PAGINI DIN ISTORIA ÎNCEPUTURILOR INDUSTRIALIZĂRII ROMÂNIEI. JETOANELE LUI EMIL COSTINESCU
Pages from the history of the dawn of Romania’s industrialization. Emil Costinescu’s tokens

Summary/Abstract: The author features several tokens that were put into circulation, at the end of the 19th century, by two economic entities from two different localities, Sinaia (Prahova county) and Tarcău (Neamţ county). These two companies, The Sinaia Factories and “Tarcău” Limited Partnership Society were both owned by Emil Costinescu. He was an economist, financier, industrialist and a prominent politician of the late 19th and early 20th centuries, a supporter of the need for a national industry to capitalize on the indigenous raw materials that Romania had in abundance. All the tokens were inscribed with the name Emil Costinescu, a reason enough to present them in a single paper and to bring back to attention the personality of this outstanding Romanian politician. The tokens were received by the employees as part of the remuneration due for the work performed and relieved the employer of the need to circulate large sums of cash. These currency substitutes were used by the employees of the respective companies to pay for food or other necessities purchased from the canteens that served them.

• Details
• Contents