The First Colonial Currency By The Massachusetts Bay Colony

The First Colonial Currency By The Massachusetts Bay Colony
The first Colonial currency was issued in 1690 by the Massachusetts Bay Colony, while America
was under British rule. Other colonies began to issue their own paper currency, and use of the
denominated in Spanish Milled Dollars, Colonial notes were also denominated in British shillings,
pounds, and pence. In 1764, the British declared Colonial currency illegal. The Continental
Congress in 1775 issued currency to help finance the Revolutionary War. These notes were called
"Continentals," had no value in gold or silver. The Continentals were backed by the "anticipation" of
tax revenues, though easily counterfeited and without solid backing, the notes quickly became
devalued. This period marked the first time that United States currency's value was derived solely
from its purchasing power, as it is today.
In 1792, American Congress passed the country 's first coinage act. This meant that the United
States Mint was officially responsible for creating coins for public use. Thomas Jefferson and
Benjamin Franklin were two of the men who contributed research and ideas towards the early
versions of the coins. The Treasury Seal that was developed actually remained quite the same even
until today. Benjamin Franklin takes on counterfeiting, using his Philadelphia printing firm to
produce colonial notes with nature prints–unique raised patterns cast from actual leaves. This
process adds an innovative and effective counterfeit deterrent to notes. The first $2 notes are
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Alexander Hamilton: The Man On The Ten Dollar Bill
Alexander Hamilton: The Man on the Ten Dollar Bill
"My ambition is so prevalent that I contemn the groveling condition of a clerk," written by
Alexander Hamilton, age 12, on November 11, 1769.
Alexander Hamilton was born and raised in the West Indies, he began working as a merchant's clerk
at age 9 and became an orphan a year later. During his time as a child, he began to experience
economics and a few years later, he inspired locals to send him to New York to get an education and
make something of himself. He completed two years of school before joining the Revolutionary
War. He was Washington's aide and wrote to Congress about financial needs for the soldiers, which
he experienced first hand. After the war, he came back to finish his degree and married Elizabeth
Schuyler. This creates future mistrust in him as a politician because of his social position and elitist
point of view. By the end of his life, he will have diminished the War debt, ... Show more content on
Helpwriting.net ...
When brought to the attention, many people feared it would only help the rich and many believed it
was unconstitutional saying the "Constitution does not explicitly give the federal government the
power to create corporations." In one night, Hamilton decided to write a 15,000 word essay
defending his plan and wrote, "The principal and most enlightened commercial nations (had national
banks). There exists not a question about their utility." President Washington was persuaded by the
essay and signed the bill, and the First Bank of the United States opened on December 12, 1791 in
Philadelphia. A year later, Hamilton's plan became such a big success that United States bonds were
selling above European's. Which in turn created stock markets in New York and Philadelphia in

Copper Coin Essay
The coin I will be using is a copper penny and the three solutions are, Baking soda, Lemon Juice,
Salt and vinegar. Coins are created by places called Mints, which means "Coin manufacturing
facilities". Denver Colorado, San Francisco, Philadelphia, and West Point are where some of the
mint factories are located. The coin originated from 1787 where Benjamin Franklin wanted to add
the penny into the currency system of the United States. The penny use to be called the "One cent
Piece" but then later on was called the "penny". Earlier in time of 1837 and to 1858 then pennies
were made up of copper, a tiny bit of tin, and zinc. Later on it 1943 the pennies were made up of
steel. Today, pennies are made up of complete Zinc. The one–cent coin equals

Alexander Hamilton: Past, Present, And Future
If history could rewind to when Alexander Hamilton was the treasury secretary instead of Jack Lew,
the former would most definitely make the more sensible decision: to swap the Andrew Jackson
adorned $20 with a prominent historical female portrait. As it is 2015, Treasury Secretary Lew ––
seemingly deaf to countless proponents of doing so –– has unilaterally decided that the $10 bill (and
Alexander Hamilton) be unseated.
Jack Lew said, "With such a wide reach, America's currency makes a statement about who we are
and what we stand for as a nation."
Ironically, Andrew Jackson's biography documents mistreatment of Native Americans and the
ownership of slaves. Not to mention, Jackson was vehemently opposed to paper currency. What that
says about

1870 Silver Dollar Coin History
The silver content of the 1870 silver dollar coin comes in at 90% with a silver weight of 0.775
ounces. This represents a silver melt of around $15.52, making it more than 15x more valuable than
its face value.
However, the value of the coin doesn't stop there. A rough estimate of the coin's numismatic value is
said to be around $177,286. Further, an 1870 silver dollar that is in a certified mint state can be
expected to fetch around $1,959,95 at auction. This makes it one of the most valuable silver dollar
coins in United States history.
The high value of these 1870 silver dollar coins most likely comes from their extreme rarity. While
silver dollar coins were minted in multiple locations between 1840 and 1873, very few coins from
1870 are around today. This is because many of the coins were melted down to be repurposed for
smaller denominated coins after the Coinage Act discontinued the silver dollar. ... Show more
content on Helpwriting.net ...
In fact, after the passing of the Coinage Act, these coins were never again seen until 1914 at the
American Numismatic Society

Corruption In American Politics
Living in America people learn to live amongst some of the most corrupt human–being known to
humankind. Anyone can be corrupt, weather he or she is a corrupt cook working for Burger King
stealing money from the cash register to pay bills, or a corrupt politician who votes to raise his or
her earnings while committing white–collar crimes against the American public. Theodore
Roosevelt could not have been more precise when he said, "When they call the roll in the Senate,
the Senators do not know whether to answer 'present' or 'Not Guilty'." Corruption has been around
for some time in America, and the government has struggled to void this type of behavior when it
comes to politicians. The government's use of the FBI for investigations, the media ... Show more
People may debate that, even though America is one of the most corrupt countries in the world when
it comes to politics, many corrupt politicians have been found guilty and sentence to prison.
Moreover, to better understand this claim take a look at the evidence. According to the New York
Times, On Feb. 25 2015 "Two Mississippi officials plead guilty in a graft case involving private
prisons (New York Times)." Moreover, in the article it explains how "Christopher B. Epps a former
commissioner of the department of corrections, and Cecil McCrory, a onetime state lawmaker,"
wasted tax dollars! According to New York Times, "Mr. McCrory directed more than $1million to
Mr. Epps, including cash and mortgage payments, in exchange for lucrative state contracts (New
York Times). In addition, According to Bob Adelman, "Based on the number of convictions for
violating federal corruption laws, Mississippi – a state with just three million citizens – ranks at the
very top of the list of all states." Furthermore, studies show more than 25,000 convictions of public
officials across the country for violating federal corruption," according to Adelman
(thenewamerican.com). Some people feel the government is doing the right thing to better the
American society by spending money on highways and charging the American people for education,
rather than doing the

