Americana: Extra Credit

In Allentown, Pa., five teen-agers have been charged with forgery in a scheme involving hundreds of counterfeit $1 and $5 bills that were printed in their high school shops. The extralegal, extra-credit work began when a junior at William Allen High School fashioned his aunt a novel Christmas gift: a "money tree," fluttering with $5 bills the boy had run off on the school's press. The boy's uncle promptly destroyed the present. But some of the artful student's classmates swiped hundreds of the spurious notes.

Meanwhile, a sophomore student at nearby Lehigh Valley Vocational-Technical School printed up 300 false $1 bills on...

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