"Scrip (sometimes called chit) is a term for any substitute for legal tender and is often a form of credit" - so reads the Wikipedia definition for those items that served as currency in those portions of the U.S. where the bucks were scarce.
The attached news column tells a scrip story from the early Thirties - the sort of story that was probably most common on the old frontier.
Many of the back-handed dealings that would be addressed in John Steinbeck's 1939 novel, "The Grapes of Wrath" are illustrated in the attached photo-essay titled, "Slavery in America". This article is about the cruel world of the Deep South that existed in the Twenties and Thirties. It was an agrarian fiefdom where generations of White planters and factory owners practiced the most un-American system of exploitation and feudalism that developed and was perpetuated from the chaos wrought by the Civil War and Reconstruction. It was a nasty place where the working people of both races labored under conditions of peonage and bone-crushing poverty with no hope in sight.
Accompanying a short editorial are pictured the images of the leaders of the CPUSA (Communist Party USA) and the various assorted Americans who rallied, marched and rioted under their banner during the Great Depression:
• William Z. Foster (1881 – 1961),
• Ella Reeve Bloor (1862 – 1951)
• Jay Lovestone (1897 — 1990)
1939 was the year that the CPUSA was able to boast that their membership rolls had swelled as high as 66,000; the list began to dwindle from that point and today it is believed to stand at 15,000.
Click here to learn how thoroughly the FBI had infiltrated the CPUSA.
Was former Vice-President Henry Wallace a dirty Red?
From Amazon: Demagogues in the Depression: American Radicals and the Union Party, 1932-1936,
The magazine article attached herein recorded the roller-coaster ride that was experienced by all those on Capitol Hill who opposed or supported the Black-Connery Wages and Hours Bill. This piece of legislation was "a keystone in the New Deal's social and economic philosophy of 'balanced abundance'". The Bill was co-authored by Senator Hugo Black of Alabama and Representative William P. Connery of Massachusetts and it was intended to provided for a 40-cents-per/hour minimum wage, a maximum workweek of 40-hours, and a minimum working age of 16 (with a few notable exceptions).
It went into effect on October 24, 1938.
"A long program of suggested remedial legislation lies ahead of the 7,500 representatives of the people who gather this year in the halls of Congress and of all but four State Legislatures. The NRA (National Recovery Administration) will come under the closest scrutiny. As the old year waned, the NIRA (National Industrial Recovery Act)was being attacked and defended."
Click here to see a chart concerning the U.S. urban murder rate between the years 1926 - 1936.
This article reported on a phenomenon that is common in our own day as well as the era of the Great Depression. It exists in any locale that fosters a lousy environment for business - for when the entrepreneurial classes loose their daring for investing in commercial ventures and when bankers refuse to loan money for fear that they will never be paid back, it leads to the creation of what is called "dormant capital" - money that should be working, but isn't.
"There is now piled up in banks some $46,000,000,000. As opposed to $39,000,000,000 at the low point of 1933, and the idle capital is on the increase. World trade has virtually broken down."