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Image provided by: Arizona State Library, Archives and Public Records; Phoenix, AZ
Newspaper Page Text
THE COFFER M.
Issued Thursdays. . CLIFTON, ARIZONA, SEPTEMBER 21, 1899. Vol. 1 ; No 23 .v .v .S. .T .s. .s. . Buy a Lot Build A flome. In HENRY HILL'S ADDITION to CLIFTON. 30 Lots Si the First feel JLflJUULa. C. F. WHITCHER, Sole Agent. $? Si' sji -v- i "Shinplasters." Now we are to have a return of the shinplaster not because our silver money has taken fright, as it did during the gieat war, and proposes to "hide out," but because there isn't enough of it to do the wcrk that is required of it, and the secretary of the treasury has to belp it out by an issue of paper currency. The movement in favor of such an issue originated in Ne braska, in the form of a circular addressed to numerous congress men, asking them to favor a bill embodying a provision for the is sue of small paper currency. The suggestion has met with favor at the treasury department, and it is said that in a short time $10.000, 000 of this currency will be placed on sale in the various post offices where the demand is greatest. The main object to be subserved is to facilitate the transmission of small amounts of money in letters for the benefit of country people making small mail purchases at a distance. Without some such conveniences, malí sums are sent in silver and are easily detected in letters, or a postal crder must be purchased, involving unnecessary expense. In addition to these, the secre tary has issued, duriug the last 60 days, gold certificates of conven ient denominations, representing in the aggregate more than twenty millions of dollars, and all of these were taken up into the circulation as fast as they could be given out. A young and pretty Arizona school ma'am who was teaching her first term of school, told in strict confidence recently to one of her special girl chums the follow ing incident. "I was trying to teach little Juhnny to spell and pronounce 'feet.' After many trials I succeeded in teaching him the letters, but to save my life I could not teach him how to pronounce the word. In despair J said : 'Now, Johnny, what is it a cow has four of while I only have two?' The answer was prompt, pronunciation perfect, but it was unexpected, and I wished the floor would open and swallow me up to hide the shame on my face as the scholars tittered at my embarrassment and Johnny's unexpected realy. I will never, never ask such a question again if I teach school the rest of my life. " The paid-up capital of the Amer ican Smelting Company is $54, 795,009. Of this $47,000,000 rep resents money that have been paid for the several properties in the combine aud $7,705,000 cash paid in.