Dollar and Cent Currency Adopted 100 Years Ago, by Howard Morton Brown, Carleton Place Canadian, 17 October, 1957

Early days in Carleton Place 100 years ago, prepared by Howard M. Brown

DECIMAL CURRENCY

We publish in our advertising columns a notice from the banks of Canadaviz.

Bank of Montreal, Bank of North America, Bank of Upper Canada, City Bank, Quebec Bank, Gore Bank, La Banque du Peuple, Molson’s Bank, Bank of Toronto, Niagara District Bank. They announce their intention of adopting, after January 1st next, a decimal system of currency or dollars and cents in their accounts. The course is rendered necessary by the Act of the last session which makes it incumbent on the Government to use that currency in their books. The banks require their customers to draw their notes for discount, which are to fall due on and after January 1st, 1858, in dollars and cents and to have their cheque books, etc., for use after that date prepared conformably to the new regulations.

We publish the following letter on the need for this development. Sir: Canada with her 2 ½ or 3 million people presents the curious anomaly of a nation without a currency, the only approach to which are the coppers issued by the banks. One gets a handful of silver and on looking it over presents the appearance of the plunder of numismatic collection. I once found the following assortment in a handful so received – a Prussian Thaler, a Roman Paulo, a French Franc and half Franc, some Spanish, Mexican, Portugese and Sardinian pieces, one Swedish coin, a few English shillings, and various United States fractions of a dollar. The Province stands committed to the decimal system and sooner or later all commercial accounts will be so kept. I would suggest the postage stamps should carry their value marked in cents instead of pence. The banks might also be authorized to issue silver tokens representing 5, 10 and 25 cents. The disintegration of the British empire would not be hastened by granting the Canadians a decimal coinage.

 AGRICULTURAL PICNIC

In consequence of the inclemency of the weather the Pic Nic or Outdoor Soiree in connection with the United Counties of Lanark and Renfrew Agricultural Society is postponed to Tuesday, July 7th, when it will take place in Mrs. Thomas Morphy’s woods, Carleton Place, on the banks of the Mississippi River. Tickets 1s.3d each. Robert Bell, Secretary and Treasurer.

THE ORANGE WALK

So long back as we can remember it has been usual to make a fuss, kick up a dust and drink a little whiskey to wash it down, on the 12th of July, in commemoration of the battle of the Boyne. That memorable day happening on Sunday this year, the 13th was duly ushered in by the discharge of musketry and the roll of the Protestant drum. It was a scorching hot day but the Orange men, Orange women, Orange boys and Orange girls from all parts of the country met in our village and had a general parade. Upwards of 2,000 persons were present. All seemed to enjoy themselves most admirably until evening, when the assembly quietly broke up and several lodges returned to their respective homes.

LATE REV. WM. BELL

Died at Perth, on Sabbath morning, August 16th, 1857, the Rev. William Bell, A.M., the Minister of the first Presbyterian Church, in the 78th year of his age and the 41st of his ministry. He arrived at Perth as the minister of the first Presbyterian settlers in June 1817. He had the honor of being the first to preach the gospel in Lanark, Ramsay, Beckwith, Smiths Falls, and other places, besides Perth, at all of which there are now flourishing congregations.

BUILDING A TOWN HALL

A special meeting of the Municipal Council of the Township of Beckwith was held at Mr. Lavallee’s Hotel, Carleton Place, on Tuesday July 28th at 11 o’clock a.m., for the purpose of receiving tenders for the building of a Town Hall for the said township. Mr. Brice McNeely moved, seconded by John Roberts, that the Council do purchase a site or certain piece of ground for the purpose of erecting a Town Hall for the benefit of the Township of Beckwith said parcel of land being part of the east half of lot 14 in the 8th concession of Beckwith on the Franktown and Carleton Place road. The five tenders were opened as received from Neil Stewart, Robert Metcalfe, Robert McLaren, Peter Campbell and Wm. Rorrison. A contract was then entered into by the Council with the lowest tenderer, Neil Stewart and securities, for the building of a Town Hall for the sum of 119 pounds, 10 shillings, the job to be finished by January 1st, 1858.

INNISVILLE CHURCH

Proposals will be received until October 10th for plastering and shingling the Church of St. John, in the 12th concession of Lanark, and for building a small vestry room thereto. A. Code, James Cooke, George Crampton, church-wardens, committee. Carleton Place September 30th, 1857.

GRAND SQUIRREL HUNT

A grand squirrel hunt will take place at Carleton Place on Monday, October 19th, 1857. Parties wishing to attend the same can do so by leaving their names at the Post Office and paying the fee. Wm. Morphy, Secretary.

SCHOOL ON SATURDAYS

From the (Ottawa) Citizen. That hardly a half of the usual number of pupils attend on Saturdays is a powerful reason why the schools should be closed on that day. All Grammer Schools are closed on Saturdays. The children attending the Common Schools are certainly as much and even more in need of recreation than those attending the former, since they are generally younger. There are some who argue that since the parents toil six days so the child ought.

FINANCIAL CRASH

The financial panic in the States which has increased week after week since the first of September has culminated. It commenced by the breaking down of the Ohio Life Insurance Company in August. Then came the crash in the South and the West, the suspension of all the Pennsylvania, the Baltimore and the Washington Banks. Rhode Island followed next, and all over New England the doors were closed. New York City and State stood out to the last, but the failure of some of the heaviest mercantile houses has been followed by a total suspension of specie payments by the entire fifty-one banks of the City, and a solid column of leading merchants, manufacturers and publishers has been driven to the wall.

BECKWITH TOWN HALL

In going to Franktown yesterday we noticed that the Town Hall which was lately erected for this township is about completed. It is a good sized frame building situated in a fine airy place on the hill opposite the Free Church. We understand Mr. John Roberts was so liberal as to make the township a present of the site for the building.

 

 

 

 

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