Description

Fascinating piece of depression-era Canadian monetary-reform ephemera. This 5.8" x 4.3" double-sided slip provides a backside application form to join the Free Economy League of Canada. The front side features a suggested sample of a Gesell Scientific Currency Note entitled "United Provinces of Canada Currency Note". The "One Dollar" note includes twelve boxes, representing each month in 1936. With the passing of each month this note was declared to be subject to a 1% demurrage stamp charge. Presumably the motivation behind such an instrument was to encourage spending during the depths of the Great Depression, just as negative interest rates of more recent times have similarly been aimed. Clean, bright and unmarked with negligible wear. Impress your friends with this incredible shrinking currency! Book