The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-03-21

PEEP INTO THE BANK OF ENGLAND
Inc Bank OF Eng land must be seen on the insida
as well as out, and to go into the interior of this
remarkable building, to observe the operations of
an institution that exerts more moral and politi-
cal power than anv sovereign in Enrone ror
must @ nave an order from the Governor of the Rank
Inc building occupies irregular area of eight
acres OF ground-an edifce Of no architectural
ppeauly! with not one window towards the street,
Deing hghted altogether from the roof of the en-.
closed area. " " 'no eh'
was led, on presenting my card of admission.
lhto private room, where, after a delay of few
moments, messenger came and conducted mo
through the mighty and mysterions hm;Idirn W
Down we went into room where the notes nf the
bank, received the day before were now evaminad
compared with the entries in the book and sto we'd
amay. away. ine bank OF England never issues the same
note second time. 1t receives, in the ordinary
course OF business, about fS0O 900, or 81 600 0O6
ualy IN notes; these put up in parcels accordin
70 their denominations, boxed up with the date of
.ieat reception and are kept ten years, at the ex
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
sh hoLu arlse' concerning the payment of any note,
the pank can produce the identical bill
10 meet the demand for notes so constantly used
up, the oahk mas Its own paper-makers, its own
printers, lts own engravcrs, all at work under the
same ROOF, and 1t even makes the machinery bv
which the most of its work is done A cnmnIica
ted but beautiful operation is register EXTENDING
from the printing office to the bankinpofIices
wRicn M marks every sheet of paper that is struck
Oh from the press, so that the printers cannot man
ulacture single sheet of blank notes that is not
recorded In the bank. On the same princple of
neatness, shaft ismade to pass from one anart
ment to another, connecting clock in sixteen bus
mess wings OF the establishment, and regulating
them with such precision that the whole of them
are always pointing to the same second of time
In another room was machine, exceedingly SIM
pie Tor detecting light gold coin. A row Of them
n uropPea a one by one upon spring scale. Ii the
rose to certain height, and the coin slid off upon
one side OF the box; if less than the standard
it rose little higher and the coin slid off unon
ane otner siae. asked the wegher what was the
hands, and strangely enough he said it was a ones
tlon he was not allowed to answer
Inc next room l entered was that in which tha
notes are deposited which are ready for issue
"We have thirtytwo millions of pounds sterjing in
this room," the officer remarked to me- tfv;lI Ton
take little of it?" | told him it would ba vaStl~
agreeable, and he handed me a million sterIingy
which received with many thanks for his liberal.
ity, but he insisted on my depositinp it with him
again, as it would hardly be safe to carry so much
money into the street. | very much fear I shall
never see that money again. In the vault beneath
the door were director and cashier counting
bags OF gold which men were pitching down 70
them, each bag containing thousand bounds ster.
ing, just from the mint. This world of money
seemed to realize the fables of Eastern wealth and
gave me new ana strong impressions of the magni-
tude of the business done here, and the extent of
the relations of this one institution to the COM
merce of the world.
A BAD PLACE FOR MoRALs.-Hon. T. B. Sedp
VICE VICE mas written the appended reply to note
Snlch ne received from a clergyman asking his in
Nuenee TO obtain a subordinate cerkship in the
Mew MeSd aork Custom House for his son, youth he
a never mad occasion to punish, and never knew
Oh MS oeing guilty of falsehood:''-
po A. :, SYRACUSE, March, 1861.
hev. Mr.. My Dear Sir: If you have a SON
S VINO Wont lie nor steal DON'T for Gods sake, put
him IN the New York Custom House; he wopld
soon lose those qualities there and get other habits
not half SO vlrtuous Still, if you are inclined to
put temptation in his way, instead of being careful
and prayerful that it be removed from him will
give him letter, provided any friend of mine is
appointed Collector. -'Ae 40
Very truly your friend and the friend of vour
boy, T. B. .SEpew,SK
Hon. Waldo p. johnson, the newly elected Sena
tor from Missouri, is Virginian, and son of ex.
Governor Joseph johnson.