Staff Tokens
Staff tokens were issued to staff of businesses in lieu of coin. In the 19th century the argument supporting payment to staff was the shortage of coin in circulation, but in reality employees were forced to spend their wages in the company's stores at highly inflated prices—resulting in an effective dramatic lowering of their actual salary and disposable income.
Read more about this topic: Token Coin
Famous quotes containing the words staff and/or tokens:
“Man, in spite of his tendency towards mendacity, has a great respect for what he calls the truth. Truth is his staff in his voyage through life; commonplaces are the bread in his bag and the wine in his jug.”
—Rémy De Gourmont (1858–1915)
“It is the part of men to fear and tremble
When the most mighty gods by tokens send
Such dreadful heralds to astonish us.”
—William Shakespeare (1564–1616)