Sunday 29 December 2013

The U.S. printed special money for Hawaii during World War II. This is why.

The U.S. printed special money for Hawaii during World War II. This is why.

After the Japanese attack on Pearl Harbor in 1941, the United States recognized that a Japanese invasion of Hawaii was possible.




If this happened, the Japanese would have access to a large amount of U.S. currency.




To avoid this possibility, the U.S. Army recalled $200 million worth of U.S. currency in Hawaii and set them on fire.




The Federal Reserve replaced all that money with special bills with the word “Hawaii” on them.




In case of a Japanese invasion, these special notes would become worthless, preventing the Japanese from holding millions of American dollars.




The special currency was in use until 1944.




(source)












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