To: Dead Corpse
Those are the aforementioned warehouse receipts. Supposedly, you could, at any time, exchange the paper bills for face value of the precious metal listed on the bill.
There was at one time another paper bill that could be exchanged for face value gold and silver...
To: dollarbull
There was at one time another paper bill that could be exchanged for face value gold and silver...This the dollar you're talking about:
532 posted on
11/15/2007 1:31:34 PM PST by
50mm
(Inside every cynical person, there is a disappointed idealist - G. Carlin)
To: dollarbull
It's all just funny money... At least, to some folks it apparently is...
535 posted on
11/15/2007 1:32:37 PM PST by
Dead Corpse
(What would a free man do?)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson