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قراءة كتاب An Example of Communal Currency: The facts about the Guernsey Market House
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An Example of Communal Currency: The facts about the Guernsey Market House
LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE
AN EXAMPLE OF COMMUNAL CURRENCY
By
J. THEODORE HARRIS, B.A.
With a Preface by
SIDNEY WEBB, LL.B.
1/- NET
LONDON
P. S. KING & SON
ORCHARD HOUSE, WESTMINSTER
1911
PEOPLE'S BANKS
A RECORD OF SOCIAL AND ECONOMIC SUCCESS
By H. W. WOLFF
Third Edition, Newly Revised and Enlarged
Demy 8vo, Cloth, 600 pp. 6s. net
The Two Aspects of the Question, Credit to Agriculture, The "Credit Associations" of Schulze-Delitzsch, Raiffeisen Village Banks, Adaptations, "Assisted" Co-operative Credit, Co-operative Credit in Austria and Hungary, The "Banche Popolari" Italy, The "Casse Rurali" of Italy, Co-operative Credit in Belgium, Co-operative Credit in Switzerland, Co-operative Credit in France, Offshoots and Congeners, Co-operative Credit in India, Conclusion.
"We may confidently refer those who desire information on the point to the book with which Mr. Wolff has provided us. It will be a most useful thing if it is widely read, and the lessons which it contains are put in practice."—Athenæum.
"The book is the most systematic and intelligent account of these institutions which has been published."—Banker's Magazine (New York).
"It is the most complete book on the subject."—Mr. G. N. Pierson, late Dutch Prime Minister and Minister of Finance.
"There was manifest need of just such a book.... A mine of valuable information."—Review of Reviews.
"This is an excellent book in every way, and thoroughly deserves the careful attention of all who are concerned for the welfare of the people."—Economic Review.
LONDON: P. S. KING & SON
ORCHARD HOUSE, WESTMINSTER
STUDIES IN ECONOMICS AND POLITICAL SCIENCE
Edited by the Hon. W. PEMBER REEVES,
Director of the London School of Economics
No. 21 in the Series of Monographs by Writers connected
with the London School of Economics and Political Science
AN EXAMPLE OF COMMUNAL CURRENCY
AN EXAMPLE OF COMMUNAL CURRENCY:
THE FACTS ABOUT THE GUERNSEY MARKET HOUSE
COMPILED FROM ORIGINAL DOCUMENTS
BY
THEODORE HARRIS, B.A.
With a Preface by
SIDNEY WEBB, LL.B.
LONDON
P. S. KING & SON
ORCHARD HOUSE, WESTMINSTER
1911
CONTENTS
| PAGE | ||
| Preface | vii | |
| Introduction | 1 | |
| CHAP. | ||
| I. | Constitution of Guernsey | 4 |
| II. | The Security of the Notes | 6 |
| III. | Municipal Enterprise—The Issue of the Notes | 9 |
| IV. | The Utility of tne Notes | 20 |
| V. | First Rumblings of Opposition | 25 |
| VI. | The Reply of the States | 30 |
| VII. | The Crisis | 45 |
| VIII. | The End | 55 |
| Conclusion | 59 | |
| Appendix | 61 |
PREFACE
Those who during the past thirty or forty years have frequented working men's clubs or other centres of discussion in which, here and there, an Owenite survivor or a Chartist veteran was to be found, will often have heard of the Guernsey Market House. Here, it would be explained, was a building provided by the Guernsey community for its own uses, without borrowing, without any toll of interest, and, indeed, without cost. To many a humble disputant the Guernsey Market House seemed, in some mysterious way, to have been exempt from that servitude to previously accumulated capital in which the whole creation groaneth and travaileth. By the simple expedient of paying for the work in Government notes—issued to the purveyors of material, the master-workmen and the operatives, accepted as currency throughout the island, and eventually redeemed out of the annual market revenues—all tribute to the capitalist was avoided. In face of this successful experiment, the fact that we, in England, continued to raise loans and subject ourselves to