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American colonists issued paper currency for the Continental Congress to finance the Revolutionary War.
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The Continental Congress opened the Bank of North America in Philadelphia as the nation's first bank to give further financial support to the Revolutionary War.
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The Continental Congress adopted the dollar as the unit for the national currency.
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The Notes were replaced by United States Notes. Commonly called "greenbacks" because of the green tint introduced to discourage photographic counterfeiting.
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Currency was reduced in size by 25 percent, and a consistent design was introduced with uniform portraits on the front and emblems and monuments on the back.
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Paper currency was first issued with the inscription "In God We Trust". The inscription appears on all currency Series 1963 and later.
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The program is scheduled to run from 1999-2008, with five new quarters released every year over ten years. The 50 quarters features a deisgn that honors each state's unique history and tradition.
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The U.S. Treasury introduced redesigned of the five dollar and ten dollar bils to make counterfeiting more difficult.