Highway Robbery

http://www.sxc.hu/photo/288301

A stranger called at a shoe store and bought a pair of boots costing six dollars, in payment for which he tendered a twenty-dollar bill. The shoemaker could not change the note and accordingly sent his boy across the street to a tailor’s shop and procured small bills for it, from which he gave the customer his change of fourteen dollars. The stranger then disappeared, when it was discovered that the twenty-dollar note was counterfeit, and of course the shoemaker had to make it good to the tailor. Now the question is, how much did the shoemaker lose?

— H.E. Licks, Recreations in Mathematics, 1917