Talk:United States Note

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Are you saying there were no legal notes in the US prior to the Civil War? -- Zoe

According to the Bureau of Engraving and Printing:

...the Treasury Department did not issue notes intended for circulation as currency until 1862. This being the case, these notes are not obligations of the United States Government.

Prior to this time there were Colonial Notes, Continental Currency, and State Bank Notes. Oh yeah, there were also notes printed by two U. S. banks established by Congress, the First Bank of the United States (1791-1811) and the Second Bank of the United States (1816-1836). To the best of my understanding there is a fine distinction here - I believe the latter were United States Bank obligations as opposed to obligations of the United States Government. At any rate, it was the National Bank Act of 1863 that created a national currency and ultimately led to the extinction of state bank notes through some pretty heafty taxation which made such state notes unprofitable to issue. -- Elano

[edit] The table in this article

I never thought of it before, but the table at this article is about modern Federal Reserve notes. United States Notes, which were printed prior to 1914, had portraits of different kinds. What should we do with the table?? 66.32.251.152 23:38, 18 May 2004 (UTC)