United States Mint Act Essay
The United States Mint is responsible for producing and circulating all coinage for use in economic
trade or commerce. However, few are actually aware of the history behind this financial intuition. In
the beginning of America's days as a colony, each state produced its own currency or accepted
foreign coins as a means of payment. Massachusetts was the first of the colonies to produce a paper
currency, which later gave rise to Continental Currency in an effort to finance the Revolutionary
War. However, these paper notes had no solid backing of any kind other than predicted taxes
revenue collected from each colony. In 1781, The Continental Congress sought to increase
confidence in its currency through the establishment of The Bank of North America in Philadelphia,
which was then the capital. The printing of money was left to private banks who printed notes of all
kinds. As a result, paper notes and coins were easily counterfeited. Silver bullion coins were easily
pressed and engaged with images and the exchange rate varied throughout each colony. ... Show
more content on Helpwriting.net ...
In 1792, Congress passed the Mint Act in order to establish the United Mint under the Department
of State and give this financial intuition the authority to produce coinage on a national level. This
legislation served to invalidate the various forms of colonial coinage as a legal tender. The act gave
birth to a copper one cent coin and established a decimal system for which coins and dollars could
be converted. Gold and silver were proportionally valued at fifteen units of silver to one unit of
gold. Director David Britton House was selected by Thomas Jefferson to oversee the production

Ara Chauckerian Role Model
Ara Chackerian works as a Manager at ASC Capital Holdings. He is not only a member of the
Board of Directors, but he helped to co–founder of TMS Health Solutions. Ara Chackerian career
journey at ASC Capital Holdings began in 2015 where he continues to work up to the present. ASC
Capital Holdings is located in the Bay Area of San Francisco, California. He is a member of the
Board at Mint Medical Education since 2012 to the present. Ara Chackerian is a member of the
Board at Juma Ventures since May 2011. Ara Chackerian graduated from Florida State University
College of Business in 2001 with a degree in Bachelor of Science in Marketing. Ara Chackerian is a
philanthropist, entrepreneur, and an angel investor. An Angel Investor is someone who

Should Pennies Be Eliminated Research Paper
The production of pennies should discontinue and be eliminated from our economic system. The
penny costs too much to produce and aren't worth much. Additionally, not only does it cost to
produce the coin, but also costs to distribute the coin all over the United States. By eliminating the
penny, it could be a good turnout for businesses.
One reason for the penny to be eliminated from the U.S. economy is how much it costs to produce.
The one–cent coin actually costs more to produce than what its originally worth. Copper, is the
material the coin is made from which is very expensive. According to Source 1, "In the United
States, the mint says, each zinc and copper coin costs 2.41 cents to produce and distribute" (p.1).
This example shows the amount the penny costs to make. It costs an extra dollar and ... Show more
Others think of the penny as a benefit to our society. An example of a benefit to society can be seen
in Source 3. The text states, "Students from every grade brought in bags and jars of pennies, and
with everyone's assistance, they raised over $3000 in one week" (p.1). This shows how pennies have
an impact on society, because middle school students brought in pennies everyday of the week and
raised money charity. In addition, Michael Cooper, an eighth grader says, "If you asked for my
quarters, I would have said 'no'...Pennies don't really matter much." From my perspective, it seems
as students had only gave away their pennies, because they didn't want or use them. When one good
cause, in this case raising money for charity only happened because pennies are worthless to those
who have them. There is no sense of raising money for a charity if there is no meaning to you.
In conclusion, pennies cost too much to produce and have little value of no meaning. It is a waste of
time and hardly anyone uses it. Thus, I believe the production and distribution of pennies should

Standard Value Of Currency In America Essay
The debate over the standard value of currency in the United States was an issue at the forefront of
American politics from the suspension of specie payments until the passage of the Gold Standard
Act in 1900. At the dawn of the Civil War in 1860 the United States government was using gold and
silver as the standard for the value of currency. The United States could only mint as much money as
they had in gold and silver, however during wartime this system began to falter because the
government had to manufacture inflation in order to pay the for the Civil War. Inflation meant that
the United States government could not match the value of their bonds with the gold and silver they
had available. To protect their gold and silver reserves the government, along with the banks,
abandoned specie payments in December of 1861. The suspension of these payments meant that the
United States had to produce a different form of currency, their solution was the greenback, which
were issued in 1862. Unlike currency based on the gold and silver standard, the value of the
greenback could be easily manipulated by the government. Because the war had been the factor that
necessitated the deviation from the bimetallic ... Show more content on Helpwriting.net ...
Lucky Grant was able to stop these finaccers and evade a major economic crisis.
This event and the ruling that paper money is constitution lead to the increased popularity of
greenbacks as a way to increase the money supply of the United States. In 1872 the Federal Reserve
expanded the circulation of greenbacks and did so again in 1873 in response to the economic panic
that took place that year. But greenbacks popularity did not last for long, President Grant and
congress passed the Resumption Act in 1875, which would eventually lead to currency and silver
being of equal value by

Research Paper On Maqlouba
I interviewed my mother, a native–born Palestinian who lived in the West Bank for 20 years before
coming to the United States. Although she raised my siblings and I in America for the majority of
our lives, she always cooked traditional Palestinian foods. The first that comes to mind is a dish
shared among all Palestinians and Jordanians: maqlouba. Maqlouba, which translates to "upside
down", is a rice, meat, and vegetable dish. Its name comes from the way it's served; it is flipped on a
serving dish from the pot it was cooked in. Thankfully, I've had the opportunity to try this dish both
here and in Palestine, and made by various relatives and friends, thus I know the many ways in
which people make Maqlouba.
My mother starts cooking maqlouba

Tobacco Laws: Tobacco And Other Stimulants
Laws: Tobacco And Other Stimulants As a result of confirmed research that smoking and
secondhand smoke has devastating effects to our health, new laws have been passed by the Health
Department making an attempt to preclude smoking, second hand smoking, strengthen smoke–free
air laws, reduce the access of minors to tobacco, and restrict the availability of discounted or
untaxed tobacco products in the United States. The United States Congress has not attempted to
enact any nationwide federal smoking ban. As further detailed in the series ahead, "smoking laws
vary widely throughout the United States. Some places in the United States do not generally regulate
smoking at all, some ban smoking in certain areas and not others, and some ban

