THE FORGED NOTES.

Taihape Daily Times, 19 April 1919, Page 5

THE FORGED NOTES.

WHY BANK DON’T PAY.

WELLINGTON, April 16

“Some of the public arc very much incensed because we don’t pay on all forged National Bank notes in circulation,” states Mr Duthie, general manager, “but they don’t veqognise that if we did so. wo would never catch the thief.” He added that since the bank declined to pay, very few forged notes had come in. One of the notes passed in at Christchurch had the number (5 clveerly altered by a fine pen into the figure 3. Inquiries made into the matter had disclosed almost an organisation for pilfering on the wharves. It had brought into prominence the fact that this pilfering was going on at a. terrific rate, and it is to the interest of the public that the thieves should bo discovered, even if the public, suffered some slight embarrassment in the meantime. It was a strange thing that a bundle cf forged' notes could uif up among a number of men on the waterfront, as bad apparently boon done, yet no trace of those con--1 ‘rued in the fraud had up to the present been discovered.