City of London, Ontaro, CanadaThe pioneer period and the London of to-day . oyed any large force, and always paidthem promptly in cash for their labor. Theestabhshment of Mi-. Moi-rill was three timesdestroyed by fire, but after each conflagrationhis men were at worlc in the hot ashes thenext day pre])aring to rebuild on a granderscale. Cash was scarce in those days, onefirm announcing that it would receive porkand wheat in payment of debts and in ex-change for goods—part cash for good pork,while another ofPered to pay one dollar perbushel, in goods, for good wheat. Some years ago a pioneer sh
City of London, Ontaro, CanadaThe pioneer period and the London of to-day . oyed any large force, and always paidthem promptly in cash for their labor. Theestabhshment of Mi-. Moi-rill was three timesdestroyed by fire, but after each conflagrationhis men were at worlc in the hot ashes thenext day pre])aring to rebuild on a granderscale. Cash was scarce in those days, onefirm announcing that it would receive porkand wheat in payment of debts and in ex-change for goods—part cash for good pork,while another ofPered to pay one dollar perbushel, in goods, for good wheat. Some years ago a pioneer shoemaker told an amus-ing storythat sound-ed apocry-phal, but inthe light ofthese state-ments maybe true. Theshoemakervs^as seatedin his shopone daywhen thereentered astalwartScotchmanwho askedif he did notwish to buya pig. Theshoemakerreplied thathe did, anda bargainwas theScotchmanpicked outseveral pairsCOURT HOUSE. of shoes for his twochatted on till nightfall, when the Scotch-said he must be going, and asked forpay for his pig. Why, repHed the. Mr. Morrill,ing of hiscustomersdressed themcustomer one establishment, tookall hides, skins and in first-class • half of the from his pelts, and style, giving the dressed leather. shoes you have taken moreprice of the pig—you As soon as the tannery establishment was infull force, the proprietoi- erected a large build-ing for the manufacture of shoes and w^as the first man in London who ever manthe shoemaker, the than balance the puce oi tne pig—you arein my debt. Hech, mon, retorted thecanny Scotchman, dinna ye ken that porkscaush? The subtle humor of the speech andsituation did not seem to strike the Scotch-man. The first financial transaction of whichthere is any record goes to show the price ofmoney, and eases the astonishment we feel 106 CITY OF LONDON, on hearing that in the early days a commonbarter was a bushel of wheat for a yard of factory (unbleached) cotton. In 1830 thebanking busines
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