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PAGE FOURTEEN
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New Flood Of Bogus Money May
Swzen Through Country Soon
By DOUGLAS LARSEN
NEA Sta’s Correspondent
WASHINGTON—(NEA)— The
country may soon be swamped
under a major new flood of bogus
money.
Based on a tremendous increase
in bootlegging and evidence of
the big-time syndicate crooks des
perately seeking new sources of
illegitmate revenue, with most of
their gambiing profits gone, gov
ernment officials fear a serious
outbreak of counterfeiting could
be in the making.
Treasury .officials and con
gressional crime experts have re
l Insects
3 Word
derivation
4 Bears lightly
5 Heraldic band
6 Motive
7 Floor covering
8 Mimics
9 Nostril
10 Waste
allowance
11 Dry
17 Higher
19 Likeness
23 Broader
24 Microbe
25 On the
sheltered side
26 Fall flower
27 Extinct
elephants
. HORIZONTAL
| 1 Honey maker
4 Angle ——
8 Social insects
12 Small island
in a river
13 Extent
14 Peel
15 Aftempt
16 One who
compliments
18 Shem’s
descendants
20 Mountain spur|
21 Mystic 1
ejaculations
22 Night birds |
24 Festive 1
26 Indigo '
27 Madam
(contr.)
- 80 Eulogistic
| memoirs
LTI
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STt
TP
FEI T 7 FT
TP
TR T
ST T
P T
e T
Y
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TG
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| 34 Ruler
135 Rubber
i 38 Dutch colonist
37 Horned
I" ruminant
| 89 Italics (ab.)
| 40 Knitting stitch
b 41 For
42 Thin biscuit
{45 Desert
49 Cordials
gbl Diminutive
i suffix
52 Standing
(suffix)
53 Lampreys
54 Insect egg
55 Caresses
56 Gaelic
§7 Distress call
VERTICAL
1 Baseball tools
2 Ireland
VIC FLINT
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Lasiee Sl N| B T (FREE ) A\
\: MU Dly — | P e g
440 . R A 'JA oA ) W rtereze conn. 1552 1y NEA Service. e, & +3O
MUSEUM GETS URIVATE
SUPPORT ‘
ST. LOUIS (AP) — The newly
formed contributing membership
society of the City Art Museum
has an initial donation of SIO,OOO
to help build up the museum'’s
art collection,
Ten persons each gave SI,OOO
for life memberships. Up to this
'time the institution had been the
only major art museum in the
country which operated without
the support of private member
ship. l
vealed the new bootleg menace.
And they point out that counter
feiting has always been a major
by-product of that racket, espe
cially with the big interstate
gangs moving in on the sale of
illegal booze.
Prohibition days demonstrated
how important a part fake money
came to play in bootlegging, with
the public ending up the sucker
for both rackets.
& * *
Typical of what might be in the
offing for the country is the re
cent partial exposure in Chicago
of one of the biggest counterfeit-
Answer to Previous Puzzle
IM[O|UIS|E] [GN]AIWS|
o[r[N|AITIE] [A[RIAIRIAIT]
e INIEISE ISIAIT] ) RIE]
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|| IN[R[O]AID]S]
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[RIAINIATTINIAIPT A GIE]S]
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AR IR| ! |SIE[RITTAIN] | |
REARIE D] SDEBE
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S|T[E[T[S] EAS[ES]
42 Stinging insect
43 Poker stake
44 Decree
46 Power ratio
units
47 Medley
48 Fisherman's
apparatus (pl.)
50 Device used
by golfers
28 Bewildered
29 European
blackbird
(var.)
31 Stand
33 Scottish child
38 Click beetle
40 Some insects
are ——
41 Outmoded
ing operations ever uncovered.
According to a Secret Service
spokesman, approximately 800 ar
rests all over the country were
made as part of the ring, with
$1,400,000 in fake $lO and S2O
bills confiscated.
In jail in Chicago, charged with
being key figures in the case, ac
cording to the Secret Service, gre
William Skally and William J.
Russo. Two other men are also
charged with using a legitimate
printing shop as a front for the
counterfeiting.
The fake billg involved flooded
the middle west, with many of
them turning up in New York
and San Francisco. Other arrests
of key figures in the ring are ex
pected soon, the Secret Service
says.
- - *
Two significant aspects of this |
case are most disturbing to the
Secret Service. The quality of
the bills was very good, a spokes
man says. Since the war the
trend has been to produce better
bogus bills all the time.
The use of a legitimate print
ing shop which shielded the op
erations for a long period of time
also alarms the Treasury. It
could mean the presence of big
timegangster brains already well
entrenched in the counterfeiting
racket.
Ever since the end of Workl
War II counterfeiting has been
increasing, and with the Chicago
case figures, 1952 could set an all
time high.
Highest previous year was
1935, when a total of $1,493,311
worth of fake currency was dis
covered in existence by the Se
cret Service. Last year seizures
of counterfiet currency totaled
$1,380,882.
- - *
As proof of the increased diffi
culty of curbing counterfeiting in
the U. S, Secret Service Chief
U. E. Baughman reveals that his
agents were forced to contribute
95,000 hours of unpaid overtime
in order to keep the racket in
check in 1951. There are only 224
agents at work on this activity.
The overtime represented the
equivalent of about 52 agents
working normal hours for a full
year, Chief Baughman claims. .
At the start of last year the
Service had 18,000 pending in
vestigations, Baughman reveals.
By the end of 1951, he says, the
Secret Service had investigated
49,952 cases of all types. Never
theless retail stores throughout
the country lost $448,560 last year
to counterfeiters, he admits.
Baughman also admits “there is
now more counterfeit money in
circulation than at any time dur
ing the past 12 years.”
Up until modern times, Bang
kok, the capital of Siam, was built
mostly on pontoons and piles
above watercourses which formed
streets.
Railroad Schedules
SEABOARD AIRLINE RY.
Arrival and Departure of Traine
Athens, Georgia
Leave for Eiberton, Hamlet and
New York and East—
-3:30 p. m.—Air Conditioned.
8:48 p. m.—Alr Conditioned.
Leave for Elberton, Hamlet and
East—
-12:15 a. m.—(Local).
Leave for Atlanta, South and
West—
-5:45 a. m.—Air Conditioned.
4:30 a, m.—(Local).
2:57 p. m.—Air Conditioned.
CENTRAL OF GEORGIA
RAILROAD
Arrives Athens (Daily, Except
Sunday) 12:35 p. m,
Leaves Athens (Daily, Except
Sunday) 4:15 p. m.
GEORGIA. RAILROAD
Mixed Trains.
; Week Day Only
\rnln No. 51 Arrives 9:00 a. m
Train No. 50 Departs 7:00 .m.
THE BANNER-HERALD, ATHENS, GEORGIA
FREE FOR ATHENS SAVINGS DAYS FREE
THURSDAY-FRIDAY- SATURDAY
SI.OO DISCOUNT ON EVERY GALLON OF JOHNSON'S PAINT
YARDSTICK AND “CALENDAR FAN"” "ART PALETTE
WITH ALL PURCHASES
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BY MICHAEL O'MALLEY
BY V.T. HAMLIN
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CAPTAIN EASY
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WEDNESDAY, APRIL 30, 155°
BY EDGAR MARTIN
BY MERRILL BLOSSER
BY LESLIE TURNER