21–30 of 88 posts
edit: this may have been changed just as of a few years ago, on the argument that good quality archival paper practically lasts as long as parchment/vellum, and is much cheaper...
As a related aside, split pieces of wood--so the holder could check and see the pieces matched up--were also used as an anti-fraud device ( https://en.wikipedia.org/wiki/Tally_stick ). Apparently, these pieces of wood are were we get the term "stock." In case you ever wondered why the word for an ownership share is the same word as "stick, trunk, block of wood, or post" (Germanic / Dutch / Old English), this is appar…
As a related aside, split pieces of wood--so the holder could check and see the pieces matched up--were also used as an anti-fraud device ( https://en.wikipedia.org/wiki/Tally_stick ). Apparently, these pieces of wood are were we get the term "stock." In case you ever wondered why the word for an ownership share is the same word as "stick, trunk, block of wood, or post" (Germanic / Dutch / Old English), this is appar…
I’ve never understood - what do you do if the tally sticks don’t match? You just know there’s a dispute but it doesn’t resolve the dispute does it? So what next?
So if they do not match the government simply does not give you your money.
As a related aside, split pieces of wood--so the holder could check and see the pieces matched up--were also used as an anti-fraud device ( https://en.wikipedia.org/wiki/Tally_stick ). Apparently, these pieces of wood are were we get the term "stock." In case you ever wondered why the word for an ownership share is the same word as "stick, trunk, block of wood, or post" (Germanic / Dutch / Old English), this is appar…
Is the phrase,"get short end of the stick" originate from this?
As a related aside, split pieces of wood--so the holder could check and see the pieces matched up--were also used as an anti-fraud device ( https://en.wikipedia.org/wiki/Tally_stick ). Apparently, these pieces of wood are were we get the term "stock." In case you ever wondered why the word for an ownership share is the same word as "stick, trunk, block of wood, or post" (Germanic / Dutch / Old English), this is appar…
So these non-fungible blocks that proved you had a stake... could you maybe trace back the transaction history for a piece of property using some kind of chain of these blocks?
Earlier quoted context omitted.
I dont understand. Its straight up told that the party giving the money had the longer stick, meaning the party with most to lose had to match the longer stick
If I give you $100, and we mark it on a stick, and then split it and give me the longer one, and then I throw away my half and split a new one that says you owe me $200, how do we resolve it when the halves come together and don't match? I say you made a new half-stick, and you say I did. Both parties in a contract can have an incentive to lie.
As a related aside, split pieces of wood--so the holder could check and see the pieces matched up--were also used as an anti-fraud device ( https://en.wikipedia.org/wiki/Tally_stick ). Apparently, these pieces of wood are were we get the term "stock." In case you ever wondered why the word for an ownership share is the same word as "stick, trunk, block of wood, or post" (Germanic / Dutch / Old English), this is appar…
Banksy does something similar now: https://reprage.com/post/how-banksy-authenticates-his-work
I now want Banksy to name my future endeavors.
As a related aside, split pieces of wood--so the holder could check and see the pieces matched up--were also used as an anti-fraud device ( https://en.wikipedia.org/wiki/Tally_stick ). Apparently, these pieces of wood are were we get the term "stock." In case you ever wondered why the word for an ownership share is the same word as "stick, trunk, block of wood, or post" (Germanic / Dutch / Old English), this is appar…
Is the phrase,"get short end of the stick" originate from this?
“Device” here is a clickbait. Device means some separate entity which prevents fraud, but these’s no such device. It’s akin saying modern money printers use anti-fraud devices (watermarks).