The Minneapolis journal., 1902-07-03
CANADA COIN GOOD
Street Railway Company Will Ac-
cept It at Par.
AN ORDER ISSUED TO CONDUCTORS
Amount of Canadian Coin in North
west Is Large and In
creasing. -'r g. :.

Progress toward the commercial an
nexation of Canada is being made Vice
president Goodrich and General Manager
HELD of the Twin City Rapid Transit
company have declared Canadian money
good" in Minneapolis. Conductors on
the street railway lines in both cities
have been notified by official circular to
accept Canadian money at par. Interna-
tional barriers have been torn down.
big step has been taken toward making
the Canadian who brings money to Min
neapolis feel perfectly at home. Another
link in the Anglo American chain has
been welded. No longer will the Canadian
subjects of England's king on whose do
minions the sun never sets feel that the
circulation of their money is unjustly
hindered by discrimination in Minneapolis,
nor the homeward bound toiler on the
company's cars accumulate his average of
sore eyes in endeavoring to discern
whether the head on the dime has the
determined II will'' mouth of Columbia
or the passive features of Englands de-
parted queen.
Conductors Pleased.
The street car conductors were inclined
to celebrate when the circular announc-
ing that Canadian money could be taken
at par was received. They say that much
Canadian coin is offered and that the new
planation which they have been forced to
make each time Canadian coin or bill
has been presented. They comment upon
the increased amount of Canadian money
offered in the last twelve months. This
Is due probably to the fact that. many
people from the western part of the
United States have been making invest
ments in Canada. Thousands of home
seekers and landseekers passing through
MinnpanntiS nf a Nf
| investigation, have brought Canadian
money back with them. A Canadian Wis
itor in the city makes the point that this
is but one way in many in which Can
adian money will stick to Yankee fingers.
Canadian Money Plentiful Here.
Bankers and all large handlers of money
were interested in the Twin City COM
pany's announcement. The amount of
Canadian money received by Minneapolis
business houses has increased largely in
the past few years. Minneapolis is head
ing the invasion of western Canada, and
through the business done over one of
It's main feeders, the 500 road, has
handled a steadily increasing amount Of
Canadian currency. Although the ordi-
nary citizen caught on a street car with
just one quarter in his pocket, and that
Canadian piece, has been forced to stand
twenty per cent discount, the discount on
Canadian money Imposed by the banks
has been gradually growing less until now
it barely covers the carrying charge.
Most of the banks with their steady Gus
toners have imposed no discount at all.
It was through the assistance of one of
the banks that the Twin City company
saw it's way clear to issue it's recent
order.
In northern Minnesota and northern
North Dakota counties Canadian money
circulates as readily as American coin and
currency. The southern boundary line in
this zone Of free circulation is being
| steadily pushed south and in this line of
progress the street railway company's
announcement can be considered an event.