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TomTomTomTom

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Reply with quote  #1 
good reading...hope you can read the screen shots....btw...read from bottom page. up


Screen Shot 2019-10-11 at 8.19.36 PM.png  Screen Shot 2019-10-11 at 8.19.29 PM.png  Screen Shot 2019-10-11 at 8.19.17 PM.png  Screen Shot 2019-10-11 at 8.19.09 PM.png  Screen Shot 2019-10-11 at 8.18.58 PM.png  Screen Shot 2019-10-11 at 8.18.49 PM.png  Screen Shot 2019-10-11 at 8.18.25 PM.png  Screen Shot 2019-10-11 at 8.18.18 PM.png  Screen Shot 2019-10-11 at 8.18.04 PM.png 


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GregAlex

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Reply with quote  #2 
What a fascinating article! Not many people think about the immense costs the Union faced as they ramped up for the War. This was quite an educational story.
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postalnotes

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Reply with quote  #3 
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Originally Posted by TomTomTomTom
good reading...hope you can read the screen shots....btw...read from bottom page. up
                 


Excellent article!


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Researching United States Postal Notes 1883-1894.

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Steve in Tampa

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Reply with quote  #4 
Interesting article, thanks for sharing.
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mikelaw

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Reply with quote  #5 
Agreed. Very cool American Civil War story and fun read. Thanks for sharing.

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mebid2much

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Reply with quote  #6 
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Originally Posted by mikelaw
Agreed. Very cool American Civil War story and fun read. Thanks for sharing.


+1 Thank you.
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YoungCollector

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Reply with quote  #7 
Excellent article!
If anyone out there wants to be a serious headbanger, Wesley Mitchell's "A History of the Greenbacks" gives a detailed blow-by-blow over several hundred pages.
It covers all the monetary machinations of the Lincoln administration.
And it is available at several sites online for free.
Such as here:  https://archive.org/details/historyofgreenba00mitcrich/page/2
and here:  
https://books.google.com/books/about/A_History_of_the_Greenbacks.html?id=XWYcAAAAMAAJ&printsec=frontcover&source=kp_read_button#v=onepage&q&f=false

E
arly notes, such as Brunaugh's note and the demand notes could be used to pay taxes - but legal tender notes could not.
This made these early notes as valuable as gold during the war when gold traded for as much as double legal tender notes.
Thus it was sorta crazy not to redeem them - and you see a pattern in what survived.
We have maybe 500 $5 notes, 150 $10 notes, about 20 $20 notes, and just an example or two of $50 on up.

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