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Tag Archives: j william jones

First U.S. Paper Money

Baptists and the American Civil War: March 10, 1862

The United States is now battling against the Confederate States on several fronts. Financially, raising funding for the war effort is critical. Today, the U.S. issues the first national paper money. Denominations are $5, $10 and $20. The paper money becomes legal tender on March 17. Meanwhile, President Abraham Lincoln continues to push for emancipation…

March 10, 2012 in Archive: This Day in Civil War History.

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