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Article MONTHLY CHRONICLE. ← Page 4 of 6 →
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Monthly Chronicle.
BANK F 011 GERIES . Several persons having lately found means to open a cash account at the Bank , they forged the acceptances of almost all the bankers in London , and imitaied the different modes of the various houses in accepting , so well , that the Bank , though familiarly acquainted with them , never discovered the cheat . These bills were paid into the Bank by them , to be discounted , and were regular !} paid . The frequency of the expedient at length excited some curiosity in the minds of those persons with whom such hills were deposited , and on proper enquiry being made ,
the whole plot has been discovered . A Mr . Adamson and two other persons , charged with being concerned in this swindling transaction , have been apprehended . March 15 , an examination took place before SirWilliamAddington and . the Solicitor of theBank , of some persons said to be concerned in this forgery . It appears , that several persons in a considerable way of business are a : so involved . The forged bills are for the most part dated from Manchester , and many of them are signed with names wholly unknown to the parties on whom they are drawn , and by whom they appear to be accepted . .
The following are the names of some of the houses on which these billshave been drawn , and to which some have been presented for payment since ihe detection of the forgery , viz . Bowles , Beachcroft , and Co . bankers ; Marsh , Reeve , and Co . Ironrnonger-lane ; Hudson and Slack , Cheapside ; Dalton and Barber , ditto ; Messrs . Slacks , King-street ; Spooner and Co George-yard , Lombard-street ; Kestevens , York-street , Govent-garden ; Edward Gibson , Bishopgate-slreet , & c . The extent of the forgery is at length made known , and the parties concerned in it ( all except Kavana ) are in custody . Adamson has developed the fact , and
in a letter to the Bank Directors , of Friday , March 17 , has resigned himself . to his unhappy fate , and given up the names of the parties concerned . He informs the Directors , that he should never have thought of the expedient , but for Wilkinson , his late partner , who has been apprehended , and was fully committed the same day by Sir W . Addington . It appears from this letter , that Adamson , Wilkinson , Roworth ( the Bank clerk , ) and Kavana , are the only parties concerned ; that the first instance of the commission of a forgery was effected with success about nine months agosince which the practice has never ceasedand that the
, ; Bills in circulation amount to something less than 30 , 000 ! . Mr . Adamson , one of the parlies concerned , is a tradesman of long standing , and has for some time past kept a large warehouse , at No . 17 , Cateaton-street , fo the sale of printed goods , princpially of the Manchester manufacture : and the trade , onetime , was carried on under the firm of Adamson and Wilkinson . Mr . Adamson ' s stock in trade amounts to near , twenty thousand pounds , the whole of which is now made over lo Trustees , in satisfaction of the demands that may hereafter be made upon his estate .
DUTCH EAST-INDIA COMPANY . The following estimate , reported by the Dutch East-India Company to the General Court of Proprietors , may prove the value of the Dutch territories in India : —The Company was established in 1605 , and from that time to ihe year 1720 , they divided no less a sum than 2602 I . 2-Sthsper lent , in money , cloves , spices , bonds on Holland , & c . In the period of 6 3 years , this Company divided 12 5 T 9 U 1 S percent , of the capital stock , one year with another . So great were the concerns of the Company in India , that they employed in
their India storehouses al least 1400 men , as well for the building as titling out ships ; 50 workmen were yearly employed in finishing and cleansing the spiceries ; and their General at Batavia commanded upwards of 50 , 000 men , exclusive of the fleets , of which he had the disposal . They employed upwards of 100 ships outward bound , and above 50 homeward ; in the first went about 10 or 11 , 000 men , aijd in the latter about 5000 . Their trades in spices amount to , Cloves , i , ooo , ooolbs . at 10 s - - £ 500 , 000 Nutmegs , 8 oo , ooolbs . at 6 s . fid . - - 275 , 000
Mace , 2 oo , ooolbs . at tos . - - 180 , 000 Cinnamon , i , ooo , ooolbs . at 10 s . - - 500 , 000 Pepper , 5000 tons , at is . 3 d . per lb . - 700 , 000 Total , / 2 , 155 , 00 a
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Monthly Chronicle.
BANK F 011 GERIES . Several persons having lately found means to open a cash account at the Bank , they forged the acceptances of almost all the bankers in London , and imitaied the different modes of the various houses in accepting , so well , that the Bank , though familiarly acquainted with them , never discovered the cheat . These bills were paid into the Bank by them , to be discounted , and were regular !} paid . The frequency of the expedient at length excited some curiosity in the minds of those persons with whom such hills were deposited , and on proper enquiry being made ,
the whole plot has been discovered . A Mr . Adamson and two other persons , charged with being concerned in this swindling transaction , have been apprehended . March 15 , an examination took place before SirWilliamAddington and . the Solicitor of theBank , of some persons said to be concerned in this forgery . It appears , that several persons in a considerable way of business are a : so involved . The forged bills are for the most part dated from Manchester , and many of them are signed with names wholly unknown to the parties on whom they are drawn , and by whom they appear to be accepted . .
The following are the names of some of the houses on which these billshave been drawn , and to which some have been presented for payment since ihe detection of the forgery , viz . Bowles , Beachcroft , and Co . bankers ; Marsh , Reeve , and Co . Ironrnonger-lane ; Hudson and Slack , Cheapside ; Dalton and Barber , ditto ; Messrs . Slacks , King-street ; Spooner and Co George-yard , Lombard-street ; Kestevens , York-street , Govent-garden ; Edward Gibson , Bishopgate-slreet , & c . The extent of the forgery is at length made known , and the parties concerned in it ( all except Kavana ) are in custody . Adamson has developed the fact , and
in a letter to the Bank Directors , of Friday , March 17 , has resigned himself . to his unhappy fate , and given up the names of the parties concerned . He informs the Directors , that he should never have thought of the expedient , but for Wilkinson , his late partner , who has been apprehended , and was fully committed the same day by Sir W . Addington . It appears from this letter , that Adamson , Wilkinson , Roworth ( the Bank clerk , ) and Kavana , are the only parties concerned ; that the first instance of the commission of a forgery was effected with success about nine months agosince which the practice has never ceasedand that the
, ; Bills in circulation amount to something less than 30 , 000 ! . Mr . Adamson , one of the parlies concerned , is a tradesman of long standing , and has for some time past kept a large warehouse , at No . 17 , Cateaton-street , fo the sale of printed goods , princpially of the Manchester manufacture : and the trade , onetime , was carried on under the firm of Adamson and Wilkinson . Mr . Adamson ' s stock in trade amounts to near , twenty thousand pounds , the whole of which is now made over lo Trustees , in satisfaction of the demands that may hereafter be made upon his estate .
DUTCH EAST-INDIA COMPANY . The following estimate , reported by the Dutch East-India Company to the General Court of Proprietors , may prove the value of the Dutch territories in India : —The Company was established in 1605 , and from that time to ihe year 1720 , they divided no less a sum than 2602 I . 2-Sthsper lent , in money , cloves , spices , bonds on Holland , & c . In the period of 6 3 years , this Company divided 12 5 T 9 U 1 S percent , of the capital stock , one year with another . So great were the concerns of the Company in India , that they employed in
their India storehouses al least 1400 men , as well for the building as titling out ships ; 50 workmen were yearly employed in finishing and cleansing the spiceries ; and their General at Batavia commanded upwards of 50 , 000 men , exclusive of the fleets , of which he had the disposal . They employed upwards of 100 ships outward bound , and above 50 homeward ; in the first went about 10 or 11 , 000 men , aijd in the latter about 5000 . Their trades in spices amount to , Cloves , i , ooo , ooolbs . at 10 s - - £ 500 , 000 Nutmegs , 8 oo , ooolbs . at 6 s . fid . - - 275 , 000
Mace , 2 oo , ooolbs . at tos . - - 180 , 000 Cinnamon , i , ooo , ooolbs . at 10 s . - - 500 , 000 Pepper , 5000 tons , at is . 3 d . per lb . - 700 , 000 Total , / 2 , 155 , 00 a