REPORT OF EDWARD J. WILLIAMS, DISBURSING OFFICER

ISTHMIAN CANAL COMMISSION, DISBURSING DEPARTMENT,
Empire, Canal Zone, July 24, 1911

 Sir: I have the honor to submit the following report of the dis­bursing department on the Isthmus for
the fiscal year ended June 30, 1911:

Through the efficiency of the automatic cashiers placed on the pay car last year for expediting payment of fractional parts of a dollar, I was enabled to reduce the pay car schedule from four days to three April of this year.

The Panama currency has been of sufficient volume during the past year to care for the labor payments, while it has only been necessary to bring down from the United States $500,000 in $20 gold pieces and  $10,000 in United States 50-cent pieces, in order to keep United States currency on the Isthmus for our needs.

Herewith the fiscal year, amounts actually paid out: On gold rolls $9,219,254.22, silver rolls $10,196,732.80, public bills and reimbursement vouchers $10,017.600.13, a grand total of $29,433,587.15. The total number of payments on the gold pay rolls was 65,864 and on the silver rolls 392,020, or a total of employees paid compensation during that time of 457,884.

Respectfully,   EDWARD J. WILLIAMS,
                         Disbursing Officer

Col. GEO. W. GOETHALS, U. S. Army,
Chairman and Chief Engineer, Culebra, Canal Zone