rubbed down, polished and made into beads, and then strung into belts or necklaces, which were valued according to their length, colour and lustre, the black beads being the most valuable. Thus one foot of black peag was worth two feet of white peag. It was so well established as a currency among the natives that in 1649 the Court of Massachusetts ordered that it should be received as legal tender among the settlers in the payment of debts up to forty shillings4.
