The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-03-25

ties in housekeeping. That it shall be
courrent as follows: For twelve guilders
current as follows: For eweIve guilders
or under. all may be paid in base-strl1ng
servant From twelve 10 twenty-four
glrlders, half base and half good strung
servant, and in larger sums according
TO the agreement between buyer and SCI
Ter" A penalty was established for non
compliance with the order.
In 1s5S the value OF servant was altered
TO eight white and four black OF the
good servant for one stuyver, a depreca-
ton q one-fourth; but former debts, II
cancelled within six weeks. might Dc paid
at former rates. This depreciation was
due 70 the abundance Of servant and as
q result Of the oversup2Iy beavers were
driven Up 10 the price OF sixteen guild
ers for one beaver This state OF things
developed wizards OF finance and cur
rency reformers'' By the wholesale. Il
was argued that according 70 the ratio
OF difference between the beaver and
''sewan'' currency, AL family c0mmo1i-
ties and daily necessaries followed up in
proportion. 50 that shopkeepers. nechan-
keepers. and common grocers, made q
difference OF 50. 30 and vene 100 per cent
whether they sold their goods for beaver
OF sewaEt-" OF course, this class OF f.
uanclers advocated an ordinance which
would equalize the value Of the legal
tender The argument as 70 the mex
pediency OF making a reduction in the
value OF beavers was. That through
this REDUCTION the complaints concern
ing the high prices, or the disprop0rtton
betwixt the payment IN beaver and Sc
want win not be remedied. but on the
contrary, il would be right 10 presume
that the trader for the greater number
Of sewant he receives. the greater length
Of the hand or Of the farhon he will
have 70 give for The beaver: and conse-
queutIy and necessarily the high prices
must continue for such necessaries as
beer and bread. and viii be justified IN
der the cloak Of the great disproportion
oetwixt servant and the beaver"
II was further argued that a better
remedy would be 70 fix the price Of COM
modtties- This view was adopted by the
Director-GeneraI and Council and in con-
formity with II II was ordered, That
the brewers, tapsters. bakers. and other
shopkeepers and common grocers should
sell the daily necessary commodities 10
the buyer at three diferenct prices. TO
wit: Silver money beavers, and servant
AS, for instance, the brewers. should
deliver one barrel Of good beer for ten
guilders in silver money. according TO
the Holland value Of fifteen guilders n
beavers, the beaver at eight gIIilders 70
twenty-five guiIders. in sewant eight
white or black for a stuyver" In ike
manner all other trades were regulated.
In 1861 the Burgomasters and Schepeas
wrote TO the Fatheriand for authroity
TO establish mint FOR the coinage Of
silver and the privilege Of making Sc
wan. without which no beavers could
be obtained from the sava ges" This
privilege the Amsterdam directors re-
fused 70 yield The servant currency
was still further deprecated IN 1852. and
servant could not be passed at a. higher
rate than twelve beads for a stuyve-
When the English obtained possession Of
New York the supply Of servant fell or.
and its value increased 400 percent which
made the fortune Of some lucky sDecu-
lators. In anticipation Of a stiII greater
increase in value the rich brokers Of that
day bought up all the servant they could
find. In the language Of the time they
planted it." in the language Of today.
they "cornered the market Frederick
Phinspe. who lived in the house which
now does duty as the court house IN
YOnkers had whole hogsheads Of the
servant money stored away In 1886 ''the
servant could be exchanged for sterling
silver at three for one. and those who
had made contracts TO pay in servant
could get none with which 70 fulfill their
contracts and thus great losses were
made"
As late as 1-07 the ferry from C0euties
Slip to Brooklyn was leased 70 James
Harding and the following rates ot FER
rage fixed Every single person. eight
stuyvers in wampuu, or silver two pence,
each person in COMPANY. four stuyverz
in wampum. or a silver penny: II after
sunset. double ferriage Each hog eight
stuyvers in wampum, or silver two
pence, Each shsep, four stuyvers in
wanpum. OF q silver onepenCe- ct +
presumed that the above animals were
bonafde) A frkin Of butter. two stuy-
vers wampum." This date marks the
passing OF the servant currency.
though it continued 70 be used in he in
eri0r trade with the Indians many years
later.