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Tag Archives: greenback
Chase report
The following is an editorial that assessed Secretary of the Treasury Salmon P. Chase’s annual report to Congress. The issuance of greenbacks has been a success and has not increased the money supply beyond the underlying value in the economy. … Continue reading
The greenbacks are coming!
Last year I wondered how a local newspaper could know very accurately how much money was being sent home by Union volunteers. Apparently much of the money was funneled through a soldier’s captain, and the captain told the press. From … Continue reading
