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Collection Reference Number GLC00496.012
From Archive Folder Documents Relating to 1804 
Title Report of a committee of the Bank of the United States that was formed to investigate an alleged counterfeiting ring in North Carolina
Date 20 July 1804
Author Boudinot, Elias (1740-1821)  
Document Type Business and financial document; Legal document
Content Description Also signed by George Fox, both as members of the committee. They confirm the existence the ring, saying of it that it is a "very extensive Combination, and of a very formidable nature, to counterfeit & pass Notes purporting to be of the Bank of the United States." It includes men of property and influence. They suggest remedies, saying that they are supported in these by Pennsylvania Congressman Joseph Clay. In June 1804 Secretary of the Treasury Albert Gallatin and Governor of Virginia John Page had requested that a committee of the Bank of the United States be formed to investigate their suspicion of the existence of the ring. At the time of this report Boudinot was Director of the United States Mint. One black and white bust engraving of Boudinot included.
Subjects Economics  Finance  Forgery and Fraud  Counterfeiting  Coins and Currency  Bank of the US  Banking  Congress  
Place written Philadelphia, Pennsylvania
Theme Law; Banking & Economics
Sub-collection The Gilder Lehrman Collection, 1493-1859
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859