Curious Booklets about Curious US Paper Money

Researching for a project to create a Local Currency, I borrowed four
books from the ANA Library.

1. The Copper and Iron Dollars of the Upper Peninsula (Curto)
2. Michigan Depression Scrip (Curto)
3. Kinds of Scrip Issued by School Districts in Financial Emergencies
(Muscalus)
4. Odd Bank Note and Scrip Denominations (Muscalus)

Copper and Iron Dollars are banknotes (scrip) issued by mining
companies. The region was opened in the late 1850s. Federal money
was scarce enough. Once the Civil War started, money was really
scarce. So, the mining companies issued their own. They apparently
stood behind the issues with federal money at clearing houses.

Michigan Depression Scrip is a book often referred to -- and I have
some of the scrip from Howell and Detroit -- but this is the first
time I have actually gotten my hands on the book.

The School District Scrip is an interesting footnote to the Depression
moneys. One quote is that scrip went easier among teachers and school
boards. They understood the problem and the solution right away.
Also, holding some extra status in society, teachers imparted a halo
effect to the paper money substitutes.

One problem that the local currecy committee is having is dealing with
the federalization of the denomination. In other words, they think in
terms of Ten Dollars or Twenty Dollars. This is all very convenient
and all, but does it relate well to the economic reality of our
region? Perhaps a Time Dollar good for $15.38 3/8 makes more sense.