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Show First American Money Made of Clam Shells The proprietor of "a ranch on Cape Cod" has found traces of a trading station established at Bourne, 01 Manement, in the year of the Pilgrims. 1G27. At this trading post American money was first invented as a device for making trade more convenient. This post was established for trade be tween the Pilgrims on one side and th Indians and the Dutch New Yorkers on the other. In the course of time they Invented wampum, which was to have a stable, fixed value at all times. Wampum wni a piece of quahog (clam) shell cut into a certain shape and well polished. One piece of quahog shell represented a certain fixed value. Detroit New |