Home U.S. Coin Forum
Options

x

JCH22JCH22 Posts: 344 ✭✭✭✭
edited July 25, 2025 8:36AM in U.S. Coin Forum

.

Comments

  • TomBTomB Posts: 22,075 ✭✭✭✭✭

    Thank you for uploading the image. I read the article and it was quite cool to read, though I agree the sensibilities of the day do not always agree with what we would think now.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • OnBendedKneeOnBendedKnee Posts: 329 ✭✭✭

    You Sir have much better eyesight than I.

  • johnny9434johnny9434 Posts: 29,194 ✭✭✭✭✭

    Interesting read, many thanks

  • 291fifth291fifth Posts: 24,680 ✭✭✭✭✭

    The wages paid in silver would have been much more useful to the lower paid workers than gold coins. If they received gold coins they may have had to use money changers (who would take a percentage) to get usable amount of silver coins for everyday transactions. It wasn't that long ago that most workers in the United States received pay envelopes with the actual cash inside. Many workers did not have bank accounts as they charged fees which would lessen their already low wages.

    All glory is fleeting.
  • JBKJBK Posts: 16,397 ✭✭✭✭✭
    edited May 23, 2025 8:22AM

    I think the premise of this thread is misleading if not downright wrong. I read the entire article and I don't see any "racial coin discrimination".

    The so-called "gold employees" were skilled workers and the "silver employees" were unskilled laborers. A dollar was a dollar regardless of how it was paid, and the higher salaries of the skilled workers presumably made it more practical to be paid in fewer coins. There were also concerns about money leaving the country, which is why everyone was paid in coin.

    There was plenty of racial discrimination around during that time, but I don't think coins were involved, and since this was all happening in Panama I'm not sure discrimination in general was at the top of the list of the issues the workers faced.

  • lermishlermish Posts: 3,740 ✭✭✭✭✭

    @JBK said:
    I think the premise of this thread is misleading if not downright wrong. I read the entire article and I don't see any "racial coin discrimination".

    The so-called "gold employees" were skilled workers and the "silver employees" were unskilled laborers. A dollar was a dollar regardless of how it was paid, and the higher salaries of the skilled workers presumably made it more practical to be paid in fewer coins. There were also concerns about money leaving the country, which is why everyone was paid in coin.

    You make a good point about the dollar vs dollar and skilled vs unskilled labor. At the same time...

    By the present plan men are known as "gold employees" and are paid in American gold coins, and the negroes are called "silver employees" and receive their wages in Panama silver

    Just a casual "black men aren't even men" comment. Absolutely disgusting.

    There was plenty of racial discrimination around during that time, but I don't think coins were involved, and since this was all happening in Panama I'm not sure discrimination in general was at the top of the list of the issues the workers faced.

    Very much agreed. Coincidentally, I've been doing some Panama Canal reading recently...no surprise that it was awful there for everyone working on the canal.

    chopmarkedtradedollars.com

  • oldabeintxoldabeintx Posts: 2,413 ✭✭✭✭✭

    Can anyone post related numismatic material? I believe there are active collectors.

  • oldabeintxoldabeintx Posts: 2,413 ✭✭✭✭✭

    A quick check shows 25 and 50 centisimos coins minted in the US in 1904-1905. I believe I’ll add them to my foreign coins of historical interest.

  • JCH22JCH22 Posts: 344 ✭✭✭✭
    edited July 25, 2025 8:37AM

    .

  • Raptor48Raptor48 Posts: 8 ✭✭

    As for a bit of related numismatic info I might mention that there is a1915-S Panama-Pacific $50 gold piece that is part of Jeff Garrett's 100 Greatest. It is #37 and was issued to commemorate the opening of the Panama Canal.

    As for a non-numismatic comment, I might suggest that building the canal between 1904 and 1914 was just as challenging as putting a man on the moon in 1969; maybe even more challenging. I say that based on working as an engineer on the Apollo project and one who has also pretty thoroughly investigated the building of the canal.

  • Morgan WhiteMorgan White Posts: 8,659 ✭✭✭✭✭

    I read once that Rome paid the gladiators with bronze coins.

  • oldabeintxoldabeintx Posts: 2,413 ✭✭✭✭✭

    I got an up-close look at the operation of the locks many years ago. It was humbling. Achievements like that provide important perspective.

  • yosclimberyosclimber Posts: 5,039 ✭✭✭✭✭
    edited May 23, 2025 4:34PM

    @Morgan White said:
    I read once that Rome paid the gladiators with bronze coins.

    Most Roman gladiators were slaves; no pay....

    Roman soldiers were paid with coins.

  • Aspie_RoccoAspie_Rocco Posts: 3,636 ✭✭✭✭✭

    @JCH22 said:

    https://www.archives.gov/publications/prologue/1997/summer/panama-canal

    Thank you for the original post and this link. Interesting information! I appreciate you sharing both of these

  • CaptHenwayCaptHenway Posts: 32,715 ✭✭✭✭✭

    @lermish said:

    @JBK said:
    I think the premise of this thread is misleading if not downright wrong. I read the entire article and I don't see any "racial coin discrimination".

    The so-called "gold employees" were skilled workers and the "silver employees" were unskilled laborers. A dollar was a dollar regardless of how it was paid, and the higher salaries of the skilled workers presumably made it more practical to be paid in fewer coins. There were also concerns about money leaving the country, which is why everyone was paid in coin.

    You make a good point about the dollar vs dollar and skilled vs unskilled labor. At the same time...

    By the present plan men are known as "gold employees" and are paid in American gold coins, and the negroes are called "silver employees" and receive their wages in Panama silver

    Just a casual "black men aren't even men" comment. Absolutely disgusting.

    There was plenty of racial discrimination around during that time, but I don't think coins were involved, and since this was all happening in Panama I'm not sure discrimination in general was at the top of the list of the issues the workers faced.

    Very much agreed. Coincidentally, I've been doing some Panama Canal reading recently...no surprise that it was awful there for everyone working on the canal.

    I think that you accidentally left out a word. It says that "white men" are paid in gold and the "Negroes are paid in silver. It does not say that the Negroes are not men.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • lermishlermish Posts: 3,740 ✭✭✭✭✭

    @CaptHenway said:

    @lermish said:

    @JBK said:
    I think the premise of this thread is misleading if not downright wrong. I read the entire article and I don't see any "racial coin discrimination".

    The so-called "gold employees" were skilled workers and the "silver employees" were unskilled laborers. A dollar was a dollar regardless of how it was paid, and the higher salaries of the skilled workers presumably made it more practical to be paid in fewer coins. There were also concerns about money leaving the country, which is why everyone was paid in coin.

    You make a good point about the dollar vs dollar and skilled vs unskilled labor. At the same time...

    By the present plan men are known as "gold employees" and are paid in American gold coins, and the negroes are called "silver employees" and receive their wages in Panama silver

    Just a casual "black men aren't even men" comment. Absolutely disgusting.

    There was plenty of racial discrimination around during that time, but I don't think coins were involved, and since this was all happening in Panama I'm not sure discrimination in general was at the top of the list of the issues the workers faced.

    Very much agreed. Coincidentally, I've been doing some Panama Canal reading recently...no surprise that it was awful there for everyone working on the canal.

    I think that you accidentally left out a word. It says that "white men" are paid in gold and the "Negroes are paid in silver. It does not say that the Negroes are not men.

    You're correct, the AI text document misled me as it left out a couple of words that were in the original article. I'm confident conditions weren't wonderful but consider my point retracted.

    chopmarkedtradedollars.com

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file