This was another one of Andy Jackson's contributions. He abolished the central bank and allowed hundreds of banks to be started by almost anyone who wanted to start one. Even stores issued paper money." That sounds crazy," Sam said."It was. Many of the new banks that were started didn't have the cash reserves to cover their deposits. Counterfeit paper money was so ubiquitous that many merchants refused to accept paper money. Gold coins were about the only safe currency."So, we're stuck with carrying all of this gold around with us for the rest of our lives?" No, we'll be spending a lot of it. I figure if we're going to go to Oregon we may as well go in style. We'll also want to take along a herd of cattle and a herd of horses." Yeah, I've read that cattle sell for about ten times as much in Oregon as you'd pay for them in St Louis," Sam said."So, anyway, our primary reason for stopping in Portland is to convert raw gold into gold coin. If they have one bank we'll go to it. If they. (Lorna) It's only 10pm in Seattle and I'm wide awake!! *Grin*(The_Professor) I appreciate many of you being here at a very inconvenient hour.(*Anne-Mal) It reminds me Professor, Thomas Hassan of the TSA would like to post your Ovid stories on his site!(The_Professor) Thomas is very welcome to post my stories.(*Anne-Mal) Did you read his chat log, Professor?(The_Professor) No I'm sorry, I haven't read it yet. I saved it, though.(Mindy) All these time changes, is somebody hinting that we all should change before the night is over?(Michelle) Well, it's the middle of the day here, though my days and nights are swapped. *Hee hee*(Sir_Lee) *Groan*(Bash_Julie) Has anyone seen Honi Muffin?(Regal) Not recently. She must be on tour.(Bash_Julie) Tour of what?(Regal) Nightclubs, strip joints, you know!(Bash_Julie) You seem to know, why would we?(Regal) Well, she claims that she and Bash... Oh never mind, let's not start that again, it's too late.+ Da_Judge has arrived.(Da_Judge) Hear Ye Hear Ye,.
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