Africa's Last Colonial Currency


Book Description

How the CFA Franc enabled France to continue its colonies in Africa.




Colonialism's Currency


Book Description

Money, often portrayed as a straightforward representation of market value, is also a political force, a technology for remaking space and population. This was especially true in nineteenth- and twentieth-century Canada, where money - in many forms - provided an effective means of disseminating colonial social values, laying claim to national space, and disciplining colonized peoples. Colonialism's Currency analyzes the historical experiences and interactions of three distinct First Nations - the Wendat of Wendake, the Innu of Mashteuiatsh, and the Moose Factory Cree - with monetary forms and practices created by colonial powers. Whether treaty payments and welfare provisions such as the paper vouchers favoured by the Department of Indian Affairs, the Canadian Dominion's standardized paper notes, or the "made beaver" (the Hudson's Bay Company's money of account), each monetary form allowed the state to communicate and enforce political, economic, and cultural sovereignty over Indigenous peoples and their lands. Surveying a range of historical cases, Brian Gettler shows how currency simultaneously placed First Nations beyond the bounds of settler society while justifying colonial interventions in their communities. Testifying to the destructive and the legitimizing power of money, Colonialism's Currency is an intriguing exploration of the complex relationship between First Nations and the state.




The Currency of Empire


Book Description

In The Currency of Empire, Jonathan Barth explores the intersection of money and power in the early years of North American history, and he shows how the control of money informed English imperial action overseas. The export-oriented mercantile economy promoted by the English Crown, Barth argues, directed the plan for colonization, the regulation of colonial commerce, and the politics of empire. The imperial project required an orderly flow of gold and silver, and thus England's colonial regime required stringent monetary regulation. As Barth shows, money was also a flash point for resistance; many colonists acutely resented their subordinate economic station, desiring for their local economies a robust, secure, and uniform money supply. This placed them immediately at odds with the mercantilist laws of the empire and precipitated an imperial crisis in the 1670s, a full century before the Declaration of Independence. The Currency of Empire examines what were a series of explosive political conflicts in the seventeenth century and demonstrates how the struggle over monetary policy prefigured the patriot reaction to the Stamp Act and so-called Intolerable Acts on the eve of American independence. Thanks to generous funding from the Arizona State University and George Mason University, the ebook editions of this book are available as Open Access (OA) volumes from Cornell Open (cornellpress.cornell.edu/cornell-open) and other Open Access repositories.




Monetary Transitions


Book Description

This book uses money as a lens through which to analyze the social and economic impact of colonialism on African societies and institutions. It is the first book to address the monetary history of the colonial period in a comprehensive way, covering several areas of the continent and different periods, with the ultimate aim of understanding the long-term impact of colonial monetary policies on African societies. While grounding an understanding of money in terms of its circulation, acceptance and impact, this book shows first and foremost how the monetary systems that resulted from the imposition of colonial rule on African societies were not a replacement of the old currency systems with entirely new ones, but were rather the result of the convergence of different orders of value and monetary practices. By putting histories of people using money at the heart of the story, and connecting them to larger imperial policies, the volume provides a new and fresh perspective on the history of the establishment of colonial rule in Africa. This book is the result of a collaborative and interdisciplinary research project that has received funding by the Gerda Henkel Foundation. The contributors are both junior and senior scholars, based at universities in Europe, Africa, Asia and the US, who are all specialists on the history of money in Africa. It will appeal to an international audience of scholars and educators interested in African Studies and History, Economic History, Imperial and Colonial History, Development Studies, Monetary Studies.




Monetary Transitions


Book Description

This book uses money as a lens through which to analyze the social and economic impact of colonialism on African societies and institutions. It is the first book to address the monetary history of the colonial period in a comprehensive way, covering several areas of the continent and different periods, with the ultimate aim of understanding the long-term impact of colonial monetary policies on African societies. While grounding an understanding of money in terms of its circulation, acceptance and impact, this book shows first and foremost how the monetary systems that resulted from the imposition of colonial rule on African societies were not a replacement of the old currency systems with entirely new ones, but were rather the result of the convergence of different orders of value and monetary practices. By putting histories of people using money at the heart of the story, and connecting them to larger imperial policies, the volume provides a new and fresh perspective on the history of the establishment of colonial rule in Africa. This book is the result of a collaborative and interdisciplinary research project that has received funding by the Gerda Henkel Foundation. The contributors are both junior and senior scholars, based at universities in Europe, Africa, Asia and the US, who are all specialists on the history of money in Africa. It will appeal to an international audience of scholars and educators interested in African Studies and History, Economic History, Imperial and Colonial History, Development Studies, Monetary Studies. Karin Pallaver is Associate Professor of African History in the Department of History and Cultures at the University of Bologna, Italy, where she teaches Modern African History and Indian Ocean History. Her research interests lie in the social and economic history of 19th-century and early colonial East Africa, and especially in the history of money and currency. On this topic, she has published several articles and book chapters and is collaborating with various international research groups and networks.




