THE BROWNS 2.25.17

THE BROWNS


2.25.17

LONG BEACH, CA


On this day in 1862, the U.S. Congress passes the Legal Tender Act, authorizing the use of paper notes to pay the government’s bills. This ended the long-standing policy of using only gold or silver in transactions, and it allowed the government to finance the enormously costly Civil War long after its gold and silver reserves were depleted.


available 3.23.17