Summary

Guido Kisch War Prisoner Money and Medals

The grated windows, the dungeon-like underground cellars, the general air of solidity and impregnability which impress the observer at first sight, bear out the assertion, which has become a creed among the neighbors, that during the Revolution the sugar-house was diverted from its legitimate use and turned into a British prison, where many an American patriot suffered not only imprisonment, but cruelties and starvation.
Source: Gutenberg

Guido Kisch War Prisoner Money and Medals

Considerations of war economy and corresponding military precautions created the necessity of issuing special money for the use of prisoners of war. A shortage in currency is often an unavoidable result of national war conditions. It would be greatly increased, of course, if the actual use of national currency would be permitted also to the rising numbers of captives. The issuance of special currency for the exclusive use of war prisoners is therefore an act of national defense in wartime.
Source: Gutenberg

Guido Kisch War Prisoner Money and Medals

For the almost innumerable varieties impaired the collector’s interest who could not entertain any hope ever to obtain a complete collection. While Germany continued this practice for the duration of the war, in line with 5 her general inflationary policy, Austria-Hungary seems to have kept the issuance of her war prisoner money within the limits of the actual war needs.
The hypothesis of the partly inflationary character of the German internment camp money during the First World War and of its doubtful numismatical value, as set forth here, is borne out by several other observations.
Source: Gutenberg

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