Loss From Rag Money

-Milo S. Baker, of this city, who is now settled in California, told U8 that he was converted trom a currency inflationist to an advocate of hard inoney by his experianoe in and around Han Francisco, on his prospecting tour last suramor. For instance, he would offer a 50 oent scrip for 8omething worth 20 or 30 oents in silver, aud thuy seldoin gavo any change back, looking upon our shinplasters with contetupt. In Crossing the ferry to Oakland, where the fare was 15 cents, he offered a 'iöceiit shinplaster, and no change was paid back. They did not recognize rags as money, and only took them at a tremondous shave. Ju.-tt 80 it is in Canada. We have experienoad it in paying for meals along the railroads. While in Montreal in 1873 with other American travelers, we were charged a prioe considerably above the current premium ou gold, for the bother of handling our fluctuating rags. For a sleeping-car berth on the Pullman line f 2.30 was pulled out of us, being 20 cents above the exorbitant price in the United States. Is it not high time that the greatest and freest nation on earth had as arood money everywhere as the