This cheque is not payable to any person's order or to any person. In that way it is different from a due-bill. A due-bill would be an acknowledgment of a certain amount due to a person named, payable in goods at the maker's store. This would be payable to one individual. But this cheque issued by the merchant for five, ten or fifty cents, or whatever it might be, would serve the purpose of a coin. It is transferable from person to person, and it may be transferred a hundred times before it gets back to the person issuing it. In that respect, it serves the purpose of money and rests on a different basis from the due-bill.