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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 ...
The Covenant Chain is embodied in the Two Row Wampum of the Iroquois, known as the people of the longhouse - Haudenosaunee. It was based in agreements negotiated between Dutch settlers in New Netherland (present-day New York) and the Five Nations of the Iroquois (or Haudenosaunee) early in the 17th century. Their emphasis was on trade with the ...
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]
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 Two Row Wampum Treaty, also known as Guswenta or Kaswentha and as the Tawagonshi Agreement of 1613 or the Tawagonshi Treaty, is a mutual treaty agreement, made in 1613 between representatives of the Five Nations of the Haudenosaunee (or Iroquois) and representatives of the Dutch government in what is now upstate New York. [1]
True, he was shrewd and often ruthless in pursuing political power, but he was always pleasant and affable to the public and to his colleagues. (Van Buren Boys T-shirts can be found on numerous ...
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 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.