Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1878-11-09
NASBY.
Mr.. Nasty Gives a Further Account OF
the Progress of the Fiat Money
EXneriment.

the State Nv Kentucky, Octobe
26, 1878.-We he'd great deal u
trouble with Bascom to git him t
consent to accept fiat money fo
his likker. He sed he wuz willin c
we Good git the Louisville like
deelers to take it for whisky, bu
not otherwise.
"When what 1 hev is all gone,
! he sed, " how kin | replenish e
thew wont take the money | hev!'
/ thought Their wuz suthin in this
and l he'd mind to sling at hin
the text Sufishent for the day i;
the evil thereof, and the whisky
likewise" but it don't do no GOOD
to quote Scripter at Bascom. He
knows only one text" Pay what
thou owest," and he hurls that at
me with great frekency wen l quote
Holy Writ at him. The more
finer passagis he don't know nuthin
Nv. He is a one sided man.
l sejested that we call to US a
Louisville dealer and see eff We
coodent compermise on the Fiat
money. One happened to be in
town and l got him into Bascom's
to interview him. He wuz very
pleasant gentleman, and a food
talker, but wuz sadly defshent in
financial knowledge. [ asked him
why Louisville woodent take our
Fiat money?
my deer sir" wuz his reply,
''we can't take it becoz Their amt no
necessity for takin it. Eff we want
Fiat money, wat is to prevent our
hevin our own? | believe IN sup
porting our home institooshens.
The printin facilities of Louisville
are excellent. We hev printin of
fees without number, and coal for
power is cheep. When we git to
hankerin after Fiat money, we don't
intend to send to the Crossroads
for it. All we hev to do is to send
to a printIn offs and git it struck
off. We kin do printin jist ez cheep
ez 700 kin, and, ez it amt never
goin to be redeemed, the faith Nv
the City Nv Louisville is jest ez good
es the faith of the Crossroads.
Their wuz nothing to be made out
Nv a man with SIGH antekatid no>
shuns, and | left him in disgust, and
a committee waitid upon Bascom
agin. He thot the matter over, and
when l sejestId to him that the
wood hev to be taken, he con-
sentid on these condishuns
The glass shood be set on one end
NV a counter scale, and we shood
pour-drinks into it. Then, afore
drinkin it, we shood put ez many
dollar bills NV the Fiat money on
the other end NV the scale ez wood
balance it. That is, we give pound
for pound, the glass includid. This
worked very we'll. We he'd to ishoo
an enormous amount Nv it, and
Simpsons press wuz KEEP runnin
day and mite, and Sundays, but we
swelled the vollum so the Corners
didn't suffer the pangs NV thurst
very much.
But jist ez We got this to runnin
smoothly another trubble okkurred.
One day Bascom foond among his
wich he didn't know. 1t
wuzn't of the CROSSROADS, at all.
The legend on its face wuz different.
1t had the same, "This is a dollar"
onto it, but it was seccoored by the
faith Nv the corporashen Nv Liberty |
vile. The next day there wuz one
from Secessionville, and the next
from Davisburg. This wuz more
than we he'd bargained for. On
investigation we diskivered that
every Village and Moonissipality
within a range NV fifty miles had
aiken our idee and was ishooing
Fiat meney.
This woodent anser at all. We |
lidn't want anybody's else's Fiat
ez we felt that we Good print |
,nuff to support the entire county.
We refoozed to take it. We held
neetin Nv the Common Council and
10 resolved. Then the other towns
leld meetings, and resolved not to
axe ours until reel procity wuz
and that brought us to
erms. We wuz compelled to
ecognize the fact that they he'd ez
rood a rite to ishoo money ez we
lad, and so we decided to take
everything that come to us, that
yuz properly stamped. Possibly it
1uz a mistake, but we did it.
Then it come thicker and faster.
t commenced coming in single
ills, then in masses, and finally by
he hundred wait. There wuz a
God, a avalanche of it. There wuz
nilions of money in the Corners,
Millions 1t come to be more than
billions. We had our own ishoo,
7hich wuz increasin every day, and
d addishn we he'd the ishoos Nv all
he surroundin country pourin in.
We never saw so much money in the