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- Title
OUR LARGE CHANGE: THE DENOMINATIONS OF THE CURRENCY.
- Authors
Agger, Eugene E.
- Abstract
The article focuses on various laws related to the denomination of greenbacks in the U.S. The U.S. Congress has repealed the provisions which limited the issue of national bank currency to denominations of $5 or more. A legislation passed on February 12, 1873 authorized the coinage of trade dollars. Another law had been passed on February 12, 1862 which authorized the issue of $150,000,000 in currency notes in the country. A legislation passed on July 11, 1862 authorized the secretary of the U.S. Department of the Treasury to determine the denomination of paper currency.
- Subjects
UNITED States; GREENBACKS (Money); PAPER money; U.S. dollar; COINAGE laws; NATIONAL currencies; SILVER coins; UNITED States. Dept. of the Treasury; UNITED States. Congress; LAW
- Publication
Quarterly Journal of Economics, 1918, Vol 32, Issue 2, p257
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1885428