Counterfeiting Money In The Usa Essay

1045 words - 4 pages

Counterfeiting money in the United States has been going on since the very beginning of the nation. The craft can be traced back to men in Europe who counterfeited coins and then brought their art to the New World. Records will prove that colonial Americans were arrested for reproducing counterfeit money or spending it. Replicating coins was a laborious task, but fortunately for counterfeiters it was facilitated with the presentation of paper money. Close to the period of the American Revolution, a shift from coins to paper money occurred for counterfeiters. Paper money was first printed in 1775 at the beginning of the Revolutionary War. Although the colonies were mostly reliant on gold coins, the utilization of paper currency had become an increasingly more common practice. This innovative paper money was lighter and easier to carry. The primary reason for switching medians of currency was not to prevent counterfeiters, but instead simply for consumer convenience. Over the ages the government became weary of these counterfeiters and further developed money in order to prevent the creation of imitation bills, but as money evolved so did the counterfeiters. Counterfeiting remains a viable crime regardless of the security measures and technology created to prevent it.
In 1716 security measures were low and counterfeiting was still an arduous task. An infamous imitator named Mary Peck Butterworth was prominent in Rhode Island. Rather than using the common method with metal plates, “Butterworth used starched cotton cloths to produce counterfeit bills.” With the aid of a slightly dampened piece of starched cloth she could lift the ink from a genuine bill. Then with a hot iron, she moved the pattern from the cloth to a blank paper bill and inked the pattern by hand with quill pens. This crime left no real evidence because the original cloth would be burned and reduced to ashes. Butterworth organized her counterfeiting operation into a cottage industry, sternly overseeing the work of the entire family. At her peak, she was selling counterfeit bills at half their face value. However, in 1723, authorities searched her house for evidence of counterfeiting. She spent a one night in the Bristol jail but the authorities find nothing linking her undoubtedly to a counterfeiting operation. The case was given to a grand jury, but with no evidence and no witnesses, the grand jury refused to indict her and the charges were dropped (Rada).
The government was aware of counterfeiting but believed they had enough security measures to ensure that counterfeiting remained at a minimum. North Carolina, which had no printers at the time, issued a handwritten note. The bill was drawn in a book of blank pages and then cut from the book. The edges were heavily decorated and the signatures of officials were added. Suspicious notes could be compared to the hole in the book and matched to edge marks and numbers. Benjamin Franklin was an advocate of a...

Find Another Essay On Counterfeiting Money in the USA

Prohibition in the USA-1920 Essay

692 words - 3 pages PROHIBITION IN THE USAIn January 1920 the USA introduced Prohibition, which band the making, selling and transportation of any kind of alcoholic drink. This was made part of the American Constitution the 18th Amendment. A separate law, the Volstead Act, defined an alcoholic drink that contained more than 0.5% of Alcohol which banned wine, beer and whiskey.Even before the 18th Amendment was approved, by 1916 roughly 65% of the country had already

Birthing Options in the USA Essay

2578 words - 10 pages delivery alone (Toland, 2013). Multiply that by thirty or so births a day for the institution and it can be considered one of the most consistently money earning sections of the hospital. To further investigate this trend in birth prices one California study examined 75,000 births in the San Francisco bay area and found out some shocking data. “The study found that healthy women who gave birth normally with no complications could be charged

Death Penalty in the USA

1315 words - 5 pages to be too expensive to keep all these criminals in prison until they die. More and more people are put in prison each year and the inmates from all the previous years still remain there and few are released so it is an unequal balance. Eventually, more prisons are going to have to be built which means more money being spent or dangerous criminals are going to be put back onto the streets. It is cheaper to execute the ones who have life sentences

The War On Drugs in the USA

855 words - 3 pages The War On Drugs in the USA One of the most explosive issues in the current American political climate is illegal drug use. Drug abuse is intimately connected to problems like crime, economic discrimination, and race relations

The Legalization of Marijuana in the USA

1061 words - 4 pages a good time. Then they end up sitting in jail costing us the taxpayer’s money to feed, cloth, and pay out any other expenses for a harmless situation. Plus, by getting rid of the prohibition on marijuana would make jails less crowded, so that people who commit more serious offenses can be incarcerated instead of released. The tax money spent on holding inmates that were charged with minor marijuana possession charges can be put to better use

