The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-14
THE NATIONAL POPULA AR LOAN.
CONTINUED FROM FIRST PAGR.l

90 of eighty by the cmplo mept of tho work.
extra time. Over forty tho lsand impress ions
obtained each daya number tho no other establishment
the world Is able to turn ovt II vas very
for the government that such a mammoth and complete
bank note establishment is in existence New York for
otherwise much time ud have be lost, to the detr
ment of the government service As it rs, the
company is putting forth all its energies to
supply the great demand of tho administration
with tho utmost success, and tens Of thousands |
Of finished notes sent to the capitol every day Owe
million and half were sent yesterday and il is esti
mated that over half millions Will be sent
day The notes, in fact, being regularly sent to
washng at the rate OF two &C. three millions aday-a
fact tha. shows how much effort this establishment is
pablo OF putting forth.
The operations of this Company arc indeed astonishing
Every amication of the establishment is conducted upon
PRINCIPLES OF the utmost ORDER and regularity While en-
poying so much time, morey ana industry in supplying
tie present immense dem and fc government notes. the
ordinary operations of the cnany progress with
tomed precision. Svch &c the reputation which
this company has attafued both at home ard
abroad that an extraordinary amomt of back
notes for every part o the country annually monuac
tured in this establif neGs largo proportion Of the
paper money in CIR u;trn in Canada, the West hdies
and South America is also manufactured here The notes
engraved by this ny finished in style Of beau
~ and neatness 10 surpassed; and is greatly to
The credit Of the estAb lishment that ranks higher
In the European worth than the notes printed in England
France or Germany. The geometrical lathe is
particularly deserving of no.ice. On this finely
contrived q, acnno infinite variety of patterns
tan be engraved, Changing with tho infinite combinations
of which Is is capable, ard with the rotary motions Of
the lathe The engraving nccdle cutting tool chise
remains satiay, while the plate to be engraved moves
below i-the CT mbnaons thus obtained being as beau
tifu as they wonderful. No human hand could en-
such rnslutc lines in such continuously compcat
ed forms, Of which may be in all per
fecnn by the powerful glasses Of the engravers 1t is
a. well to state that this work forms the background Of
fhe expressing the amount of the various notes
During Tire last two years the American Bank Note
company has executed contract for bank the
extent Of over $5 900 for the Russian government and
by the last mail from St. Petersburg another order has
eeen received This dedy the company withsomc
ehing like PRIDE for the Russian government did not
decide in favor Of the American company until scientific
commission appointed for the purpose had reported
the capabilities of similar establishments in England,
Franco and Germany. The notes of the National Bank of
Gsocce also engraved and printed by this company
We publish to-day fac sime Of of the
fveasury notes which printed with the coupons at
tachc for the greater security Of the holders OF stock
Formerly IL necessary to send the note itself to
Washington for the payment Of each instament of in
feros but the present plan Of attaching coupons bearing
we same date anu number oil the note, does away
euch Inconvenience. The American Bank Note Com
pany has given all the facilities the wood engravers
FOR the reproduction of the note which, in its i'm
perfect representation wood reflects good deal Of the
beauty and symmetry of its original.
The plate publish is representation Of the hun
dred dollar Treasury note is of the size and
near fac sime be made wood, and the same
time adaptable to the rapid printing Of the typo aphcal
steam press The original note however, is the finest
artistic finish and in colors, viz-The large thine
&C" behind Omitted States, also the figures $500 IN
tablet in each lower corner prine green the fig
ures lettering portrait of General Scott and all the
pGns, in black ink. The and signatures on
the above of course fictitious having been put by
tho wood merely to show the general appear
OF filling up. The back of the printed in
green with its amount very beautifully expressed geo.
m.tca lathe work and figures. On end of the back
isaso the endorsement and the other end the
interest per day--viz: two cents the 500 note
The public viii perceive that the coupons are num-
bered and dated expire every months and can be
readily cut of and presented to the branch Office
for payment at the times OF maturity. The various
nominations Of Treasury notes bearing $40 per
ierest are now being signed at Washington, and will
be issued to the public in n few days. They
follows:-S50, 500, $500, 81 900 and s. 600
in the meanwhile subscriptions may be received at the
ofice of Mr. John j. Cisco Assistant Treasurer of the
banks The IS, $40 and $40 demand notes without
interest, already in circulation, have not yet
reached the ordinary channels Of trade. The STYLE and
finish of each denomination is different, therefore the
above is representa- N Of the 800 only. The coupons
however, are attached to all the denominations in the
manner, but the interest is specified according TO
The of the face OF the The notes are all OK
ecuted by the American Bank Note Company embrace
the most perfect security against counterctng or alter
-aoI., -.
use of patent indesructbo green coored ink which
THE company have the exclusive In order to give
much popularity possible the publication Of ths
note the associated banks of New York have made ar
rangemcnts so that elecrotyPes Of the above plate
my be had by all other newspapers at the price
OFFS by writing applying to A. II. Jocelyn, No GO
Fulton street, New York.
in closing this article is necessary state that the
American Bank Note Company is an Incorporated nstn
tion under the direction Of Board of Trustees of which
Ttacy r. Eison Esq, is President and chief director
The successful operations Of the company are best mani
Tested in the confidence rcpcsed in it by the government
of the United Republic and by the princes Of foreign
lands Mr. Edison is the central the whole reyo,v
ing system. He is the sole responsible agent TO the
company for the due application of the immense
Investments which tho operations Of tho establishment
demand and, though he is well supported by able asss
t,nts in the operative departments his responsibility
societies absorbed by this company of over forty
years existence and the incorporation of the American
Bank Note Company dates back from the year 1885, Mr.
son is an aTiblc urbane and highly refined gentleman
nnd with such cultivated manners as he possesses there
can be no surprise that the affairs Of the establishment
N their relation to the general public with perfect
order and without let or hndrance of any kind
in roerence'to the subscriptions o&n in the Office
OF the sublreasrer, we have only tosate that no mate
bppn pvpcr nh
ted yesterday in te aggregate amounted 10 upya~ds Of
Million and there not the slightest sign of any decrease
IA the subscriptions.
THE SUBSCRIPTIONS IN PHIL ADELP!uA
PHILADELPHIA, Sept. 10, 1851
The subscriptions to tho national loan at the oGco Of
Jay, Cooke Co.. amounted to-day TO $15o,00a of which
$4,000 wac contributed by the Bank Of Columbia Penn
end $4,000 by the Mechanics Bank of Trenton NJ J.
Sae half the subscriptions were ia sos and slOO's
handei over by old ladies. Some subscriptons v,ero
given, indirectly by children. The total collect ions Of
tins single Office here have been upwards Of $3.50 ooo
tin tint -aotoa f.I.