Where is 1776 on the dollar bill

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Description By the time they broke with England, the thirteen American colonies had been issuing paper currency for nearly a century. Both they and the loose central government they set up under the Articles of Confederation to oversee matters of common concern would continue to do so throughout the War of Independence.

Printed by Hall and Sellers of Philadelphia. Box 1. Collection processed by Benjamin Johnson, August Encoded by Benjamin Johnson, August Note: enter only one keyword. For the most targeted highlighting, choose the least common term, i. Colonial governments sometimes issued paper money to facilitate economic activity. During the American Revolution, the colonies became independent states; freed from British monetary regulations, they issued paper money to pay for military expenses.

The Continental Congress also issued paper money during the Revolution, known as Continental currency, to fund the war effort. One by one, colonies began to issue their own paper money to serve as a convenient medium of exchange. In , the Province of Massachusetts Bay created "the first authorized paper money issued by any government in the Western World. Other colonies followed the example of Massachusetts Bay by issuing their own paper currency in subsequent military conflicts.

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