Atlanta War Letter
Gentleman: I have your letter of the 11th, in the nature of a petition to revoke my orders removing
all the inhabitants from Atlanta. I have read it carefully, and give full credit to your statements of
distress that will be occasioned, and yet shall not revoke my orders, because they were not designed
to meet the humanities of the cause, but to prepare for the future struggles in which millions of good
people outside of Atlanta have a deep interest. We must have peace, not only at Atlanta, but in all
America. To secure this, we must stop the war that now desolates our once happy and favored
country. To stop war, we must defeat the rebel armies which are arrayed against the laws and
Constitution that all must respect and obey. To defeat ... Show more content on Helpwriting.net ...
War is cruelty, and you cannot refine it; and those who brought war into our country deserve all the
curses and maledictions a people can pour out. I know I had no hand in making this war, and I know
I will make more sacrifices to–day than any of you to secure peace. But you cannot have peace and
a division of our country. If the United States submits to a division now, it will not stop, but will go
on until we reap the fate of Mexico, which is eternal war. The United States does and must assert its
authority, wherever it once had power; for, if it relaxes one bit to pressure, it is gone, and I believe
that such is the national feeling. This feeling assumes various shapes, but always comes back to that
of Union. Once admit the Union, once more acknowledge the authority of the national Government,
and, instead of devoting your houses and streets and roads to the dread uses of war, I and this army
become at once your protectors and supporters, shielding you from danger, let it come from what
quarter it may. I know that a few individuals cannot resist a torrent of error and passion, such as
swept the South into rebellion, but you can point out, so that we may know those who desire a
government, and those who insist on war and its desolation.
You might as well appeal against the thunder–storm as against these terrible hardships of war. They
are inevitable, and the only way the people of Atlanta can hope once more to live in peace and quiet
at home, is to stop the war, which can only be done by admitting that it began in error and is
perpetuated in

Pike's Gold Rush
story of why a United States Mint facility was needed in Denver goes back to about 1850, when
some miners found gold in Colorado, then part of Kansas Territory. The Gold Rush didn't begin then
because the miners who found the gold didn't even stop to claim it! They were only passing through
on their way to search for gold in California. But the news spread quickly each time gold was found
in this area around Pike's Peak.
The first miners who found gold in Colorado didn't even stop to claim it.
During the late 1850s, times were hard all around the country. Many banks and businesses had to
close and many people lost their homes, farms, savings, and jobs. These troubles, combined with the
desire to "strike it rich," fanned the flames of

Source Code : Public Class Gumballmachine Implements
Source Code Gumball Machine: public class GumballMachine implements IGumballMachine {
State soldOutState; State noCoinState; State hasCoinState; State soldState; State state =
soldOutState; int count = 0; int gumballInSlot = 0; int coin = 0; public GumballMachine(int
numberGumballs) { soldOutState = new SoldOutState(this); noCoinState = new NoCoinState(this);
hasCoinState = new HasCoinState(this); soldState = new SoldState(this); this.count =
numberGumballs; if (numberGumballs > 0) { state = noCoinState; } } public void insertQuarter() {
state.insertCoin(25); } public void insertDime() { ... Show more content on Helpwriting.net ...
} void refill(int count) { this.count = count; state = noCoinState; } public void setCoin(int c) { coin
= c; } public int getCoin() { return coin; } public State getState() { return state; } public State
getSoldOutState() { return soldOutState; } public State getNoCoinState() { return noCoinState; }
public State getHasCoinState() { return hasCoinState; } public State getSoldState() { return
soldState; } public String toString() { StringBuffer result = new StringBuffer(); result.append("
Mighty Gumball, Inc."); result.append(" Java–enabled Standing Gumball Model #2004"); result
.append(" Inventory: " + count + " gumball"); if (count != 1) { result.append("s"); } result.append("
"); result.append("Machine is " + state + " "); return result.toString(); } public boolean
isGumballInSlot() { if (gumballInSlot > 0) { System.out.println("isGumballInSlot: true"); return
true; } else { System.out.println("isGumballInSlot: false"); return false; } } public void
takeGumballFromSlot() { if (gumballInSlot > 0) { System.out.println("Take all (" + gumballInSlot +
") gumball from the slot"); gumballInSlot =

Analysis: The Mint Museum At Randolph
The Mint Museum at Randolph is located in Charlotte's Eastover neighborhood. It was once part of
the United States Treasury Department: a mint. In 1936 it became the state's first art museum. It
houses a collection of cozy galleries to display everything from textiles, pottery, ceramics, glass and
decorative arts. The exhibit I viewed showcased works from three generations of artists: Newell
Convers Wyeth (patriarch), Andrew Wyeth (son) and Jamie Wyeth (grandson).
'Harbor Monhegan' was created in 1998 on Monhegan Island in Maine by Jamie Wyeth. It is an oil
painting on canvas, rich in texture and color. Wyeth's use of space it defined by the foreground,
middleground and background. The piece has movement depicted throughout; It looks almost
chaotic, movement is present in the flames, smoke, waves, and seagulls bringing the piece together.
... Show more content on Helpwriting.net ...
My eyes move from the fire to the billowing smoke just above it as it encircles the painting even
going off of the canvas and back to the seagulls to the lower right side of the work, then I observe
the boy whom in turn is observing me. Finally my sight wanders to the background grouping of
boats out at sea.The bursting flames from the fire coming alive as if trying to escape the canvas. The
flying seagull on the lower right hand corner of the painting helps achieve a sense of depth.The trash
laying on this Island looks out of place until you relate it back to the fire. The boy seems at home,
not afraid of his surroundings; almost as if he is wondering why I am there and if I am going to start

The Minimum Wage Should Be Decreased
The United States economy is still soft and prone to falling apart, and there is a debate that is on
going as to whether the minimum wage should be increased or decreased. The minimum wage is a
well known price floor, and that is what we need for our economy right now . I personally believe
that we should not increase the minimum wage, but decrease it instead. I would rather have the
minimum wage lowered than increased because that will only lead to negative side effects. For
example, if the minimum wage is increased then the government will need to mint more money and
the effect of minting more money is inflation. This will cause the American dollar to go down and
worsen the economy even more. Another thought is that what the United States needs now are jobs.
If the minimum wage is increased then existing jobs will want their workers to have more
experience and for those people that are in dire need to a job will have a lower chance of getting the
job because they ... Show more content on Helpwriting.net ...
The store retailer made a "cost–saving move: swapping expensive labor with lower–paid workers"
(Pearson, pg. 9). This shows that many stores are going bankrupt because of the economy and
resorted to firing high paid employees and having to deal with less experienced employees. To the
owner of Circuit City, they believed that they would be able to survive if they made cuts and make
up for them later but even this huge cut could not save them. As a result of firing so many highly
paid employees, "Circuit City then hired about 2,100 lower paid hourly workers to replace Mr.
Wood and the others" (Pearson). This proves that many companies are going to try this method and
hope that it will help them more tha it did Circuit City. When the time comes and companies get
pushed to the edge they are going to make drastic decisions and many people are going to get fired
but they are going to hired much more lower paid

