Money entrusted to frontier intermediaries often disappeared, forcing repayment in goods

Evidence

Eventually he asked for a private conference, when he told me, with some confusion, that he had found himself “very hard up” in Denver, and had been obliged to appropriate my 100-dollar note. He said he would give me, as interest for it up to November 25th, a good horse, saddle, and bridle for my proposed journey of 600 miles. I was somewhat dismayed, but there was no other course, as the money was gone. — Isabella L. Bird, A Lady’s Life in the Rocky Mountains, 140

Categorization

  • XREF: Connects to the recurring frontier pattern of trust repaired by barter rather than cash that runs through these letters. — connects to: Frontier debts taken under duress often ended up repaid in full — Isabella L. Bird, A Lady’s Life in the Rocky Mountains, 140; Taxing peasants in money forced them into debt and market dependence — Clara E. Mattei, Escape from Capitalism: An Intervention, 311; Self-contained bases now leak few dollars into local economies (+15 more)

Broader Connections