New-York daily tribune., 1861-08-11
THE COUNTRY Y FLOODED WITH COUN-
TERFEIT BILLS.
rros The Albcnu Joayaal, loA.


re far the most extensive and successful operation
on the mart of shrewd counereiter, ever revealed,
was brought to light yesterday, by the SonoiK bans
Boston The plans OF the Operators We're 30 shrewoy
laid And the system of defraudng the public 80 sue
cesafnIy MANAGED that before u was discovered the
banks 10 Troy, Ballston Spa, Saratoga Springs ana
West Troy, were demanded TO the extent of s2,ooV
by taking counterfeit s. and $40 oils on the fresce's
Bank, Lowell, Mass.
The first intimarion that snch counterfeis were in
circulation was from a telegram TO the Commercial
Bank IN this city from the Mutual Redemption BANK,
Boston, to the effect to refdse all tis on that BANK
The Asserting House in this city at the same time re-
ceiyed a dispatch from the Suffolk Bank, Boston, TO
the same effect. Tbs was followed this morning by
return of a package of IL 800 ON this bank, all of
which were stamped " counterfeit -
They are by far the dangerous counterfes that
have recently been pat 10 circulation. Mot OF these
bills were received without suspcion, ad In Cares OF
doubt, scrup,s were generally disps He'd by the man.
per IN which they were put IN circulation. Thus IN
racksge of a hundred dollars or more the bills would
be Of different dates, some apparently OF recent ss1S
and others Of previous years. Some Of them had tb6
OF bills that had been In circulation for
months and years, the edges worD, the paper dark.
ened pn-hales in the CENTER private marks upon the
back and ohey evidences OF general circulation. In
fact the bills are -simile of the genuine notes on
the benk ard so artiscaly executed that all will do
well to follow the advice siyen oy the Mutual he.
this city: Refuse all bills on the tyesco't Bank Of
Lowell Massachusetts"
Tie fves have q vignette on ,he left hand Of the
bill Of female recIi ing tn her resting on o
bale and her hand TO Iching spinning wheel; behind
her Is bogshead, and in the distance factories. On
the right Of the vignette 10 large, shaded figure s;
and on the right of this Goddess OF Liberty with
her right hand extended, holding q wreath and her
left resting on figure s. with that hand holding
q sraif snrmounted with cap.
Tie bill before reads as follows: "The Presi-
dent, Directors, g. Co. Of The Prescott Bank viii
Pay five dollars on demand to the bearer Lowell,
July |, 1855. A. S. Tyler, Cash, Joel, Adams,
Pres"
The tens have vignette on the left of female
sit ing with her left hand raised holding wreath
the head Of spread eagle, her right hand holdDg
q medallion picture Of Washington and staff Of
Liberty. The eagle is graspDg shield, and In the
distance is train Of cars crossing stone bridge. On
the right Of the vignette s large shaded K ard on
the right of this figure 10, " Massachusetts" and
on bow, aud in bis right holding arrow, with the
point pointing upward.
Most of these bills likewise contain In words, the
denomination, in red letters beneath the OF tie
bank.
They pnrport to have been engraved by Rawdon,
Wright. Hatch Il Edison, New York. for the New.
England Bank Note Company, Boston.
Where these bills were manufactm med, can only be
copjectured They have not been printed from IN al
tered of any other bank, but fac-simile OF the
genuine bills now In circulation. The counterfei!
10 perfect that they taken in large quantities. b
four banks, within 40 miles Of this city. Three OF
these bauks have each taken $500 Of these connter'
feits and one short distance from this city, 10 20 un
fortunate as to have 900 to be charged to profit ana
loss account,