How Did Thomas Jefferson And Hamilton Impact On Society
Thomas Jefferson and Alexander Hamilton are two of the most influential people in the early
development of the United States as an independent country. Both men have contributed to the
development of the United States as it now. Alexander Hamilton was our First Secretary of the
Treasury while Thomas Jefferson was the third President of the United States. Although both men
had a large impact on the United States, Alexander Hamilton had a greater impact than Thomas
Jefferson.
Hamilton was a Federalist that believed in a strong central government. He mostly represented
people from urban areas where there was a lot of trade going on. On the other hand, Thomas
Jefferson was an anti–Federalist that mostly represented southern interest. He wanted the states to
have more power than the central government. Jefferson was ... Show more content on
Helpwriting.net ...
Even thought Jefferson knew that the Constitution didn't grant the President to purchase the territory
from France. He justified his actions by saying that it was for the good of the United States. There
were many positive impacts of this purchase since it changed the size of America. Without it
America look the same today. Also, all the new land gave the Americans more resources and
America began to become the big world power that it is now. But, there were also some negative
effects. One negative effect was that later on there were a lot of disputes over the borders, like the
dispute with Mexico. Slavery became an issue. Before the Louisiana territory was added there was a
balance between the slave and free states. The Louisiana territory threatened this balance and started
to deepen the divide between the slave and free states and eventually this contributed to the start of
the Civil War. Lastly, Native Americans already lived in this area and there were a lot of disputes
over the

Why Did The Georgia Gold Rush
In Dahlonega, GA there is a museum in an old court house dedicated to the Georgia gold rush that
started in 1829 when Benjamin Parks found gold. There was a Georgia gold belt that covered 150
miles in distance with a 98% purity that was higher than even California's gold. There was gold
everywhere: in the rivers, in the mountains, and underground. Because of the abundance of gold,
towns would pop up what seemed like over night. There were two major gold mines: the Dahlonega
Gold Mine and the Consolidated Gold Mine. In Dahlonega there was so much gold mined that the
federal government built a mint in that area. Over $6 million was minted here, and that was not even
the majority of the gold that had been mined. The Consolidated Gold Mine was built because of the
huge dreams of people getting rich quick. The mine costed $5 million to build but it did not last very
long. The dreams behind the mind never ... Show more content on Helpwriting.net ...
This meant that the bricks had specks of gold in them. We were taken to another room and shown
the gold in the bricks. Each brick would glitter with the gold flakes in it. During the Georgia Gold
Rush, the land in Georgia was taken from the Cherokees. This meant the Indians would have to
leave. In 1838, the infamous Trail of Tears took place to get rid of the Indians. They forced all of the
Indians to get their stuff and leave. They were forced to march further west into America. Many
Indians lost their lives on the Trail of Tears. All the land they were forced off of was distributed to
the whites through a lottery. Going to the gold museum was fun because I always thought the main
gold rush was in California. But now I get to have pride in the state of Georgia. We had the first gold
rush, and our gold was the most pure from America. Of course, gold is no longer in abundance, but
it is cool knowing the part my home state played in the forming of

Get Rid Of Penny Essay
Is its a good idea to get rid of the Penny? It definitely is because the Penny costs more money to
make than it's worth, it's annoying to carry around all day, and it will save the government lots of
money. In 2012, the Canadian government decided to stop making there coin of least worth, also
know as the Penny. They made this choice to, in the long run, save money. While some people think
that the Penny was a part of their Canadian history they were not forced to give there pennys up, the
government would just stop distributing them. Getting rid of the penny is good for the economy
because it would save the government on average 60 million dollars a year. Evidence that supports
this claim is, "Pennies may not be big money, even if you add them together. But we are paying a
cost for the privilege of squirreling ... Show more content on Helpwriting.net ...
That 60 million dollars could be used for many other things like paying off government debt or
lowering taxes. Getting rid of the penny would also keep the air cleaner and more pure by cutting
down on mining operations for zinc and copper. Another piece of evidence that supports the claim
was in a December 2012 newspaper article by Rachel Mancuso. "For over 30 years, pennies haven't
been used on foreign military bases... On foreign military bases, instead of using pennies, the shops
and restaurants round to the nearest 5–cents. For example, if a lunch bill comes out to $9.06, it
would be rounded down to $9.05. If it was $9.09, it would be rounded up to $9.10. The rounding
system seems to work well for the military, and some experts such as Harvard professor N. Gregory
Mankiw want to do the same in the entire United States." This evidence shows us that the US
military has adopted the "No Penny System" and it has worked well for them. Not only would it cut
down on

Foolish The Penny
Do you think the penny is a waste?
Is a penny saved really a penny earned? Well not much longer it isn't, people think that we should
discontinue the penny from our current day system. In my eyes i see the penny as a waste of time
and a waste of money.There has been talk lately about discontinuing the minting of the us penny,and
after reading all four articles it's hard to say that we should keep the penny: "Penny Wise, or 2.4
Cents Foolish?" (Source 1), "Is the Penny Worth It?" (Source 2), "Give a penny–Save the day!"
(Source 3) "The Ever–Changing penny" (Souce 4). In my opinion we should discontinue the U.S.
penny because it is costing us too much to produce pennies and the cost to produce it is actually
more than it's worth, many countries have already dropped the pennies and it's going just fine for
them, there is already a plan for when we are going to discontinue the pennies, so we are prepared.
First of all,in 2011, it cost 2.4 cents just to make a penny. "in 2011,it cost the U.S. mint more than
2.4 cents to produce a penny." (Source 4, par. 4) But the cost to produce a penny now has dropped to
about 1.8 cents but it still costs more to make than it's worth.We should also get rid of the nickel to
because it costs 9.4 cents to make so they are just basically losing money by the minute."In the
United ... Show more content on Helpwriting.net ...
The penny has been part of the United states for over 200 hundred years it's so old they used to have
the statue of liberty on it and people see it as an artifact of our country. But the penny is still just a
waste of time and costing tax payers way to much to make and people just don't want to carry it
around anymore. What i want you to do tonight is think hard about whether we should keep the
penny or not and have reasoning why u think we should or shouldn't get rid of the

