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Scrip
A scrip (or ''chit'' in India) is any substitute for legal tender. It is often a form of credit. Scrips have been created and used for a variety of reasons, including exploitive payment of employees under truck systems; or for use in local commerce at times when regular currency was unavailable, for example in remote coal towns, military bases, ships on long voyages, or occupied countries in wartime. Besides company scrip, other forms of scrip include land scrip, vouchers, token coins such as subway tokens, IOUs, arcade tokens and tickets, and points on some credit cards. Scrips have gained historical importance and become a subject of study in numismatics and exonumia due to their wide variety and recurring use. Scrip behaves similarly to a currency, and as such can be used to study monetary economics. History A variety of forms of scrip were used at various times in the 19th and 20th centuries. Company scrip Company scrip was a credit against the accrued wages of e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company Scrip
Company scrip is scrip (a substitute for government-issued legal tender or currency) issued by a company to pay its employees. It can only be exchanged in company stores owned by the employers. In the United Kingdom, such truck systems have long been formally outlawed under the Truck Acts. In the United States, payment in scrip became illegal in 1938 as part of the Fair Labor Standards Act. In the United States, mining and logging camps were typically created, owned and operated by a single company. These locations, some quite remote, were often cash poor; even in ones that were not, workers paid in scrip had little choice but to purchase goods at a company store, as exchange into currency, if even available, would exhaust some of the value via the exchange fee. With this economic monopoly, the employer could place large markups on goods, making workers dependent on the company, thus enforcing employee "loyalty". While scrip was not exclusive to the coal industry, an estimate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company Scrip
Company scrip is scrip (a substitute for government-issued legal tender or currency) issued by a company to pay its employees. It can only be exchanged in company stores owned by the employers. In the United Kingdom, such truck systems have long been formally outlawed under the Truck Acts. In the United States, payment in scrip became illegal in 1938 as part of the Fair Labor Standards Act. In the United States, mining and logging camps were typically created, owned and operated by a single company. These locations, some quite remote, were often cash poor; even in ones that were not, workers paid in scrip had little choice but to purchase goods at a company store, as exchange into currency, if even available, would exhaust some of the value via the exchange fee. With this economic monopoly, the employer could place large markups on goods, making workers dependent on the company, thus enforcing employee "loyalty". While scrip was not exclusive to the coal industry, an estimate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exonumia
Exonumia are numismatic items (such as tokens, medals, or scrip) other than coins and paper money. This includes "Good For" tokens, badges, counterstamped coins, elongated coins, encased coins, souvenir medallions, tags, wooden nickels and other similar items. It is related to numismatics (concerned with coins which have been legal tender), and many coin collectors are also exonumists. Besides the above strict definition, others extend it to include non-coins which may or may not be legal tenders such as cheques, credit cards and similar paper. These can also be considered notaphily or scripophily. Etymology The noun ''exonumia'' is derived from two classical roots: ''exo'', meaning "out-of" in Greek, and '' nummus'', meaning "coin" in Latin (from Greek νοῦμμος – ''noummos'', "coin"); thus, "out ideof-he categoryoins". Usually, the term "exonumia" is applied to these objects in the United States, while the equivalent British term is paranumismatica. The words '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Numismatics
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods. The earliest forms of money used by people are categorised by collectors as "Odd and Curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g., cigarettes or instant noodles in prison). As an example, the Kyrgyz people used horses as the principal currency unit, and gave small change in lambskins; the lambskins may be suitable for numismatic study, but the horses are not. Many objects have been used for centuries, such as cowry shells, precious metals, cocoa beans, large stones, and gems. Etymology First attested in English 1829, the word ''numismatics'' comes from the adjec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loyalty
Loyalty, in general use, is a devotion and faithfulness to a nation, cause, philosophy, country, group, or person. Philosophers disagree on what can be an object of loyalty, as some argue that loyalty is strictly interpersonal and only another human being can be the object of loyalty. The definition of loyalty in law and political science is the fidelity of an individual to a nation, either one's nation of birth, or one's declared home nation by oath ( naturalization). Historical concepts Western world Classical tragedy is often based on a conflict arising from dual loyalty. ''Euthyphro'', one of Plato's early dialogues, is based on the ethical dilemma arising from Euthyphro intending to lay manslaughter charges against his own father, who had caused the death of a slave through negligence. In the Gospel of Matthew 6:24, Jesus states, "No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. Ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian-American Co - 1 Ruble (7559)
