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Counterfeiting and Fractional Currency; Resumes the Practice of Law. Skip to content Skip to site index ... that good substantial paper, with no guilding to it, is used, ...
TimesMachine is an exclusive benefit for home delivery and digital subscribers. About the Archive This is a digitized version of an article from The Times’s print archive, before the start of ...
Smith wants to share his U.S. Fractional Currency Series collection with the public and has set up an exhibit at the Faulkner ... These paper notes, which were printed in denominations of 3, 5 ...
Fractional currency came in many forms. This fifty-cent note issued by the Bank of Catasauqua, Pennsylvania is another example of fractional currency. Location Currently not on view date made ca 1862 ...
Since most metals were being used for the war effort, and no one was spending existing coins, small-denomination paper currency, known as fractional currency, was proposed. The Act of March 3, ...
Substitutes were tried: for example, using postage stamps as currency, or creating “fractional” paper bills. These bills were printed in several denominations between three and 50 cents, ...
Paper money found its way into the U.S. with the breakout of the Civil War, which spanned between 1861 and 1865. The uncertainty resulting from the Civil War led to a spike in the value of metals ...
Among the various fairy tales you hear about gold standard systems, one of the most pervasive is the idea that there is, was, or should be a 100% reserve of gold to make it work. As a corollary ...