Detective and mystery stories, English; Police -- Fiction; Short stories
At length public alarm at the prevalence of forgeries, and the
difficulty of knowing them as such, arose to the height of demanding
some sort of relief. In 1819 a committee was appointed by the Government
to inquire into the best means of prevention. One hundred and eighty
projects were submitted. They mostly consisted of intricate designs such
as rendered great expense necessary to imitate. But none were adopted
for the obvious reason that ever so indifferent and easily executed
imitation of an elaborate note is quite sufficient to deceive an
uneducated eye, as had been abundantly proved in the instance of the
Irish "black note." The Bank had not been indifferent or idle on the
subject, for it had spent some hundred thousand pounds in projects for
inimitable notes. At last--not long before the Commission was
appointed--they were on the eve of adopting an ingenious and costly
mechanism for printing a note so precisely alike on both sides as to
appear as one impression, when one of the Bank printers imitated it
exactly by the simple contrivance of two plates and a hinge. This may
serve as a sample of the other one hundred and seventy-nine projects.
Neither the gallows nor expensive and elaborate works of art having been
found effectual in preventing forgery, the true expedient for at least
lessening the crime was adopted in 1821:--the issue of small notes was
wholly discontinued, and sovereigns were brought into circulation. The
forger's trade was nearly annihilated. Criminal returns inform us that
during the nine years after the resumption of gold currency the number
of convictions for offences having reference to the Bank-of-England
notes were less than one hundred, and the executions only eight. This
clinches the argument against the efficacy of the gallows. In 1830
death-punishments were repealed for all minor offences, and, although
the cases of Bank-Note Forgeries slightly increased for a time, yet
there is no reason to suppose that they are greater now than they were
between 1821 and 1830.
At present, Bank-paper forgeries are not numerous. One of the latest was
that of the twenty-pound note, of which about sixty specimens found
their way into the Bank. It was well executed in Belgium by foreigners,
and the impressions were passed among the Change-agents in various
towns in France and the Netherlands. The speculation did not succeed;
for the notes got into, and were detected at the Bank, a little too soon
to profit the schemers much.
Public-domain text, read in full here on John Shaqi.
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