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Greenback (money)
Greenbacks were emergency paper currency issued by the United States during the American Civil War that were printed in green on the back. They were in two forms: Demand Notes, issued in 1861–1862, and United States Notes, issued in 1862–1865. A form of fiat money, the notes were legal tender for most purposes and carried varying promises of eventual payment in coin, but were not backed by existing gold or silver reserves. History Background Before the Civil War, the United States used gold and silver coins as its official currency. Paper currency in the form of banknotes was issued by privately-owned banks, the notes being redeemable for specie at the bank's office. Such notes had value only if the bank could be counted on to redeem them; if a bank failed, its notes became worthless. The federal government sometimes issued Treasury Notes to borrow money during periods of economic distress, but proposals for a federal paper currency were politically contentious and recalle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1857
The Panic of 1857 was a financial panic in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the invention of the telegraph by Samuel F. Morse in 1844, the Panic of 1857 was the first financial crisis to spread rapidly throughout the United States. The world economy was also more interconnected by the 1850s, which also made the Panic of 1857 the first worldwide economic crisis. In Britain, the Palmerston government circumvented the requirements of the Bank Charter Act 1844, which required gold and silver reserves to back up the amount of money in circulation. Surfacing news of this circumvention set off the Panic in Britain. Beginning in September 1857, the financial downturn did not last long, but a proper recovery was not seen until the onset of the American Civil War in 1861. The sinking of contributed to the panic of 1857, as New York banks were awaiting a much-needed shipment of gold. American banks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alexander Hamilton
Alexander Hamilton (January 11, 1755 or 1757July 12, 1804) was an American military officer, statesman, and Founding Father who served as the first United States secretary of the treasury from 1789 to 1795. Born out of wedlock in Charlestown, Nevis, Hamilton was orphaned as a child and taken in by a prosperous merchant. He pursued his education in New York before serving as an artillery officer in the American Revolutionary War. Hamilton saw action in the New York and New Jersey campaign, served for years as an aide to General George Washington, and helped secure American victory at the Siege of Yorktown. After the war, Hamilton served as a delegate from New York to the Congress of the Confederation. He resigned to practice law and founded the Bank of New York. In 1786, Hamilton led the Annapolis Convention to replace the Articles of Confederation with the Constitution of the United States, which he helped ratify by writing 51 of the 85 installments of ''The Federalist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Population (other)
Population is the term typically used to refer to the number of people in a single area. Population may also refer to: *Statistical population, a set of similar items or events which is of interest for some question or experiment *Stellar population, categorized groups of stars within the Milky Way * ''Population'' (album), by The Most Serene Republic, 2007 * ''Population'' (journal), published by Institut national d'études démographiques See also * People (other) * World population * List of continents and continental subregions by population * List of countries and dependencies by population * Demography Demography () is the statistics, statistical study of populations, especially human beings. Demographic analysis examines and measures the dimensions and Population dynamics, dynamics of populations; it can cover whole societies or groups ..., the statistical study of human populations {{Disambiguation Population ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Battle Of Gettysburg
The Battle of Gettysburg () was fought July 1–3, 1863, in and around the town of Gettysburg, Pennsylvania, by Union and Confederate forces during the American Civil War. In the battle, Union Major General George Meade's Army of the Potomac defeated attacks by Confederate General Robert E. Lee's Army of Northern Virginia, halting Lee's invasion of the North. The battle involved the largest number of casualties of the entire war and is often described as the war's turning point due to the Union's decisive victory and concurrence with the Siege of Vicksburg.Rawley, p. 147; Sauers, p. 827; Gallagher, ''Lee and His Army'', p. 83; McPherson, p. 665; Eicher, p. 550. Gallagher and McPherson cite the combination of Gettysburg and Vicksburg as the turning point. Eicher uses the arguably related expression, " High-water mark of the Confederacy". After his success at Chancellorsville in Virginia in May 1863, Lee led his army through the Shenandoah Valley to begin his second ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Of Tarsus
Paul; grc, Παῦλος, translit=Paulos; cop, ⲡⲁⲩⲗⲟⲥ; hbo, פאולוס השליח (previously called Saul of Tarsus;; ar, بولس الطرسوسي; grc, Σαῦλος Ταρσεύς, Saũlos Tarseús; tr, Tarsuslu Pavlus; la, Paulus Tarsensis AD), commonly known as Paul the Apostle and Saint Paul, was a Christian apostle who spread the teachings of Jesus in the first-century world. Generally regarded as one of the most important figures of the Apostolic Age, he founded several Christian communities in Asia Minor and Europe from the mid-40s to the mid-50s AD. According to the New Testament book Acts of the Apostles, Paul was a Pharisee. He participated in the persecution of early disciples of Jesus, possibly Hellenised diaspora Jews converted to Christianity, in the area of Jerusalem, prior to his conversion. Some time after having approved of the execution of Stephen, Paul was traveling on the road to Damascus so that he might find any Christians ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saint Peter
Saint Peter; he, שמעון בר יונה, Šimʿōn bar Yōnāh; ar, سِمعَان بُطرُس, translit=Simʿa̅n Buṭrus; grc-gre, Πέτρος, Petros; cop, Ⲡⲉⲧⲣⲟⲥ, Petros; lat, Petrus; ar, شمعون الصفـا, Sham'un al-Safa, Simon the Pure.; tr, Aziz Petrus (died between AD 64 and 68), also known as Peter the Apostle, Peter the Rock, Simon Peter, Simeon, Simon, or Cephas, was one of the Twelve Apostles of Jesus Christ, and one of the first leaders of the Jewish Christian#Jerusalem ekklēsia, early Christian Church. He is traditionally counted as the first bishop of Romeor List of popes, popeand also as the first bishop of Antioch. Based on contemporary historical data, his papacy is estimated to have spanned from AD 30 to his death, which would make him the longest-reigning pope, at anywhere from 34 to 38 years; however, the length of his reign has never been verified. According to Apostolic Age, Christian tradition, Peter was crucified in Rome und ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
In God We Trust
"In God We Trust" (also rendered as "In God we trust") is the United States national motto, official motto of the United States and of the U.S. state of Florida. It was adopted by the U.S. Congress in 1956, replacing ("Out of many, one"), which had been the ''de facto'' motto since the initial design of the Great Seal of the United States. While the earliest mentions of the phrase can be found in the mid-19th century, the origins of this phrase as a political motto lie in the American Civil War, where Union (American Civil War), Union supporters wanted to emphasize their attachment to God and to boost morale. The capitalized form "IN GOD WE TRUST" first appeared on the Two-cent piece (United States), two-cent piece in 1864; it was not printed on Federal Reserve Note, paper currency until 1957 and on some postage stamps until 1954. A law passed in July 1955 by a joint resolution of the 84th United States Congress, 84th Congress () and approved by President Dwight Eisenhower requ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender Act
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria metropolitan area, Illinois, Peoria and Rockford metropolitan area, Illinois, Rockford, as well Springfield, Illinois, Springfield, its capital. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-largest land area. Illinois has a highly diverse Economy of Illinois, economy, with the global city of Chicago in the northeast, major industrial and agricultural productivity, agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its centr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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