scholarship or acceptance revoked?

hazmat
Sun, 29 Jan 2006 01:40:54 +0000

As one means of financing the cost of fighting the Civil War, the federal (Union) government in 1862 began printing legal tender notes. This currency was not backed by specie (gold or silver) and exerted an inflationary impact on the Northern economy. By war’s end about $450 million was in circulation.

The value of the greenbacks, which were printed with green ink on one side, fluctuated with the war’s progress. In early 1864, when Union prospects were dim, the greenback dollar held a value of under 40 cents; by the end of the war in 1865, it was around 67 cents. The original intention was for the greenbacks to hold the same value as regular gold-backed notes, but that result never occurred.

Dollars but NOT Yankee dollars as you can see…hehehehe