The United states Department of the Treasury begins printing the first United States Treasury Notes (Bills of Credit) to circulate as paper currency.
NOTE: Article I, Section 8 [Clause 2] permits Congress the authority to borrow money, but not to print it. That power, under the Articles of Confederation was taken away when the voluntary Union adopted the Constitution for the united States.
[updated 3/20/2022]
Major General Benjamin F. Butler, commanding the Militia of New York occupies Fort Hatteras, North Carolina.
[restored 2/1/2025]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Bruce Catton, The Civil War, (New York: American Heritage, 1960; Boston: Houghton-Mifflin, 1987), 285.
Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 167.
U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html
Current U.s. National Debt:
