On the record
Counterfeiting was widely practiced and, for a time, almost unpunished; a favorite device was the raising of notes, usually from five to fifty dollars.
Source
gutenberg.orgAlbert Beveridge: “Counterfeiting was widely practiced and, for a time, almost unpunished; a favorite device was the raising of notes…”
Editor's note · Context
Beveridge discusses the rampant issue of counterfeiting in the banking system during this period.
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