The miners' express. (Dubuque, Iowa) 1849-1854, 1853-09-07

sesssting sccountof this gigantic instisusion. He
ssys ~
h1ss BEEN sastme mrs. interesting and
168l Tu6t ivo r 1lI 5othe Bank Of England. Far
y 4 t6slhe interior Of this remarkable
- n re the opetsticps of an institu.
In III TED nose moral aud political power
- M y MID tns E1Fope, you must have
I u MI llsE7 3aSeTNor 81 IL Bank, and
Nh 4 te<5 + III 1hrcueh The Earings, whose
Iio36eS H. 6elttly that of Mr.. Sturgiss have
ri n1lnx&l n Experienced. The Bank building
eocupssS IN irregular area Of eight acres Of
Rfound on evidence Of no architectural beauty
srith not one window toward the streets, being
lighted altogether from the roof Or the enclosed
areas. The ord nary business apartments dif-
fer from thase in eur banks only in their cx :
tent, thousand clerks being constantly IN duty,
and driven with business at that. Bat to firm
an adequate idea Of what tie bank is, we
must penr trate its recesses, it's vaults AMI Off
ces, where We shall see such operations as are
not known in Wall street. | was led, On pre-
tenting my card Of admission, into private
room, where after the delay OF few moments
messenger came and conducted me through
the mighty and mysterious building. Down
we went into room where the notes Of the
bank received yesterday were now examined,
compared with the entries on the books, and
stored away. The Bank Of England never is
sies the same note second time. ltreceives
In the ordinary course Of business about ESQ.,
QUO, or mo-, daily in notes these are put
up in parcels according TO their denomination,
boxed up With the date ofther reception, and
are kept ten years at the expiration Of which
period they are taken out and ground up in the
mill which ! saw running, and made again into
paper. If in the course Of these ten years any
dispute in business or law suit should arise con
Of mi u anil rs N
produce the identical bill. To meet the de-
mand for notes SO constantly used up, the bank
has it's own paper-makers, its own printers, its
own enprayers, all at work under the same root
and il even makes the machinery by which the
most of its own work is done. complicated
but beautiful operation is a register extending
from the printing offices, to the banking offices,
which marks every sheet OF paper which is
struck off from the press, so that the printer
cannot print single sheet OF bank notes that is
not recorded in the Bank. On the same princi-
Pile ofexactness a shaft is made to pass from one
apartment to another connecting clock in six-
teen business wings Of the establishment, and
regulating them with such precision that the
whole ofthem are always pointing to the SINE
second of time
In another room was machine exceedingly
simple for detecting light gold coins.-A row of
them dropped one by one upon spring scale; il
the piece Of gold was of the standard weight the
scale rose to a certain height, and the coin slid
off upon one side into box; if less than stand
ard, it rose little higher, and the coin slid off
upon the other side. | asked the weigher what
was the average number oflight coins that came
into his hands, and strangely enough he said it
was question he was not allowed 10 answer.
The next room entered was that in which
notes are deposited which are ready for issue.
I'VE have thirty-two millions of pounds ster-
ling in this room," the officer remarked to me
s.wil you take little Of it," told him it
would be vastly agreeable, and he handed me a
million sterling, Give million of dollars,) which
! received with many thanks for his liberality;
but he insisted on my deposting it with him
again, as it would be hardly safe to carry SO
much money into the street. very much fear
that never shall see that money again.-ln
the vault beneath was director and the cashier
counting the bags of gold which men were
pitching down TO them, each bag containing q
thousand pounds sterling just from the mint
This world Of money seemed to realize the ia
bles Of Eastern wealth, and gave me new and
strong impressions Of the magnitude Of the bu-
siness done here, and the extent of this one in
stitution on the commerce Of the world.