WebA history of the greenbacks : with special reference to the economic consequences of their issue, 1862-65 ... with special reference to the economic consequences of their issue, … WebJul 18, 2024 · An image of US currency during the Civil War era, known as “greenbacks,” via the Smithsonian Institution, Washington DC. Prior to the American Civil War, the South primarily relied on unpaid slave labor to grow and harvest cash crops, most paper money consisted of banknotes made by private banks, and infrastructure like roads, canals, and …
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WebMay 21, 2024 · GREENBACKS, the popular name for the U.S. notes issued during the Civil War as legal tender for all debts except tariff duties and interest on the public debt. They served as the standard of value in ordinary commercial transactions after their issue in 1862. The $450 million in greenbacks that was authorized was later permanently reduced to ... WebAug 12, 2024 · The falling value of the greenback heralds a larger, gradual fragmentation of the international economic order Wed 12 Aug 2024 01.00 EDT Last modified on Wed 6 Jan 2024 18.55 EST cfs charge rt
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• Brands, H. W. (2011). Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It. University of Texas Press. ISBN 9780292739338. • Friedberg, Arthur L.; Friedberg, Ira S. (2013). Paper Money of the United States (20th ed.). Coin & Currency Institute. ISBN 978-0-87184-020-2. Retrieved January 25, 2024. WebGreenbacks, Money and Labor. Hard Times, Their Cause & Remedy. ... If such were the consequences in England on a reduction of the currency to the limited amount stated, we should not be surprised at the ruinous consequences of a contraction ten-fold greater in our own country. The discharge of laborers, who if employed would have created wealth ... WebA history of the greenbacks : with special reference to the economic consequences of their issue, 1862-65 ... with special reference to the economic consequences of their issue, 1862-65 by Mitchell, Wesley Clair, 1874-1948. Publication date 1903 Topics Greenbacks -- History, Greenbacks bycicle storage philadelphia