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By a secured cashier, or by being paid into the Treasury.
When you became aware of that state of affairs did you recommend
that a secured cashier be obtained in my department?
A. I recommended that your cashier should be secured.
Q.
You did not indicate where a secured cashier could be found?
No.
A.
Q.
A.
Q.
A.
Q.
A.
Q.
A.
At the last hearing I think I put to you a question regarding times
of day which I endorsed on the vouchers to the Treasury in respect
of refunds of deposits. Have you verified that fact?
I have seen vouchers with the times written on them.
If I tell you the ordinary number of hours required between the time
the vouchers were signed by me and a cheque was received from the
Treasury was something like four hours, would that be right?
You were lucky to get your money in that time. We have to make
certain that the money is in order and duly supported by vouchers.
You realize that after I receive the cheque there is the further
stage when the cheque has to be cashed: altogether five hours must
e lapse. That means that within the limits of a certain imprest
account a certain daily turnover must be allowed for: there must be
a very considerable amount kept in cash in the office at one time?
What do you consider a considerable amount?
I am talking with reference to the amounts which my shroffs are
secured. The amounts kept to bridge that gap of five hours must be
considerably in excess of the $10,000?
I don't agree. These figures have been put to me for the first time
A.
A.
Well, I think eight hours a day is the normal office time. If my
turnover is $8,000 a day?
Your turnover is not $8,000 a day from the point of view we are now
considering. We are considering the repayment of deposits which is
on an average, shall we say, $4,000 a day.
Repayment? But the intake also was $4,000?
Yes, but we are not considering that. You have only to keep money
for the repayment of deposits.
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