The E-Sylum:  Volume 9, Number 27, July 2, 2006, Article 12

U.S. POISED TO BOOST MONEY PRODUCTION IN POSSIBLE PANDEMIC SCENARIO

According to a Reuters report Thursday, "U.S. government officials
are bracing for a possible greater need for paper currency and coins
in the event of an influenza pandemic in the United States, a
Treasury Department official said on Thursday.

"In the immediate aftermath of any disaster, there may be some
movement toward a greater use of currency," said Treasury Deputy
Assistant Secretary Scott Parsons. He was testifying before a House
of Representatives financial services panel.

The U.S. Mint, Bureau of Engraving and Printing and the Federal
Reserve are collaborating to ensure that banknote and coin inventories
would be adequate if financial institutions need extra supplies,
Parsons said."

To read the complete article, see: Full Story

  Wayne Homren, Editor

	coinbooks.org Web

The Numismatic Bibliomania Society is a non-profit organization 
promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor 
at this address: whomren@coinlibrary.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum