Clam - As Currency

As Currency

Some species of clams, particularly Mercenaria mercenaria, were in the past used by the Algonquians of Eastern North America to manufacture wampum, a type of shell money.

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Famous quotes containing the word currency:

    Money is the worst currency that ever grew among mankind. This sacks cities, this drives men from their homes, this teaches and corrupts the worthiest minds to turn base deeds.
    Sophocles (497–406/5 B.C.)

    One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.
    William Howard Taft (1857–1930)