Louise Yuse with a Christmas tree decorated with banknotes that will be used to purchase war bonds, 1942.
Posts tagged Money
Mug shot: A photograph of someone’s face especially one made for police records. The word ”mug shots” comes from the British slang word “mug” meaning “face.” Ms. Arsena, a shover of counterfeit coin, was arrested on May 4, 1888 in New York City. Counterfeiters were popular after the Civil War. According to the National Archives: By the […]
“Show me the money!” In order to pay the expenses for the Union Army during the Civil War, the U.S. Treasury decided upon a national “greenback.” Up to this point there was no national paper currency (as we know it today) issued by the government. Initially, it started with the $1 and $2 bills. The […]
In 1867 the United States, led by Secretary of State William Seward, purchased the Alaska territory from Russia. After controlling most of the area that is now Alaska from the late 1700s until 1867, Russia sold the territory for $7.2 million dollars. This equals out to roughly two cents per acre. The U.S. gained a new territory […]