Publication Date
Spring 1993
Abstract
In the latter half of the nineteenth century and the early twentieth century, company stores essentially used an alternative unit-of-measure called scrip. Scrip was issued by the company as payment to the employees and was recognized within a particular geographic community as tender, a practice introduced, fostered, controlled, and often mandated by the company. Its purpose seems to have been to keep the individual tied to the company store. Scrip could take many forms, but it was always issued in lieu of cash.
Recommended Citation
Johnson, Roxanne Therese
(1993)
"Scrip: The alternative unit-of-measure in company towns,"
Accounting Historians Notebook: Vol. 16:
No.
1, Article 5.
Available at:
https://egrove.olemiss.edu/aah_notebook/vol16/iss1/5