February 3rd, 1944 Luzon, Philipines
Dear Iz and Sil,
The money which you have just examined, except for the two little green ones, is Philippino invasion money. Ordinari- ly, one peso is worth fifty cents in American money, so you might think that these sixty-four and a half pesos are worth $32.25, But before we got here, it cost the Philippinos two thousand of these things for a pair of shoes — fifteen hundred for a shirt, etc. However, since we’ve taken over, they have also been used to supplement our toilet paper supply. The green ones are Dutch money I picked up while at (CENSOR) I’m sure I’ve already sent other
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