When a loan is secured by more than one kind of collateral (see " Collateral Loan "), as, for example, part railway stocks and part mining stocks, the collateral is called "mixed." A loan secured in this way is known as a " mixed (collateral) loan."

1 On April 2, 1792, President George Washington attached his signature to an Act establishing the National Mint, which Act was mainly the result of the efforts of Robert Morris, aided by Thomas Jefferson and Alexander Hamilton.

M. J. S. D. March, June, September, and December; interest or dividends payable quarterly, beginning with March. Mk. Frequently used as the sign of the German "mark." Mohawk. Mohawk Mining Co. (Copper.) Monetary Standard. See " Standard of Value." Monetary Unit. See "Unit of Value."

Money1. In a broad sense, any article of value recognized as a medium of exchange, but, for convenience' sake, stamped metal or paper notes issued by or under the authority of a Government. Money is merely a measure and standard of value.

Chevalier said in 1854 that metallic money is the only true money.

He defines money as "a certain commodity out of which we create an instrument that serves, in exchanges, as a common measure of value, because it is with it that, in transactions, all other commodities are compared. But it is not merely a measure; it figures in exchanges in another capacity, that of a material recompense or equivalent. . . . The definition of the word 'money' which I have given, namely, that it is at once a measure and an equivalent, is that which is acknowledged by all . . . authorities."

Gen. Walker declared that any commodity could become money as soon as it acquired a requisite degree of acceptability.

When we say that " money is easy " we mean that interest

šIn different ages many commodities have served the purpose of money, - " tin was used in ancient Syracuse and Britain; iron, in Sparta; cattle, in Rome and Germany; platinum, in Russia; lead, in Burmah; nails, in Scotland; silk, in China; cubes of pressed tea, in Tartary; salt, in Abyssinia; slaves, amongst the Anglo-saxons; tobacco, in the early settlements of Virginia; codfish, in Newfoundland; bullets and wampum, in Massachusetts; logwood, in Campeachy; sugar, in the West Indies; soap, in Mexico. Money of leather and wood was in circulation in the early days of Rome."- "History of the U. S. Mint and Coinage," George G. Evans.

In 1612 money of brass was coined in America. Coined money came into use in Rome during the reign of Servius Tullius, 578-534 b. c. rates are low, and that the borrower is easily accommodated.

"In Tennessee, between 1790 and 1798, land was used as a kind of. currency; prices were set in it, and it was transferred in payment of goods and services."-sumner's " Life of Andrew Jackson."

Prescott, in his "Conquest of Mexico," states that the money in use among the ancient Aztecs consisted of transparent quills filled with gold dust; bits of tin, cut in the form of a T; and of bags of cocoa, containing a specified number of grains.

Some shell money is still in use among a few of the primitive African tribes.