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The Secret Service and Infamous Counterfeiters

"Protection and Investigation"
-the dual mission of the the U.S. Secret Service

During the American Civil War as much as one-half of U.S. currency was counterfeit. It was during this period that the investigation mission of the Secret Service was established. During its history, the law enforcement agency of the Department of the Treasury has foiled the attempts of hundreds of "print-it-yourself millionaires". Here are some of the more famous cases taken from "Moments in History" , a Department of the Treasury publication.
  • The "King of the Counterfeiters" was William E. Brockway who operated between 1850 to 1890. He took pride in printing realistic notes and avoiding capture. The highlight of his career came when he printed a batch of $1000 bonds. Even the Treasury department was fooled and lost about $75,000. It took the Chief of the Secret Service William Wood to even recognize that the bonds were counterfeit. The Treasury Department offered a reward of $20,000 for the capture of Brockway. Chief Wood traced Brockway to Philadelphia where he was living the lifestyle of the rich and the anonymous. Wood, in a questionable legal move, took Brockway and his lady friend hostage for several days until he got a confession and the cash.

    The Secretary of the Treasury never gave Chief Wood the reward, because he said the the Treasury "couldn't afford it!"
  • Pete McCartney was as famous for his jail escapes as his counterfeiting. He once jumped from a moving train while he was handcuffed and manacled. Every so often in his 1860 -1875 career he would repent, turn in his plates and go to jail. When he would get out he would go back to passing his bogus notes.

  • McCartney was once interview by the Secret Service Chief in a jail cell in St. Louis. About 10 o'clock that evening, McCartney decided he wanted to continue the conversation. So he broke out of jail and went the the Chiefs hotel room to pick up where they left off. He willingly returned to jail with the startled Chief.

  • Emanuel "Jim the Penman" Ninger was a sign painter with a sideline. He liked to paint $50's and $100's. Each note was an individual work of art hand painted on bond paper. He even made slight "improvements" in the official design when he felt the government designer had done a poor job. When Jim had enough notes he would travel from his New Jersey farm to New York to buy painting supplies with and for his art. For fourteen years he financed his trips in this manor, until 1896. After a career of successfully passing $40,000 in near perfect notes he made the mistake of going into a bar to buy a drink. He laid the fake bill on the wet bar and the ink ran. The bartender, not a patron of the arts, turned him in.

  • Arthur Taylor and Baldwin Bredell were Victorian partners in crime. They turned their cigar shop in a photoengraving business to make counterfeit tax stamps. When they tried their hand at making currency they were caught gluing the backs to the fronts of their bills. Their notes were excellent, but too thick. Incredibly they served time in the same prison cell. With the help of a lawyer and equally crooked relatives they used smuggled tools to continue to turn out very authentic-looking notes from jail. After a second sentence, with no extracurricular printing, both men went on to become honest successes. Bredell became the founder of an engraving and lithography firm!

  • In addition to printing counterfeits, the Secret Service is called on to investigate other crimes involving U.S. Government obligations and the Treasury. In 1889 the Philadelphia Mint was missing $130,000 in gold bars. It was not a case of a "break in", but a "sneak out". The case was solved in one day, when it was noticed that one employee had reinforced trouser pockets and heavy duty suspenders.

Possibly the most ironic incident of the Secret Service took place on April 14, 1865. This was the day Abraham Lincoln gave presidential approval for the founding of the Service. That evening in Ford's Theater the President was killed by John Wilkes Booth.

  

Copyright (C) 1999 by Frank Granger

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