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Private Production of Scrip-Money in the Isolated Community.
- Source :
- Journal of Money, Credit & Banking (Ohio State University Press); Nov87, Vol. 19 Issue 4, p437-447, 11p
- Publication Year :
- 1987
-
Abstract
- The article discusses the printing and use of scrip-money during the early twentieth century in isolated areas of the U.S. where mining and forestry where the dominant industries. It is noted that private money such as was printed by lumbering and mining companies would have been common tender and not legal tender. The article concludes by postulating what might have happened if the scrip system had become an intercommunity system and if there had not been laws regarding the private printing of money.
Details
- Language :
- English
- ISSN :
- 00222879
- Volume :
- 19
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Journal of Money, Credit & Banking (Ohio State University Press)
- Publication Type :
- Academic Journal
- Accession number :
- 5156358
- Full Text :
- https://doi.org/10.2307/1992612