The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1893-07-26
Money.

carrats fine.
Many Roman tin coins are known to be
in existence. III.
The gold coins of Great Britain contain
one'twelfth alloy.
The Spartans had an iron coinage, nc
other being allowed
The United States silver Sc piece was
first coined in 1851.
The first coming machine was invented
by Bruchner in 1858.
The notes used by the Bank of England
cost exactly lc each.
Julius Cesar was the first man to put
his own image on coin.
Aristotle says that money exists not
by nature, but by law"
The first colonial coinage was minted
in Massachusetts in 1852.
The Lydians were the first to coin
money, about b. c. 1900.
The coinage Of 20c pieces began in 1875
and was discontinued in 1878.
The American cents of 1887 bore the
motto "MiDd Your Business"
The coinage Of trade dollars began in
1874 and was discontinued in 1873.
Brass money was coined in Rome by
Servius Tullius as early as 573 B. @.
Before the days of coined money the
Greeks used copper nails as currency.
The first English laws against counter
feiting was issued in HOS by Henry !.
The United States mint was established
in 1882 and at once began operations
Silver was first coined in Rome in b.
9. 269, when Fabius Pictor set up mint.
In 1874 Napier's coin-weighing ma
chine was put in use in the Bank of Eng
land.
Over 1000 series of Greek coins, issued
by independent cities, are known to ex-
list.
In the fifth Century before Christ re-
fined copper was deemed as precious as
gold.
The trade dollar was intended for use
in commerce with China, India and ia
pan.
The first American coins were made in
England in 1912 for the Virginia Com
pany.
The first English gold coins were mint
ed in 1857, in the forty-second year of
Henry III.
In 1881 the invention of milling the
edges of coins, to prevent clipping, was
introduced.
Down to the Norman conquest the Bril-
tons had "living money" and dead mon
ey;" the former being slaves and cattle,
the latter metal.
The bronze cent and two cent pieces
were first coined in 1864 and the nickel
half dime in 1866.
In 1897 the EngliIh coined gold pen
nies which weighed l-l2Oth OF a pound
and passed for 20 pence.
Vermont and Connecticut coined cop
pers in 1885. New Jersey and Massachu-
sets did the same b 1856.
Paper money wa first issued by the no.
torious John Law. His issues exceeded
$l2O, 100000.
In 1920 the first hrge copper coins were
minted in Englan J, putting an end to
| private leaden TOXINS.
In the early yeds OF this century there
were thirty-three Ons Of silver to one OF
gold in circulation
Tobacco and waehouse receipts issued
after it was stored were both issued in
Virginia as none.
In 1000 ounces our gold coinage there
are 900 ounces obure gold, 10 ounces Of
silver and 80 of dpper.
In the worlds hints from 1850 to 1890
there were coine Sl94 tons of gold and
81, 235 tons Of siler.
The purchasiI power OF money in the
days OF the Ronh Emperors was about
ten times what is at present.
The plan for decimal coinage for the
United States VI suggested by Jefferson
in 1885 and added by Congress.
| When Leydd was besieged by the
Spanish army il 1874 the city govern
ment issued cr4t notes on leather.
The average of note OF the Bank
of England is ahttle less than seventy
days. Notes a never reissued,
The currencbf the Argentine Repub-
lie consists akgether of paper notes,
ranging in val from lc up to 800.
According y acOb's estimate, the Ro-
, mans Empire the time of Augustus
! possessed e33SO0,O0O OF gold and silver.
The first melon OF money in the scrip
tures was Abrams purchase OF sepul-
cher, for 400 ekels OF silver, b. @. 1860.
Cakes Of ten India, pieces of silk in
China, salt ihbyssinia and Goldfish in
E Iceland havel been used as money.
The total aunt OF money issued by
, the Continent Congresses and the States
to carry on tlwar OF the Revolution was
} not short of 100000.
The Direct of our mint says that the
P United Statd las 1854, 900, 600 gold, $780,
OOO, 900 silvd4O5, 0O0, 900 paper, or over
+ $50 10 each ikbitant. -Globe-Democrat
y
? II you q afford to be annoyed by
7 sick headh and constipation, don't
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