Canada -- Social life and customs; Ontario -- Description and travel
A long time it took to rid that part of Quebec of the remaining stamps
and dies, and to stamp out the counterfeiting entirely. But as the
country became more settled up and the roads improved it was gradually
stopped. So far as I can ascertain, this narrative contains an account
of the most systematized and successful series of forgeries our country
at that time had.
Some of these clever New England forgers knew when to stop. One of them,
it is said, moved away to New Jersey and bought a fine farm there from
the proceeds of his forgeries in Canada, and lived the life of a country
gentleman until his death.
The strangest part of this tale is yet to follow. I got it from the lips
of a resident in the West, a close observer and likely to know.
In the early settlements of the Western States bordering on the
Mississippi River, each state issued bills which were almost valueless
in any other state. All sorts of forgeries were committed on these state
bank bills. This money came to be known as “stump tail money,” and
amidst the general confusion of currencies and hasty settlements the
forgers were enabled to reap rich harvests. The forgers began to be
caught and driven still further west to the Missouri River, as the
States became better settled and things settled down generally. Nearly
all of those forgers who were caught acknowledged that they were
descendants of the gang of forgers whom I have been speaking of on the
province line in Quebec. And more, they said in their confessions, that
those who got away were likewise of the same descent. From this it would
appear that in the guild of forgers the faculties are transmitted to
succeeding generations, like those of caste in India.
Public-domain text, read in full here on John Shaqi.
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