IDEAS home Printed from https://ideas.repec.org/a/mcb/jmoncb/v19y1987i4p437-47.html
   My bibliography  Save this article

Private Production of Scrip-Money in the Isolated Community

Author

Listed:
  • Timberlake, Richard H

Abstract

This paper examines the appearance of one type of privately-produced currency, which had the generic label "scrip." This money appeared at widely different times and places in the United States between 1820 and 1940 in spite of federal laws prohibiting its issue. The most sophistic ated and best developed example of scrip seems to have occurred in th e coal mining regions of Appalachia, especially in West Virginia. Thi s experience and its implications for monetary behavior are examined here. Copyright 1987 by Ohio State University Press.

Suggested Citation

  • Timberlake, Richard H, 1987. "Private Production of Scrip-Money in the Isolated Community," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 19(4), pages 437-447, November.
  • Handle: RePEc:mcb:jmoncb:v:19:y:1987:i:4:p:437-47
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0022-2879%28198711%2919%3A4%3C437%3APPOSIT%3E2.0.CO%3B2-B&origin=bc
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. James Angel & Douglas McCabe, 2015. "The Ethics of Payments: Paper, Plastic, or Bitcoin?," Journal of Business Ethics, Springer, vol. 132(3), pages 603-611, December.
    2. Elaine Tan, 2011. "Scrip as private money, monetary monopoly, and the rent‐seeking state in Britain," Economic History Review, Economic History Society, vol. 64(1), pages 237-255, February.
    3. Rösl, Gerhard, 2006. "Regionalwährungen in Deutschland: Lokale Konkurrenz für den Euro?," Discussion Paper Series 1: Economic Studies 2006,43, Deutsche Bundesbank.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mcb:jmoncb:v:19:y:1987:i:4:p:437-47. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-2879 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.