The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1853-08-09
Counterfeit DetectOrS and Bank Note
Reporters.

Counterfeit Detectors and Bank Note
Reporters.
1t appears that the business of publish ing
Counterfeit Detectors and Bank Note RepOr-
tiers has proved, i'm most instances, very pro-
ftable, but it does not appear that the money
has in all cases been honorably or honestly
made. Our readers are aware that various
attempts have been made to force upon the
community "shinplaster" currercy-once
from Washington, again from Illinois; next
from Georgia, and more recently from Mem
phis, Tennessee. In all cases "Bank Note
Reporters" were engaged to quote the paper
with par currency, and thus secure for it
circulation among that large portion Of the
community who are not, nor cannot be cor
rectly informed as to the character of the va
rious Banks that are issueing paper. The
publications referred TO have been relied up
on for correct information in relation to Banks
and thus they can, when controlled by dis
honest men, be used with great advantage
to the utterers of illegal currency. A pub
lication of this character in Chicago, Illinois,
is denounced by the press of that city as un-
wor by Of confidence. Goodman's Detector,
Of this city, (not now published. nor liz any
way connected with that respectable Bank
ing House whose name il bears) quoted the
Washington, ID. c., Shinplasters last Fall on
u footing with legal issues, and the publishers
were exposed; and now DIR. John s. Dye,
of Dyes Bank Note Mirror, has been detec-
tedin similar scheme. This notoriety by
the press of this city, and it had acquired
very extensive circulation; but now that
the character os its publishers is known, we
may predict for it rapid decline.
The extracts below. from the Gazette, E9-
quirer and Commercial, indicates the present
standing of"Dye's Bank Note Mirror" in this
city.
SCHEME TO PLUMBER LABoR.-An article
with the above caption appeared in the Ea-
quirer of Sunday last, and was copied into
the Commercial Of Monday. We have been
waiting, before giving it further publicity, to
see whether the parties implicated would
make any statement exculpating themselves
from these grave charges. AS no such state.
lment as been made, we presume the charges
are substantially correct. We publish it the
more readily because one of the journals i'm
plicated has freely made use of our columns
to bring itself into public notice, and we have
thereby been assisting it to some extent to
practice fraud upon the community.
| Gin. Gas.
In the latter part Of last month we alluded
n c r local department TO the scheme, then
nported to be on foot i'm this city, to get on:
paper circulation for the "City Exchange
Company Memphis, Tennessee. After the
irst notice we were empha'ically assured
tat our suspicious of the character of the de-
syn were unfounded, and that also that it
vas a regular chartered Institution. We now
are impressed with the belief, by such facts
Is are in our knowledge, that it is our duty TO
lis community to allude to the matter again
aid in such manner as will head off what
ms all the outw ard semblance OF deliberate
attempt to impose upon innocent people; the
iorkers, of course, for shrewd traders are not
t. be caught with such chaff:-a ,oortdIess and
rlten piid cat' or catansount currency!
We have now before us a bill purporting
tcbe 81 bank note, signed "B EMERSON,
Cshier," finely engraved by "Rawdon.
Wright, Hatch g. Edison, CINCINNATI and on
excellent paper, which is one of these issues
seat out July l. th inst. 1t reads over the
to C''Chartered by the State of Tennessee,
Jauary Goth, 1886" BANKING HOUSE OF
JON s. Dye, Cincinnati, pay the bearer One
dollar, and charge accounted the CITY EX-
CHANGE COMPANY, Memphis
What was the chartered by the State Of
Tennessee" fort A letter from Memphis,
daed l4th inst, advises us that
The City Exchange Company had no
chrtered rights to issue notes as money
ItSriginal charter was for building an En-.
chage Building. An amendment year or
tw ago, ALLOWED II TO DEAL IN COAL in |
puiuance of which they issued notes of 8
| ndS2 PAYABLE IN COAL" DC.