Two Cent Pieces Research Paper
The two–cent piece had some historical effects on the United States. First, it had been proposed in
1806 by Connecticut Senator Uriah Tracy, with a twenty–cent piece coin. Regarding the then–
prevalent view that coins have to contain their value in metal, Tracy's bill suggested that the two–
cent piece be made of billon, or debased silver. The bill was contradicted by Mint Director Robert
Patterson, as it is hard to refine the silver from melted down pieces. Despite of the fact that Tracy's
legislation passed the Senate twice, in 1806 and 1807, it didn't succeed in the House of
Representatives. Patterson sent a metal brass with two of the billon planchets that would have been
used for the coin to Tracy, indicating how hard it would be to avoid coin falsifying. The Mint
considered a two–cent piece in 1836, and examinations were directed by Second Engraver Christian
Gobrecht and Melter and Refiner Franklin Peale. The piece was to be ... Show more content on
Helpwriting.net ...
These coins were not familiar between people, and in 1857, after getting congressional approval, the
Mint started issuing the Flying Eagle cent, of the measurement of the later Lincoln cent, however to
some degree thicker and made of copper–nickel alloy. These pieces promptly circulated, and
although of the fact that the coin's design did not strike well and was substituted by the Indian Head
cent in 1859, the coins were usually used until all government coinage vanished from circulation in
a great part of the United States history in 1861 and 1862, During the economic turmoil of the
American Civil War. This happened for the fact that numerous Northerners expected that if the war
went ineffectively, paper cash and government bonds may get to be distinctly useless. This gap was
filled by, among other things, private token issues, sometimes in copper–nickel approximating the
size of the cent, however regularly it was thinner pieces in

Kentucky Derby Research Paper
The Kentucky Derby
The Kentucky Derby is one of the most storied horse races in the United States. Dating back to
1875, the Kentucky Derby is the longest running sports event in the U.S. The "Run for the Roses",
as the Derby is called, takes place in Louisville, Kentucky on the first Saturday in May.
History
In 1872, Meriwether Clark, the grandson of famed explorer William Clark, attended the Epsom
Derby in England. Determined to create a similar racetrack in the United States, he solicited John
and Henry Churchill, his uncles, to give him the land for a track. He also organized the Louisville
Jockey Club to raise funds for the track. The first Derby was run on May 17,1975. 10,000 people
gathered to watch 15 three–year–old Thoroughbreds ... Show more content on Helpwriting.net ...
This title refers to the garland of roses that is draped on the winning horse. The garland consists of
over 400 roses sewn to a green backing, along with the seal of the Commonwealth, the Twin Spires,
and the number of races that have been run in the Derby.
Hats
Women traditionally wear elaborate hats, called fascinators, to the Kentucky Derby. It is unclear
exactly how this tradition came to be, but it is theorized that hats were donned because the first
Derby was advertised to women's clubs as a social event. Hats were an essential accessory in the
1870s, and were used to convey status and wealth. Women arrived to the Kentucky Derby in hats
meant to show off their status, and the tradition stuck.
Mint Juleps
Mint juleps are the official drink of the Kentucky Derby. Early Times whiskey sponsors the event
and is the whiskey used in the mint juleps that are sold. Mint juleps are traditionally made with
bourbon, mint, ice, sugar, and water and are served in silver cups. The drink is popular in Kentucky
and became associated with the Derby early on. Premium mint juleps may be purchased at the
Kentucky Derby in place of the standard julep for $1,000 apiece. These drinks are made with
imported ingredients, and the proceeds go to benefit retired race

Outsourcing Disadvantage To The American Economy
Outsourcing overseas is a major disadvantage to the American economy. Contrary to popular belief,
companies argue that low– cost labor will in turn save them money and raise competitiveness, which
will result in less costly products. When taken into consideration outsourcing eliminates domestic
jobs. When a firm outsources, the jobs outsourced are, by definition, removed from the country.
These jobs are then sent overseas, where labor is paid far less than in the United States: "[In July of
1983]AT&T decide[d] to transfer production of residential telephones from its only U.S. telephone
manufacturing plant, in Shreveport, Louisiana, to Singapore. [Three years later] United
Technologies announces it will close its diesel–engine parts plant ... Show more content on
Helpwriting.net ...
imports of toys, dolls and games from China averaged 15.30 billion dollars, not including food
products. "The CDC's L. Hannah Gould (now with the NYC health department) and Jennifer Kline,
the U.S. Food and Drug Administration's Caitlin Monahan and Katherine Vierk– report 19 percent
of food consumed by Americans is now imported. This includes 97 percent of fish and shellfish; 50
percent of fresh fruits; and 20 percent of fresh vegetables." A staggering amount when considering
local fruit and vegetable farmers, that are not receiving subsidies from our government, as their
dairy and meat counterpart receives. Food safety news reports, "[Many outbreaks from imported
produce], are traced back to Latin America and the Caribbean. [ Mexico accounts for one quarter of
fruits and nuts imports and 45 to 50 percent of the vegetable imports.] The researchers also found
that fish outbreaks are most commonly associated with Asia." (foodsafetynews.com) Relatively, "[in
2008] U.S. Food and Drug Admiration has placed a hold on five types of farmed fish and seafood
containing traces of antibiotic and antifungal drugs that are potentially harmful to humans." An out
right ban was not immediate because there were no reports of illness or death. Nevertheless, the
FDA has stopped the import of shrimp, catfish, eel, basa and dace from China. "The FDA said that
between October 2006 and May 2007, tests on some imported Chinese fish repeatedly found traces
of the

Jetblue Essay
JetBlue
JetBlue was merged in August of 1998. It is an American low–cost carrier and is the 6th largest
airline in the United States. The corporation is head quartered in the Long Island City community of
the New York City region of Queens. Its main stream is at John F. Kennedy International Airport.
JetBlue transports services across the United States, the Caribbean and Latin America.
Next, with JetBlue being a low–cost carrier, they are currently working on growth plans to help
bring in more revenue. They face competition because other airlines are corporated with large
corporations and major legacy carriers. JetBlue needs a massive network. If JetBlue can't increase in
size, it could lose market share while others keep increasing. JetBlue, knew that in order to keep up
with other carriers, they had to escalate the number of commercial airline partnerships. The increase
has led to more money revenue. Also, airport deliveries played a major role with problems that they
were facing. JetBlue has not been around, as long as South West Airlines, American Airlines,
United, and Delta Air Lines. That means that since they haven't been around as long, they have to
commit their time to trademark their name out and keep up positive feedback. For other aircrafts, it
may be considered "older" aircrafts, but JetBlue had needed to brand out more aircrafts. If they did
make too many planes and they were not used, it would cause them to either sell, park, or lease to
other airlines.