Pursuing Graduate Studies in the USA

963 words - 4 pages understanding of our world at the atomic scale, and in a dynamic environment, that brings me to pursue graduate studies in the USA. My parents say that I was always an inquisitive girl. Throughout my childhood I played with all sorts of scientific toys and tried to figure out how things work. My superlative performance in school earned me a number of awards at the national level in India. By the end of my early education, I had developed a keen

Comparing Oceania in 1984 and the USA

1621 words - 6 pages Comparing Oceania in 1984 and the USA This paper will discuss the similarities and differences between the Oceanic society of Orwell's Nineteen Eighty-Four and the society of the United States. First I will talk about the similarities and then I will finish off with the differences, all of which will be based on factual information that I have gathered both, from the book and the mainstream media. Then I will finish by coming to a conclusion

Civil Rights in the USA 1945-1975

5677 words - 23 pages Civil Rights in the USA 1945-1975 1) How did the civil rights movement change between 1945 and 1975? [6] Black Americans had a very tough time, there were lots of things they couldn’t do just because of the colour of their skin. In the southern states of America racism was just an everyday experience for black people. The civil rights movement in the United States was a political, legal, and social struggle that

Posession of Guns in the USA

1449 words - 6 pages Posession of Guns in the USA Zimring and Hawkins states that America is a gun culture with these words from the report of the National Commission on the Causes and Prevention of Violence in 1969. "Firearms have long been an important part of American life. For many years the armed citizen-soldier was the country's first line of defense. Firearms no longer play a significant role in keeping food on American tables, yet Americans own and

Should States Allow Reciprocity in the USA

1529 words - 6 pages the reciprocity law so every permitted citizen can have good protection any where a person wants to go. Works Cited "Concealed Guns." ProCon.org. 5 Feb. 2014. Web. 19 Feb. 2014. Ruben, Alam. "The Accessibility of Guns Leads to Gun Crime." Guns and Crime. Detroit: Greenhaven, 2012. N. pag. Opposing Viewpoints in Context. Web. 6 Feb. 2014. Spain, William. "State Takes Concealed-Carry Applications." USA Today. 9 Jan. 2014: n. pag

Marketing of Honda Motorcycles in the USA

1555 words - 6 pages Marketing of Honda motorcycles in the USA The American Honda Motor Company was established as a subsidiary by Honda in 1959. During the 1960's the type of motorcycles brought by Americans underwent a major change. Motorcycle registrations increased by over 800,000 in five years from 1960. In the early 60's the major competitors were Haley - Davidson of U.S.A, BSA, Triumph and Norton of the UK and Motto - Guzzi of Italy. Harley-Davidson

Similar Essays

Obesity In The Usa Essay

1221 words - 5 pages die from such health conditions as heart disease, strokes, cancer, gallbladder disease and diabetes. Dr. Ferguson also stated that the average number of deaths a year caused by obesity is 324,940 in the USA.      There are many different type of treatments for this disorder including: diets, medications, and in some cases, behavior modifications. It is important for these fat people to receive the treatments available to them because obesity

The Draft In The Usa Essay

656 words - 3 pages The Draft in the USA The draft is a taboo subject in America, but regardless of its controversy it is a subject that must be examined. The daft, however rash, is essential for America in case of a national emergency. Many people in this age of America lack patriotism for their country. Of course, many citizens ignore the fact that they are living in one of the only countries that offer you freedom and the choice to succeed as far as you

Capital Punishment In The Usa Essay

911 words - 4 pages Capital Punishment in the USA I have decided to write a discursive essay on Capital Punishment in the USA. I was inspired to do so because of recent news of a Nigerian woman who faced death by stoning. Her crime was the birth of a child to a married neighbour, a capital crime? In the year 2000, Eighty-five people were executed. Eighty of them were killed using lethal injection and 5 were put to death by electrocution. The death penalty is a

Education System In The Usa Essay

2689 words - 11 pages system, culture, traditions and so on. So, in this work I want to represent the educational system of the USA and its peculiarities. In the first part of my research paper I am going to represent the historical outline and the structure of education in the USA in brief. In the second part I will point out and describe the main strong and weak points of the education in the United States. I would like to mention that I chose this topic, because