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2 Comments
Constitutional_Patriotsays...An interesting fact:
Salmon P. Chase is one of only three non-presidents to be commemorated on cash money (since the introduction of the Federal Reserve System). The other two are Alexander Hamilton ($10) and Ben Franklin ($100).
And, finally, we cut to Chase: A link from the Treasury's currency page told us everything we wanted to know and more about the enigmatic Salmon P. As it turns out, he was the 25th Secretary of the Treasury, serving under Lincoln. Due to a monetary crisis brought on by the Civil War, he reluctantly implemented the first printing of paper money in the United States.
In fact, Chase's portrait appeared on the original $1 bill, thus earning him the nickname "Old Mr. Greenbacks." The name didn't stick, however, due to the fact that after the war, Chase, then Chief Justice of the Supreme Court, declared paper currency to be unconstitutional.
- Yahoo.com Coins and Currency Q&A
siftbotsays...Discarding this video. It failed to receive enough votes to get sifted up to the front page within 4 days.
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