nd [wm 1798]

To the Bank

§. V Plan of Note 31

§. 5 Plan for a Bank Note – Note (b) is continued half down the next page.

§ 5. Plan for a Bank Note; with a view to both branches of Forgery –

Upon the whole, the plan of construction, suggested by the above principles, for

the matter of a Bank Note would be distributed into four paragraphs or

compartments.(a)

1. In the upper compartment, the words of the engagement itself as worded at

present, with the dates and employd at present, from an engraving on copper

plate (as at present), but accompanied by a portrait of the Governor, also from

an engraving on Copper, as proposed, with the legend, as proposed. The situation

of the portrait, either at the left hand corner of the paper, at the beginning

of the line, as at present, or in the center of the compartment.

2. In the second compartment from the top, the warning against Forgery, expressed

in Letter press as above, with the portrait of the Cashier: situated as before,

either on the left hand or in the center.

3. In the third compartment from the top, a notification of the different classes

of Notes, as above proposed, expressive of their several characteristic

differences in point of appearance.

4. Lastly, in a fourth compartment, might be exhibited a Notice, descriptive of

the method to be observed in cutting a note in two for the purpose of

conveyance: for which purpose a line marking the track for the knife or

scissors, together with ten or dozen […?] to point out the […?] of the line,

would be sufficient.(b)

Note

(a) In case of such a division, the course of the lines might, instead of running

parallel to the longer side of the paper, (as at present, run parallel to the

shorter side.

Note

(b) That the form of the Note has been modified for this purpose, and that

notification has been given of it by a multitude of advertisements, is what I am

sufficiently apprised of, but not being able, at least without study, to discuss

this

{ Note

(a) It may just be hinted, that for this purpose, to bring the number of classes

within compass, such as may be looked upon as capable of being spared without

inconvenience might be called in and discontinued. }