A Treatise on the Police of the Metropolis: Containing a Detail of the Various Crimes and Misdemeanors by which Public and Private Property and Security are, at Present, Injured and Endangered: and Suggesting Remedies for their PreventionColquhoun, Patrick
History
A Treatise on the Police of the Metropolis: Containing a Detail of the Various Crimes and Misdemeanors by which Public and Private Property and Security are, at Present, Injured and Endangered: and Suggesting Remedies for their Prevention
Colquhoun, Patrick
Crime -- England -- London; Police -- England -- London
The same ingenious process is so easily applied to the coinage and
colouring of false money, and also to the mixing of the metals of
which it is composed, that it is not to be wondered at, that the
avarice of man, urged by the prospect of immense profit, has
occasioned that vast increase of counterfeit money of every
description, with which the Country is at present deluged.
The false coinages which have been introduced into circulation, of
late years, are _Guineas, Half-Guineas and Seven Shilling Pieces,
Crowns and Half-Crowns, Shillings, Sixpences, Pence, Halfpence, and
Farthings_, of the similitude of the coin of the realm: of foreign
coin, _Half Johannas, Louis d'ors, Spanish Dollars, French
Half-Crowns, Shillings and Sixpences, 30 Sol pieces, Prussian and
Danish Silver money, and other continental coins_; to which may be
added, _Sequins of Turkey, and Pagodas of India_. These foreign coins
except in the instance of the _Spanish Dollars_[43] issued by the
Bank of England in 1797, have generally been sold as articles of
commerce for the purpose of being fraudulently circulated in the
British Colonies or in Foreign Countries.
[Footnote 43: The circulation of stamped Spanish Dollars, in 1797,
gave rise to a very extensive coinage of counterfeit money of the same
species, which was generally executed in a very masterly manner, and
before the fraud was discovered vast quantities were in the hands of
many innocent members of the community. Several detections, however,
having checked the circulation, and silver bullion having fallen
greatly in price, those who were in the habit of dealing in base money
availing themselves of this circumstance, purchased Dollars in great
quantities at about 4_s._. 2_d._ which they instantly stamped and
circulated at 4_s._ 9_d._ and by which species of villainy large sums
of money were suddenly amassed.--One dealer in particular is said to
have made above £.5000 in six weeks. The Laws attaching no punishment
to this unforeseen offence, and the Author representing the
circumstances of the case to the Bank Directors, the whole were called
in, leaving, however, in the hands of the dealers a large surplus of
actual counterfeits,--which appears to have suggested to them the
expedient of finding a market in the British American Colonies and the
United States, where, in general, frauds are less likely to be
detected from the payments being made (particularly in the West India
islands) in dollars put up in bags containing a certain value in each.
However, they were fortunately defeated in this object by the timely
notice given, by the Author of this Treatise, to his Majesty's
Secretary of State, and the American Minister, and through these
respectable mediums commercial people were put upon their guard before
the intended fraud could be carried into effect.]
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account