Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1875-01-06
The Flour City National Bank of Roches


/ The First National Bank of Philadelphia
/ The Market National Bank of New York
| The City National Bank of Poughkeepsie.
The National Bank of the State of New " rk
The First National Bank of Poughkeepsie.
The Saratoga National Bank of Waterford
The Albany City National Bank
The Merchants National Bank of Chicago.
The First National Bank of Red Hook.
/ The Highland National Bank of Newburg.
The Traders National Bank of Syracuse.
! Of the So counterfeits we have in cir
culation notes of the following banks ::
The Westchester County National Bank.
The Marine National Bank of New York.
! The Ninth National Bank of the City of New
York.
! The Market National Bank of New York.
| The National Union Bank of Linderpark.
! The st. Nicholas National Bank of New York.
! The National Bank of Rhode Island, Of New
port.
The National Union Bank of Undertook.
and others.
The Secretary of the Treasury APP
/ pointed committee, consisting of John
J. Knox, Comptroller of the Currency;
j. IL. Robinson, l.. D. Moore, and P.
Hammond, for the destruction of coun-
terfeit plates, and no other committee
has ever been appointed for that pur-
pose. The committee met aud reported
on October Is, 1870, that among other
plates, fractional currency, etc., melted
at the Navy Yard, they destroyed the
following national currency plates
S5-Face unfinished, captured from John
McLees.
Stint unfinished, captured from Charles
Ulrich
$10-Face national currency, title of bank
omitted, one piece.
$1O-Face, back, tint and SEAL First Nation
al Bank of Philadelphia. four pieces.
Sensational currency, title of bank omit
ted; also plate with title, 'The Merchants
National Bank of Chicago" three pieces.
$20-Face, back, tint and seal, the Fourth
National Bank of Philadelphia, four pieces.
S20-Face, back, tint and seal, First -
City of New York, four pieces.
$5O-Back of National note, vignette, De-
parture of the Pilgrims
National Bank of Boston; also title engraved
on separate plate, 'The Ohio National Bank
of Cincinnati, four pieces.
S500-National Bank, back and tint, with
$500 counter of face, three pieces.
These were the only National curren-
cy plates destroyed, with the exception
of one or two photographic stones, con-
tanning S. National currency notes.
At the office of the Chief of the Secret
Service are $40 counterfeit notes of the
National Bank of the City of New York,
so notes of the Farmers and Manufac-
notes Of the Ninth National Bank Of the
City of New York. These plates were
all captured months ago, and have not
been destroyed. When Tom Ballard,
the notorious counterfeiter, was arrest
ed, the detectives captured twenty three
national currency plates of 50, SIS and
$50 notes, many of which were electro
types, embracing the titles of many of
the national banks. These plates have
not yet been turned over to the depart
ment, being retained for the present by
the parties who made the capture as evi-
dence against Ballard and his accom-
plices.
The Comptroller further says that the
present system of asserting in the
Treasurer Office affords an opportunity
of withdrawing from circulation, as au-
thorized by law, the genuine notes of all
banks of any denomination which have
been successfully counterfeited, and
believes that by availing himself of the
opportunity he will be able, in great
measure, to defeat the operations of
those engaged in counterfeiting the
National Bank circulation; to which
the Printing Bureau replies that the
effect will be to withdraw the currency,
and drive the counterfeiter to change
the titles of his plates to other banks as
fast as those already counterfeited are
withdrawn.
But comparatively few counterfeits
pass the eyes of the ever-vigilant bank
officials, and when rejected bv them
they again find their way into the chan
nels of trade. Consequently no .ssys-
tenn of asserting" will exert any mate
rial effect i'll riding the country of Ma
tional counterfeit notes. The officers
OF the Bureau OF Engraving hold that
the only way to protect the currency of
the country from the numerous coun-
/ terfeits on National Bank notes now in
circulation, is to engrave the new Sc
ries of plates in contemplation for sew
eral years. A new issue in exchange
for the old would render the plates now
in the hands of the counterfeiters worth
| less, and the new notes would be de-
signed with the view OF increasing the
difficulties of the counterfeilers in their
attempts to initiate them.
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No UNCERTAIN SoUND.-When a man
discovers a great truth, it is his duty to
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