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Updated: June 23, 2025
The Baronet was digging at the gold piece with the blade of his knife. "Precisely! In the criminal argot a counterfeit American twenty-dollar gold piece is called a 'horse. "Look," he said, and he dug into the coin with his knife, "it's white inside, made of Babbit metal, milled with a file and gold-plated. Where did you get it?" The American stammered.
"To-day, when I rode into the county seat to a sitting of the justices," continued my father, "the sheriff showed me some gold eagles that your man from Maryland, Mr. Henderson, had paid in on court costs. Look, Dillworth, there is one of them, and with your thumb nail on the milled edge you can scrape off the indigo!" The hunchback looked at the spinning coin, but he did not touch it.
William Hazen, James Simonds and James White, or order, forty-one Spanish milled Dollars for value received of them. EZEKIEL FOSTER, Lt., EDMUND STEVENS, Capt., DAVID PRESCOTT, Lt., DANIEL MESERVY, Lt. Portland, Nova Scotia, December 14th, 1776. To the Honorable Council of Massachusetts State.
For that they vowed vengeance. All the new gunpowder milled in Surrey was, for some purpose of his own, stored by Lord Levellier on the alder island of the pond near his workshops, a quarter of a mile below the house. They refused, whatever their object, to let a pound of it be moved, at a time when at last the Government had undertaken to submit it to experiments.
They then bethought them of a new expedient. They made a call of twenty per cent. on the proprietors, and thus raised a sum which enabled them to give every applicant fifteen per cent. in milled money on what was due to him. They returned him his note, after making a minute upon it that part had been paid.
The absence of soap and water is sometimes used as a substitute for milling linen among the lower Irish; and so effectually had Phelim's single change been milled in this manner, that, when disenshirting at night, he usually laid it standing at his bedside where it reminded one of frosted linen in everything but whiteness. This, with but little variation, was Phelim's dress until his tenth year.
The house of commons agreed to the following resolutions: that twelve hundred thousand pounds should be raised by a duty on glass windows, to make up the loss on the clipped money; that the recompence for supplying the deficiency of clipped money should extend to all silver coin, though of a coarser alloy than the standard; that the collectors and receivers of his majesty's aids and revenues should be enjoined to receive all such monies; that a reward of five per cent, should be given to all such persons as should bring in either milled or broad undipped money, to be applied in exchange of the clipped money throughout the kingdom; that a reward of threepence per ounce should be given to all persons who should bring wrought plate to the mint to be coined; that persons might pay in their whole next year's land-tax in clipped money, at one convenient time to be appointed for that purpose; that commissioners should be appointed in every county to pay and distribute the milled and broad undipped money, and the new coined money in lieu of that which was diminished.
The Committee of the States, however, during the recess, will have time to digest it thoroughly, if Congress will fix some general principles for their government. Suppose they be instructed, To appoint proper persons to assay and examine, with the utmost accuracy practicable, the Spanish milled dollars of different dates in circulation with us.
Another financial measure was the attempt to correct the currency. After the end of the war there was found in circulation an extraordinary mixture of gold and silver coins of all nations, especially the Spanish milled dollar, which had been accepted by the Continental Congress as the unit of its issues. All the currency was badly counterfeited, defaced, and clipped.
"Here," said John Cardigan to himself exultingly when a long-drawn wail told him his circular saw was biting into the first redwood log to be milled since the world began, "I shall build a city and call it Sequoia. By to-morrow I shall have cut sufficient timber to make a start.
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