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nd [wm 1798]
To the Bank
Alteration
26
Note will be capable of being altered into a Fifty Pound Note or into a Sixty
Pound Note: A Twenty Pound Note, into a Thirty Pound Note: and so on. What may
be the number of such different classes at present in circulation, and what the
respective sums, I do not pretend to know: nor would it be so much as worth
enquiring: since fresh classes i:e: Notes for sums not at present extant, may
come to be issued at any time.
Forgery in the way of alteration having been practiced, (if I may speak from a
loose recollection derived from Newspapers), and that, with a degree of
temporary success, in more instances than one, the idea of making a difference
in point of general appearance in this view has already, (I am inclined to
think) not only suggested itself, but been carried into practice, in some
instances at least: whether throughout is more than I am informed of .
What I am apprehensive of is – that if, in this view or any other, any such
differences have been studiously made, they are not of such a nature as to be
(according to the second of the rules above given) expressible in words. What is
certain is – that whatever may be the differences, no such notification of them
as is proposed in the third rule is to be found in any instance.
But
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Title: [[Copyist’s hand: part of a booklet, comprising]Description: [Copyist’s hand: part of a booklet, comprising folios 341 to 357] nd [wm 1798] 21 §.4. Of Forgery in the way of Alteration. – [marginal heading:] 4. Classes of Notes exposed to falsification, setting aside the above safeguards. According to this view of the matter, a One pound Note (supposing the appearance as between class and class to be in other respects the same) will be capable of being altered into a Two pound Note, or into a Ten pound Note, but not into any other. A Five pound Note will not be capable of being altered any other. A Forty pound Note will be capable of being altered into a Fifty Pound Note, or into a Sixty pound Note: A Twenty pound Note, into a Thirty pound Note: and so on. What may be the number of such different classes at present in circulation, and what the respective sums, I do not pretend to know: nor would it be as much as worth enquiring; since fresh classes (that is notes for sums not at present extant) may come to be issued at any time. [marginal heading:] 5. In the existing plan the security derived from diversity of appearance is supposed to be employ’d Forgery in the way of alteration having been practised (if I may speak from a loose recollection derived from Newspapers) and that with a degree of temporary success, in more instances than one, the idea of making a difference in point of general appearance in this view, has already (I am inclined to think) not only suggested itself, but been carried into practise: in some instances at least: whether throughout is more than I am informed of [marginal heading:] 6 - but not those which depend on indication of the diversity. What I am apprehensive of is – that if, in this view or any other any such differences have been studiously made, they are not of such a nature as to be (according to the second of the rules above given) expressible in words. What is certain is – that, whatever may be the differences, no such notification of them, as is proposed in the third rule, is to be found in any instance. But, so long as no such notification is given, the differences, expressible is not expressible in words, will be
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Title: [nd [wm 1798] To the Bank Alteration]Description: nd [wm 1798] To the Bank Alteration 27 But, so long as no such notification is given, the differences, expressible or not expressible in words, will be lost to this purpose, in regard to the bulk of readers, who receive Bank Notes, or Notes purporting to be such, as they come, but who for want of adequate inducement never set themselves down to form to themselves any comparative view of the appearance, as between one class of Notes and another; much less think of extending such comparison to all the classes.(a) Note (a) Thus I know, that in my own instance, though having at this moment occasion thus particularly to apply my mind to the subject, neither has it ever happened to me to attempt to institute any such survey, nor without a great deal more trouble than there would be any use in my bestowing, would it now be in my power to attempt it. How wide soever the difference in point of general appearance may be between a one Pound Note and a Tem pound note for example, yet were a pretended Ten Pound Note, made by alteration out of a One Pound to be tendered to me it would not find me prepared for the detection of the importance.
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Title: [nd [wm 1798] 22 Mr. Bentham’s Plan]Description: nd [wm 1798] 22 Mr. Bentham’s Plan for preventing Forgery of Paper Money. be lost to this purpose in regard to the bulk of readers, who receive Bank Notes, or Notes purporting to be such, as they come, but who, for want of adequate inducement, never set themselves down to form to themselves any comparative view of the appearance as between one class of Notes and another: much less think of extending and comparison to all the classes.(b) [marginal note:] 7. Plans of description adequate to such indication are too obvious to need mentioning. As to the particular plans or modes, capable of being adopted and adopted with success for the exhibition of differences thus expressible, they are too numerous and too various to be worth enumerating in the present stage of the proposal. The difficulty would be – not in finding one such mode capable of answering the purpose, but in making a choice amongst a multitude all presenting themselves as alike capable. [marginal note:] 8. Safeguards confined to the Particular spots in the Note are superseded by the above. The Principle now before us cuts up the evil by the roots: instead of applying itself to the rendering alteration difficult or impracticable, it renders it unavailing, in whatever degree of perfection it may have been practised. Of the other expedients above alluded to, thus much may accordingly be said in the lump; viz: that whatever scope they may Note. (b) This I know, that in my own instance, though having at this moment occasion thus particularly to apply my mind to the subject, neither has it happened to me to attempt to institute any such survey, nor, without a great deal more trouble than there would be any use in my bestowing, would it now be in my power to attempt it. How wide soever the difference in point of general appearance may be, between a One pound Note & a Ten Pound Note, for example, yet were a pretended Ten pound Note, made by alteration out of a One-Pound to be tendered to me, it would not find me prepared for the detection of the imposture.
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