Carson daily appeal. [volume] (Carson City, Nev.) 1873-1877, 1876-04-15
THE TRADE DOLLAR TROUBLES
IN SACRAMENTO.

The trade dollar trouble has been for
some days the chief topic in business
circles, and yesterday tho matter
reached q considerable pitch OF excite
ment when lie brokers hung out their
signs that they were buy ing trade dol
lars at - cents and paying in halt
dollars. Numbers of business houses
have put up placarls, "Trade Dollars
Taken for SO Cents only" Officials,
whose duty il is TO collect licenses,
taxes, water rates, etc. having ar
nounced that they would not receive
trade dollars at all, a good deal of pub
lie feeling was manifest, and no little
public Indignation. This brought on a
search for the law, and it is claimed
that according TO the latest United
States Statutes, those of 1873, sections
3,5IS, 3,5l5 and 5,5S6, trade dollars are
"a legal tender al their nominal value,
for any amount not exceeding five dol
lars" This being established, q dis
position has been manifest TO test the
law, and We learn that three attempts
were made under direction of q procli
nent lawyer yesterday TO make test
cases, but i'll each instance the parties
took alarm, received the trade dollars,
and thus defeated the contemplated
law suit. Another test VIII be made
to-day with a local corporation One
g-en:leluGu %: rGsrOnsibilIty anDOun-
ced yesterday his readiness to buy
trade dollars at % cents, and pay in
gold, but no great run was made upon
the offer. The coins are refused very
generally throughout the city, ezcep:
Mt the discount rate of 10 cents. Some
merchants announce their prices as
unchanged, and trade dollars taken as
of old. The excitement has caused
large numbers of dealers to put up
prices, if payment is offered in silver.
Very many amusing incidents are told
of the trade dollar and silver excite
ment. The Postmaster put out a sign
that he would not sell stamps for trade
dollars, while Creenbacks, which he
must take, are at heavier discount
than The unfortunate "Trade." The
matter created much talk, and late
yesterday his sign was taken down.
Trades refused for taxes" was the
order at first, but trade is now stricken
out, and legal silver tender substi
tuted in the official notices The As
SCISSOR issued a mandate TO refuse trade
dollars for poll taxes. but in short
time it was understood he too fell down
and Withdrew the order. = lot of re-
tail butchers, dependent upon slaugh-
;erers, prepared to do their own killing,
and when the slauShterers refused 10
take silver, coollv told them to furnish
no more meat; the slauShterers have
succumbed, and the inca. market IS
still on a silver basis. 4 dealer on j
street, above Seventh, sold goods to q
purchaser who begged the merchant
TO take roll Of silver IN pay, which
with some demur and out Of kindness
to his customer, he did. The chap paid
the silver over. and in the next breath,
pulled out $50 gold piece and want
cd the merchant to hIy it at tho regu-
lar premium. The merchant was
overcome with the fellows cheek and
promptly swore aloud. A furniture
dealer on X street was forced, or per-
sUade1 to take silver in considerable
amount of customer, who thereupon
produced a package of gold and asked
the man Of walnut and mahogany if
he'd buy his gold. Certainly" was
the reply of the chagrined merchant.
w Kat VIII Ou o<1ld tGc h
chap. "Three per cent. PREMIUM
was the reply, and the bargain was
sealed. That being done, the merchant
shook the coin at the customer and |
told him IN 10 soft terms that he'd got !
even with him, as gold was worth |,
more than twice what he'd bought it |
for. of q sharp fellow. = stall dealer |
IN little fruits, refused to take trade |
dollar and give silver change for 4 |
quarters worth of confections. The |
customer retired, but soon returned, |
ordered tho goods anew, and, Selling |
the package, cody counted out % nick |
els to the disguised vendor Of small
things, who growled, but had to take |
illegal tender" Several instances have |
come to light OF dealers sending silver
coin below to wholesalers with this
note, flake il, or Well pay the dis
count and trade elsewhere."-I 1t has
been taken. Generally,
the courage of tho people
rose, and the order seems now to be
from customers to merchants, and ten
ants to landlords, stake our money
as We get it, or lose our CUSTOM"
These, in turn. are issuing the same
order to their debtors, and so rapid
change Is going Oh as TO the silver
question in this city Sacramento
isecord- IniOn April 18th