The sun., 1908-05-03
VARIATIONS IN PAPER MONEY
BANK NOTES FROM 4 DISTANCi
SEEN ~ NEW TORN,
And Nou Can study Geography a. lcu
Pass Them AlOnE tO Your Creditor,
Some Canadian Currency which =.
Decidedly Unpleasant TO Handle

Pass Them AlOnE tO Your Creditor
Some Canadian Currency which ',
Decidedly Unpleasant TO Handle
The money panic gave New Yorkers ,
/ chance to enlarge their ideas ~ Reograph'
! They had got used in this town TO hsndlr.
almost exclusively certificates issued i.
the United States. Now and then a bal
note would appear, hut usually II wou'o
be one issued by some we'll known Ne
| York bank
When money began to get scarce mor
= hank notes appeared, and then people e."
TO checks. When paper currency sgau
circulated somewhat freely msrkeu
/ change in its character was noted \.
| employee Of business concern whl,U
paid in checks for a few weeks put bis .,
! periences this way.
/ 1T sure was a great relief to find re,,
I money in my envelope on payday Bu
there was never yellowhack or 9th
Treasury note in the loi. II vas all no
money which the bank where my ON
ployer deposited had isslied IA part Of rl.
authorized relief measures.
Next week We got more new mouo.
issued by the same hank. Then came
change Little banks out Of town had dou
lees issued new circulation and had uo'
their New York balances with H. Ar.
way began TO find in my envelope s. a.
$40 and 500 bills bearing the names ol r,
tional banks in places had rarely or uo',.
heard Of.
1T got 10 I've an Interesting practice .
read the names of places on the bills ~ o.
very brief time had them before pass
them on TO their rightful owners, my re-
teemed creditors.
q know il was all good money, sul
anteed practically by the United Stat
Treasury, but I invariably spent first ths
currency which had its origin the fuIthes
away from New York. One week all thr
money got came from string of snl4I
places in Wisconsin and that went eIll-
quick helped il 90.
We'll, sir, my money for a month q
two did great stunts In geography. Thc
week after Wisconsin a string Of bsn,.
ND in Connecticut furnished me with speni
ing money, and the week after places m
Penpsylvania previously unknown TO me-
contributed to my support.
Now we're getting good old Treasurv
notes again. The yellow boys are ce
tainly good TO look az. ] suppose the
have been reposing in bank vaults In NJ"
shape OF legal reserve. whatever that Is
or hidden away In the mattress Of some
tightwad who was scared. But 1hereTel
they were, welcome homel'
Parsons who handle the currency 81
different countries find American money The
most durable. The Crane mills in Masas
chusetts turn out the paper used by tha
Treasury in making currency and the Secre'
Of It's manufacture is we'll kept.
Most Of the paper money you get T.
Canada Is atrocious unless II happens 10 b.
American. II you ever go 10 Canada you
don't have TO bother TO get your money
changed; American money Is good through.
out the length and breadth OF the Dominion
In the larger cities there is about as mUcl
American money as there Is Of Canadiau
in circulation.
English money Is as much a rarity 10
Canada as it Is here. The Canadian nots-
ton is the same as the American, which
makes the interchange very simple. They
have two coins In Canada not used IN this
silver hvs cent piece and Ithe
twenty cent piece. Beware Of both.
The five cent piece Is so small you ara
pretty certain 10 lose it, and every one iq
waiting TO stick you with twenty cent piece
in the hope you viii take IL for a quarter
and slip it into your pocket unnoticed. Then
In Canada you don't get the modest cents
used here but copper pieces as large as a
silver quarter.
But the paper money! Beware Of that,
TOO, in the smaller denominations. The
Dominion Government issues one. two and
dve dollar bills and they are printed on
mighty poor paper.
After they have been IN circulation =
little while they become frayed at the edges
and seem to increase IN thickness. They
are larger than the American bills. too, and
4 dozen Of them make q package uncom-
Portable 10 carry in the pocket. And this
ragged money gets dirty quickly.
The bills Of larger denominations are
ssued by the banks. Canada has a number
II big banks which have branches all over
They are chartered by the Government
Ind presumably inspected carefully, fui
hey are hard TO break.
Some Of the bills issued by Canadian
lanks are worksofart. The Royal Bank or
,anada issued a ten dollar note which is
larmonized riot OF color. Il looks like
eady money. The Bank Of Montreal alsu
urns out some good looking bills.