The speaker then went into technical dotalls regarding the process of engraving, and its various branches applied to bank-note production, and concluded: "Bank-note printers nowadays have to do more than prevent a forger from obtaining a nega-live: we have to print the notes in such a way as to prevent the forger, even when he has a negative, from being able to print his notes in such way as to be able to deceive the ordinary general public, which is done in various ways. Most modern bank: notes use a watermark, but there are very few banknote forgeries made since the War, where a good. watermark, particularly of a portrait, ha: been adequately forged. We cannot make a note which cannot be forged—there 4s no such thing: we try te make it as dificult as possible, and as tedious as possible for the forger, bhut our real object is to print the notes in such a way that the forger will forge somebody else's notes Gaughter), Bankenote manutacturcers are the only people in the world who are entirely altruistic, because they spend the whole of their time in making money for other peopl
Text read from the printed page and cleaned; old type leaves the occasional error.