“F.E. Smith, the great English barrister, once said of Winston Churchill that he had spent the best years of his life preparing his impromptu remarks. These are my impromptu remarks.
“It is said that following a lengthy and somewhat difficult argument in the Supreme Court of Canada, the late Senator Farris took a lengthy Mediterranean cruise to recoup his energy. Some weeks into the cruise he received a cable from one of his juniors. It read: “Justice triumphed”. The Senator replied: “Appeal at once”.
“The largest single haul so far came in early September, when police officers raided a printing press in Lima’s San Juan de Lurigancho district. While the house had been under surveillance for some time, officers were stunned to discover the extent of the operation. The final tally of the six different currencies produced was just above $27 million. Fake U.S. $100 bills accounted for nearly one-third of the total, while euros accounted for another $4 million. The rest of the bills were Bolivian, Chilean, Peruvian and Venezuelan currency.
“A month earlier, agents ran a sting operation that netted $1 million. The drop-off point was the food court at an upscale Lima shopping center built into cliffs overlooking the ocean. The counterfeiters agreed to sell each $100 bill for $5 to an undercover agent. The three people arrested had initially agreed to sell $3 million in fake bills. Around 20 illegal printing presses have been dismantled in Lima, each capable of turning out mass amounts of bills.