Scrip is a substitute for legal tender that was often used in coal towns as a substitute for monetary wages or credit against the miner's next paycheck. Scrip could only be
spent in company stores for goods (sold at a a high markup in isolated towns with weak labor unions) and was part of a corporate paternal system of employee benefits that helped
management control workers and made labor organization difficult. The Liberty Trading Company of Madera, Pennsylvania issued this scrip for use in their stores. The company
produced several different token in $10.00, $5.00, $1.00, .50¢, .25¢, .10¢, and .05¢ denominations.