The 200 million dollars’ worth of cash in circulation on the islands was a point of concern. Had Japan invaded and occupied Hawaii, they could have seized that money and used it to fuel their war machine by spending it in other countries. In order to prevent this, an emergency order limited individuals and businesses to only possess 200 and 500 dollars at any time, respectively. All the cash was rounded up and replaced with specially printed “Hawaii overprint notes.” These looked like ordinary dollars, but had the word HAWAII printed in large letters on one side, and several other markings on the other. These 1, 5, 10 and 20$ notes no longer counted as legal tender, so a Japanese occupier would have found them worthless.
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