Once paper money and coinage were adopted as the only legal tender in the United States, the federal government no longer recognized all former currency, tobacco or fur wampum included.

wampum before adopting the legal paper currency and coins of the latter 1800’s. Once paper money and coinage were adopted as the only legal tender in the United States, ...

June 22 is perhaps an even more consequential semiquincentennial, even if there are no re-enactors or commemorative ...

Wampum's last known use as currency was in New York in 1701, but the concept of wampum as money persists today. Hotel Concierge: Unfortunately, we don't take wampum. Mr. Krabs: Ooh, ho, ho, sweet ...

What do animal pelts, tobacco, fake wampum, gold, and cotton-paper bank notes have in common? At one point or another, they've all stood for the same thing: U.S. currency.

On the island of Yap limestone disks with holes in the middle were money. Yap had no limestone but an island called Palau, a 300 mile paddle away, did. Getting rock back 300 miles across the ...

IT MAY BE A CASE of history repeating itself – with a distant federal government selling off land to the highest bidder against the will of the natives. Bidding closes today for a Bronx build… ...

1535: Wampum The earliest known use of wampum, which are strings of beads made from clam shells, was by North American Indians in 1535. Most likely, this monetary medium existed well before this date.

Money, or the lack thereof, was a persistent problem in colonial America. The colonists were under the control of Great Britain, where the legal tender was both gold and silver, known as a ...

I take the money philosopher’s point that there is more to prosperity than wampum creation. However, I do think wampum creation can start a process that leads to greater prosperity.