Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1892-05-12
INTRINSIC VALUE"

about intrinsic value'' as applied to
the root of all evil Accosting his pa
one day, the lad said:
Say, pa, have been saving the pen.
nies, nickles and dimes which 1 have
earned and have whole dollar.
That is right my boy. Learn to take
care of the pence and the dollars will
take care of themselves.
Say, pa, what makes money?
Money, my son, is something of in
trinsic value which has the stamp OF
the government upon it telling how
much it is worth.
What good does the stamp of the
government. do, pa?
1t does no good only to show how
much the metal in the coin is worth.
Then this stamp on this one cent
piece means that there is one cents
worth of copper in it, does it?
Well, not exactly in that case, my
son, for the copper in that cent is rot
worth one tenth of cent.
Oh, jeminy, then this amt cent is
it, and the man who gave it to nae for a
cent cheated me, didn't he? Dog his
ugly hide!
Tut tut, my boy, don't use such ex-
pressions, that money is all right.
But pa, you said it amt worth a
tenth of cent. How can it be all
right? Is it right for some big man to
cheat me!s
1t will pass for cent.
Then let me pass five of them to you
in exchange for anickle.
All right. Here is your nickle.
And here are your worthless pennies
which you can palm off on some boy
that don't know anything about mon
ey. This nickle is good amt it pa?
Yes.
1t has five cents worth of metal in it
ain,t it?
No, it has not.
How much does it lack of it?
Oh, it has about cents worth of
metal in it.
Cheated again, so help me bootsl
Say, pa, will trade you all these
nickles and dimes for silver dollar?
Have you enough to make dollar?
Well now, pa, don't IKE to cheat
you, have ten nickles and five dimes.
If you count 'em for. what you say
they are worth, these ten nickles would
be worth only ten cents, but if you
count 'em by what they have stamped
on 'em they are worthofifty cents.
o will take them for their face value;
here is your dollar.
Bully for you. Pa. you are daisy.
Come, come, my son, don't use those
street phrases.
Well, I feel good now tell you. 1
have traded off that worthless stuff and
got some good money, amt L?
Yes, that is good piece of money.
Good by, pa.
Where are you goingP
L am going to punch "a hole in this
dollar and put stout string in it and
tie to my suspender button so that I
cant lose it.
You must not do that or your dollar
won't be good.
Why, pa, won't punch out any of
the metal?
That don't make any difference, if
you make hole in that dollar it will
be worth only so cents
Amt there dollars worth of silver
in it?s
No, there is only about 20 cents
worth.
Skunked again, and out on the third
strike. Say, pa, your slick 'un.
Why do you apply such low term
to your parent, my boy9
Well, you had me trade off those
worthless cents and nickles for dollar
equally worthless. I thought I was
putting it onto you all the while and
you knew 1 wasn't. Say, have you a
gold dollar?
Yes, believe have.
I'll trade you this silver dollar for it.
Well, here is your gold dollar.
And here is your seventy cent silver
dollar. AT last have dollar that has
dollars worth of metal in it, amt 1?
Not exactly. You see in coming
gold dollars they put in ten per cent
alloy.
What's alloy?
Copper and silver.
Then there amt dollars worth of
gold in this money you have traded me?
No.
Out on the home base! Say, boss
pa l means worked like smoke to get
this money and if you have any good
money I should like to have it. Have
you papersdollarp
Yes.
Is that good?
Yes.
Well, then fork ib over.
Don't be so rude, my son, here is
your paper dollar.
has that gotta dollars worth of paper
in it?
No, not penny's worth.
You said it was good.
O. =