40 



Mr. Faraday on the 



died in New York . in 1793. A cousin of Leigh Philips', 

 Nathaniel, son of Nathaniel, the before-mentioned brother 

 of John Philips of Bank Hall, also resided in Philadelphia : — 



Northumberland, Pennsylvania 



August 25. 1 8 10. 

 Dear Sir 



I have read with great pleasure, your observations in the Monthly 

 Magazine on the most effectual method of preventing counterfeit bank notes. 

 The multiplicity of the Paper-Money Manufactories called Banks, in this 

 Country has occasioned a number of counterfeits ; and I have had to send 

 about half a dozen of the Counterfeiting gentry to jail within these six months. 

 I have dissemeninated your Ideas as far as I was able, but I do not find that 

 there is as yet any motion made to unite on the face of a note so much talent 

 as will effectually prevent the frauds that have been committed. 



In the New England States, they adopt a peculiar species of engraving on 

 Steel, which may probably answer the purpose for a time. In this State, an 

 ingenious engraver of the name of Murray has proposed a mode of preventing 

 counterfeits, by making parts of the plate moveable which are struck off in 

 different colours ; somewhat in this manner : 



The round spaces are parts of the plate separated, but fitting exactly 

 when inserted in their places. The colours of the Ink may be varied at each 

 impression. I think it will be adopted. Should any more feasible plan occur 

 in England I fancy there will 'ere long be a disposition to adopt it here. 



I observe also in the Monthly Magazine a notice from you on the intro- 

 duction of the Smyrna Madder. That Plant and The Wild (Reseda Luteola) 

 would certainly succeed well here, and might be made an article of profitable 

 export. I much wish for an Opportunity of trying them, and know of no 

 person so likely as to render me assistance in this respect as yourself. I should 

 hold myself very much obliged to you, either for a few seeds, or (if you think 

 they would grow) a few plants of the Smyrna Madder. In about half a 

 Century we may perhaps commence manufactures here, but as yet our progress 

 in that way is little more than family manufacture, and our business is to 

 export the raw and import the manufactured material. We have as yet neither 

 hands sufficient, nor capital enough, nor knowledge enough to interfere with 

 you in any way worth notice. People are trying in various places, but the 

 attempt to meet you in the Market is out of the Question. 



