Rensselaer Union, Volume 6, Number 6, Rensselaer, Jasper County, 30 October 1873 — How to Make a Bank Bill. [ARTICLE]

How to Make a Bank Bill.

A teller of one of our banks discov. ered the other day a very ingenious mode resorted to by counterfeiters to make a profit by a little manipulation of genuine bills. The plan is in this wise: Take, say, ten $5 bills, lay one on the other a quarter of an inch below the top, something after the fashion of pasting in the process of making paper-bags. When they are ail thus neatly laid off, a knife is run through them, and, of course, from the first bill a quarter of an iftch will be. cut off, a half-inch from the second, threefrom the bottotn of which there is taken a very small portion, notliing more than the border. This bill is left os it is, but to all the others the parts taken off are neatly pasted on, and the result is that there will be elevembills all perfect, except a small reduction ini the size of each. Of course the operator makes five dollars in every ten. The amount taken from each is so small and the bills being generally all of one kind, ft is a very difficult matter to detect them. The bill detected by the teller teferred to was bunglingly done—the top being a part of an Ohio bill, while the bottom was a part of a Baltimore bill. The names of the places are prominent, and consequently bills on the Same bank or place are preferred. It la a very neat arrangement to cheat people who are not In the habit of giving to bank bills a very close efattijifttioß, CMcaft Jnur-Oe***’