Russian Americans ( rus, русские американцы, r=russkiye amerikantsy, p= ˈruskʲɪje ɐmʲɪrʲɪˈkant͡sɨ) are Americans of full or partial Russian ancestry. The term can apply to recent Russian immigrants to the United States, as well as to those who settled in the 19th-century Russian possessions in northwestern America. Russian Americans comprise the largest Eastern European and East Slavic population in the U.S., the second-largest Slavic population generally, the nineteenth-largest ancestry group overall, and the eleventh-largest from Europe. In the mid-19th century, waves of Russian immigrants fleeing religious persecution settled in the U.S., including Russian Jews and Spiritual Christians. These groups mainly settled in coastal cities, including Alaska, Brooklyn (New York City) on the East Coast, and Los Angeles, San Francisco, and Portland, Oregon, on the West Coast, as well as in Great Lakes cities, such as Chicago and Cleveland. After the Russ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Jackson
Andrew Jackson (March 15, 1767 – June 8, 1845) was an American lawyer, planter, general, and statesman who served as the seventh president of the United States from 1829 to 1837. Before being elected to the presidency, he gained fame as a general in the United States Army and served in both houses of the U.S. Congress. Although often praised as an advocate for ordinary Americans and for his work in preserving the union of states, Jackson has also been criticized for his racial policies, particularly his treatment of Native Americans. Jackson was born in the colonial Carolinas before the American Revolutionary War. He became a frontier lawyer and married Rachel Donelson Robards. He served briefly in the United States House of Representatives and the United States Senate, representing Tennessee. After resigning, he served as a justice on the Tennessee Supreme Court from 1798 until 1804. Jackson purchased a property later known as the Hermitage, becoming a wealthy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Specie Circular
The Specie Circular is a United States presidential executive order issued by President Andrew Jackson in 1836 pursuant to the Coinage Act. It required payment for government land to be in gold and silver. History The Specie Circular was a reaction to the growing concerns about excessive speculations of land after the Indian removal, which was mostly done with soft currency. The sale of public lands increased five times between 1834 and 1836. Speculators paid for these purchases with depreciating paper money. While government law already demanded that land purchases be completed with specie or paper notes from specie-backed banks, a large portion of buyers used paper money from state banks not backed by hard money as a consequence of Jackson's veto of the rechartering of the Second Bank of the United States. Executive order On July 11, 1836, Jackson ordered Secretary of the Treasury Levi Woodbury to issue the Specie Circular under federal law whereby the government refu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Logging
Logging is the process of cutting, processing, and moving trees to a location for transport. It may include skidding, on-site processing, and loading of trees or logs onto trucks or skeleton cars. Logging is the beginning of a supply chain that provides raw material for many products societies worldwide use for housing, construction, energy, and consumer paper products. Logging systems are also used to manage forests, reduce the risk of wildfires, and restore ecosystem functions, though their efficiency for these purposes has been challenged. In forestry, the term logging is sometimes used narrowly to describe the logistics of moving wood from the stump to somewhere outside the forest, usually a sawmill or a lumber yard. In common usage, however, the term may cover a range of forestry or silviculture activities. Illegal logging refers to the harvesting, transportation, purchase, or sale of timber in violation of laws. The harvesting procedure itself may be illegal, i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Grant
A land grant is a gift of real estate—land or its use privileges—made by a government or other authority as an incentive, means of enabling works, or as a reward for services to an individual, especially in return for military service. Grants of land are also awarded to individuals and companies as incentives to develop unused land in relatively unpopulated countries; the process of awarding land grants are not limited to the countries named below. The United States historically gave out numerous land grants as Homesteads to individuals desiring to prove a farm. The American Industrial Revolution was guided by many supportive acts of legislatures (for example, the Main Line of Public Works legislation of 1826) promoting commerce or transportation infrastructure development by private companies, such as the Cumberland Road turnpike, the Lehigh Canal, the Schuylkill Canal and the many railroads that tied the young United States together. Ancient Rome Roman soldiers were giv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Métis In Canada
The Métis ( ; Canadian ) are Indigenous peoples who inhabit Canada's three Prairie Provinces, as well as parts of British Columbia, the Northwest Territories, and the Northern United States. They have a shared history and culture which derives from specific mixed European (primarily French) and Indigenous ancestry which became a distinct culture through ethnogenesis by the mid-18th century, during the early years of the North American fur trade. In Canada, the Métis, with a population of 624,220 as of 2021, are one of three major groups of Indigenous peoples that were legally recognized in the Constitution Act of 1982, the other two groups being the First Nations and Inuit. Smaller communities who self-identify as Métis exist in Canada and the United States, such as the Little Shell Tribe of Chippewa Indians of Montana. The United States recognizes the Little Shell Tribe as an Ojibwe Native American tribe. Alberta is the only Canadian province with a recognized Métis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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