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Also the next day, we will take the warehouse receipt from the seller and transfer the ownership to the buyer.

A nation can no more create money by law than it can create corn and wheat and barley by law, and the promise to pay money is no nearer money than a warehouse receipt is grain, or a bill of fare is a dinner.

Reply that you feel certain that satisfactory arrangements could be made if the cotton were stored in an accredited warehouse, so that you could accept the warehouse receipt as collateral.

Dock′age, accommodation in docks for ships: dock-dues; Dock′er, one who works in the docks; Dock′-mas′ter, the person superintending a dock; Dock′-warr′ant, a warehouse receipt; Dock′yard, a naval establishment with docks, building-slips, stores, &c.;

These things all have an intrinsic value -- with a warehouse receipt you can convert that into a certain amount of tobacco.