New-York tribune., 1908-05-17
HOW AN ATTEMPTED ALTERATION AFFECTS SAFETY PAPER

drawn on banking institGtions where no account
exists. The latter named succeed in their fraud by
taking advantage Of the credulty Of their Vlcums
not by forgery.
In order 10 furnish an answer to the query. often
propounded. If the financial institutions pfoiecIed p
and gather reliable information concerning tie
usual methods Of protection against forgery, an
inNesti isati ion was made among number OF banks
trust companies. railroad and express coInpanleS
and other institutions conducting large money
transactions and exchanges of currency iiioueI
the medium Of letters of credit bonds certinca't- g
Of various sorts cheques drafts. nlolca 7,,e
any paper involving money consideration ne
result oi fhs inquiry eaus 20 ! TT Lesser
while many Worig hhoNh list. sIsir-+
ones also excellent means of precanuon healnNt
in the business world in general concerning ms
very important subject Most of them are IN
nnca'eu pic a. - Herr Work stock Exchange re
o1res. others pin their faith to the familiar safety
6l,ncf: others 10 indelitle ink used with another
fern OF hank Pu9G 95Pr sga69 5o she the lat
1er relv entirely on their photographers or the
- oci5Trong Taper and the radical and vital
difference between safety tint and safety psIer
IS generally understood As matter oi 10 .a'.,
safety paper made in this countSy Is used TO =
great extent in banking circles and fmpioyed ny
MANY first class lithograIherS ana EeHei0i vi
generally known that safety paper not only So'{ns @
the problem at hand hut Is also an ian irreii m
irv and resource. which chiefly accounts for the
gradual passing Of the forger
ro sn American Of Scotch descent George la
Monte whose galiczed spelling of the Scotch La
,,,oD1 may Il,oFa bly, ascTibed 10 ancestor 8
fancy Al that period Of English history when Scot
and Frcnchrlan were allies. belongs the credit OF
The safety paper principle To him. also is Justly M
due credit for deyising special machinery ana Tor
the discovery Of process a trace secret pE @ mn
safety paper treated during the course OF llianu
facture. For many years the product OF lhe Nu54e2
and Brooklyn factories mas 6ea Sa3nr canes
New England mills. both produeis bene USES, usSu ~
rbe Tinted states government and most banhnole
companies. Mr.. La Monte began TO make MS sale'!
bsS~ features are special secret treatment
"A 1eculiarity surface designs and also C@l1
characteristic differences in texture and leel.
The 1rst for the purpose preventing acid or me
chanCal erasuTe. is based upon tne pTcllhe ual ~
1nanllfaciure with combination of chemicals the
bsss of which is identical with that Of The COM
made Of combining the viii he q perfect union
tiil's 90 S7,5etec+ed erge eIlre while the
-brd is mainly useful in protecting the consumer
against imposition. once he becomes familiar win
The special qualities Of safety paper employed Tor
Thoush widely used by many g2yeTnn3enHtis ga II
La Monte OF the inventor the use OF saltls ~
LeoseS 70 which il might wisely be employed
ss preca drioDary measure. Our paper is used
o} ~ me eo,eT8ments in Gu6a the Philippines,
Panama. Japan. Mexico. England Sweden ana
.safety raper has Of late wears quietly made its
vsT 10 INC front and solved the problem Of pro
effo7 against fraud II is matter Of interest
1o Ihe business public. not merely TO the banks
o. rla trade because il viii perform efficient ser
,fre II called upon hy those who need il The day
~ the forger is gradually passing awag; ana ne ne
versally employed not only IN eankang aTlars ] nrr
important documents OF any staracleI- i.s i-hIE
sheet or scrap Of paper We manufacture IS rigidy
~to,!nred for and recorded. 1t s not possible Tor
any outsider TO obtain il for any purpose what
rceuer. and ofer 10 give a bond 10 tnat che'l;
,tehn,ent in this city which executes large con
tracts for governments and corporations. II N<S
I'D safety
quantities for money orders. checks and vouchers
s,eut he radical difference between safety tints
snd safety paper. Usually the printer was dc.
pended upon 10 furnish an acld PROOF papeI' p & Or
ifn IA vnan usually calls il. That tests were ever
made aside from oTs snose ev 6e ' doubted Tnquestion
ably printers would be only TOO gao 10 use saes dt
Hs 81 Homer lee president of the Homer Lee
arc authority in eYer31hlns rela1ime 10 to eese
one Of deep interest TO me, both from profes-
.ional and personal standpoint. Safety paper IS a
ZslsTable adjunct to the various protective means
Which hanks and corporations use, and am in
favor Of its general adoption: am familiar
So naper on the market. standard for its
= name indicates for bonds and valuable docu-
rfen,s and the paper money Of various govern
More one delves into this subject the greater
is the conviction that many losses tnr0nge 1pa 1eq
7jyersaiIv employed whenever the altering Of the
,err Of The document might adversely affect some
o1e Tjttle has been said of the question OF ex
rense because while safety paper costs a tr1he
more the percentage is so infinitesimaly small IN
no1TrarIsor with the amount interest involved
nat II is hardly reasonable factor 1t would al
mays be the cheapest form OF insurance. IN any
case n many countries typewr1tten contracts and
agreements are not legal but must be written in
long hand. on stamped paper-a government reve-
nue. This paper is usually coarse white rag
sahric on which, however, changes and alterations
have and can be readily made by experts.
Thus when the Use Of safety paper becomes more
.en.ral and not TIL then. will forgery become
5osf art unless one chooses 10 ignore opportunities
,3ffered and. certain frenzied hnancier whom
80 int. lie ed q
chance on The blamed grafters." and. as in the
ancient tale close the stable door after the horse
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