Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1852-10-14
H72# FNETnTnIT 7uNy THgDN 0077FR M&
T'he Bank Of HngIand.

-
/ ,I'he Bank Of England.
The.Bank k of England Is an I'M
mense-structure, covering five acres
of grotpd, having no windows in ei.
tther of its fronts, but leceiying light
from ;alJove, or from il ) courts. i
tis- oyah for business at nine in the
morning, and continuds open unit
five i'll tie afternoon employing du-
ring these hours between nine hun
dred ;od oue thousand persons. Al
seyehC clock in the q dyening a de
/ tacbment Of soldiers are marched
from Tie Tower into tie Bank
where they mount guard uhtil sever
O'Clock the next morning
Tho Bauk has a capit tai Q eighteen
millions Sterling, and is MAJ haged by
Governors. Sc. It's notes IRE never
r..-isssled by the Bank, after being
Il resql tcl l9r payment. They may
dbntiliue ii circulation for any time
and pass from one Bank to another;
dut when presentedto the Bank for
specie, the name Of the person pre-
sentidg must be endorsed, with his
resideiIce; then after careful exam
ihation, the note is paid and cancell-
The printing, binding, sc. requirr-
ID bv the Bank and its branches are
done within tile building by the
most approved methods. The steam
dresses and all The machinery are tlie
b4st tba8 can be obtained in Eng
had or Scotlanl.
so'admiraJlY arranged is every
Cling from 9he engine room to the
+Baak pafl.i ~ t,ll.at every room re-
+ $embles Il bea6tltul toy-shop. NO
.'Est6kcr' or engine 'driver IS re-
qaireli toattenl , the fire OF look al
Ter tae engine during the day. The
Gre IS led In tht, same manner that
vheallis ground. In the morning
sufficient quantity is put into the
chopper" and that sends regular
supply into tie CRATES or STOVES
and nothing farther IS required
{ TAO ,e,far i s,if,ulied in the same
way: and sI6uid there be any " Pnt
.ofwater, by aecile Mt or otherwise
an alarm is sounded by whistle.
Elch aote is printed ON what i;
called one sheet ofpaper; the loves
denomination is five pounds, tht
IhigHqst one thousand, The paper !.
lfr5t counted TO those whose duty i
lis to.,.wet il down" THIS is done BY
n steam process. After the paper i
I'm proper state 10 be worked, 1t /
Ilochel up ID boxes and sent to al
/ ofiedr who receunts it. 1t is thel
courted again in parcels Of one hun
dred sheets, and put in boxes, whiei
ale locked and plaeedin q sliding cas-
r.ady for tie pressmcn, who are a
work. above. These sheets are draw
Inp j ia printed. and returned in th'
same manner; every sheet WORKED
rooisters itself. and tits asWell know
II tbe room below, what number a
r il nrintine above, rs by himself
liz by accident, A .IB. f.spoils asheet,
1T must be marked as SUCH, and ey
dry particle, Of the sPoilt sheet sen
down. Every note or bill passe
through tie hands Of two sets Q
/. pre5smen. First, they are printe'
withoab the number and date. See
ondiv. the number ahd date are add
Ia, wIen they are rRady for the fin
ishing touch, thp sighature Of one o
the cashiers. One Of the most inge
nioas pieces Of mechanism ] have ey
or seen is that used to mark the mum
her on each bill. There is no chang
5f number by hand, but all is don
By this machine, and by steam pow
or.
when the bills have passe
4 through the hands Of the printer
they are sent to the drying room
where they are agam counted an
dried; they are then put up into COZ
venient packets and sent to the e, casl
ie,.'s room for signature. Theme
they go to the register department
and from that Office are brought pac
TO efthe Treasury. dere they IL
, kept in fre-proof iron c4ses' Wnle
aor4r all the sides of the room
Tbe room Itself ia frc-proof, ther
beino onlv one thing that ca
burn, the counter. On one fIde
this room the eases are filed W.T. I,
cold, tied up in bags, and on the ofi
Ter the bills in packages, ,e0nvenler
II - JItf.nrn q I