The Union Makes Us Stronger. TUC | History Online logo TUC banner photo
Advanced Search
Home Timeline General Strike Match Workers The Ragged Trousered Philanthropists TUC Reports Feedback Email Us
Timeline 1815-1834 1850-1880 1914-1918 1939-1945 1960-2000
1815-1834 1834-1850 1850-1880 1880-1914 1914-1918 1918-1939 1939-1945 1945-1960 1960-2000
1834-1850 1880-1914 1918-1939 1945-1960 Tutor's Notes link Enlarge timeline

National Equitable Labour Exchange notes, 1832 (front)

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.

Title National Equitable Labour Exchange notes, 1832 (front)
Maker --
Production Date 1832
Format Currency
Copyright --
Holding Institution People's History Museum
Related Objects National Equitable Labour Exchange notes, 1832 (reverse)
© London Metropolitan University | Terms & Conditions