1 Dollar
date: label: Date made
content: 1/2/1865
label: Date made
content: 1865-01-02
notes: label: Description
content: In addition to the portrait of Washington, the note depicts four Civil War generals: Gen. Clemmer, Gen. Hancock, Gen. Hartranft, and Gen. Schall. The vignette of the building suggests solidity and security-values prized and projected by banks of the era. Pre-Civil War banks were chartered by states and issued notes like this. National paper currency in a sustained fashion dates from the Civil War which it helped to finance in the Union and the Confederacy adopted a similar system to promote its effort. Near the end of the Civil War, Congress passed a law that would tax state-chartered banks a percentage of all outstanding bank notes previously issued by state-chartered banks. This law spelled the end of the practice of bank notes issued by banks under a state charter.
label: Location
content: Currently not on view
place: label: place made
content: United States: Pennsylvania, Montgomery county
setName: label: See more items in
content: Work and Industry: National Numismatic Collection
creditLine: label: Credit Line
content: Schlein, Richard
dataSource: label: Data Source
content: National Museum of American History
identifier: label: ID Number
content: 1992.0281.1951
label: accession number
content: 1992.0281
label: catalog number
content: 1992.0281.1951
objectType: label: Object Name
content: Bank Note
physicalDescription: label: Physical Description
content: paper (overall material)