RESUMPTION OF SPECIE PAYMENTS. 447 



"At an early day deer and coon skins were a legal 

 tender in Illinois. v 



u ln 1574, large amounts of paste-board money were 

 coined in Holland. ' ' 



* c Rome used both wooden and leather money about 

 700 B. C." 



"Tin money was used by Dionysius I, tyrant of 

 Syracuse. ' ' 



The Spaniards used leather money as late as 1575. 



Carthage and France also used leather money. 



" Seneca tells us that Spartacus created money of 

 leather, fixing the stamp to denote its value and by what 

 authority issued. " 



( ' Homer never speaks of gold or silver money. He 

 values the armour of Glaucus at 100 oxen and that of 

 Damocles at nine oxen." 



Jonathan Duncan, speaking of the exportation of coin 

 as one of the obstacles to its use as money, said: 



"One of the earliest plans adopted to surmount the 

 difficulty was the creation of a national currency in each 

 independent State, for internal trade; and its distinctive 

 characteristic was the total absence of intrinsic value, 



WHICH EFFCTUALLY PREVENTED ITS EXPORTATION. 



"This invention greatly economized the use of the 

 precious metals, allowing them to be wholly employed in 

 discharging the balance of foreign trade. ' ' 



Lycurgus, the great "law giver, n made money of 

 iron, but deprived it of its intrinsic value by destroying its 

 maleability. 



Plato recommended two kinds of money in every 

 Nation, one for home and one for foreign trade. He says: 

 "A coin, for the purpose of domestic exchange and to pay 

 wages to hired servants and settlers, for which purpose I 

 affirm it must have value among the members of the State, 

 but no value to the rest of the world." For visiting and 



