Although soldiers and sailors knew about short snorters, they first were popular with airmen because the tradition began in the 1920s among barnstormers. According to a September 26, 1984, story in Coin World, a pilot named Jack Ashcraft started it in August 1925 among the aviators of the Gates Flying Circus. The air show had a supply of stage money. Ashcraft signed his name on a play dollar. He then approached Clyde Pangborn. Ashcraft asked Pangborn if he had a dollar. He did. Ashcraft told him to sign his name on it. What for? You’ll see… Pangborn later flew into aviation history by crossing the Pacific with Hugh Herndon, Jr. Short snorters began a history of their own.
But when the war ended, so did the tradition.