Graduation Speech: The National Park Service
The National Park Service celebrated its one–hundredth birthday on August 25, 2016. The park
community celebrated the centennial by connecting people from all walks of life to the awe–
inspiring landscapes, shared history, and rich culture that make up America's national parks. The
centennial celebrates the achievements of the past 100 years, but it is really about the future. It's
about kicking off the second century of stewardship for America's national parks and for
communities across the nation.
This is the perfect moment to invite the next generation to explore their national parks and ensure
these treasures are loved and cared for into the next century. We all have a role to play in ensuring
that future generations of Americans will be ... Show more content on Helpwriting.net ...
From making a donation to the National Park Foundation to collecting National Park Service
commemorative coins, available through the United States Mint. We encourage everyone to engage
at every level; visiting, volunteering, giving and advocating.
This year we are also celebrating new partnerships. The National Park Service and the National Park
Foundation are working with partners across the country to celebrate the NPS Centennial and
deepen public engagement with national parks. This year a partnership with Blue Sky is allowing us
to shine a spotlight on giving opportunities. Blue Sky and the National Park Foundation are inviting
funders to join us in this historic national fundraising campaign.
To understand the critical needs across the national park system, the National Park Service and the
National Park Foundation worked together to identify priority programs and initiatives in need of
funding that will strengthen and shape the national parks for the next 100 years. Projects include
regional opportunities and large, national–level investments like wildlife conservation, trail
rehabilitation, and the 21stCentury Conservation Service

Consumerism In The Great Gatsby
Evidently, the roaring twenties was a period of many changes including the new ways of leading the
nation of The United States by president Calvin Coolidge whose first message to Congress was for
isolation in foreign policy, tax cuts and limited aid for farmers forcing many people move to cities
and live "the modern life" as they called it. As a result of the many technological advancements, and
the eagerness of people to have a normal life after The Great War, led many people to acquire
consumerism and greed attitudes. American consumerism increased during the 1920s due to
innovative ideas and inventions in the fields of communication, transportation and manufacturing.
For instance, automobile was the most significant consumer product of the 1920'S that even twenty
six and a half million cars existed one for every 4.6 people in the nation. This ... Show more content
on Helpwriting.net ...
Thus, the nation fell into a huge deal of consumerism lifestyle as a result of the governor's way of
ruling and making decision over society.
A–2. In the Great Gatsby it is demonstrated the kind of life style Gatsby, Nick and Daisy lived
which clearly reflects the kind of society structure during the 1920's. For instance, Nick was a very
wealthy man, "[His] family have been prominent, well to– do people in this middle– western city for
three generations(7), and his grandfather's brother started the family business of "wholesale
hardware"(7), and which Nick's father continues running. Many business during this decade were
very successful as people were strongly encouraged through media to buy

Why Did Farmers Express Discontent During 1870-1900 and...
Why did farmers express discontent during 1870–1900 and what impact did their attitudes and
actions have on national politics. Manufacturing hit a huge growth rate during this period which
cause agriculture to decline, and cause farmers to struggle to make a living. The farmers were now
being abused by the railroad companies and banks. The documents in DBQ 8 show rationality for
the farmer's protests, exclusively on bank mortgage tariffs and the gold standard. Two particular
groups became popular during this period and that would be the Grangers and the Populist Party.
Farmers fought against the Gold Standard, railroads, and industrialist during this period causing lots
of confrontation. Document G displays how much manufacturing ... Show more content on
Helpwriting.net ...
It was originally opposed by Northern manufacturers, who feared the loss of inexpensive labor; and
Southern slaveholders, who feared the development of free soil. It was intended to branch Western
immigration, but numerous frontiersmen would fail and arrive home. The Homestead Act provided
settlers with 160 acres of surveyed public land. By living on the property for five years and
improving it, a small fee would grant the settler the land. This served as a way to encourage the
development of the family farm and fill in the normally unoccupied region in the Great Plains in
which railroads facilitated this growth. Because of the severe environmental circumstances of the
Great Plain region, the Homestead Act turned out to be less effective than anticipated. Document B
talks about how it was also hard for colored farmers to make a living especially after the Civil War.
"They had to get the local merchant or someone else to supply the food for the family to eat while
the first crop was being made." (Document B) After the Civil War they didn't have much land and
many became homesteaders who were given 160 acres along with regulations they must follow.
Only 40% of the applicants actually completed the process and were given the extra land promised
for them completion of 160 acres. However many found it difficult to make profit off such little
amount of land during that time, for that was the reason most failed to finish

How To Get Rid Of A Penny Essay
Pennies Yay or Nay
Did you know that this year alone the United States Mint has spent more than $114 million to make
pennies? That's more than they spent on nickels and dimes which were $83.7 million and $72.3
million respectively. Every penny that the United States Mint makes costs 1.7 cents to make that
means America is losing money while it is making money.(Sparshott, 10) Getting rid of the penny is
the only way to make this problem go away. To do this we could round cash transactions up or
down, this is already present in Canada, New Zealand, and Australia. Even in America at gas
stations which have prices such as 3.19 9/10 or 2.99 9/10. These are remnants of when we had
money that was worth less than a penny. This is not the only time ... Show more content on
Helpwriting.net ...
They have the same system as Canada they round and it has no adverse effects. In an article Bob
Foessett gives an anecdote, "When I was a junior staff officer in Europe in 1978 to when I was a
mid–level officer there in 1988, all military branches used a system that worked extremely well for
our on–base large military department store, our small businesses, and our supermarkets. The
European–wide policy for on–base, U.S. transactions was this: If your transaction at any of these
facilities ended in anything from zero cents to 2 cents, you paid zero cents. For transactions ending
in 3 to 5 cents you paid the 5 cents." He goes on to say, "The solution we use there works well
because everyone understands the policy, it's simple, and it's much easier to deal with coins,
especially for the still many transactions people use cash for." This quote is just one example of how
getting rid of the penny is possible. We already do it there so why can't we do it here.(Foessett,

Comparing Thomas Jefferson And Alexander Hamilton
Imagine our government without the structure and aspects of our modern day. Well, this wouldn't
have emerged without the differing ideas from the brilliant minds of Thomas Jefferson and
Alexander Hamilton. They were both strong political leaders who shaped the country, Revolutionary
War heroes, lawyers, and served in the Continental Congress.However,from the beginning, the two
men harbored opposing visions of the nation's path. In George Washington's Farewell Address of
1796, the president warned that the creation of political parties, "sharpened by the spirit of revenge,"
would certainly lead to "formal and permanent despotism." Despite Washington's words, he didn't
know two of his closest advisors and cabinet members, would ultimately help form the dual party
system of the U.S. Furthermore, contrasting the two is not difficult, simply because of their stark
differences concerning each of the men's visions for America.
First, Thomas Jefferson was a very accomplished Democratic Republican, a strict viewer of the
Constitution, Washington's secretary of state and the third president that had great and different
perspective from Alexander Hamilton in terms for their views in the federal government.For
instance, Thomas Jefferson ... Show more content on Helpwriting.net ...
Both leaders opposed each other in terms of political philosophy including with democracy, the
economy, and the national bank however they provided a foundation for a strong modern
government. With Jefferson's idea, America has become a nation of freedom, democracy, and justice
for everyone and with Hamilton's achievements to our society, American has become a nation of
industry and economic power. Just like James Madison exclaimed "ambition must be made to
counteract ambition." It's our duty as the "well–educated electorate" to balance the two philosophies
into a maintainable federal government for the

