The Chronicles of Newgate, vol. 2/2Griffiths, Arthur
History
The Chronicles of Newgate, vol. 2/2
Griffiths, Arthur
Criminals -- Great Britain; Newgate (Prison : London, England); Prisons -- England; Punishment -- Great Britain
But at the time of which I am now writing the law generally took its
course. In the years between 1805 and 1818 there had been two hundred
and seven executions for forgery; more than for either murder, burglary,
or robbery from the person. It may be remarked here that the Bank of
England was by far the most bitter and implacable as regards
prosecutions for forgery. Of the above-mentioned two hundred and seven
executions for this crime, no less than seventy-two were the victims of
proceedings instituted by the Bank. Forgeries upon this great monetary
corporation had been much more frequent since the stoppage of specie
payments, which had been decreed by Parliament in 1797 to save the Bank
from collapse. Alarms of invasion had produced such a run upon it, that
on one particular day little more than a million in cash or bullion
remained in the cellars, which had already been drained of specie for
foreign subsidies and subventions. Following the cessation of cash
payments to redeem its paper in circulation, the Bank had commenced the
issue of notes to the value of less than five pounds, and it was soon
found that these, especially the one-pound notes, were repeatedly
forged. In the eight years preceding 1797 but few prosecutions had been
instituted by the Bank; but in the eight immediately following there
were one hundred and forty-six convictions for the offence. At last,
about 1818, a strong and general feeling of dissatisfaction grew rife
against these prosecutions. The crime had continued steadily to
increase, in spite of the awful penalties conviction entailed. It was
proved, moreover, that note forgery was easily accomplished. Detection,
too, was most difficult. The public were unable to distinguish between
the good and bad notes. Bank officials were themselves often deceived,
and cases were known where the clerks had refused payment of the genuine
article. Juries began to decline to convict on the evidence of
inspectors and clerks, unless substantiated by the revelation of the
private mark, a highly inconvenient practice, which the Bank itself
naturally discountenanced. Efforts were made to improve the quality of
the note, so as to defy imitation; but this could not well be done at
the price, and, as the only effective remedy, specie payments were
resumed, and the one-pound note withdrawn from circulation.[5] But
execution for forgery continued to be the law for many more years.
Fauntleroy suffered for it in 1824;[6] Joseph Hunton, the Quaker
linen-draper, in 1828; and Maynard, the last, in the following year.
Public-domain text, read in full here on John Shaqi.
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