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  • March 1, 1798
  • Page 65
  • MONTHLY CHRONICLE.
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The Freemasons' Magazine, March 1, 1798: Page 65

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    Article MONTHLY CHRONICLE. ← Page 4 of 6 →
Page 65

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

“The Freemasons' Magazine: 1798-03-01, Page 65” Masonic Periodicals Online, Library and Museum of Freemasonry, 24 May 2025, django:8000/periodicals/fmm/issues/fmm_01031798/page/65/.
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Title Category Page
Untitled Article 1
Untitled Article 2
TO CORRESPONDENTS, &c. Article 3
PRICES OF BINDING PER VOLUME. Article 3
BIOGRAPHICAL SKETCH OF HER ROYAL HIGHNESS THE DUTCHESS OF CUMBERLAND. Article 4
THE LIFE OF XIMENES, ARCHBISHOP OF TOLEDO. Article 5
BRIEF HISTORY OF NONSENSE. Article 11
BIOGRAPHICAL SKETCH OF GENERAL MUSKIEN. Article 13
ACCOUNT OF THE CABALISTICAL PHILOSOPHY OF THE JEWS. Article 14
WISDOM AND FOLLY. A VISION. Article 18
COMPARISON BETWEEN THE ANCIENTS AND MODERNS IN SCIENCE AND LITERATURE. Article 22
AN HISTORICAL ESSAY ON LONGEVITY. Article 29
AN ESSAY ON THE CHINESE POETRY. Article 31
CHARACTER OF SIR WILLIAM JONES. Article 34
THE LIFE OF DON BALTHASAR OROBIO, Article 36
THE COLLECTOR. Article 38
MASONIC INTELLIGENCE. Article 42
GRAND LODGE OF ENGLAND. Article 43
REVIEW OF NEW PUBLICATIONS. Article 44
POETRY. Article 52
REPORT OF THE PROCEEDINGS OF THE BRITISH PARLIAMENT. Article 56
HOUSE OF COMMONS. Article 56
IRISH PARLIAMENT. Article 60
MONTHLY CHRONICLE. Article 62
OBITUARY. Article 68
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Page 65

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

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