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TeachMeFinance.com - explain Blue pup money historic definition... Blue pup money -- The slang name applied to the notes or circulating medium (substitute for money) formerly issued by plank road companies companies which constructed and maintained plank roads and collected toll from persons who used the roads in travel or traffic. The notes so issued were in small denominations, mostly for fractional amounts, and were ostensibly for use in paying toll, but they freely passed current as money in the sections where they originated. They are said to have first been issued in Indiana. They were called blue pup money to distinguish them from red dog money, which name was given to notes of another kind and of larger denominations. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.