As the largest city in Wisconsin, it stands to reason that Milwaukee would have the greatest number of different types of scrip of any Wisconsin community.

The Wisconsin Bank Scrip circulated in the city as did the Milwaukee Clearing House Scrip. Two different barter and labor exchanges were established that issued scrip — the Commodity Exchange and the Unemployed Labor and Commodity Exchange. And the city government found it necessary to issue a circulating medium in the form of municipal payment orders or “baby bonds“. Finally, one institution, the Mitchell Street Savings Bank, issued certificates of deposit when it went on moratorium.

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