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Wooden Nickel
In the United States, a wooden nickel is a wooden token coin, usually issued by a merchant or bank as a promotion, sometimes redeemable for a specific item such as a drink. Scrip and tokens have often been issued locally in times of severe economic distress such as financial crises and the Civil War. During the Great Depression, after the failure of the Citizens Bank of Tenino in Tenino, Washington, the local Chamber of Commerce teamed up with the local newspaper to issue scrip equivalent to 25% of people's bank deposits that could be spent at local merchants. Blaine, Washington, soon did the same with both flat scrip and, in response to requests generated by news and word of mouth, coins that included a 5-cent piece. The Chicago World's Fair in 1933 issued wooden nickels as souvenirs, and the tradition of wooden nickels as tokens and souvenirs continues to the present day. In a 21st century twist to Tenino, Washington’s Depression-era use of paper and wooden scrip to aid i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Token Coin
In numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of token coins is part of exonumia and token coins are token money. Their denomination is shown or implied by size, color or shape. They are often made of cheaper metals like copper, pewter, aluminium, brass and tin, or non-metals like bakelite, leather and porcelain. A legal tender coin is issued by a governmental authority and is freely exchangeable for goods. A token coin is less useful and issued by a private entity. Trade or barter Coin-like objects from the Roman Empire called have been interpreted as an early form of token. Their functions are not documented, but they appear to have been brothel tokens or possibly gaming tokens. Medieval English monasteries issued tokens to pay for services from outsiders. These tokens circulated in nearby villages, where they were called "Abbot's money". Also, counters called jetons were used as small change without official blessing. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 employ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tenino, Washington
Tenino () is a city in Thurston County, Washington, United States. The population was 1,870 at the 2020 census. Incorporated in 1906, the city sits upon land first established as a food-source prairie for Native Americans living in the area. The town grew around an economy of stone quarrying, with local sandstone being used in several government and university buildings in the Pacific Northwest. With a decrease in demand for stone, the town converted one abandoned quarry into a community pool. Its downtown district is listed on the National Register of Historic Places. Tenino gained notoriety during the Great Depression for the use of wooden money as public currency for its residents, a practice briefly revived during the Covid-19 Pandemic. Research released in a 2019 book provided an answer regarding myths surrounding the name of Tenino; it was determined the name is borrowed from the moniker of a steamboat used during a railroad committee expedition. History Tenino was offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blaine, Washington
Blaine is a city in Whatcom County, Washington, United States. The city's northern boundary is the Canada–U.S. border; the Peace Arch international monument straddles the border of both countries. The population was 5,884 at the 2020 census. Since Blaine is located right on the border with Canada, it is the northernmost city on Interstate 5. History The area was first settled in the mid-19th century by pioneers who established the town as a seaport for the west coast logging and fishing industries, and as a jumping off point for prospectors heading to British Columbia's gold fields. Blaine was officially incorporated on May 20, 1890, and was named after James G. Blaine (1830−1893), who was a U.S. senator from the state of Maine, Secretary of State, and, in 1884, the unsuccessful Republican presidential candidate. The city has a "turn-of-the-century" theme, marked by remodeled buildings and signs resembling designs that existed during the late 19th century and early 20th c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Century Of Progress
A Century of Progress International Exposition, also known as the Chicago World's Fair, was a world's fair held in the city of Chicago, Illinois, United States, from 1933 to 1934. The fair, registered under the Bureau International des Expositions (BIE), celebrated the city's centennial. The theme of the fair was technological innovation, and its motto was "Science Finds, Industry Applies, Man Adapts", trumpeting the message that science and American life were wedded. Its architectural symbol was the Sky Ride, a transporter bridge perpendicular to the shore on which one could ride from one side of the fair to the other. One description of the fair noted that the world, "then still mired in the malaise of the Great Depression, could glimpse a happier not-too-distant future, all driven by innovation in science and technology." Fair visitors saw the latest wonders in rail travel, automobiles, architecture and even cigarette-smoking robots. The exposition "emphasized technology an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19
Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was COVID-19 pandemic in Hubei, identified in Wuhan, China, in December 2019. The disease quickly spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 are variable but often include fever, cough, headache, fatigue, breathing difficulties, Anosmia, loss of smell, and Ageusia, loss of taste. Symptoms may begin one to fourteen days incubation period, after exposure to the virus. At least a third of people who are infected Asymptomatic, do not develop noticeable symptoms. Of those who develop symptoms noticeable enough to be classified as patients, most (81%) develop mild to moderate symptoms (up to mild pneumonia), while 14% develop severe symptoms (dyspnea, Hypoxia (medical), hypoxia, or more than 50% lung involvement on imaging), and 5% develop critical symptoms (respiratory failure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adage
An adage (; Latin: adagium) is a memorable and usually philosophical aphorism that communicates an important truth derived from experience, custom, or both, and that many people consider true and credible because of its longeval tradition, i.e. being handed down generation to generation, or memetic replication. Variations and nature An adage may warn against a failure to plan, be interesting observations, ethical rules, or skeptical comments on life in general, such as "do not count your chickens before they hatch", "do not burn your bridges", and . Some adages are products of folk wisdom that attempt to summarize a basic truth; these are generally known as "proverbs" or "bywords". An adage that describes a general moral rule is a "maxim". A pithy expression that has not necessarily gained credibility by tradition, but is distinguished by especial depth or excellent style is denominated an "aphorism", while one distinguished by wit or irony is often denominated an "epigra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sales Tax Token
Sales tax tokens are fractional cent devices that were used to pay sales tax on very small purchases in many American states during the years of the Great Depression. They were created as a means for consumers to avoid being "overcharged" by having to pay a full penny tax on purchases of 5 or 10 cents. Issued by private firms, by municipalities, and by twelve state governments, sales tax tokens were generally issued in multiples of 1 mill ( cent).Brian Rxm"Sales Tax Tokens: US State issues during the 1930s Depression,"Brian Rxm website, www.brianrxm.com/ History Background Prior to the coming of World War I in the summer of 1914, only two countries, Mexico and the Philippines, made use of a general sales tax for national finance. Excise tax — a transaction tax on the sale of specific items — was broadly used, however, and the idea of a general sales tax was neither unknown nor obscure to political decision-makers in the United States. Indeed, in 1921 there was a concerted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slug (coin)
A slug is a counterfeit coin that is used to make illegal purchases from a coin-operated device, such as a vending machine, payphone, parking meter, transit farebox, copy machine, coin laundry, gaming machine, or arcade game. By resembling various features of a genuine coin, including the weight, size, and shape, a slug is designed to trick the machine into accepting it as a real coin. Losses caused to vendors by slug usage may be the result of the loss of sales, the absence of revenue following the distribution of merchandise that was obtained at the vendor's expense, or the loss of cash that is distributed by the machine for overpayment with slugs. Honest customers may also suffer losses when change returned for overpayment is in the form of a slug rather than a genuine coin. Though slug usage is illegal in the United States and elsewhere, prosecution for slug usage is rare due to the low value of the theft and the difficulty in identifying the offender. Offenders in casi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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