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jan 20, 1861 - Civil War

Description:

A civil war broke out, making problems worse. The North issued paper notes called demand notes, but people called them greenbacks because of the green ink they were printed with. The South used money backed by cotton, but as they began to lose the war, the notes became worthless.

Added to timeline:

15 Nov 2017
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620
The Bank History by Sarah H and Nyara G
The history of the American Banks

Date:

jan 20, 1861
Now
~ 163 years ago

Images:

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