The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1853-08-30
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q HsseMIk s,d lssns i;saatas
eonFss spoisd lent lie y; lorl
' lbsc 81. = 81 IN " s
listac ;beens iaasiag d most inter
est ali inst trj,ct yeSYisit to, the Banl;
of Eng Ear admission into the
tslips of this remarkable building
the SEPARATIONS Of aninstitu:
lion Hat eSe efts:n moro moral and politi
4 Cd tlallany s. sovcrcign.in Europe
mus have an order from the
geyeInor of tile y Bank, and this vas
ven tome eithro,igh the Barings, whose
llssiip9ness especially that Of Mr.. Stur.
sslss,, sllaHe constantly experienced. ~
lhes Bank buildings occupies an irrcgu.
oigafel otaeiyht acres OF ground; an
cdificesof mo architectural beauty, with
not ono window towards the streets.
beingsl lighted altogether from the root
Cor the enclosed areas. The ordinary
business apartments differ from those
our banks only in their extent, Il
N thousand clerks being constantly on
duty, and driven With business Il, that.
sBntstoStSifln an adequate idea of what
SSt the Bank is, we must penetrate its
paultssnnd Offices, whore We shall see
such operations as are not known in
4all lsstreet. l was led, on presenting
card Of admission, into private
boIn, where, after the delay of few
85lIi oments, 20 messenger came and con-
stl9cted me through the mighty and
IN lyst terio,ls, building. Down We went
n iil IL room, where tho notes Of The Bank
Received yesterday were now cxan,in-
&c, compared With the entries on the
book sand slowed away Tie Bank
sSt Eng and nescr Issues tie same note
lsS coaa tne. ltrcccivcs in the o.di,
mary course of business about $500
II 600, or Sd, 100000 daily iunotcs; these
are ppt4up i'll parcels according Ia their
denomination, boxed UP with The date
.s&slf tlieir,S;reccption, and are kept ten
@ Years; at the expiration Of which per-
siod they are taken out and ground
upsin: the mill which saw running, and
made again into parcr.
fin the.coursc of those ten years
amy dispute in business or lawsuit
should arise concerning the payment
SSofsanyS note, the Bank can produce the
iaenticalbil. To meet The demand
tols notes so constantly used up, the
bank has sits own papcrmakcrs, its
own: printers, its own cngravcrs. all the
8Innchiilery by which The most Of its
own work is done. a complicated
ssbutsbeautiful operation is q register
" sSeStending from the printing offices TO
the banking offices, which marks cv-
cry sheet of paper which is struck of
from the press, SO that the printers
cannot print asingo sheet Of blank
notes that is ot recorded in the
bank. On the same principle of ex-
aasactness a shaft is made to pass from
one apartment to another, connecting
O'Clock lin sixteen business wings Of
thes establishment, and regulating
sthemq with such precision that the
;5SS 8hele ofzthem are always pointing to
S$tlie same second Of time.
IhesneXt room entered was that
.siils@hich the notes are deposited which
Y are ready foriissuc. sWe have thirty
8 two osmiliions of pounds sterlir!g in this
sYouStake a little fit?""S told him it
would be vastly agreeable, and he
handed. me a million sterling, Give mil
lions sEof dollars, which received with
\ ss8sssmany thanks for his libcralty; but lie
insisted on my dcpos.ting it with him
8:;ai 58f:s;asg5ain, ga as it would be hardly safe to
carry so much money into the street.
very much fear that shall never see
that money again. In the vault be
1 meath the floor was director and the
cashier, counting the bags Of gold
which men were pitching down to them,
5 each bag containing Il thousand pounds
H sterling just from the mint. This world
sSof money seemed to realize the fables
sof Eastern wealth, and gave me new
land strong impression Of the mugni-
tnde of the business done here and the
4 85}sextent of this one institution Oh the
s commerce of the world.