wagon to the frontier. Most of the
trade was carried on by barter. There was very little coin in the
country and but few bank-notes. Often the advertisement specified the
kind of goods that would be taken and the different values at which they
would be received. Thus, the salt works at Washington, Virginia, in
advertising their salt, stated that they would sell it per bushel for
seven shillings and sixpence if paid in cash or prime furs; at ten
shillings if paid in bear or deer skins, beeswax, hemp, bacon, butter,
or beef cattle; and at twelve shillings if in other trade and country
produce, as was usual. [Footnote: _Knoxville Gazette_, June 1, 1793.]
Currency.
The prime furs were mink, coon, muskrat, wildcat, and beaver. Besides
this the stores advertised that they would take for their articles cash,
beeswax, and country produce or tallow, hogs' lard in white walnut kegs,
butter, pork, new feathers, good horses, and also corn, rye, oats, flax,
and "old Congress money," the old Congress money being that issued by
the Continental Congress, which had depreciated wonderfully in value.
They also took certificates of indebtedness either from the State or the
nation because of services performed against the Indians, and
certificates of land claimed under various rights. The value of some of
these commodities was evidently mainly speculative. The storekeepers
often felt that where they had to accept such dubious substitutes for
cash they desired to give no credit, and some of the advertisements run:
"Cheap, ready money store, where no credit whatever will be given," and
then proceed to describe what ready money was,--cash, furs, bacon, etc.
The stores sold salt, iron-mongery, pewterware, corduroys, rum, brandy,
whiskey, wine, ribbons, linen, calamancos, and in fact generally what
would be found at that day in any store in the smaller towns of the
older States. The best eight by ten crown-glass "was regularly
imported," and also "beautiful assortments of fashionable coat and vest
buttons," as well as "brown and loaf sugar, coffee, chocolate, tea, and
spices." In the towns the families had ceased to kill their own meat,
and beef markets were established where fresh meat could be had twice a
week.
Stock on the Range.
Houses and lots were advertised for sale, and one result of the method
of allowing the branded stock to range at large in the woods was that
the Range, there were numerous advertisements for strayed h
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