John Lupia submitted the following information from the online draft of his book of numismatic biographies for this week's installment of his series.
Thanks! As always, this is an excerpt with the full article and bibliography available online. This week's subject is banker Emmett T. Johnson (1836-1907). -Editor
Emmett T. Johnson (1836-1907), was born in Fort Edward, New York. He lived with his brother Frederick Avery Johnson (1833-1893), at Glens Fall, New York. They both
graduated Glens Falls Academy. These brothers engaged in banking and the wool industry at Glens Falls, New York. Frederick went on to be elected to the U. S. Congress,
1885-1887.
Emmett served as the Cashier of the First National Bank, Glens Fall, New York for forty-two years.
Emmett played a role in evaluating the circulation of the United States Trade Dollars in commerce and in banking. He considered them a burden and deficit and advocated getting
them out of circulation rendering them defunct.
In 1887, James Collins Hallock published his study on the problems of trade dollars in commerce and banking in his book, Repudiation of the Trade Dollars: The
Views of 300 Banks (1887) : 28, (not listed in Elvira E. Clain-Stefanelli)
He died on February 3, 1907.
To read the complete article, see:
JOHNSON, EMMETT T.
(https://sites.google.com/a/numismaticmall.com/www/numismaticmall-com/johnson-emmett-t)
I was unfamiliar with the Hallock study. It's a 55-page pamphlet. Harvard University's copy was digitized by Google and it's available at the link
below. One section compiles survey responses from "representative men throughout the State of New York," including Johnson. Coann's Banking Office of Albion, N.Y.
felt that "... the Government should redeem them at face in Buzzard dollars." (p22) I believe "Buzzard" is a pejorative nickname for the Morgan silver dollars.
-Editor
To read the complete Hallock study, see:
Repudiation of trade dollars; the views of 300 banks, merchants, ... Hallock, James
Collins, editor. (https://babel.hathitrust.org/cgi/pt?id=hvd.32044081946287&view=1up&seq=7)
A 134-page book on the topic by Hallock from 1884 is on the Newman Numismatic Portal. -Editor
To read the complete article, see:
Refusing Its Own Coin, a protest against repudiating United States Coin--even trade dollars
(https://nnp.wustl.edu/library/book/524306)
Wayne Homren, Editor
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