[Dixielandjazz] "Mil"

[Phil Wilking]

Yes, a "mil" (or "mill") is 1/1000 of something.

That's why you can still find a few little fiberboard discs in old cash 
registers in country stores. In the Depression, States hated to lose the 
sales tax revenue when the round-off to the nearest cent went against them. 
So they issued their own 1/10 cent pieces (mil tokens) so the customers had 
to pay to the nearest 1/10 cent.

Phil Wilking

Those who would exchange freedom for
security deserve neither freedom nor security.

----- Original Message ----- 
From: "Jerry Gordon" <jerrygordon at juno.com>


>
> If I'm not mistaken (and I very well may be), wasn't a mil = 
> one-thousandth
> of a dollar, or 0.1 cent? Thus, we got only 20 mils worth from you.
>