Token Coin - Staff Tokens

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.

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Famous quotes containing the words staff and/or tokens:

    ... all my letters are read. I like that. I usually put something in there that I would like the staff to see. If some of the staff are lazy and choose not to read the mail, I usually write on the envelope “Legal Mail.” This way it will surely be read. It’s important that we educate everybody as we go along.
    Jean Gump, U.S. pacifist. As quoted in The Great Divide, book 2, section 10, by Studs Terkel (1988)

    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)