20 janv. 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.
Ajouté au bande de temps:
The Bank History by Sarah H and Nyara G
The history of the American Banks
Date:
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