Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-11-25
CHECK UP YOUR CASH
counterfeiters Are Busy Sending Out
Worthless Currency.

|
Worthless Currency.
The United States treasury depart
ment is graphing with the most seri.
Gus false money crisis it ever faced,
declared washington correspondent,
according to whose story the situation
has been brought about by counter
feiters and bootleggers working to-
gether. In story sent out from Wash
ington, we are told that cellar engrav-
| ing plants in big cities all over the
country are pouring out an endless
flood of counterfeit bank notes, reach
ing into the millions. Bootleggers and
rum runners use. the bogus money to
pay for the liquor they buy from
mountain moonshiners in the south
and liquor dealers on the Canadian
border. These victims spread the false
money broadcast Almost daily the
secret service staff of the Treasury
Department uncovers a new counter
felt. But no sooner have the false
notes been rounded up than the en-
craving plants pour forth fresh sup
ply. Cooperation between counter
feiters and bootleggers has permitted
the counterfeters to float poorer notes
and in greater quantities than ever be-
fore. Here's how it works.
A bootlegger goes 70 the mountains
Of Tennessee to buy up a consignment
of moonshine. The moonshine is de-
livered and the purchase price paid
in a forest under cover Of night. The
inc the money. Ard it's not probable
that he'd detect its falseness II he
could. Later, when the moonshiners
false money is detected at a store or
bank he doesn't dare complain. So he
takes his loss and says nothing.
1t works similarly on the Canadian
border. Canadian bankers and mer-
chants aren't as familiar with Ameri-
can money as bankers and merchants
on the z. S. side and the counterfeit
bills travel long way before they're
detected. Then their source can't be
traced.
Two methods of counterfeiting have
been used most curing the past few
months. One is raiSrg bills That
means making.a SO or 500 bill out
! Of a 81 by pastng one or two cphers
after the Il This usually ia very
clumsily done and can be easily detect
ed Many combinations are possi
lie in raising" Two dollar notes are
raised to $40 and So to $50 Hundreds
of raised notes Of $50, $50 and 500
denominations are in wide circula-
tiOn today.
The other method IL si.lltt'hg =
real bill into two parts, pastng two
halves of counterfeit bills on the two
genuine halves and thus making two
bills out of one, each with one side
that will past muster at he most eX-
acting bank. Thousands of dollars in
bills o. this type recently were put
into circulation by a countcrCeiting
gang at Philadelphia.
Counterfciters usually work in
groups with each member assigned
| his own special task. COunterfeiting
is confined largely to bills, although
a few old hands are still making
counterfeit coins. These are produced
| from molds and are more easily detect
ed than bills.
However, the public is not helpless.
| 1t is possible for any one to protect
! himself against being victimized by
counterfeiters. From the standpoint of
the individual. it is merely a matter of
keeping the eyes open and carefully
examining the cash that comes into his
possession. The secret service staff Of
| the United States treasury department
has issued the following statement, ad-
vising the public how tn protect itself:
"Scrutinize all bills closely. Hold
genuine note to the light and observe
/ the fine silken texture. If you receive
n note with coarser texture or with
blurred outlines on the design it's open
/ to suspicion.
"You can detect raised notes by re-.
mcmbcring that SO bills bear picture
/ of Jackson, $40 of Cleveland, $50 Of
| Grant. 500 of Franklin and $500 of
Marshall.
Don't depend too much on the ring
I in detecting false coins. Run your fin
ger over the face. If they stick the
coins genuine. If they slide easily
they may not be-"
- Pictures speak all languages and