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The Nations First Bank
The Continental Congress started the Bank of North America in Philadelphia as the nation's first “real” bank. To help support the Revoulutionary War -
The Dollar
Congress adopted the dollar as the unit for national currency. Before a variety of notes were being printed. -
Civil War
On the brink of bankruptcy from the Civil War, Congress authorized the United States Treasury to issue paper money for the first time in the form of non-interest bearing Treasury Notes called Demand Notes. -
Greenbacks
Demand Notes were replaced by United States Notes -
Bureau of Engraving and Printing
The Department of the Treasury's Bureau of Engraving and Printing started printing all U.S. currency. -
Silver Certificates
The Department of the Treasury was authorized to issue Silver Certificates in exchange for silver dollars. The last issue was in the Series 1957. -
In God We Trust
Paper currency was first issued with the inscription “In God We Trust” in 1957. -
Redesign of $5 and $10 bills
Made the $5 and $10 bill harder to counterfeit