Abraham Lincoln signs a bill into law establishing the first Federal paper currency in U.S. history–the “U.S. Note.”
Tag: Economy
The Northern Financial Crisis
The suspension of specie payments by the leading northern banks plunges the North into a financial crisis as the year ends.
President Davis’s 1863 Message to Congress
January 12, 1863 – President Jefferson Davis submitted his message on the state of the Confederacy to the Confederate Congress as it assembled for its