Uncle John Smith, Kit Carson, L. B. Maxwell, Uncle Dick Wooton, and a host of other well-known Indian traders, long since dead, have often told me that the first thing they did on entering a village with a pack-load of trinkets to barter, in the earlier days before the whites had encroached to any great extent, was to arrange a schedule of prices. They would gather a large number of sticks, each one representing an article they had brought. With these crude symbols the Indian made himself familiar in a little while, and when this preliminary arrangement had been completed, the trading began. The Indian, for instance, would place a buffalo-robe on the ground; then the trader commenced to lay down a number of the sticks, representing what he was willing to give for the robe. The Indian revolved the transaction in his mind until he thought he was getting a fair equivalent according to his ideas, then the bargain was made. It was claimed by these old traders, when they related this to me, that the savage generally was not satisfied, always insisting upon having more sticks placed on the pile. I suspect, however, that the trader was ever prepared for this, and never gave more than he originally intended. The price of that initial robe having been determined on, it governed the price of all the rest for the whole trade, regardless of size or fineness, for that day. What was traded for was then placed by the Indian on one side of the lodge, and the trader put what he was to give on the other. After prices had been agreed upon, business went on very rapidly, and many thousand dollars' worth of valuable furs were soon collected by the successful trader, which he shipped to St. Louis and converted into gold. In a few years, relatively, the Indian began to appreciate the value of our medium of exchange and the power it gave him to secure at the stores in the widely scattered hamlets and at the military posts on the plains, those things he coveted, at a fairer equivalent than in the uncertain and complicated method of direct barter. It was not very long after the advent of the overland coaches on the Santa Fe Trail, that our currency, even the greenbacks, had assumed a value to the savage, which he at least partially understood. Whenever the Indians successfully raided the stages the mail sacks were no longer torn to pieces or thrown aside as worthless, but every letter was carefully scrutinized for possible bills. I well remember, when the small copper cent, with its spread eagle upon it, was first issued, about the year 1857, how the soldiers of a frontier garrison where I was stationed at the time palmed them off upon the simple savages as two dollar and a half gold pieces, which they resembled as long as they retained their brightness, and with which the Indians were familiar, as many were received by the troops from the paymaster every two months, the savages receiving them in turn for horses and other things purchased of them by the soldiers.