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RiverHOURS Interview

RiverHOURS Interview

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Published by Carl Mullan
River Hours is a vibrant community currency for the Columbia River Gorge area. Patterned after Ithaca Hours, member of this community feel their currency project has had a great deal of success in the years it has been in operation. Marketing for River Hours is primarily done through the Trade Publication which is in wide area distribution and printed 4 times a year.
River Hours is a vibrant community currency for the Columbia River Gorge area. Patterned after Ithaca Hours, member of this community feel their currency project has had a great deal of success in the years it has been in operation. Marketing for River Hours is primarily done through the Trade Publication which is in wide area distribution and printed 4 times a year.

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Published by: Carl Mullan on Apr 16, 2009
Copyright:Attribution Non-commercial


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Te frst step or any community aiming to become more sel-reliant is to establish its own currency system.
Interview with the RiverHOURS Team
Kpg  locl   Pcfc NosColub R Gog, Ogo, USA
April 2009 Digital Issue
6 § Community Currency Magazine April 2009 Issue
River Hours is a vibrant community currency for theColumbia River Gorge area. Patterned after IthacaHours, members of this community feel their currencyproject has had a great deal of success during its yearsin operation. Marketing for River Hours is primarilydone through their paper Trade Publication which is inwide area distribution and printed 4 times a year. Thecurrency is used in the Mid-Columbia region and, inparticular, the geographic region included within a thirty-
ve (35) mile radius from the Interstate Bridge between
Hood River, Oregon and Bingen, WashingtonThis is my interview with the team from River Hours.Answering questions was Mr. Bruce Bolme, RebeccaStonestreet and Scot Bergeron. All three are members
of the steering committee. You can nd more info on
each person on their web site.http://www.riverhours.org/steeringCommittee.php
When did River Hours st enter circulation?
Our rst local currency was issued in the fall of 
2004. A group of interested citizens in the surroundingcommunities of the Columbia Gorge held anorganization meeting in mid 2003. Weekly meetingsfor the next year created an all volunteer organizationthat produced a membership cooperative as a projectof the Columbia Gorge Earth Center http://www.cgec.org. We began selling one year memberships in July
2004 with a start date when the rst trade directory
was published. Income from memberships provided
the money to print the currency and rst trade directory
which was issued in May 2005. Each trade directoryissue lists the coop members, what they offer or arelooking for, small display ads, and interesting articlesgenerally related to local currency and the economy.Coop memberships cost $40 per year.
I’m reall curious to know the da to da productswhich can be purchased with River Hours. Canou list for us 10 products or services which areavailable each week that I would otherwise bu
with national currency?
Auto repair and maintenance, basic handy-manservices, counseling, food, adult medical care, web sitedesign and development, music (three piece band),invasive weed removal, custom framing, hand woventextiles. Please go to our website for a more extensivelist of services and products.
Do ou know an local businesses that pa their 
employees in River Hours (in full or partial)?
We do not know of any.
I’ve often read the classic description of a localcurrenc, local trading sstem or scrip whichgoes something like this, “We have jobs that need
Community Currency Magazine April 2009 Issue § 7
doing and people qualied to do them, we are just
missing the mone.” In the case of local paper currenc, this common description ma have beena more appropriate idea back in the depression era.Toda’s Communit Currenc seems to mean more‘bu it local and keep the dollars circulating’. Doou have an sort of programs which take alook at the communit and asks, “if ou areunemploed or underemploed and wouldlike to work...come here and we can pa
you in River Hours”?
We do not have such a program in place asof yet, but it is a great idea! Come on out andimplement it for us! In other words, there are8 of us on the GLCC Steering Committee, allvolunteers, who have lives of their own. Weare still in a place of trying to educate peopleabout local currency let alone getting programsout there like the one you suggested.That being said, because of the nationaleconomy going down like it is and countygovernments in trouble, we might see aprogram like that in the near future.
From your web site, I nd the Columbia
Gorge Earth Center and the Gorge LocalCurrenc Cooperative (GLCC). Can ou tell
us how your organization is structured?
The GLCC is a volunteer organization that producesa membership cooperative. We are not a 501(c)(3). We have a Memorandum of Understanding withthe Columbia Gorge Earth Center which does have its501(c)(3) status. We are considered a “project” of theGCEC.
I read in your FAQ section about ination or dea
-tion. What events or local indicators would trigger 
the addition of more currency into circulation?
More currency is issued into circulation when a newmember joins RiverHOURS. To join RiverHOURS, amember pays $40 FRN which pays for advertisementin the Trade Directory for a whole year. We thenissue that member 4 RiverHOURS. When a member renews their membership, they again pay $40 for advertising in the Trade Directory and we issue them3.0 RiverHOURS. We have more than 80 currentmembers and about $19 thousand of local currencyin circulation. Each one of the Steering Committeemembers in is contact with a member when it is timeto renew. We ask them then how things are goingwith using RiverHOURS to get a feel of how theRiverHOURS are circulating.
If I started a local currenc modeled after River Hours, would m goal be to be provide jobs or woulda good goal be to better utilize local resources
through bartering?
 Local currencies do not have to have just one goal. Wewould say that providing jobs and better utilizing localresources through bartering are just two goals of RiverHOURS. We have more goals than those twolisted.
Do ou have an local programs which provide loansor grants to deserving people or for communit
Yes, we have provided loans for members of RiverHOURS. We gave a small loan to a business whichsells fair trade products from around the world. They
used their RiverHOURS loan to x up their store. They
also used the local currency to hire an accountant. Wedo not charge interest on our loans. We are not out tomake money like banks are.
I ask this because I see on the T.V. news tent citiesof unemploed and homeless people now springingup in places across America. If those areas hada local currenc would its function be to providethose people emploment or does our currenc
not really work that way?

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