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There were three general types of money in the colonies of British America: the specie (coins), printed paper money and trade-based commodity money. [2] Commodity money was used when cash (coins and paper money) were scarce. Commodities such as tobacco, beaver skins, and wampum, served as money at various times in many locations. [3]
Before European contact, strings of wampum were used for storytelling, ceremonial gifts, and recording important treaties and historical events, such as the Two Row Wampum Treaty [2] [3] and the Hiawatha Belt. Wampum was also used by the northeastern Indigenous tribes as a means of exchange, [4] strung together in lengths for convenience. The ...
Wampum belts would be strung together with shells and were often used among Native Americans to deliver messages accompanied by speeches. [10] Under Algonquian culture, Wampum and beads represented wealth and power. To Rowlandson, they were accessories that Weetamoo used as part of a feminized ritual that showed her vanity.
The Iroquois traded excess corn and tobacco for the pelts from the tribes to the north and the wampum from the tribes to the east. [18] The Iroquois used present-giving more often than any other mode of exchange. Present-giving reflected the reciprocity in Iroquois society. The exchange would begin with one clan giving another tribe or clan a ...
The Governor, Louis de Buade de Frontenac, gradually saw the value of the paper currency and agreed to the expanded use, but as time went by, the use of card money contributed to a rise of inflation. In 1717, the colonial government withdrew all card money from circulation, redeeming the cards at 50% of their face value, and burning the cards.
2. Lladro. If you had a Lladro figurine in your house, you were fancy.And considering how much these sleek, shiny little sculptures sold for, it also doubled as a way to flaunt your money.
Antalis pretiosa (formerly Dentalium pretiosum), commonly known as the Wampum tuskshell [3] [1] [4] or the Indian money tusk [3] [5] [1] is a species of tusk shell in the family Dentaliidae. It was first described by George Brettingham Sowerby II , and named by Thomas Nuttall in 1860.
The president's mass deportation plans could funnel huge profits to private prison companies like Geo and CoreCivic.