Word: scrip
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Dates: during 1930-1939
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Canada's Alberta was last week a proving ground for a money experiment so fantastic as to baffle financial experts. On the theory that fast-moving money would bring Prosperity to his battered Province, Alberta's Premier William Aberhart last fortnight issued a scrip he called "prosperity certificates" (TIME, Aug. 10.) They had dated spaces on the reverse side for 104 tiny if stamps which must be bought and attached week-by-week to keep the money "fresh" (i. e., acceptable). Premier Aberhart had produced a "money" that was actually cheaper to spend than to save...
...total of their sales taxes, which Premier Aberhart had said were payable in certificates. Beyond that point Albertan merchants began to balk. Prosperity Certificates began appearing in Sunday collection plates and the Edmonton Journal asserted that only two of Edmonton's 218 stores were accepting unlimited quantities of scrip...
Starting without money in a two-room shack, the government of the new Republic ran deeper & deeper into debt, while the slaveholding South worked for its annexation to the U. S. and the industrial North stood firm against it. Bushels of almost worthless Texas scrip held by Northern speculators had much to do with the change of sentiment which brought the new State into the Union in 1845. Sixteen years later Sam Houston, no longer a hero, lost his Governorship because he opposed Secession. Texas gave its share of men & supplies to the Confederate cause but, though the last battle...
...game is played something like parcheesi, tokens being moved around a spaced board by throwing dice. Spaces are marked off into streets, water works, jail, etc. When a player lands on an unoccupied street he may buy it with scrip money, thereafter levy rent upon any other player who lands on it. If he acquires two or three adjoining streets, he may start a development, building houses and hotels, which enable him to charge higher & higher rents. Since each player starts with the same amount of scrip, it is necessary to have a nice sense of liquidity, investing enough...
Gaining fast but still behind Monopoly is Politics, a game in which each player is given $1,000,000 in scrip money to get himself elected President of the U. S. Three dice are rolled, the total on each roll entitling the player to stick colored pins in a big map of the U. S. Each State has an arbitrary seven counties, except a few in the East which have only four for lack of space on the map. Count is by electoral vote, and the importance of the State is roughly indicated by the number of dice points required...