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jan 1, 1861 - Demand Notes

Description:

In order to finance the Civil War, Congress authorizes the U.S. Department of the Treasury to issue non-interest-bearing Demand Notes. Later these notes were called "greenbacks" because of their distinctive color

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Finance Timeline

ByMichael Meehan
9 Oct 2018
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0
447

Date:

jan 1, 1861
Now
~ 165 years ago

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