Timor Persuasive Essay
Located between the Banda and Timor Sea, lies a small nation called Timor–Leste a.k.a. East Timor,
which is part of an island known as Timor. In 1520, the Portuguese were first settling into Timor; a
little before the year 1860, Portugal and Netherlands fought for the land of Timor but with an 1860
treaty, it divided Timor into West and East Timor. East Timor was given to the Portuguese while
West Timor belonged to the Netherlands. After 455 years of Portugal colonizing East Timor,
Portugal suddenly withdrew their rule which lead the island to be completely vulnerable. On July
7th, 1976, East Timor had declared their independence; but nine days later, Indonesia (West Timor),
invaded and annexed East Timor. Although many of the countries didn't ... Show more content on
Helpwriting.net ...
In 2001, when George W. Bush was president, he told the Speaker of the House of Representatives,
Dennis Hastert to report to Congress that on "March 2nd, 2001 [he] provided information regarding
the continued deployment of U.S. Armed Forces in support of East Timor's transition to
independence. During 1999, the East Timor fought for their independence after being ruled over by
Indonesia or also known as West Timor. After a year in sending the U.S. Forces on May 20th, 2002
East Timor was declared independent with the help of the United

The Kentucky Derby Fever
His racetrack was made of clay instead of the normal sandy substances. He also had his races ran
counterclockwise, other traditional races are ran. ( Katte pg 14–16 ) A difference constructed in
1895, were the spires were added to bring in more people and add glamour to the building. Joseph
Dominic Baldez was the head of construction for the building. (Chew pg 57–60) He constructed the
spires to add to the effect of beauty of Churchill Downs. He thought that Churchill Downs need a
more striking and visible appearance to catch the eyes of the people around it. The spires were a late
nineteenth century architecture that would be different from the normal Kentucky. The spires were
built to bring in a greater number of people by the different ... Show more content on
Helpwriting.net ...
The drink is called the Mint Julep. Those who have had it describe it as "Cool as Kentucky. Fresh as
a Spring." The Mint Julep is the official drink of the Kentucky Derby. Over 120,000 Mint Juleps are
sold and consumed during the time of people enter and finally leave the Kentucky Derby. During the
duration of the event, the 120,000 Mint Juleps requires ingredients by the thousands. A minimum of
ten thousand bottles of Old Forester Mint Julep are opened and put into the mixed drink. Added to
the Old Forester Mint Juleps, are over a thousand pounds of mint, to add add an emphasis on the
mint. To keep the drink cool, sixty thousand pounds, sometimes more, of ice are mixed in the Mint
Juleps to keep the Derby goers refreshed and coming back for more. (Chew page

Cabinet Battle 3 Essay
"Cabinet Battle 1", "Cabinet Battle 2" and "Cabinet Battle 3" are songs written for The Hamilton
Musical and are based on the life of Alexander Hamilton. These songs relate the discussions
between George Washington, Alexander Hamilton and Thomas Jefferson about different points of
view in relation to three themes, the national debt, the organization of the national bank, and the
proper course of foreign relations. Hamilton and Jefferson always had differences in criterion and
this generated controversy and discussions between both.
Hamilton understands that Jefferson was not present during part of the War of Independence because
he remained in Paris a long time; he left in 1784 and it was not until 1789 that returned and accuses
of not protecting the values of the American people. ... Show more content on Helpwriting.net ...
He also requested that the government imposed new taxes on the products that were imported. This
would bring greater benefits. For Hamilton if the national debt was well financed, this generated
confidence in the government and made sure that the bonds issued by the United States Government
represented a safe asset that could be used as a guarantee of agreements. Because of his position as
Secretary of the Treasure he got everything he wanted was approved.
Hamilton's idea about the organization of the national bank was to create a bank that maintained full
control of the money by creating a common currency for the United States and use this money to
finance the government. Another idea that Hamilton has was created a "United States Mint" whose
purpose was to cradle all the currencies of the country. Washington approved Hamilton's vision of
its banking model and in 1791 the First National Bank was created.
Jefferson was opposed to both

The Pros And Cons Of Alexander Hamilton
In regards to the redesign of the $10 bill to include a female figure, Alexander Hamilton would have
been one of the key people the U.S. would turn to for advice. If we were living in the time when
Hamilton was Treasury Secretary, perhaps he would suggest the designation of an entirely different
denomination of paper money for a woman in history. Being the visionary he was, his ideas often
existed outside the status quo –– with brilliant results.
But could we create a brand new denomination? And how? According to the Treasury Department,
printing special currency requires an official proposal, new printing plates and several hundreds of
thousands of dollars for additional printing and processing equipment, including the preparation of
changing both the ... Show more content on Helpwriting.net ...
The New York Times wrote in a Fourth of July editorial that it's a better idea to swap out Andrew
Jackson, an ineffectual president, who would be appalled his portrait graces paper money.
Hamilton, by contrast, designed the treasury system, not to mention the U.S. Mint. If anyone's
legacy has been linked to U.S. currency, it is Hamilton's ––– whose illustrious reputation as a
founding father of the United States and its banking systems was hard won.
Alexander Hamilton, a penniless, fatherless orphan from the Caribbean, through high intellect,
ambition and inherent ability to evoke action through brilliant essays, rose through the ranks first at
King's College (now Columbia College), then, the Revolutionary War to become George
Washington's most trusted aid. Always an early advocate for a federal, centralized government, his
ideas would eventually bind the young wayward nation together. As an author of the Federalist
Papers, he composed some of the most influential essays in American history, securing the need for
the Constitution of the United

