Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1899-11-08
COIN FOR UNIVERSE.
DEMAND FOR MONEY THAT WILL
BE THE SAME EVERYWHERE.
Talk of a Cosmopolitan Coin Is Not
New-How 1t Would Prove a Boon
to TraveI-rs and Traders in All
Countries.

to Trave1=rs and Traders in All
Countries.
For many years commerclal men oi
all nationalities have spoken and writ
ten on the subject of the Introduction Oh
a system Of coinage which should nave
a universal standard. The proposition
has failed to meet with success on ac-
count of the difficulty in persuading the
people Of different countries to abandon
their own systems of coinage, when
appear to them part and parcel OF them
selves as much as their language itseH.
THE time seems approaching. said
financier, when it will be possible ana
perhaps advisable for the great nations
of the earth to meet in convention ana
adopt coin which shall be cosmopol-
itan, the weight and tineness OF which
might be determined by the convention
and the minting of which might be III
trusted to body of experts made up OF
representatives from all the nations
who care to enter into the project. 1t
may be some time before this comes
about, yet 1t would greatly facilitate
International business, especially since
large international transactions have
come to be quite common. Such coin
would probably never supplant the coin
local to the various countries In which
also the cosmopolitan coin became cur
rent, yet with education taking such
strides as 1t seems to be doing every
where 1t ought not to be difficult to in
struct the children In schools In the
table Of the proposed coin and give
them practical illustrations in it's use.
Such coin would not be welcomed en-
Enthusiastically by small traders In differ
ent countries who are wont to profit by
the unfamillarity of travellers with the
coin Of the realm and their. natural be-
wilderment In attempting to fix in their
minds the comparative value of articles
, considered in relation to the money
they have always handled, but 1t would
be boon to the great travelling worlds
public, to our globe trotting commercial
travellers, to opulent tourists and to in
dlgent emigrants. The current Is sure
~ in the direction Of universal har-
monzing Of commercial interests and
the elimination Of all the little lucky
cards and relegation of all things and
people in trade to sound basis Of IN
trinsc merit"
THE subject of cosmopolitan coin is
not a new one," said member Of
banking firm. "In some of the aspects
of the case 1t appears to be very desir-
able. 1t has been suggested that the
various commercial nations agree upon
gold coin. of uniform weight and fine
ness, to be given a name which would
be understood in most of the countries
agreeing to Its coinage Each country
| Is to coin its own pieces and to be re-
sponsible for their accuracy. The coin
is to have ON one side the stamp or
legend Of the country coming it and on
the other Its universal name. 1t will
readily be seen that with such a coin
In universal use, both in practice and
accounts, commercial transactions
would no doubt be greatly facilitated.
l do not look, however, for its early ac
complishment Its desirability Is not
sufficient to overcome the long estab-
/ lished customs of the various countries
30 as to lead them to relinquish the
names and styles Of their various coins.
Conservative England, for instance,
with Its cumbrous system, Is not likely
to relinquish It's pounds, shillings and
pence and adopt the decimal system of
France, Germany, Italy and the United
States. And 1t is not likely that the lat
ter would give up their quick and handy
decimal system for that of England.
On the whole, the idea is a very good
one, but, like many other good things
like the proposed metrical system, for
nstance-lmpossible Of accomplish
ment for various reasons at present"