United States -- Description and travel; United States -- Social life and customs
The silver coins are ten cents, quarter, half, and whole dollars. The
gold, five, ten, and twenty dollars, which are roughly worth a little
over one, two, and four pounds sterling. The last is a very handsome
gold piece, a trifle smaller in diameter than an English crown, but,
I think, thicker. The bank-notes, called "Bills," begin at fifty
cents, and run up to one thousand dollars. There may be higher, but I
have not seen them. There is nothing to be said in their favour. They
are of many patterns and devices, and most of them dilapidated and
dreadfully dirty; so dirty that they stick to one another, and so
greasy and discoloured by usage that I always fancied they gave off
an unpleasant odour. They are not nice things to put in your pocket!
I speak of those of moderate value, say 100 dollars. I believe those
of higher denominations, not so much in use, are better. Accustomed
to our clean and crisp notes, I was surprised that the go-ahead
Americans had such paper money, for bad as it is in some parts of
the continent, I have never seen such offensive notes as the
American. I believe, here in England, all paper money paid into the
bank is destroyed, and new issued in its stead, and that this
accounts for our clean, crisp, and undilapidated notes. I wish the
same plan held over the water.
I had forgotten the copper coins. These are one cent, two cents, and
five cent pieces. The last is covered over with some nickel
composition, so that it looks like silver. Side by side with the ten
cent silver piece, the five cent nickel bit looks the more valuable,
and it takes time to realize it is only worth half the other. The
five cent piece is often called "a nickel," the ten cent piece "a
dime."
Out far west the copper coinage is not current under five cents. When
at "San Francisco," I found that nothing was sold under that amount,
which is, of course, 2½_d._ The poor there take two or three of
any cheap thing to make up the sum. Not only did the storekeepers
there _not_ think it inconvenient, they regretted the time in the
gold fever days when ten cents was the lowest tender, and if I
remember right, when that splendid city was in its first infancy
(i.e. gold in California was first discovered) nothing could be
bought under 25 cents, or one shilling!
Public-domain text, read in full here on John Shaqi.
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