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)

[edit] POV

I removed some sections that were obviously biased against the Fed, but I think this article still needs a review by someone with more knowledge in this area. --Phirazo 06:33, 23 February 2008 (UTC)

The article was not biased against the Fed. It was merely information about United States Notes and its ideological support by American Statesmen. There was nothing about the Federal Reserve in the article! It seems to me above poster is intentionally trying to seek out anti-Fed bias and reaching for something that doesn't exist. I am going to undo the edit as it looks very uncalled for.—Preceding unsigned comment added by 167.206.160.18 (talk) 19:09, 26 February 2008 (UTC)

[edit] $300,000,000 is incorrect

Though the figure of $300,000,000 is often cited as the total amount of greenbacks allowed by statute. This is incorrect. The correct figure is $346,681,016. I have added the citation to the 1906 New York Times article that gives this as the figure of as of the resumption of specie payments. The treasury website themselves gives the round figure of $300,000,000 but note well they are speaking in round figures. Plain and simple the government source is wrong this time. —Preceding unsigned comment added by Wlmg (talk • contribs) 22:21, 19 May 2008 (UTC)