July 17: Greenbacks

from Dakota Datebook · host Carole Butcher

Paper money has been part of United States currency since the Continental Congress authorized a two-dollar note in June 1776. But those notes were not the paper money we know today. They were bills of credit used to fund the defense of a new country's struggle for independence. When the Constitution was ratified in 1788, it prohibited states from issuing bills of credit or using anything other than gold and silver as legal tender.

Episode metadata supplied by the publisher feed · Published Jul 17, 2026

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July 17: Greenbacks

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