Household words, No. 18, July 27, 1850 : $b A weekly journal
General
Household words, No. 18, July 27, 1850 : $b A weekly journal
English literature -- Periodicals
Now, as to the numbering:—It is a rule that of every date and
denomination, one hundred thousand Notes—no more and no less—shall be
completed and issued at one time. We know, therefore, that our
solitary five is one of a hundred thousand other fives, each bearing a
different number—from 1[2] to 100,000—but all dated 2nd Feb., 1850.
The numbers are printed on each Note by means of a letter-press, the
types of which change with each pull of the press. For the first Note,
the press is set at “00001,” and when that is printed, the “1,” by the
mere act of impression, retires to make room for “2,” which impresses
itself on the next Note, and so on up to “100,000.” The system has
been applied to the stamping of railway tickets. The date, being
required for the whole series, is of course immovable. After this has
been done, the autograph of a cashier is only requisite to render the
Note worth the value inscribed on it, in gold.
Footnote 2:
To prevent fraudulent additions of numerals, less than five figures
are never used. When units, tens, &c., are required, they are
preceded by cyphers. “One” is therefore expressed on a Bank Note
thus:—“00001.”
While the printers are at work, manufacturing each series of Notes,
the account-book makers are getting-up a series of ledgers so exactly
to correspond, that the books of themselves, without the stroke of a
pen, are a record of the existence of the Note. The book in which the
birth of our own especial and particular “Five” is registered, is
legibly inscribed,
“Fives, Feb. 2, 1850.”
Public-domain text, read in full here on John Shaqi.
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