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| Year | Stories |
|---|---|
| 1892 | 2 |
| 1893 | 2 |
| 1894 | 2 |
| 1895 | 1 |
7 stories matching ious
- The City Treasurer’s Ultimatum
Seattle’s incoming treasurer refuses to accept bank IOUs as currency, demanding hard coin to back the city’s treasury.
- The Hop Growers' Scrip Solution
Local banks and merchants collaborate to issue IOUs as cash to help farmers survive the harvest season.
- City Hall Debates Paying Workers in Scrip
Facing a cash crunch, Seattle city officials consider paying for sewer infrastructure with IOUs that workers might have to sell at a discount.
- The City’s IOUs: Seattle's Great 1892 Debt Reckoning
Facing a mountain of unpaid warrants and legal liabilities, the city council asks voters to decide if Seattle will settle its debts with bonds or face financial collapse.
- The Treasurer’s Tab: Taxpayers Pay with Promises
A Whatcom County official faces heat for allowing local elites to pay their taxes with IOUs, sparking a public naming-and-shaming campaign.
- The Great 1892 Debt Cleanup: How Seattle Tried to Bail Itself Out
Facing a mountain of unpaid municipal warrants and a legal crisis, Seattle's city council rushed a desperate bond measure to the ballot to keep the city's lights on and workers paid.
- Seattle's Teachers Refused to Take 85 Cents on the Dollar
Paid in warrants the district could not back, 140 educators asked voters to bond the school debt so their salaries would be worth face value.