Africa's Last Colonial Currency


Book Description

Colonialism persists in many African countries due to the continuation of imperial monetary policy. This is the little-known account of the CFA Franc and economic imperialism. The CFA Franc was created in 1945, binding fourteen African states and split into two monetary zones. Why did French colonial authorities create it and how does it work? Why was independence not extended to monetary sovereignty for former French colonies? Through an exploration of the genesis of the currency and an examination of how the economic system works, the authors seek to answer these questions and more. As protests against the colonial currency grow, the need for myth-busting on the CFA Franc is vital and this expose of colonial infrastructure proves that decolonisation is unfinished business.




Colonialism's Currency


Book Description

Money, often portrayed as a straightforward representation of market value, is also a political force, a technology for remaking space and population. This was especially true in nineteenth- and twentieth-century Canada, where money - in many forms - provided an effective means of disseminating colonial social values, laying claim to national space, and disciplining colonized peoples. Colonialism's Currency analyzes the historical experiences and interactions of three distinct First Nations - the Wendat of Wendake, the Innu of Mashteuiatsh, and the Moose Factory Cree - with monetary forms and practices created by colonial powers. Whether treaty payments and welfare provisions such as the paper vouchers favoured by the Department of Indian Affairs, the Canadian Dominion's standardized paper notes, or the "made beaver" (the Hudson's Bay Company's money of account), each monetary form allowed the state to communicate and enforce political, economic, and cultural sovereignty over Indigenous peoples and their lands. Surveying a range of historical cases, Brian Gettler shows how currency simultaneously placed First Nations beyond the bounds of settler society while justifying colonial interventions in their communities. Testifying to the destructive and the legitimizing power of money, Colonialism's Currency is an intriguing exploration of the complex relationship between First Nations and the state.




Money, Coinage and Colonialism


Book Description

This book explores coinage and related object types as an important form of material culture that is crucial to interrogating interactions between coloniser and colonised. Money, Coinage and Colonialism is a much overdue treatment of coinage and money in debates around ancient and recent colonial practices. It argues that coinage offers unique opportunities to study interactions and effects of the meeting between colonisers and colonised, as well as the economic, political and ideological interactions between colonial communities and the state of origin. It is argued that the study of coins and other means of exchange may reveal less apparent and under-communicated processes, values and discourses in the study of colonial environments and projects, with commonalities informing a larger "global history" approach. A broad picture is built from numerous case studies, spanning from Classical Greek colonies to European colonial enterprises of the Modern period, exploring colonial histories, settings, ideology and resistance. Particular attention is paid to the role of coins in identity construction; to ambiguity, hybridity and creolisation of monetary objects in colonial contexts; and to specific uses of coins that tell of violence, oppression and resistance as well as of networks, acculturation and globalisation. Composed of chronologically broad and diverse case studies from colonial contexts, this book is for researchers in colonial and post-colonial archaeology as well as archaeological and cultural-historical numismatics.




The Currency of the American Colonies, 1700-1764


Book Description

In this 1941 doctoral desertation, the author establishes that colonial governments generally conducted their currency policies with reasonableness and responsibility in the face of difficult conditions, imperfect alternatives and conflicting considerations and interests.




Colonial Currency Reprints, 1682-1751: Introduction. Severals relating to the fund, etc. 1682. A discourse in explanation of the bank of credit, etc. 1687. A model for erecting a bank of credit, etc. (London, 1688) Some considerations on the bills of credit, etc. 1691. Some additional considerations on the bills of credit, etc. 1691. A model for erecting a bank of credit, etc. (Boston reprint, 1714) Objections to the bank of credit, etc. 1714. A letter from one in Boston to his friend in the country, etc. 1714. A vindication of the bank of credit, etc. 1714. A projection for erecting a bank of credit, etc. 1714. Some considerations upon the several sorts of banks, etc. 1716. The present melancholy circumstances of the province considered, etc. 1719. An addition to the present melancholy circumstances of the province considered, etc. 1719. The distressed state of the town of Boston considered, etc. 1720. A letter from one in the country to his friend in Boston, etc. 1720. The postscript. 1720


Book Description