Notes from the Past

$1 Presidential, U S I R Watermark

While the $1 Presidential stamp printed on revenue paper, watermarked, "U S I R," has been given considerable publicity I have not as yet, seen any explanation as to what happened that brought about this variety.  Without having made pertinent inquires, I learn from an authoritative source that the error was due to carelessness on the part of the contractor who furnished the Bureau of Engraving and Printing with the paper.

Meanwhile, there are stories in circulation that, "four employees of the Bureau have been fired," as a result of this usage of revenue paper for the printing of postage stamps.  In my opinion, this can be dismissed as wind-jamming and utterly without foundation.  No one has been fired.

- George B. Sloane
Sloane's Column
January 2, 1954

Posted September 14, 1999

Index of 508 Notes from the Past

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