The listing, WWI FRANCE 1918 COMMERCE 5 CENTS WAR MONEY! has ended.
WWI FRANCE 1918 COMMERCE 5 CENTS WAR MONEY! FREE SHIPPING TO U.S. AND CANADA
ISSUED DURING WWI FOR COMMERCE
he First World War 1914-1918 years
During the First World War and after the crisis was raging in the country, the economy is suffocating from lack of cash. In contrast to previous emergencies were invented new means of payment - money cardboard and mark-coins.
During this period, emergency money can be divided into two broad categories:
- "Semi-official". Issuers were chambers of commerce, trade and industry associations, municipalities. This currency was allowed to produce in accordance with the decision of 16 August 1914. This extreme currency was legal and signs should be deposited in the Bank of France. Such money had wide circulation in the municipalities, regions, cities, etc.
- "Private issues". Issuers were various commercial organizations, institutions, factories, shops, bakeries, restaurants and cafes, cooperatives, public and charitable foundations, transport and other companies. This currency was issued without the permission of the central government, without the deposit of a bank, which deprived any guarantee solvency of money. Workers receive such currency as part of wages - for payment in canteens and various household and social services, the purchase of essential goods in certain stores and cooperatives ...