The Price Of The Prices
Benjamin Franklin once said, "A penny saved is a penny earned." Unfortunately, that idea no longer
applies to modern society. There isn 't really much saving or earning with today 's penny. This is to
do with the rising high melt value that is branded with the currency. Essentially, producing the
penny costs more than what the penny is actually worth. The copper and zinc that are used to make
the coin are more valuable than its value as currency. The one–cent coin doesn't have the purchasing
power it once held. Americans still can't seem fathom the idea of life without the penny. A You.Gov
poll conducted in January of 2014 recently discovered that only 34 percent of U.S. citizens are in
favor of eliminating the penny. The other 51 percent of citizens are opposed to its retirement.
(YouGov.com) This becomes alarming when considering that the United States has already minted
nearly 92 billion pennies since the start of the millennium. With the production of 7 billion pennies
for 2013. "According to the U.S. mint, a penny costs 2.41 cents to produce. Given the pervious
figures, that means the government has spent roughly $169 million just to produce $70 million of
currency into circulation." (huffingtonpost.com). When the government is spending more money to
make the coin than it worth to the citizens, that creates an apparent problem for the economic
progress for America. This low value therefore gives the penny a perception as a waste of time. The
average wage for

Essay on Against United States Currency Mentioning God
"In God We Trust" should be removed from United States' currency. The mention of God, which is a
religious belief, misrepresents those United States citizens who do not hold this belief. In Source D,
Jon Murray, President of the non–profit organization American Atheists, argues that the motto "In
God We Trust" inscribed on the mint violates the Free Speech, Free Exercise, and Establishment
clauses of the First Amendment. It violates Free Speech by the inability to erase or eliminate the
inscription by making it illegal by criminal law that "[w]hoever fraudulently alters, defaces,
mutilates, impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the mints of the
United States' shall be fined under this title or ... Show more content on Helpwriting.net ...
R. Watkinson to Secretary Chase that in order to avoid becoming a ?heathen nation? they would put
their Christian God, as Watkinson stresses, onto the mint. Approximately 8 years later, the Coinage
Act was passed and it became required that all coins had this national motto on it, Source A. This
goes hand–in–hand with the theory that the United States was formed as a Christian nation. Many
theorists claim that being a Christian nation was the original intention of the founding fathers who
were, according to them, all Christians themselves, Source F. If that is the case, then God really is a
part of our ?national heritage?, as Judge Frank Damrell decided in the ?In God We Trust? Lawsuit
imposed by Newdow. The most prominent piece of evidence for those that believe that this is not a
Christian nation is Article 11 of the Treaty of Tripoli which states, ??the Government of the United
States of America is not, in any sense, founded on the Christian religion?? Source J. This treaty was
read aloud to the entire Senate in 1797 and was unanimously approved. President John Adams
announced it to the people and it was published in 3 well–know newspapers. According to Ed
Buckner, Ph. D, in his speech ?Does the 1796–97 Treaty with Tripoli Matter to Church/ State
Separation??, there was no record of protest to the articles within the treaty, Source G. It went
without question, in this case, that the government held no religion whatsoever.

Lincoln Penny Research Paper
The Lincoln Penny Throughout the course of American history, many things have come and gone,
but one of the few things that remains is the Lincoln penny. There have been multiple changes such
as materials, design, and cost of the penny due to different circumstances. Initially, Victor D.
Benner, the designer of the penny, had his initials printed on the right side, below the date. However,
after numerous complaints of the initials being too large and "detracting from the overall design of
the penny," the government had to make a change. New pennies were created with his initials
printed much smaller, and now pennies made in 1909 are very rare and valuable. After this change
occurred, Americans felt as though the mint had actually listened

How To Make A Penny Essay
The Penny No Longer Makes Sense The penny is the smallest coin in the United States monetary
system based on both size and worth. It was made legal tender in 1864 and, in 1909 the image was
changed to depict and honor President Abraham Lincoln. The penny has since outlived its usefulness
and is now costing the treasury more than it is worth. Along with the rising cost of the penny, it also
costs the world time, which is spent searching for pennies. The penny itself, cannot be used to buy
goods alone. Since the imposition of the penny, the world has changed and the penny is now
outdated and no longer useful. The rising cost to produce the penny has risen and it now costs more
money to make the penny that it is worth. In a 2014, report by the U.S. treasury, it listed the cost of
penny production as 1.7 cents per penny. With a worth of only 1 cent, it costs almost double what it
is worth to make the penny. The United States minted 8 billion pennies in 2014, costing about 132
million dollars for only about 50 million dollars in circulating, useable currency. With the raw
materials worth more than the penny itself, people have begun to melt pennies down to sell them.
With the diminutive worth of a penny, it no longer makes sense to produce them. Currently, the ...
Show more content on Helpwriting.net ...
Around the world, countries have taken notice of the hassle of pennies. In 2012, the Canadian
government decided that it would begin to phase out the penny, in an effort to save precious funds
during the tough financial times. Also, in 1857, the United States phased out the half cent finding
that it was no longer useful. In 2016, almost 200 years since then, times have again changed, and the
penny is no longer useful to us. It is time to ask ourselves why we keep this useless commodity
around when it takes both time and money from us. It is time to ditch the penny and reap the
benefits of its

The Similarities And Differences Between The Monetary And...
The Similarities and Differences between the Monetary and Banking Systems of Japan and the
United States of America
Currency in America
The first Colonial currency was issued in 1690 by the Massachusetts Bay Colony, while America
was under British rule. Other colonies began to issue their own paper currency, and use of the
denominated in Spanish Milled Dollars, Colonial notes were also denominated in British shillings,
pounds, and pence. In 1764, the British declared Colonial currency illegal. The Continental
Congress in 1775 issued currency to help finance the Revolutionary War with notes were called
"Continentals," that had no silver or gold in value. The Continentals were backed by the
"anticipation" of tax revenues, were easily ... Show more content on Helpwriting.net ...
In June 1776, the Continental Congress authorizes issuance of the $2 denominations in "bills of
credit" for the defense of America. When the world newest nation coins were introduced, there was
a few years of transitional period before foreign coins were officially no longer recognized as legal
tender. The U.S. was experiencing a shortage of silver and gold; both vital at the time for coin
production. The alternative to get around the shortage for government to declare Spanish coins
would indefinitely be legally recognized even though it was a foreign currency. By the mid 1800s,
the Californian Gold Rush produced a swift influx of gold, allowing the Spanish coin to be revoked.
The U.S. Mint released the Sacagawea dollar coin to commemorate a native woman by the same
name. Historically popular, Sacagawea had joined Lewis and Clark on their expedition as their
guide. Together they explored massive amounts of unknown territory in the Western States. The
Sacagawea history coin named after her is a gold colored coin released alternatingly between 2000
to the present.
Civil War was in need of financing; which Congress authorizes the U.S. Department of the Treasury
to issue non–interest–bearing Demand Notes. These notes earn the nickname "greenbacks" because
of their color. All U.S. currency issued since 1861 remains valid and redeemable at full face value.
The first $10 notes are Demand Notes, featuring President

The First Colonial Currency By The Massachusetts Bay Colony

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