The privately owned, unlawful Federal Reserve System of (central) Banks begins issuing emergency currency (Federal Reserve Notes), under the authority of the Federal Reserve Act 1913.
Postscript: A century later, those Federal Reserve (bank) Notes (Bills of Credit) have become the only legal medium of exchange in the nation.
[added 6/6/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
us events
www.duke.edu/~charvey/Country_risk/chronology/us-events.htm
Banking Before the Federal Reserve: The U.S. and Canada Compared – Foundation for Economic Education
fee.org/articles/banking-before-the-federal-reserve-the-us-and-canada-compared/
Current U.s. National Debt:
