"1. That the numbers of the Tickets to be placed in the Lottery Wheels shall not be running numbers, as heretofore used; but shall be intermediate and broken; thereby preventing insurances from being made on specific numbers, from the impossibility of its being known, to any but the holders of tickets, or the Commissioners, what particular ticket at anytime remains in the wheel.
"2. That all persons taking out licences to sell Lottery Tickets, shall (instead of the bond with two sureties for one thousand pounds, now entered into under the act of the 22d George 3. cap. 47,) enter into a bond, with two sureties also, for £.50,000—which sum shall be forfeited, on due proof that any person, so licensed, shall have been, directly or indirectly, concerned in taking insurances contrary to law; or in setting up, or being connected in the profit or loss arising from any illegal insurance-office: or in employing itinerant Clerks, to take insurances on account of persons so licensed.
"3. That besides the above-mentioned bond, all licensed Lottery Office Keepers shall, previous to the drawing of each Lottery, make oath before a Magistrate, that they will not, in the course of the ensuing Lottery, be concerned, either directly or indirectly, in setting up any illegal offices for the sale of tickets, or insurance of numbers, contrary to law: Which affidavit shall be recorded, and a certificate thereof shall be indorsed on the licence without which it shall not be valid. And that the affidavit may be produced in evidence, against persons convicted of illegally insuring; who shall in that event be liable to the punishment attached to perjury, and of course, to the ignominy of the pillory and imprisonment.
"4. That all peace-officers, constables, headboroughs, or others, lawfully authorised to execute the warrants of Magistrates, who shall receive any gratuity, or sum of money from illegal Lottery Insurers, or from any person or persons, in consideration of any expected services in screening such offenders from detection or punishment, shall, on conviction, be rendered infamous, and incapable of ever serving any public office; and be punished by fines, imprisonment, or the pillory, as the Court, before whom the offence is tried, shall see proper.
"5. That all persons who shall be convicted of paying money on any contract for the benefit arising from the drawing of any Lottery Ticket, insured upon any contingency (not being in possession of the original ticket, or a legal share thereof) shall forfeit £.20 for every offence, to be levied by distress, &c.
"6. That an abstract of the penalties inflicted by law on persons insuring, or taking illegal insurances in the Lottery, shall be read every Sunday, in all churches, chapels, meeting-houses, and other places of public worship, during the drawing of the Irish and English Lotteries respectively; with a short exhortation, warning the people of the consequences of offending against the law: And that a copy of the same shall be pasted up in different parts of Guildhall, and constantly replaced during the drawing of the Lottery; and also at all the licensed Lottery Offices within the Metropolis.
"7. That a reward, not exceeding £.50 be paid to any person employed as a clerk or servant in any illegal Lottery Office, who shall be the means of convicting the actual or principal proprietor or proprietors of the said office, who shall not appear themselves in the management; also a sum not exceeding £.40 on conviction of a known and acting proprietor; and a sum not exceeding £.10 on conviction of any clerk or manager, not being partners.
"8. That the punishment to be inflicted on offenders shall be fine, imprisonment, or the pillory; according to the atrocity of the offence, in the discretion of the Court before which such offenders shall be tried."
The following Plans have also been transmitted to the Author by Correspondents who appear to be well-wishers to Society. They are here made public, in hopes that from the whole of the suggestions thus offered, some regulations may ultimately be adopted by the Legislature towards effectually remedying this peculiarly dangerous and still-increasing evil.
"It is proposed, that the Prizes only should be drawn, and that Seven Hours and a Half per Day should be the time of drawing, instead of Five Hours, by which means a lottery of the same number of tickets now drawn in thirty-five days, would be drawn in seven days and a half; and each adventurer would have exactly the same chance as he has by the present mode of drawing; since it is evidently of no consequence to him whether all the blanks remain in the Number Wheel undrawn, or an equal number of Blanks are drawn from a blank and prize wheel; the chance of blank or prize on each ticket being in either case exactly the same.
"According to the usual mode of drawing, 50,000 tickets take about thirty-five days in drawing, which is 1,420-6/7 per day.—By increasing the time of each day's drawing, from five hours to seven and a half, 2,131 tickets would be drawn each day; but as the reading prizes above £.20 thrice, causes some little delay, I reckon only 2000 per day; at which rate 15,000 tickets, the usual proportion of prizes in a Lottery of 50,000 tickets, would be drawn in seven days and a half. Thus the Period of Insurance would be nearly reduced to one-fifth part of its present duration, and the daily insurance on Blanks, and Blank and Prize, which opens the most extensive field for gambling, would be entirely abolished. Reducing, therefore, the time of Insurance to one-fifth, and the numbers drawn to less than one-third of what they have hitherto been, there could scarce remain in Lotteries thus drawn, one-fifteenth part of the insurance as in former Lotteries of an equal number of Tickets.—It is also worthy of remark, that as all the late Lotteries have been thirty-five days at least in drawing, the Insurance Offices had thirty-four to one in their favour the first day, by which circumstance they were enabled to tempt chiefly that class of people who can only gamble on the lowest terms, and to whom gambling is most extensively pernicious, with a very moderate premium, (e.g. about twelve shillings to return twenty pounds) which increases daily by almost imperceptible degrees, and thus insensibly leads them on to misery, desperation, and guilt.
"But in the proposed Plan, the Insurance Offices would have only six days and a half to one in their favour the first day; so that they must begin with a much higher premium than the generality of the common people can advance, which premium must each day be very considerably increased.—These considerations would undoubtedly operate as an absolute prohibition, on far the greatest part of Lottery Insurers; beside which, the great probability of numbers insured being drawn each day, would deter even the Office Keepers from venturing to insure so deeply, or extensively, as they have been accustomed to do.
"Should it be objected, that if Insurance is thus abridged, or prohibited, tickets will not sell, and the Lottery, as a source of Revenue, must be abandoned: the following expedient may, it is apprehended, effectually obviate such an objection.—
"Let Tickets, which cannot now be legally divided below a sixteenth, be divisible down to a Sixty-fourth share, properly stamped; which regulation, while it would greatly benefit and encourage Licensed Offices, would equally discountenance illegal Gamblers; and whilst it permitted to the lower orders of the Community a fair chance of an adventure in the Lottery on moderate terms, would co-operate with the restrictions on Insurance to advance the intrinsic value, as well as the price of tickets, which every illegal Scheme evidently tends to depreciate."
The preceding Plan appeared in the Appendix to the fifth edition of this Treatise; in consequence of which the Author received the following observations and which therefore he presents as—
"The Suggestions as far as they extend and relate to the shortening the duration of the drawing are highly useful, but they fall short of the object, and the Plan, if executed, would nearly prevent the sale of tickets, and totally so that of shares, and consequently abolish Lotteries altogether;—a consummation devoutly to be wished by every friend to the public, but under the pecuniary influences, which perhaps too much affect political considerations, little to be expected.
"It will be necessary to exhibit only a plain Statement of the proportionate chances in the wheel during the 7½ days of drawing on the Scheme of 50,000 Tickets, viz.—
| Prizes. | Blanks. | ||||
| 1st. | Day | 15,000 | to | 35,000 | 2⅓ to a Prize |
| 2d. | — | 13,000 | — | 35,000 | |
| 3d. | — | 11,000 | — | 35,000 | |
| 4th. | — | 9,000 | — | 35,000 | |
| 5th. | — | 7,000 | — | 35,000 | |
| 6th. | — | 5,000 | — | 35,000 | |
| 7th. | — | 3,000 | — | 35,000 | |
| last. | — | 1,000 | — | 35,000 | 35 to a Prize. |
"Hence it is evident, that on supposition the value of the Prizes diminish by an equal ratio, every day of drawing, still the actual value of the Prizes in proportion to the permanent number of the Blanks will be diminished by the relative proportion increasing at the rate of about 4666 Blanks every day after the first. Consequently it must follow, that the premiums of insurance, as well as the price of Shares and Tickets, instead of acquiring in their value a very considerable increase, must be subject to a very considerable diminution.
"To maintain the foregoing Plan, No. I. which is a good ground-work for lessening the evil, I take the liberty (says my Correspondent) of suggesting the following improvement.
"After the Prizes are drawn each day, let the proportion of the Blanks, namely, 4666 be drawn also. Let there be a suspension likewise of five or seven days between each drawing for the sale of Tickets and Shares, and to give time for insurance. It may be objected, that the time being thus prolonged the inconvenience will remain the same; to avoid which, the blank numbers so drawn, must be done secretly and sealed up by the Commissioners, or, they may be drawn openly but not unfolded or declared, and if necessary, made public after the drawing; by which means the insurance against Blanks or Blank and Prize will be equally abolished."
"The Evils of a Lottery are many.—The Advantages might, if well regulated, be as numerous. According to the Schemes that have hitherto prevailed the principle has been wrong. Since the bait held out has been the obtaining of an immense fortune, and the risk has been proportionably great—Insurance has reigned unchecked by all penalties and punishments that could be devised to the ruin and misery of thousands. The price of tickets has been fluctuating, and fortunes have been won and lost on the chance of the great Prizes keeping in the Wheel: the £.20 prizes have always proved dissatisfactory, as though there are only 2½ prizes on an average to a blank, yet such is the uncertainty, that many have scores of tickets without obtaining the proportionate advantage even from these low prizes. It is thought, therefore, that a scheme which should offer considerably more chances for prizes of and above £.50, and which should ensure a return on all blanks, would be acceptable. If also it could be made to prevent insuring of tickets and capitals, it seems to be the grand desideratum in this branch of financeering.
"The principle on which these benefits may be obtained is this. There should be a considerable number of moderate prizes, such as might be fortunes, if obtained by the inferior ranks, and of consequence sufficient to answer the risk of the rich. The tickets to be drawn each day should be previously specified which may be done by appropriating a certain share of the prizes to a certain number of tickets. All the tickets not drawn prizes of £.50 or upwards shall be entitled to a certain return, which would be superior to a chance for a £.20 prize.
| Number of Prizes. | Value of each. | Total Value. | |
| £. | £. | ||
| 25 | 5,000 | 125,000 | |
| 25 | 1,000 | 25,000 | |
| 100 | 500 | 50,000 | |
| 250 | 100 | 25,000 | |
| 600 | 50 | 30,000 | |
| 1,000 | 255,000 | ||
| 49,000 | —£.5 returned on each. | 245,000 | |
| 50,000 | Tickets. | 500,000 |
"Let 2000 Tickets from No. 1, to 1999 inclusive, (with Number 50,000) be put into a Wheel the first day, and proceed in the same manner numerically for 25 days. In the other Wheel, each day let there be put the following proportion of Prizes, viz.
| £. | £. | ||
| 1 | 5,000 | 5000 | |
| 1 | 1,000 | 1000 | |
| 4 | 500 | 2000 | |
| 10 | 100 | 1000 | |
| 24 | 50 | 1200 | |
| 40 | 10,200 | ||
| 1960. | —£.5 to be returned on each. | 9800 | |
| 2000 | Tickets. | 20,000 |
"In Lotteries where the lowest prizes have been of £.20 the blanks have been the proportion of 2½ to a prize. If therefore a person had seven tickets they were entitled to expect only two £.20 prizes or £.40. In this, however, they were frequently disappointed, and their chance for a prize of £.50 or upwards has been as about 200 to 50,000. By the above Scheme, if a person has seven tickets they are sure of a return of £.35, and have the chance of 40 to 2000, or 1000 to 50,000 for a superior prize. The certainty of the numbers and the prizes to be drawn each day would prevent insurance on those events, and every ticket being a prize there could be no insurance against blanks.
"In fact, the Lottery might be drawn in one day,—thus: Let there be twenty-five bags containing each 2000 numbers, either promiscuously chosen or of stated thousands. Let there be also 25 bags each containing the 40 prizes above appropriated to each day's drawing. Let the Commissioners empty one bag of numbers and one of prizes into two wheels. Let them draw 40 numbers out of the Number Wheel, and the 40 prizes out of the other. The remaining 1960 numbers to be entitled to £.5 each.—Then let them proceed with other 2000 numbers in the same way."
At all events, whether these Plans for reforming this enormous evil, are or are not superior to others which have been devised, it is clear to demonstration, that the present System is founded on a principle not less erroneous than mischievous; and, therefore, it cannot too soon be abandoned; especially since it would appear that the Revenue it produces might be preserved, with the incalculable advantage to the nation of preserving, at the same time, the morals of the people, and turning into a course of industry and usefulness the labour of many thousand individuals, who, instead of being, as at present, pests in Society, might be rendered useful members of the State.
The Frauds arising from the manufacture and circulation of base Money:—The Causes of its enormous increase of late years.—The different kinds of false Coin detailed:—The Process in fabricating each species explained:—The immense Profits arising therefrom:—The extensive Trade in sending base Coin to the Country.—Its universal Circulation in the Metropolis.—The great Grievance arising from it to Brewers, Distillers, Grocers, and Retail Dealers, in particular, as well as the Labouring Poor in general.—The principal Channels through which it is uttered in the Country and in the Metropolis.—Counterfeit foreign Money extremely productive to the dealers.—A summary View of the Causes of the mischief.—The Defects in the present Laws explained:—And a Detail of the Remedies proposed to be provided by the Legislature.
THE frauds committed by the fabrication of base Money, and by the nefarious practices, in the introduction of almost every species of Counterfeit Coin into the circulation of the Country, are next to be discussed.
The great outlines of this enormous evil having been stated in the first Chapter, it now remains to elucidate that part of the subject which is connected with specific detail.
One of the greatest sources of these multiplied and increasing frauds is to be traced to the various ingenious improvements which have taken place of late years, at Birmingham, and other manufacturing towns, in mixing metals, and in stamping and colouring ornamental buttons.
The same ingenious process is so easily applied to the coinage and colouring of false money, and also to the mixing of the metals of which it is composed, that it is not to be wondered at, that the avarice of man, urged by the prospect of immense profit, has occasioned that vast increase of counterfeit money of every description, with which the Country is at present deluged.
The false coinages which have been introduced into circulation, of late years, are Guineas, Half-Guineas and Seven Shilling Pieces, Crowns and Half-Crowns, Shillings, Sixpences, Pence, Halfpence, and Farthings, of the similitude of the coin of the realm: of foreign coin, Half Johannas, Louis d'ors, Spanish Dollars, French Half-Crowns, Shillings and Sixpences, 30 Sol pieces, Prussian and Danish Silver money, and other continental coins; to which may be added, Sequins of Turkey, and Pagodas of India. These foreign coins except in the instance of the Spanish Dollars[43] issued by the Bank of England in 1797, have generally been sold as articles of commerce for the purpose of being fraudulently circulated in the British Colonies or in Foreign Countries.
So dexterous and skilful have Coiners now become, that by mixing a certain proportion of pure gold with a compound of base metal, they can fabricate guineas that shall be full weight, and of such perfect workmanship as to elude a discovery, except by persons of skill; while the intrinsic value does not exceed thirteen or fourteen shillings, and in some instances is not more than eight or nine. Of this coinage considerable quantities were circulated some years since, bearing the impression of George the Second: and another coinage of counterfeit guineas of the year 1793, bearing the impression of his present Majesty, has been for some years in circulation, finished in a masterly manner, and nearly full weight, although the intrinsic value is not above eight shillings: half guineas are also in circulation of the same coinage: and lately a good imitation of the seven-shilling pieces. But as the fabrication of such coin requires a greater degree of skill and ingenuity than generally prevails, and also a greater capital than most coiners are able to command, it is to be hoped it has gone to no great extent; for amidst all the abuses which have prevailed of late years, it is unquestionably true, that the guineas and half-guineas which have been counterfeited in a style to elude detection, have borne no proportion in point of extent to the coinage of base Silver. Of this latter there are five different kinds at present counterfeited; and which we shall proceed to enumerate.
The first of these are denominated Flats, from the circumstance of this species of money being cut out of flatted plates, composed of a mixture of silver and blanched copper. The proportion of silver runs from one-fourth to one-third, and in some instances to even one-half: the metals are mixed by a chemical preparation, and afterwards rolled by flatting mills, into the thickness of shillings, half-crowns, or crowns, according to the desire of the parties who bring the copper and silver, which last is generally stolen plate. It is not known that there are at present above one or two rolling mills in London, although there are several in the Country, where all the dealers and coiners of this species of base money resort, for the purpose of having these plates prepared; from which, when finished, blanks or round pieces are cut out, of the sizes of the money meant to be counterfeited.
The artisans who stamp or coin these blanks into base money are seldom interested themselves. They generally work as mechanics for the large dealers who employ a capital in the trade;—and who furnish the plates, and pay about eight per cent. for the coinage, being at the rate of one penny for each shilling, and twopence-halfpenny for each half-crown.
This operation consists first in turning the blanks in a lathe;—then stamping them, by means of a press, with dies of the exact impression of the coin intended to be imitated:—they are afterwards rubbed with sandpaper and cork; then put into aquafortis to bring the silver to the surface; then rubbed with common salt; then with cream of tartar; then warmed in a shovel or similar machine before the fire; and last of all rubbed with blacking, to give the money the appearance of having been in circulation.
All these operations are so quickly performed, that two persons (a man and his wife for instance,) can completely finish to the nominal amount of fifty pounds in shillings and half-crowns in two days, by which they will earn each two guineas a day.
A shilling of this species, which exhibits nearly the appearance of what has been usually called a Birmingham shilling, is intrinsically worth from twopence to fourpence; and crowns and half-crowns are in the same proportion. The quantity made of this sort of counterfeit coinage is very considerable: it requires less ingenuity than any of the other methods of coining, though at the same time it is the most expensive, and of course the least profitable to the Dealer; who for the most part disposes of it to the utterers, vulgarly called Smashers, at from 28s. to 40s. for a guinea, according to the quality; while these Smashers generally manage to utter it again to the full import value.
The Second Species of counterfeit Silver money passes among the dealers by the denomination of Plated Goods; from the circumstance of the shillings and half-crowns being made of copper of a reduced size, and afterwards plated with silver, so extended as to form a rim round the edge. This coin is afterwards stamped with dies so as to resemble the real coin; and, from the circumstance of the surface being pure silver, is not easily discovered except by ringing the money on a table: but as this species of base money requires a knowledge of plating as well as a great deal of ingenuity, it is of course confined to few hands. It is however extremely profitable to those who carry it on, as it can generally be uttered, without detection, at its full import value.
The Third Species of base Silver-money is called Plain Goods, and is totally confined to shillings. These are made of copper blanks turned in a lathe, of the exact size of a Birmingham shilling, afterwards silvered over by a particular operation used in colouring metal buttons; they are then rubbed over with cream of tartar and blacking, after which they are fit for circulation.
These shillings do not cost the makers above one halfpenny each: they are sold very low to the Smashers or Utterers, who pass them where they can, at the full nominal value; and when the silver wears off, which is very soon the case, they are sold to the Jews as bad shillings, who generally resell them at a small profit to customers, by whom they are recoloured, and thus soon brought again into circulation. The profit is immense, owing to the trifling value of the materials; but the circulation, on account of the danger of discovery, it is to be hoped is not yet very extensive. It is, however, to be remarked, that it is a species of coinage not of a long standing.
The Fourth Class of counterfeit silver-money is known by the name of Castings or Cast Goods. This species of work requires great skill and ingenuity, and is therefore confined to few hands; for none but excellent artists can attempt it, with any prospect of great success.
The process is to melt blanched copper, and to cast it in moulds, having the impression, and being of the size of a crown, a half-crown, a shilling, or a sixpence, as the case may be; after being removed from the moulds, the money thus formed is cleaned off, and afterwards neatly silvered over by an operation similar to that which takes place in the manufacture of buttons.
The counterfeit money made in imitation of shillings by this process, is generally cast so as to have a crooked appearance; and the deception is so admirable, that although intrinsically not worth one halfpenny, by exhibiting the appearance of a thick crooked shilling, they enter into circulation without suspicion, and are seldom refused while the surface exhibits no part of the copper; and even after this the itinerant Jews will purchase them at threepence each though six times their intrinsic value, well knowing that they can again be recoloured at the expence of half a farthing, so as to pass without difficulty for their nominal value of twelve pence.—A vast number of the sixpences now in circulation is of this species of coinage.
The profit in every view, whether to the original maker, or to the subsequent purchasers (after having lost their colour,) is immense.
In fabricating Cast Money, the workmen are always more secure than where presses and dies are used; because upon the least alarm, and before any officer of justice can have admission, the counterfeits are thrown into the crucible; the moulds are destroyed; and nothing is to be found that can convict, or even criminate the offender: on this account the present makers of cast money have reigned long, and were they careful and frugal, they might have become extremely rich; but prudence rarely falls to the lot of men who live by acts of criminality.
The Fifth and last Species of base coin made in imitation of silver-money of the realm is called Figs or Fig Things. It is a very inferior sort of counterfeit money, of which composition, however, a great part of the sixpences now in circulation are made. The proportion of silver is not, generally speaking, of the value of one farthing in half a crown; although there are certainly some exceptions, as counterfeit sixpences have been lately discovered, some with a mixture, and some wholly silver; but even these did not yield the makers less than from 50 to 80 per cent. while the profit on the former is not less than from five hundred to one thousand per cent. and sometimes more.
It is impossible to estimate the amount of this base money which has entered into the circulation of the Country during the last twenty years; but it must be very great, since one of the principal Coiners of stamped money, who some time since left off business, and made some important discoveries, acknowledged to the Author, that he had coined to the extent of two hundred thousand pounds sterling in counterfeit half-crowns, and other base silver money, in a period of seven years. This is the less surprising, as two persons can stamp and finish to the amount of from 200l. to 300l. a week.[44]
Of the Copper Money made in imitation of the current coin of the realm, there are many different sorts sold at various prices, according to the size and weight; but in general they may be divided into two kinds, namely, the stamped and the plain halfpence, of both which kind immense quantities have been made in London; and also in Birmingham, Wedgbury, Bilston, and Wolverhampton, &c.[45]
The plain halfpence are generally made at Birmingham; and from their thickness, afford a wonderful deception. They are sold, however, by the coiners to the large dealers at about a farthing each, or 100 per cent. profit in the tale or aggregate number. These dealers are not the utterers; but sell them again by retail in pieces, or five-shilling papers, at the rate of from 28s. to 31s. for a guinea; not only to the Smashers, but also to persons in different trades, as well in the Metropolis as in the Country Towns, who pass them in the course of their business at the full import value.
Farthings are also made in considerable quantities, chiefly in London, but so very thin that the profit upon this species of coinage is much greater than on the halfpence, though these counterfeits are not now, as formerly, made of base metal. The copper of which they are made is generally pure. The advantage lies in the weight alone, where the coiners, sellers, and utterers, do not obtain less than 200 per cent. A well known coiner has been said to finish from sixty to eighty pounds sterling a week. Of halfpence, two or three persons can stamp and finish to the nominal amount of at least two hundred pounds in six days.
When it is considered that there are seldom less than between forty and fifty coinages or private mints, almost constantly employed in London and in different country towns; in stamping and fabricating base silver and copper money, the evil may justly be said to have arrived at an enormous height. It is indeed true that these people have been a good deal interrupted and embarrassed from time to time, by detections and convictions; but while the laws are so inapplicable to the new tricks and devices they have resorted to, these convictions are only a drop in the bucket: while such encouragements are held out the execution of one rogue only makes room for another to take up his customers; and indeed as the offence of selling is only a misdemeanor it is no unusual thing for the wife and family of a culprit, or convicted seller of base money to carry on the business, and to support him luxuriously in Newgate, until the expiration of the year and day's imprisonment, which is generally the punishment inflicted for this species of offence.
It has been already stated [page 16, &c.] that trading in base money has now become as regular and systematic as any fair branch of trade.—
Certain it is, that immense quantities have been regularly sent from London to the Camps during the summer season; and to persons at the sea-ports and manufacturing towns, who again sell in retail to the different tradesmen and others who pass them at the full import value.
In this nefarious traffic a number of the lower order of the German Jews in London assist the dealers in an eminent degree, particularly in the circulation of bad halfpence.
It has not been an unusual thing for several of these dealers to hold a kind of market every morning, where from forty to fifty of these German Jew boys are regularly supplied with counterfeit halfpence; which they dispose of in the course of the day in different streets and lanes of the Metropolis, for bad shillings, at about 3d. each. Care is always taken that the person who cries bad shillings shall have a companion near him who carries the halfpence, and takes charge of the purchased shillings (which are not cut:) so as to elude the detection of the Officers of the Police, in the event of being searched.
The bad shillings thus purchased, are received in payment by the employers of the boys, for the bad halfpence supplied them, at the rate of four shillings a dozen; and are generally resold to Smashers, at a profit of two shillings a dozen; who speedily re-colour them, and introduce them again into circulation, at their full nominal value.
The boys will generally clear from five to seven shillings a day, by this fraudulent business; which they almost uniformly spend, during the evening, in riot and debauchery; returning pennyless in the morning to their old trade.
Thus it is that the frauds upon the Public multiply beyond all possible conception, while the tradesman, who, unwarily at least if not improperly, sells his counterfeit shillings to Jew boys at threepence each, little suspects that it is for the purpose of being returned upon him again at the rate of twelve-pence; or 300 per cent. profit to the purchasers and utterers.
But these are not the only criminal devices to which the coiners and dealers, as well as the utterers of base money, have had recourse, for answering their iniquitous purposes.
Previous to the Act of the 37 Geo. 3. cap. 126, counterfeit French crowns, half-crowns, and shillings, of excellent workmanship, were introduced with a view to elude the punishment of the then deficient Laws relative to Foreign Coin.
Fraudulent die-sinkers are to be found both in the Metropolis and in Birmingham, who are excellent artists; able and willing to copy the exact similitude of any coin, from the British guinea to the sequin of Turkey, or to the Star Pagoda of Arcot. The delinquents have therefore every opportunity and assistance they can wish for; while their accurate knowledge of the deficiency of the laws, (particularly relative to British Coin) and where the point of danger lies, joined to the extreme difficulty of detection, operates as a great encouragement to this species of treason, felony, and fraud; and affords the most forcible reason why these pests of society still continue to afflict the honest part of the community.
An opinion prevails, founded on information obtained through the medium of the most intelligent of these coiners and dealers, that of the counterfeit money now in circulation, not above one third part is of the species of Flats or composition money; which has been mentioned as the most intrinsically valuable of counterfeit silver, and contains from one fourth to one third silver; the remainder being blanched copper.—The other two thirds of the counterfeit money being cast or washed, and intrinsically worth little or nothing, the imposition upon the public is obvious. Taking the whole upon an average, the amount of the injury may be fairly calculated at within ten per cent. of a total loss upon the mass of the base silver money now in circulation; which, if a conclusion may be drawn from what passes under the review of any person who has occasion to receive silver in exchange, must considerably exceed one million sterling! To this we have the miserable prospect of an accession every year, until some effectual steps shall be taken to remedy the evil.
Of the Copper Coinage, the quantity of counterfeits at one time in circulation might be truly said to equal three fourth parts of the whole, and nothing is more certain than that a very great proportion of the actual counterfeits passed as Mint halfpence, from their size and appearance, although they yielded the coiners a large profit.
Even at present the state both of the silver and copper coinage of this kingdom (the copper pence only excepted) deserves very particular attention, for at no time can any person minutely examine either the one coin or the other, which may come into his possession, without finding a considerable proportion counterfeit.
Until, therefore, a new coinage of halfpence and farthings takes place upon the excellent plan adopted by Government, with respect to the pence now partially in circulation, what must be the situation of the retail dealers, the brewers, distillers, and many other classes of industrious traders, who in the course of their business, are compelled to receive depreciated counterfeit money?[46]
The burden is not only grievous beyond expression, to those who have no alternative but to take such base money in payment; but extends indirectly to the Poor: in as much as the diminished value of such coin, arising from its reduced or base quality taken in connection with the quantities thrown into circulation, tends to enhance the price of the first articles of necessity.
The labourer, the handicraftsman, and the working manufacturer, being generally paid their weekly wages, partly in copper money of depreciated value;—it is obvious that they must obtain less than they would otherwise receive, were the coin of a higher standard; for the retail dealers who furnish the poor with food, must shield themselves, at least in part, against the unavoidable losses arising from base money; by advancing the prices of their various commodities.
Nor are such advances made upon a principle which cannot be defended; since it is evident that the relative value even of the old copper coin of the Mint to gold or silver, is nearly twice its intrinsic value; and while such copper money cannot be paid into the receipt of his Majesty's Exchequer, or received in payment by the officers of the revenue, the burden and loss of a diminished coin fall entirely upon the traders, (who are compelled to receive such money,) and upon the labourers and mechanics through whose medium it is chiefly circulated.
While the disproportion thus stated between the denominative value of copper and silver money is so very great, it is evident that the legal coinage of copper must produce an immense profit; as one pound of copper estimated at 15 pence[47] will make as many halfpence, of the legal coinage, as pass for two shillings.
This fact plainly shews the vast temptation which is held out to those who carry on the counterfeit coinage, where the profit from the coiner to the dealers, and from these dealers to the utterers, at the full denominative value, must be in many instances from two to three hundred per cent. When to this circumstance is added the security which the deficiencies in the present laws hold out, the whole operates as a kind of bounty to these fraudulent people, who cannot resist the prosecution of a trade where the profit is so immense, and where a coinage equally pure and heavy as the old mint standard would even be extremely productive.[48]
In every view the evil at present arising from base money of every denomination appears to be of the greatest magnitude—while its extent will scarce be credited by any but those who have turned their attention very minutely to the subject.
The trade of dealing in counterfeit coin acquires its greatest vigour towards the end of March; for then the Lotteries are over, when Swindlers, Gamblers, Pretended Dealers in Horses, Travellers with EO Tables, and Hawkers and Pedlars go into the country, carrying with them considerable quantities of base silver and copper money; by which they are enabled, in a great degree, to extend the circulation, by cheating and defrauding ignorant country people.
In the spring season too, the dealers in counterfeit coin begin to make up their orders for the different country towns; and it is supposed, upon good grounds, that there is now scarcely a place of any consequence all over the kingdom where they have not their correspondents; it is also a fact well established, that many of these correspondents come regularly to the Metropolis, and also go to Birmingham and the neighbouring towns once or twice a year for the purpose of purchasing base money, where the evil is said to be increasing even more than in London.
It very seldom happens, on account of the great demand, (especially of late years) that the dealers have ever any considerable stock on hand. The base money is no sooner finished, than it is packed up and sent to customers in town and country; and with such rapidity has it been fabricated, on occasions of pressing emergency, that a single dealer has been known to procure from the coiners who worked for him, from £.300 to £.500 for country orders, in the course of the week!
The lower ranks among the Irish, and the German Jews, are the chief supporters of the trade of circulating base money in London;—there is said to be scarce an Irish labourer who does not exchange his week's wages for base money; taking a mixture of shillings, sixpences, and copper.
The Jews principally confine themselves to the coinage and circulation of copper; while the Irish women are the chief utterers and colourers of base silver. A vast number of these low females have acquired the mischievous art of colouring the bad shillings and sixpences, which they purchase from the employers of Jew-boys, who cry bad shillings.
It is somewhat singular that among the Jews, although many cases occur where they appear to be coiners of copper money and dealers to a great extent, yet scarce an instance can be adduced of their having any concern in the coinage of base silver: neither are they extensive dealers in any other base money than copper.
The Jews, however, deal largely in foreign coin, counterfeited in this country; having been the chief means by which Louis d'Ors, Half Johannas, as well as various silver coins, (particularly Dollars) made of base metal, have been sent out of this country. It is through the same channel that the Sequins of Turkey have been exported; and also the Pagodas of India.[49]
In contemplating and in developing the causes of the vast accumulation and increase of base money, which has thus deluged the country of late years, the evil will be found to have proceeded chiefly from the want of a new coinage:—of laws, applicable to the new tricks and devices practised by the coiners:—of proper checks upon fraudulent Circulation:—of rewards for the detection and apprehension of Offenders;—and of a sufficient fund to ensure the prompt execution of the law; by a vigorous and energetic Police, directed not only to the execution of apposite laws in the detection and punishment of offenders, but also to the means of prevention.
The vigour and energy requisite to put good and apposite laws in execution for the suppression of crimes of every kind, but particularly that of the coinage and circulation of base money, depend much on the zeal and activity of the Magistrate: and on the affording an adequate pecuniary resource, to enable him to reward men who may undertake to risk their persons in the company of desperate and daring offenders, in order to obtain that species of evidence which will produce a conviction. Without such pecuniary resource, the law, as well as the exertions of the Magistrate, becomes a dead letter: and his efforts for the purpose of promoting the ends of public justice, are crippled and lost to the Community.
In suppressing great evils, strong and adequate powers must be applied, and nothing can give force and activity to these powers, but the ability to reward liberally all persons engaged in the public service, either as police officers, or as temporary agents for the purpose of detecting atrocious offenders. The following ideas are therefore suggested with a view to the important subject at present under discussion.
The Coinage Laws (except those relating to copper money) which contain the most important regulations in the way of prevention, having been made a century ago, it is not to be wondered at, in consequence of the regular progress of the evil, and the new contrivances and artifices resorted to, in that period, that many obvious amendments have become necessary. A consolidation of the whole laws from the 25th of Edward the Third, to the 14th of his present Majesty, would, perhaps, be the most desirable object; as it would afford a better opportunity of correcting every deficiency, and of rendering this branch of the criminal code, concise, clear, explicit,—applicable to the existing evils, and to the means of prevention.
For the purpose, however, of more fully elucidating this proposition, it will be necessary to state the existing laws, and what are considered as the most apparent deficiencies therein.
We will begin by giving a short Summary of the existing Laws.
Since the last edition of this work the following additions have been made to the Statute Law on this subject.
By 37 Geo. III. c. 126, so much of 15 Geo. II. c. 28, as relates to halfpence and farthings, and the statute 11 Geo. III. c. 40, and all other acts relating to the copper money of this realm, are extended to all such copper money as shall be coined and issued, by the King's Proclamation.—This was for the purpose of protecting the Coinage of penny and twopenny pieces made for Government by Mr. Boulton, of Birmingham; and which it is believed have not yet been counterfeited, at least to any great extent.
By the same statute, 37 Geo. III. c. 126, persons counterfeiting any foreign gold or silver coin, tho' not current in this realm, are made guilty of felony, punishable by seven years' transportation; as are also persons bringing the same into the realm, with intent to utter it.—A penalty is imposed on persons tendering such counterfeit coin in payment, or exchange; for the first offence, six months' imprisonment: for the second, two years; and on the third, they are declared guilty of felony without Clergy.—Persons having more than five pieces of such counterfeit coin in their possession, shall forfeit the same, and also a penalty of not more than £.5, nor less than 40s. for each piece; or suffer three months' imprisonment.—Justices are impowered to grant warrants for searching suspected places, for such counterfeit foreign coin; which with the tools and materials may be seized and carried before a Justice, who shall secure the same as evidence: to be afterwards destroyed.
By statute 38 Geo. III. c. 59, the act 14 Geo. III. c. 42, prohibiting the importation of light silver coin of this realm, was revived and continued till June 1, 1799.—And by statute 39 Geo. III. c. 75, it was made perpetual.
By statute 38 Geo. III. c. 67, Copper Coin not being the legal Copper Coin of this realm, and all counterfeit gold or silver coin whatever, exported, or shipped for exportation, to Martinique or any of the British Colonies in the West Indies or America, is declared to be forfeited, and may be seized as under the laws respecting the Customs.—And a penalty is imposed on persons exporting it, of £.200 and double the value of the coin.
We next proceed to state the deficiencies which still remain unremedied.