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August 1, 2025
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25 févr. 1862 - Legal Tender Act

Description:

The Act authorized issuance of paper money, United States Notes, to finance the war without raising taxes.[2] The paper money depreciated in terms of gold and became the subject of controversy, particularly because debts contracted earlier could be paid in this cheaper currency.[3]

https://www.history.com/this-day-in-history/legal-tender-act-passed

Ajouté au bande de temps:

Date:

25 févr. 1862
Maintenaint
~ Il y a 163 ans