Company store
A company store is a
Employee-only company stores often accept scrip or non-cash vouchers issued by the company in advance of periodic cash paychecks, and gives credit to employees before payday. Except in very remote areas, company stores in mining towns became scarcer after the miners bought automobiles and could travel to a range of stores. Even so, the stores could survive because they provided convenience and easy credit. Company stores served numerous additional functions, as well, such as a locus for the government post office, and as the cultural and community center where people could freely gather.[1]
Company stores were
Regarding this reputation, economic historian Price V. Fishback wrote:
The company store is one of the most reviled and misunderstood of economic institutions. In song, folktale, and union rhetoric the company store was often cast as a villain, a collector of souls through perpetual debt peonage. Nicknames, like the "pluck me" and more obscene versions that cannot appear in a family newspaper, seem to point to exploitation. The attitudes carry over into the scholarly literature, which emphasizes that the company store was a monopoly.[2]
The songs Fishback mentions include the popular song "Sixteen Tons", which contains such lines as "Saint Peter, don't you call me, 'cuz I can't go. I owe my soul to the company store."
Company stores existed elsewhere than the United States, in particular in the early 1900s in Mexico, where textile workers at the largest cotton mill were paid in scrip. In a 1907 labor strike, workers attacked and looted the Río Blanco, Veracruz textile company's store. The workers were gunned down by the Mexican military, but in the aftermath of the violence, more retail outlets were opened in Rio Blanco.[3]
Possibly the first company store in the world was in
See also
- Clawback
- General store
- History of coal miners
- Truck system
- Company scrip
References
Notes
- ^ Athey, Lou (1990). "The Company Store in Coal Town Culture". Labor's Heritage. Vol. 2, no. 1. pp. 6–23.
- ^ Fishback, Price V. (1992). "Did Coal Miners 'Owe Their Souls to the Company Store'? Theory and Evidence from the Early 1900s". Soft Coal, Hard Choices: The Economic Welfare of Bituminous Coal Miners, 1890-1930. p. 131. Chapter 8
- ^ Turner, John Kenneth (1910). Barbarous Mexico (Reissued by University of Texas Press, 1969 ed.). Chicago, Kerr. pp. 169–174.
- ^ Takaki, Ronald (1983). Pau Hana- Plantation Life and Labor in Hawaii- 1835-1920 (Paperback Edition, 1985 ed.). Univ of Hawaii Press. pp. 7.
Further reading
- Crawford, Margaret (1996). Building the Workingman's Paradise: The Design of American Company Towns. ISBN 9780860916956.
- Green, Hardy (2010). The Company Town: The Industrial Edens and Satanic Mills That Shaped the American Economy. Basic Books. Excerpt and text search]
- Martin, Cynthia Burns (2012). "The Bodwell Granite Company Store and the Community of Vinalhaven, Maine, 1859-1919". Maine History. Vol. 46, no. 2. Vinalhaven Island, Maine. pp. 149–168.
- Tucker, Gene Rhea; Francaviglia, Richard (2012). Oysters, Macaroni, and Beer: Thurber, Texas, and the Company Store. the store--and the whole town, were owned by the Texas and Pacific Coal Company
- Wright, Carroll Davidson (1893). Analysis and index of all reports issued by bureaus of labor statistics in the United States prior to November 1, 1892. Government Printing Office. United States Bureau of Labor. p. 264- guide to state studies of company stores in the 1880s