His father was a working man, and at fourteen the boy was apprenticed to Messrs Bradbury and Evans to learn bank-note engraving.
During this period the bank-note circulation was increased to $161,700,000, and two mortgage banks - the National Hypothecary Bank and the Provincial Mortgage Bank (of Buenos Aires) - flooded the country with $509,000,000 of cedulas (hypothecary bonds).
For notes of hand or promissory notes see Negotiable Instru Ments and Bill Of Exchange, and for notes passing as currency see Banks And Banking, Bank-Note and Post.
They still had a Bank Note Reporter to print, and soon got the printing of a tri-weekly paper, the Constitutionalist, the organ of some lottery dealers.
The bank-note circulation rose in proportion.
