Solaris, from
plates which, when not in use, are kept in the safe, in the custody of
the treasurer. The five denominations issued, are as follows: five, two,
and one dollar bills; which, together with the fifty and
twenty-five-cent, fractional-currency scrip, make up the list. Every
denomination has a numbered series, of ten thousand. Each series, with
the stubs attached to the bills, is bound in book form. When issued,
each stub remaining in the book, will show the date of issue, serial
number, and amount of the issued bill. When cancelled, the bills are
returned to the book, and again attached to the stub to which they
belong. At any time, an examination of the books of issued and unissued
scrip in the hands of the treasurer, will give the amount outstanding.
The co-operators are requested to keep a record of the serial numbers of
the scrip they hold or handle, and to report the loss or destruction of
such as may happen. A history of the loss is attached to the stub, and
the amount of the bill carried to the profit and loss account of the
company.

"If the genuineness of any piece of scrip should be questioned, a
comparison with the stub should show the same date, number, amount and
serrated edges, made by the peculiar pattern of the perforator belonging
to that series. If so, the bill must be genuine. As time passes, we are
more than ever convinced of the wonderful advantage gained by the use of
this scrip. Our people find it much lighter and more desirable to carry
and use, than the same amount of gold or silver coin; therefore they
frequently request to be allowed to exchange coin for scrip. In summing
up my replies to your questions: it seems probable, from the constantly
increasing volume of business, that the company will soon be obliged to
take a charter that will authorize it to do a complete banking
business."

CHAPTER XXXIV.

THE INSURANCE OFFERED BY CO-OPERATIVE FARMING.

"I notice, Fillmore, that you mention the borrowing of ten thousand
dollars from the insurance fund; the same being a part of the
accumulated profits on the business of the store and restaurant. Tell
me; how is it possible for so large a sum to be saved in such a short
time?"

"A complete answer to your question, will bring up the whole subject of
insurance; which presents some interesting problems. I will first try to
give you the basis for such an amount of savings. The net per-diem pay
of $2.50 for each adult member of t