Robinson Crusoe's Money;: or, The Remarkable Financial Fortunes and Misfortunes of a Remote Island CommunityWells, David Ames
General
Robinson Crusoe's Money;: or, The Remarkable Financial Fortunes and Misfortunes of a Remote Island Community
Wells, David Ames
Currency question -- United States; Money
that its value or purchasing power was so constant and continuously
inherent in itself, even under circumstances when the value of most
other commodities would be destroyed, that the greatest security or
guarantee which any person owning gold could possibly have of its
remaining valuable to him for any length of time was, that the owner
should simply keep possession of it.
By no portion of people on the island was this last attribute regarded
so much in the light of a blessing as by the poor old men and women. As
a general rule, they earned but little more than sufficed to support
them, and they were therefore always naturally very anxious lest what
little they saved should be impaired in value or made worthless by
keeping, before the time when they might especially need it to pay for
doctors and medicine, or insure them a decent burial. The cowry money,
which had before represented their hard toil and personal deprivation,
had turned out, on keeping, to be only worthless shells; the bead
money had become valueless when it became unfashionable; the cattle
money had to be fed every day to keep it from experiencing a heavy
discount, and penned up every night to prevent it from walking off;
the wheat money was always liable to be injured by damp or devoured
by vermin; while twenty pounds of pig-iron had proved too heavy
for their old limbs to carry to the store every time they wanted
to purchase a little cloth or tobacco. But here was something at
last which completely satisfied the necessities of their situation,
and enabled them to feel certain that, whether they buried it in the
ground, where it was always damp and moldy; or put it in the chimney,
where it was always hot and smoky; or lived at one end of the island
among the heathen, or at the other end among the Christians, would
always, year in and year out, buy about the same average quantity of
all sorts of things; and which, when offered in payment for services
or commodities, to the doctor, lawyer, merchant, druggist, undertaker,
mason, or tailor; to the Yankee, Irish, Dutch, Turk, or Hindoo; to
the governor of Ohio, or a senator from Indiana, did not require any
of them to look in a book, examine a law, read the Bible, or hunt up
the resolutions of the last Congress or political convention, to tell
how much it was worth, or whether it was safe to take and keep it.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account