Robert Owen's 'labour notes'
This is a classy piece of political ephemera - a note issued in 1833 as part of the industrialist and socialist Robert Owen's attempt to use labour as the basis for a means of exchange. As you can see, the note is to the value of ten hours.
This is what TUC History Online says about the endeavour:
Labour notes issued by the National Equitable Labour Exchange, founded in 1832 by Robert Owen (1771-1858).
The Exchange originally located in Grays Inn Road, London but from 1833 housed in Charlotte Street, operated as a depot where workers could exchange products they had made by means of labour notes representing hours of work. The Exchange was initially successful and branches opened in South London and Birmingham, but disputes over the value of products and the time taken to make them led to the failure of the experiment and all the branches closed in 1834.
Women workers at the Grays Inn Exchange mainly needlewomen and shoemakers, were initially paid at a lower rate than men and many refused to sell their goods there unless they were offered equal terms.
There's more about the Labour Exchange and its notes here.
Owen's plan for equitable exchange failed - Josiah Warren tried something similar in the US, with similar results. But as you can see. the notes were well designed and there was a lot of thought given to the scheme.
And Robert Owen of course is still remembered for his textile mill at New Lanark, now a UNESCO World Heritage site, and for his pioneering role on the co-operative movement.
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