Clarke courier. [volume] (Berryville, Va.) 1869-1997, 1909-12-01
MONEY
There Are Ten KINDS on Uncle
Sans Official List.
ALL ARE NOT LEGAL TENDER.

som" ct the Most Imposing Of the Pa
per Currency May Be Lawfully Re-
fused When Offered In Payment Of
an oblissticn OF Any Kind.
Officially there are just ten kinds OF
money In circulation In the United
States Gould you name them all or
handE DO you know which OF those
besides gold coin are legal tender and
In what amount7 II may be that .aII
money looks alike to you" but there's
difference. and below is the list:
Gold coins. standard silver dollars.
subsidiary silver. gold certificates. sill
yer certificates, treasury notes usoO).
United States notes (greenbacksl. ma
tionai bank notes. nickel coins and
bronze coins.
Looking upon this formidable classI-
hcation OF United States money as
made by the treasury department. Il
becomes more formidable when It is
considered from the highly technical
point or view as legal tender. Some
OF the most imposing OF the paper cur.
rency Is not a legal tender at all. while
as to the minor coins. they are legal
tender IN such small amounts rs IN
startle the average layman. IL may be
Wei 10 recall TO this layman that the
term legal tender" owes its signif-
canoe 10 the fact that I'm payment of
debt or obligation OF any kind IL can
Oe forced upon the creditor "in full of
all demands"
Gold certificates. silver certificates
and national bank notes. of which
snch enormous numbers circulate
every where. are not legal tender. II
you have plenty OF money aud IL YOU
have forced Jones TO sue you In order
10 get judgment. Jones can turn down
every one OF these bills rendered In
payment and force you to dig up some.
thing better.
Should Jones do such a thing Won
might conceive the idea OF fixing him,
by unloading a whole lot OF silver coins
upon him But you want to know
what you're doing there. too. for he'll
take only $40 worth OF halves. quarters
and dimes. while OF nickeis and COP.
per cents only - cents value is legal
tender.
But as TO the standard silver dollar
there's no limit upon your shovelinc
them out 10 Jones. This old dollar
OF our dads still Is the real thing IN
all business transactions unless some
clause IN a contract has provided 9th
erwise. Jones may refuse the silver
certificate. but when you dig I'D the
metal dollar they go unquestioned al
their face value. And 1000 OF then
weigh 5S.92 pounds
Treasury notes OF the act OF 1890 are
legal tender 10 their face value I'm pay
ment of all debts. public and private
unless expressly stipulated In the con
tract
Strictly speaking. the United States
notes or greenbacks are legal tender
with the exception Of duties on i'm
ports and interest on the public debt
Practically. however. since the resump
ton of specie payment In 1879. green
backs have been received freely anc
without question by the government
though the law respecting them hasn'r
been changed.
While the gold and silver certificate.
are not legal tender rs between indi
viduals. both issues are receivable To-
all government dues OF whatever kind
in this respect legally more acceptable
than Is the grrcnback.
National bank notes. while not lega
tender and not receivable for duties OF
imports. still may be paid 10y the gov
ernmcnt for salaries aud all debts O
the government except interest due
and in redemption OF national currency
BY especial enactment no foreign
coin of any kind or denomination shall
be a legal tender in the United States
so that II some time the street car con
ductor does balk ut the chance Cams
dian dime nshed from your poke
keep cool and dig for something tina
is United States. It's YOUR move.-Chi
cago Tribune.