Thursday, May 16, 2013

Šiauliai 1938


This is a registered cover sent in 1938 from Šiauliai to Jaroměř, Czechoslovakia (now Jaroměř is part of the Czech Republic). The sender is "Šiaulių Savitarpio Kredito Prekybos Draugija", probably a local Šiauliai association for a mutual fund or kredit. There are several references mentioning about such mutual credit system getting popular in Lithuania after the Hyper-inflation in the mid-1920's.

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