County, to settle on land for farming. For twenty years our population has not increased on account of so many moving away. Farming land when offered for sale sells from thirty to fifty dollars per acre. There is considerable government land situated in the mountains that can be reclaimed for pasturage. Blacksmiths and carpenters earn the highest wages. Morgan County is purely agricultural. Nine-tenths of the people farm for a living. Respectfully, R. Fry37 Industry and Economy in Morgan County Margaret Thackery gives an interesting picture of the state of the economy in Morgan County around 1894: My husband, Horace Thackery, was busy working in the garden getting it ready for winter. As he was digging the potatoes, he found a small, round coin, about one inch in diameter. He put it in his pocket and continued digging. I joined him later in the afternoon and he showed me what he had found. He scraped off some of the dirt and we could see that it wasn't actually money, but the number 10 showed up so clearly that I took it to the house to try to polish it more. As the corrosion began to disappear, lettering came clearing into view. On one side was written; Fry Mercantile General Merchandise Morgan, Utah On the reverse side was: Good for 10 in Merchandise This fascinated me. I hadn't heard of this type coin in the county before. I first contacted Roy E. Francis to see if he could tell me anything about it. He had heard of this medium of exchange in early days, from his father. We thought it best to inquire of Richard T. Fry for information. This is the story as Mr. Fry gave it to me; "Indeed I do remember the coins or checks, as they were called then, .very vividly. They were used by my father, Richard R. Fry, and my grandfather, Richard Fry, in their store. "During the financial panic of 1894 money was non-existent in Morgan. If anyone did have a dollar or so they kept it. The three mercantile stores, namely, J. Williams & Sons, Z.C.M.I., commonly known as the Co-op, and Fry Mercantile, were at a loss to knowwhat to use for money when people brought produce such as potatoes, eggs, butter, fruits, etc., to sell from the farms of the community. They finally decided to issue their own money and did so. "Williams coins were made of brass and were the same size as regular United States money. Co-op coins were also made of brass, only octagonal. 51