Insurance companies create a pool of funds to handle .

During the california gold rush, government taxes and customs duties could only be paid in u.s. dollars, british pounds, french francs, and mexican dollars. the mexican dollar was the most popular way to pay taxes and customs duties and was imported into california in large quantities. california merchants would usually accept any of these coins, but they rarely accepted gold dust or gold nuggets. what was the monetary status of these different forms of "money" in gold rush california