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

one'twelfth alloy.
The Spartans had an iron coinage, I
other being allowed.
The United States silver Sc piece WI
first coined in 1851.
The first coming machine was in vente
by Bruchner in 1868.
The notesu used by the Bank OF Englan
cost exactly lc each.
julius Cesar was the first man 10 pt
his own image on coin.
Aristotle says that money exists nj
by nature, but by law"
The first colonial coinage was mint
in Massachusetts in 1852.
The Lydians were the first to col
money, about B. G. 1000.
The coinage of zoe pieces began in 1877
and was discontinued in 1878.
The American centsof 1887 bore tlC
motto "Mind Your Business"
The coinage Of trade dollars began I
1874 and was discontinued in 1873. A
Brass money was coined in Rome ),
Servius Tullius as early as 573 B. G..
Before the days of coined money tn,
Greeks used copper nails as currency.
The first English laws against counter
feiting was issued in HOS by Henry /.
The United States mint was establishe,
in 1882 and at once began operations
Silver was first coined in Rome in 4
G. 269, when Fabius Pictor set up mint
In 1914 Napier's coin-weighing ma
chine was put in use in the Bank OF Eng
land.
Over 1000 series of Greek coins, issue'
by Independent cities, are known to ex
list.
In the fifth Century before Christ re
fined copper was deemed as precious a
gold
The trade dollar was intended for us
in commerce with China, India and id
pan.
The first American coins were made il
England in 1912 for the Virginia Com
pany.
The first English gold coins were mini
ed in 1857, in the forty-second year d
HenryIIII.
In 1881 the invention of milling tile
edges Of coins, to prevent clipping, WIS
introduced, -
Down to the Norman conquest the BIZ.
tons had "living money" and "dead mon.
iey;" the former being slaves and CATH,
the latter metal.
The bronze cent and two cent pie@s
were first coined in 1864 and the nickel
half dime in 1866.
In 1897 the English coined gold pen.
MES which weighed l-12Oth of a pound
and passed for 20 pence.
Vermont and Connecticut coined cpp.
pers in 1885. New Jersey and Massaclu
sets did the same in 1856.
Paper money was first issued by the no
torious John Law. His issues exceeded
$40, 1000 900.
In 1920 the first large copper coins wfre
minted in England, putting an end to
private leaden tokens.
In the early years OF this century Il bre
were thirty-three tons Of silver to one Of
gold in circulation.
Tobacco and warehouse receipts Issued
after it was stored were both issued in
Virginia as money.
In 1900 ounces of our gold coinage there
are 900 ounces of pure gold, 10 ounce OF
silver and 80 OF copper.
In the worlds minis from 1850 to 1890
there were coined sl94 tons of gold and
81 ,235 tons of silver.
The purchasing power Of money iIthe
days of the Roman Emperors was about
ten times what it is at present.
The plan for decimal coinage foIthe
United States was suggested by Jef9son
| in 1885 and adopted by Congress.
When Leyden was besieged by the
Spanish army in 1874 the city govern
ment issued credit notes on leather.
The average life of a note of the lank
OF England is little less than seYnty
days. Notes are never reissued,
The currency of the Argentine RPub.
lie consists altogether of paper Dtes,
ranging in value from lie up to 500.
According TO Jacob1 estimate, the 40
II
mans Empire in the time Of Augustus
possessed f33s, OOO. 900 NJ gold and silver.
The first mention of honey in the Grip.
lures was Abraham's PURCHASE Of $pul,
cher, for 400 shekels OF .ilver, B. @. 500
Cakes o. tea in India, pieces Of 81 k in
China, salt in Abyssiniapnd codfisl in
Iceland have all been usd as money.
The total amount OF m,ney issue by
the Continental Congressional the states
to carry on the war OF the levoutioh was
not short OF $500, OOO, 900.
The Director OF our mintsays thu the
United States has 1854, 900, No gold, 1876.
100000 silver, $4O5, 600, 900 hper, o. ovel
$50 to each inhabitant.-Glde- Democrat
II you can afford to BID annoyed by
sick headache and stihtion, don'i
use DeWitt's Little Early Riseis fol
| an sa., lttla ,,ille Mill cura tlIn, ID