Rensselaer Union, Volume 1, Number 51, Rensselaer, Jasper County, 16 September 1869 — The Latest Dodge. [ARTICLE]

The Latest Dodge.

A ATSUT ingenious trick, by which n gang of swindlers are making money by mutilating national bank-notes of the denomination of five dollars,'has recently come to our notice. The dodge consists of making ten bills out of nine, and is so managed that there is but one pasiing to each manufactured note. The nine whole hills arc taken, and from the right of tho first onetenth is sliced off; from the right of the second two-tenths; from the right of the third three-tenths, and so on to number nine, from ivhich nine-tenthsarc taken from the right, or what amounts to the same thing, onc-tenth from the left. Number one is passed as it is, with a tenth gone from the right; the one-tenth taken from number oue is pasted to tho residue of number two, from which two tenths had been taken; these tAvo-tenths arc made to answer the place of the three-tenths taken from number three, and so on through. Thus nine five dollar notes arc completed, leaving the original number nine, with a tenth gone from the left, ns a tenth noto. It will be seen that but a tenth is gono from each hill, and in a different place on every one, and a little ingenious pasting makes the loss impreccptiole to ordinary observers It is certain that large numbers of these mutilated bills have beep circulated in this city, aud our readers will do well to look out for them. The rogues wfio have carried out the fraud were cunning in selecting the denomination 'they dip. Larger bills would have been more closely scrutinized, and smaller ones Avould not: lmvo been so remunerative. A similar thing Avas done by parties in Williamsvillc, several years ago, Avith fifty dollar’ notes of the International Bank of this city,; but that cheat was not so cleverly managed as this, and was soon detected. Tli*. department will not redeem a bill which bears evidence on its lace that it’ has been tampered with, and we advise our friends to scrutinize their five dollar notc| ehiaely. — Exchange.