Non specie money in the United States has a rich and varied history
Labor Note 1897
The Labor Exchange movement began in Kansas by G. B. De Bernardi, in response to the first widespread industrial depression in America. Because there were very few social programs to help displaced people, the economic depression was hard felt. Labor Exchange proponents believed the monetary system was unfair. They established warehouses through the West, PA, and Ohio where a person could deposit the products of his labor (wheat, corn, etc.) or borrow against a land holding without the risk of forclosure. In return for the deposit, members were given Labor Exchange notes that could be redeemed for goods at the warehouse. The Spanish-American War in 1898 brought the US out of the industrial depression and the Labor Exchange movement declined.