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Port Stanley News RSS Feed  Letters HEY, BROTHER, CAN YOU SPARE A WASHER?

September 13, 2018

I went to the hardware store today for nuts and bolts and washers. It turns out the washers are fourteen cents each plus tax but they didn't have the size I needed.

So, I went to the bank and procured two rolls of dimes, (ten cents each, no tax). I proceeded to drill a hole in each of them to create the size of washer I needed. I carefully collected the material reamed out by the drill, mostly zinc but a small silver content. This material can be resold to reduce the cost of the washer to about seven cents.

I have since reflected that the same economics could be applied to the Canadian nickel, reducing the cost to about two cents. There are great opportunities here for a cottage industry producing fifteen cent washers for three cents or less.

Save your nickels and dimes. You never know when you will need a washer.

Herman Friday.

Last Updated: Thursday, 13 September 2018 09:23:09 AM EST

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