John
son, V. C. Slabaugh, Jf. J.. Dodds.
D. J. Johnston, and Sanfor R. Gif- -ford.
Officers: J. J. Dodds, presi
dent; G. A. Denliam, vice president;
II. M. Eaton, secretary; J. T. Pick
Youngest Congressman Is
Made Assistant House Whip
Washington, Feb. 3. Selcctioy
of Representative McLeod, Mich- Vy
igan, who is 25 years om ana scrv- i
ing his, first term as assistant re- r
publican whip of the house, was an
uounced last night.
, v . ...
Quality First Price Second
(Don't Reverse the Order)
Thompson-Belden's have only one stan-
dard of quality. The best at each price.
Our present lower level of prices
,is based upon replacement costs. !
No attempt m be made' to confuse
you by any reference to last year's
prices which have ceased to exist.
" - . ' . N
Everything is marked ai exactly what
iris or today--not what it might
have been six or eight. months ago.
You can depend upon qualities and
prices here at Thompson -Belden's
Annual Sale of
This clearance has be
come an event of im
portance. The silks and
woolens are all Thomp
son -Belden qualities
from our season's stock,
no materials bought for
sale purposes will be
found in the sale.
Lengths for d r e s s e s,.
blouses, suits and coats
a .window full is be
ing shown Friday to
give you an idea of the
extent of the sale.
at New Prices
65c And $1
The best poplin made;
will not: turn yellow, after
washing. Jiostf suitable
for , uniforms, ehildren's
dresses and rompers. 27
inch 'width, 65e a yard;
36-inch width, $1.
75c to $1.50
Fine cord pique. Splen
did for trimming pur
poses. 27-inch width, 75c
to $1.50 a yard. 36-inch
width, $1 to $1.50 a yard.
Linens Main Floor
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A Diversity of Styles
In Spring Tailleurs
The shorter box coat f or the jewe filk. A finger,
tip length for the more mature woman. A nar
row string belt defining a loose waistline. A
slight godet flare in a few rare instances. The
selection you see is in no way limited. Becom
ingijess and individual preferences were our
first considerations in selecting this season's
suits." - . ' o : ; .
' Apparel Sectiont. Third Floor
A fine, pliable, washable
leather of a heavy, long
Single clasp, $3.98 and
$2.50 a pair. ,
Gauntlets, $7.25, $6 and
Aak to see them.
1 Net and organdy vests.
If Collars of pique, lace,
organdy and mull.
Collar and"cuff sets of
pique and organdy.
A Sale Friday.
North Aisle Maia Floor
$1.49 to $3.98
Cambric, nainsook or cot
ton crepe, white and flesh
in high neck and long
sleeved or low neck,
White petticoats with
lace flounces made with
A Selling of
Corsets and ,
The selection offered
sizes for the average
Corsets of coutille,
batistes, b r o c ades
and a few satins.
Brassieres of mesh,
satin, light weight
brocade and lace.
All from the best
Sale of Silk
Silk and Wool
$4.98 a Suit
Fine silk "and wool suits,
low neck, elbow sleeves
anoT ankle length. Ster
ling made garments, spe
cially priced, $4.98 a
$4.98 a pair
Flesh-colored glove silk
bloomers. Splendid qual
ity. " Second Floor'
of Wash Goods
Lengths suitable for
blouses, dresses, chil
dren's wear and negli
gees. Cotton suitings,'
foulards, crepes, ging
hams, percales, mulls
and natural linens.
Priced less than half.
' it- is used.
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