YOCUM PENINAH (PERNEMIA) (YOCKUM)
1817 - 1852 (35 years)The Yocum Dollar
When the Delaware Indains established themselves along this tributary of the White river, the Yoakum's soon learned that they were recipients of a federal annuity of about $4,000 in silver species. By the 1820's, some of the Yocums (including Solomon) had found a way to obtain some of that silver. They made potent peach brandy to use as trading material. Providing Indians with liquor was illegal, so, according to Mr. Morrow, the Yocums felt it wise to "launder" their profits by melting down the federal silver and recasting it as the famed "Yocum Dollar." Creating new coinage was not yet an illegal act. To cover their activities, they claimed the silver came from a mine they had found; later, when the Delaware left the area along with their annuity, the mine entrance was supposedly blocked by a cave-in. It has never been found.
From http://trees.ancestry.com/tree/53261165/person/13770600343/photo/1?pgnum=1&pg=32816&pgpl=pid%7cpgNum
Date | 30 Aug 2013 |
File name | Yocum-Dollar.jpg |
File Size | 51.77k |
Dimensions | 992 x 413 |
Linked to | YOCUM PENINAH (PERNEMIA) (YOCKUM); YOCUM SOLOMON |
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