New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-03-23

london papers Of the third and fourth
are s.. hand with the following detail. of
the great fOrgeries ON The B,hk Of Eng'4nL:
Ii was discovered on Saturday Iha, Hill,
TO an enormous amount had been fCrged
upOn all the principal house. in tho &. ' O..
London, and that these bits had bee iii
counted at the West Emo branch % Tbs
Bank of England in Burlil gt0n Gara. n .
which does an entirely DIFF, rent kim: a.,
business from the parent establishment. III
the civ. It is intended for convenience uf
gentlemen and ladies and West End traG -.
men " no nigh: find il Inconvenience - ior =.
ney 70 the city in order to transact their o..
casional business. 1t is not, tn. rpiOrr, or
diuarily concerned with large bill transac-
lions Of the city commission, and in cGnse-
queucs is less bound by strict regulations
III dealing with any hnsiAe Of that nature
hich might accideutly be brought to it,
The CUnspiratOrs must have been aware
% lhis and they laid their plans for an
preaching the Bank of England bv this
weaker portion ct Its dCfenses. Wa1rcr
an American, who managed the plot. was
in no hurry and took care to gain good feel
IL before ne yentured on his ultimate en-
telp:ise. lie behaved for some time past
like an ordinary customer Of good resources
He drew upon his balance and renewed it.
but kept it always at d good figure After
q while he deposited some bills; they were
good and genuine bills: still he was careful!
not 20 be hasty, and he continued his tran.-
actions with the bank until he had acquired
a reputation of person engaged in legiti-
mate commerce end thoroughly trust
worthy.
At length the moment came Tor The pre-
sentation of forged bills They were dis
counted without hesitation, and the authors
of the fraud had to all appearances eucct ed
ed safely in pocketing about 100000. Al!
these arrangements were masterpieces Of
ingenuity and pate nee, but the bill. them
selves must have required the greatest
amount of labor IN the first place. many
large firms, upon whom the bills purportea
TO be drawn, are in the habit of using De
Culiar kind Of paper. with certain water
marks and printed matter. All this would
have to be initiated, and as the bills were
drawn on more than one firm, there must
have been seyera! such limitations. There
remained the drawing of bills and atiixing
OF signatures. and each bill must have re.
ouired a series OF feats in successful forp-
ing. Some bills were backed by several &C.
ceDtors. 70 tina. there might easily be "a
many as half dozen single bills; vet the
bills were 90 perfect that not one OF them
was questioned on the ground OF the &C
ceptances not appearing genuine.
But the men who had eXerteL a skill
foresight and perseverance sufficient to in
sure unhesitatlng acceptance of forged bills
could not escape on trivial bIunder which
revealed their plot. They presented two
oils on which the date of acceptance had
been omitted. Inquiry was of course mad.
OF the firm whose acceptance was thus up-
dated. Il was discovered that the bill wa.
not genuine, ana the whloe serie, were
then .ound 10 he forgerie.. How much
further the plot would have been carried il
~ Impossible 10 say Advertisement. pub
Ii.hed caution bankers, brokers' and all
other persons against dealing In a number
OF United States tive-twenty, ten-fortv and
funded loan bonds amounting to S237 900,
they, it Is alleged, having been acquired
out Of the profits of the forgery. The los.
to be Bank Of England is stated At ESQ. 600
The ROthscbilds is mentioned ss one Of the
drns on which forged drafts were drawn.
Ia. &c ethe- names are given.