tremendous blow at the monetary system of the country. It will cripple them so that they can not raise funds to fight us. There is considerable trouble in money affairs now, and the government is in arrears even on the interest on the existing debt."
So he rattled on, sketching what indeed was one of the shrewdest schemes ever devised for carrying on a revolution.
$3,000,000 Worth of Counterfeits
And now he had found a financial backer, a capitalist to float the enterprise, in the woman who loved him. He did not have to urge the little widow to put money into it; she thanked him for allowing her to do so.
Once there was real money to work with, things moved fast and furiously. A photo-engraver in New York was found to make a plate by the photo-etching process. From this photo-etched plate, transfers were made by an expert transferer. It was all done in about the same manner in which the government printed its money. They printed an enormous batch of the money, some three