Project Gutenberg 2010-08-02 Public domain in the USA. 173 Harris, Joseph Theodore Harris, J. Theodore 12035630 An Example of Communal Currency: The facts about the Guernsey Market House 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.) "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.) Reading ease score: 55.1 (10th to 12th grade). Somewhat difficult to read. en Paper money -- Guernsey Finance -- Guernsey HG Text Browsing: Culture/Civilization/Society Browsing: Economics Category: History - Modern (1750+) Category: Economics 152203 2025-06-13T13:43:35.930583 text/html 147089 2010-08-02T15:39:38 text/html; charset=iso-8859-1 49923 2010-08-02T15:39:38 text/html; charset=iso-8859-1 application/zip 156009 2025-06-13T13:43:44.756484 application/epub+zip 156634 2025-06-13T13:43:40.333533 application/epub+zip 110676 2025-06-13T13:43:38.712559 application/epub+zip 406102 2025-06-13T13:43:48.150543 application/x-mobipocket-ebook 376983 2025-06-13T13:43:43.616537 application/x-mobipocket-ebook 261195 2022-09-15T09:17:20.771709 application/x-mobipocket-ebook 124330 2025-06-13T13:43:35.285519 text/plain; charset=us-ascii 123985 2010-08-02T15:39:38 text/plain; charset=iso-8859-1 45544 2010-08-02T15:39:38 text/plain; charset=iso-8859-1 application/zip 123990 2010-08-02T15:39:38 text/plain; charset=us-ascii 45495 2010-08-02T15:39:38 text/plain; charset=us-ascii application/zip 20347 2025-06-13T13:43:48.308486 application/rdf+xml 25604 2025-06-13T13:43:39.310503 image/jpeg 4689 2025-06-13T13:43:39.012503 image/jpeg 150934 2025-06-13T13:43:35.946527 application/octet-stream application/zip Archives containing the RDF files for *all* our books can be downloaded at https://book.klll.cc/wiki/Gutenberg:Feeds#The_Complete_Project_Gutenberg_Catalog