Hoarded Dollars Must
p. 59 · Read in the full issue
Be"Uncanned"In
New Caledonia
The New Caledonian Administra tion announced recently that it in tended to clamp down soon on the practice by some merchants of pay ing for imports with what are known as "dollars touques" or "canned dollars".
It has been a popular joke in New Caledonia for years that some mer chants made so many dollars during the war, when the American troops were stationed on the Island, that they put them in cans and buried them in their gardens.
Since then, the Administration has more or less tolerated the use of hoarded dollars in the payment of imports, but now it has given the merchants a limited time to convert them.
However, the local Press says there can be very few canned dollars left in the country now after a lapse of 20 years.