Special Currency Issues: Contingencies for War
During World War II, the U.S. Treasury replaced all American currency in Hawaii with special issue notes as a precautionary measure in the event of an enemy forces’ victory. Had enemy forces conquered Hawaii, the distinctively marked currency would have been withdrawn from circulation.
During and after World War II, the major Allied powers used Allied Military Currency in newly liberated or defeated countries such as France, Italy, and Japan.
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