The New York herald., 1874-07-07
THE AMERICAN BANK NOTE COMPANY.
All It's Employees Discharged Yesterday
What Is Said at the Continental Bank
Note Company-''Boss'' Shepherd Blamed
for - Amir.

Note COMMUNICATIONS" Shepherd Blamed
for the Affair.
Yesterday morning at an early hour the Amer1
can Bank Note Company sltuated at NO. l42 Broad
way, In the building of the Mutual insurance Com.
pany, discharged all its employees, numbering up-
wards of 2oo consisting Of engravers, printers and
eirls-many OF the latter weeping bitterly-on ac-
count of the company having no work to execute.
TO realize the scene it Is but requisite to remem-
ber that lately enacted at Washington, when
several hundred male and female employees Of tho
Treasury were informed that their services were
no longer required. In this case the women did
not faint, because they had been looking forward
for some time TO this catastrophe The American
Bank Note Company Is not in embarrassed circum-
stances, as might be judged from Its action Of
to-day; but "orders' gave out and there was no
more employment for the hands. The dismlssai
OF the employees must be looked upon as CON-
PEELED by force OF circumstances, and not through
any impoverishment OF the concern. The real
secret however, lies in the fact that
for the past two years this company,
It is alleged, has been "buckng" against
Mr. McCartee, OF the Government Bureau OF En-
craving, who has the power OF preventing work
addition to this, according to the discharged en-
poyes, the direct cause or their discnarge
is ''Boss'' Shepherd, of the Washington Coiumoian
Bank Note Company, which takes away the work
this company formerly had They say that ne
charges double rates In his company. Ine oincerS
OF the American Bank Note Company are Mr. !.
e. Gavit, President, and Mr.. T. II. Freeland, Secre-
tary. The men employed rs printers earned from
$50 to $3.50 per week, the engravers an average OK
S35 and the girls sS. -
THE CoNTINENrAL BANK NOTE COMpANY.
A HERALD reporter subsequently called at the
onice OF the Continental Bank Note Company,
whose establishment Is situated at the angle OF
Liberty and Greenwich streets, and gained from
various sources the following information:-We
nave been kept busy OF late In printing S. govern
ment bills and also whiskey labels. We have
about 300 men and girls employed in the different
branches at work. 'BOss" Shepherds Columbian
Bank Note Company has interfered with our
government business considerably for 1t gets. all
the cream of the.work The American Bank Note
Company has had a good deal Of Brazilian and
spanish work, while we have had, among other
orders, q good deal OF Japanese work. In addi-
ton to this we print the government postage
stamps, but not postal cards. We offered. some
time ago, to print ten cent currency notes at $i3
per 900. but 1t gwen, we hear, to Shepherds
columbian" Company at s22 per 1000. Fortu.
natey we have plenty OF orders at the present
moment, including large number OF tickets for
! the Pennsylvania Railroad About year ago the
| American Bank Note Company employed, l be.
heve, about 500 people. The son OF the President
OF that company Is now working In our establish
| ment.