国立アメリカ歴史博物館のインスタグラム(amhistorymuseum) - 10月29日 21時21分

You’ve heard people call money "clams," but did you know during the Great Depression people actually paid for things with clamshells in some places? ?

On October 29, 1929, the stock market crashed, jumpstarting the Great Depression. After the crash, people rushed to banks to withdraw their savings before they were lost. ?

Paper money was in short supply, so communities improvised. In Pismo Beach, California, the Chamber of Commerce and merchants issued clamshells like these—partly as a joke, an partly as a real stand in for paper money. ?

Each piece was shell and each was signed on the front and on the back. The shell marked "Restwell Cabins" is dated March 8, 1933. This was in the middle of President Roosevelt's national banking holiday, and it is exactly the time when we might expect to see people take money into their own hands. ?

#GreatDepression #BivalveMolluscs #CAhistory #CaliforniaHistory #BusinessHistory #Clamshells #FinancialHistory #PismoBeach

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