An Example of Communal Currency: The facts about the Guernsey Market House
Read now or download (free!)
| Choose how to read this book | Url | Size | ||||
|---|---|---|---|---|---|---|
| Read online (web) | https://www.gutenberg.org/ebooks/33331.html.images | 149 kB | ||||
| EPUB3 (E-readers incl. Send-to-Kindle) | https://www.gutenberg.org/ebooks/33331.epub3.images | 152 kB | ||||
| EPUB (older E-readers) | https://www.gutenberg.org/ebooks/33331.epub.images | 153 kB | ||||
| EPUB (no images, older E-readers) | https://www.gutenberg.org/ebooks/33331.epub.noimages | 108 kB | ||||
| Kindle | https://www.gutenberg.org/ebooks/33331.kf8.images | 397 kB | ||||
| older Kindles | https://www.gutenberg.org/ebooks/33331.kindle.images | 368 kB | ||||
| Plain Text UTF-8 | https://www.gutenberg.org/ebooks/33331.txt.utf-8 | 121 kB | ||||
| Download HTML (zip) | https://www.gutenberg.org/cache/epub/33331/pg33331-h.zip | 147 kB | ||||
| There may be more files related to this item. | ||||||
Similar Books
About this eBook
| Author | Harris, Joseph Theodore |
|---|---|
| LoC No. | 12035630 |
| Title | An Example of Communal Currency: The facts about the Guernsey Market House |
| Note | Reading ease score: 55.1 (10th to 12th grade). Somewhat difficult to read. |
| Credits |
Produced by Barbara Kosker and the Online Distributed Proofreading Team at http://www.pgdp.net (This file was produced from images generously made available by The Internet Archive/American Libraries.) |
| Summary | "An Example of Communal Currency: The facts about the Guernsey Market House" by J. Theodore Harris is a historical account written in the early 20th century. The book delves into the unique financial experiment by the States of Guernsey during the early 19th century, where communal currency in the form of non-interest-bearing notes was issued to finance the construction of the Market House without incurring debt. The topic focuses on an innovative municipal approach to financing public works, evaluating its implications and effectiveness. The book narrates how the States of Guernsey successfully funded the construction of the Market House using state-issued notes rather than through loans that would incur interest. Harris compiles original documents and firsthand accounts to present a detailed overview of the project, including the initial motivations, the legal basis for issuing the notes, and the ensuing community benefits. It covers the ensuing debates and challenges faced from both within and outside the community regarding the sustainability of this financial model, documenting the eventual decline of the note system amid opposition and the rise of private banks. Throughout, the work serves as both an exploration of a significant economic experiment and a cautionary tale about currency management in civic governance. (This is an automatically generated summary.) |
| Language | English |
| LoC Class | HG: Social sciences: Finance |
| Subject | Paper money -- Guernsey |
| Subject | Finance -- Guernsey |
| Category | Text |
| EBook-No. | 33331 |
| Release Date | Aug 2, 2010 |
| Copyright Status | Public domain in the USA. |
| Downloads | 63 downloads in the last 30 days. |
| Project Gutenberg eBooks are always free! | |
