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California pension plan, Ham and Eggs, October 1938

October 8, 2008 |  6:11 am


Ham_eggs_buck_crop
Ham_eggs_buckb_crop
You might ask, "What's this little item?" Good question. You may have noticed that The Times ran a picture of one of these bills on Oct. 4, 1938. One of the hotly contested issues in the 1938 election was the so-called Ham and Eggs pension plan, which would have provided $30 in scrip every week for Californians 50 and older. Opponents of the Ham and Eggs plan issued these fake dollars to campaign against the pension plan, which was defeated at the polls in November 1938. And yes, there was a competing plan that would have provided $25 every Monday.

Their worth today as a collector's item? Well I got this one for $2, including shipping.
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