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Show First American Money Fdada of Clam Shells The proprietor of "a ranch on Cape Cod" has found traces of a trading station established at Bcurue, or Manement, In the year of the i'llgrlms. 1G-7. At this trading post American money was first Invented as a device for making trade more convenient. This post was established for trade between be-tween the Pilgrims on one side and the Indians and the Dutch New Yorkers on I he other. In the course of time they invented wampum, which was to have n stable, lixed value at all times. Wampum was a piece of qualiog (clain) shell cut into n' certain shape and well polished. One piece of qualiog shell represented a certain fixed value. Detroit News. |