-
The Continental Congress started the Bank of North America in Philadelphia as the nation's first “real” bank. To help support the Revoulutionary War
-
Congress adopted the dollar as the unit for national currency. Before a variety of notes were being printed.
-
On the brink of bankruptcy from the Civil War, Congress authorized the United States Treasury to issue paper money for the first time in the form of non-interest bearing Treasury Notes called Demand Notes.
-
Demand Notes were replaced by United States Notes
-
The Department of the Treasury's Bureau of Engraving and Printing started printing all U.S. currency.
-
The Department of the Treasury was authorized to issue Silver Certificates in exchange for silver dollars. The last issue was in the Series 1957.
-
Paper currency was first issued with the inscription “In God We Trust” in 1957.
-
Made the $5 and $10 bill harder to counterfeit
