Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-09-02

Originally All the currency In Cal.
iiotnla was gold and fractional silver,
oev ~, ~. .ne gold was produced there,
ahu ,ne way ~ get greenbacks was to
would take place In tho o,iirss NJ ti,ns
and gteeabacks OF large ACKNOWLEDGEMENT
took the place Of the az press c,,,r,,,is
drnitsi but the Introduction of a. an
Nnd $40 bills has been GLOW. a. tss
the uOductiOn OF silvor dollars
There used TO be gold dollars. hui tbsy
are rarely found In olrcuiation On
account Of their small Size. m. hmm
OF the California circulation nj the
siOrepi enl1Ont, cigar stores. mona,
Shops anu other like planes Ia guarter
and a half eagles Rud eagle, and
double eagles. Fractional sllvsf i
gwen In exchange for an amount on
lees Than n quarter eagle. The silver
dollar nud the u and g. bills arc alike
unpopular. The Californian likes 10
nave Tue value IN his pocket Instead OF
token OF 1t.
Through the farming districts begin.
Mug ~ she Interior OF prnusylyauia
nnd New YORK and running through
tno south uud west OF the Rocky
Mountains tue great coin h. the silver
uollaf-uut the silver certificate or
gfeunhsck, but the silver itself. pappr
money II In circulation through The
bauGs anu among the richer men and
tlv professional men, tut the money
oI TIE farmer ~ tho silver dollar.
rms Tact Of the almost exclusive
circulation OF tho silver dollar among
INC agricultural population accounts
W gtoht extent lot the dUmani Of the
farmers for free silver aud Increased
sllNer coinage. All the farmers want
moto money though there d. nothing
peculiar 10 thiF, Tor the desire 10 lave
more money De common 10 almost
everybody. From the fact that tho
silver dollar Is the kind u money thoy
nave an1 almost the only hind they
believe " there were more oliver dollars
more would foil 90 their harr,esperlal.
ly u the distribution were enforced i'm
some per capita manner, % through IA
national pawuIhpp, which would take
thcir crops anu loan them eilvor dollars
In cNchau.t.
Cold rarely circulalts In any AZ.
flculturul community east OF the
Rocky MouUtnins. Many OF the
farmers have gold, aui d they nc.
cumulitU money aud koup 10 around
the house they save gold by prefer.
tnce' There IRE fow sucks u green.
backs NJ silver dollars boarded In thp
country. Ihis habit goes back % the
days during the war, when gold was
~ "a premium, and any man who had
gold aud paper would spend the paper
aud keep the gnll. II was The more
valuable. la this manner hundreds
II millions u dollars Ia gold was
boarded, anu great part OF It still fe.
mHlns boarded.
Though the south the circulation OF
TIE silver dollar 10 almost univufsaL
Except In tie cities thBemall bills
rarely found IN circulation. For sums
under so thUsiIvrf u0llhr ls used. The
farmer who sells load Of hay ora
bale Of cotton or gets something TO hlot
Ia Trade ok Ucis his ray In silver,
which ho puts In canvas bog. lie
llkcs the weight " n, because that
shows he mas something thofo. he
docs not mlud the effect 10 has ON mia
walk ur on the sUt " his troussfa. IL
would be news that hA trousers had a
SOL
Tho kind Of moucy In circulation In
O locality d. nlm0st sure indication
VI the amount VI wealth aud VI the
lraliug habits Of tho community.
Inv whole matter OF circulation nr.
ranges iiHCll naturally O these liues-
thAi wherr the most money h it will