Here's An Interesting Fact
By Alice Henry
@IreneVincent (15960)
United States
September 29, 2016 2:15pm CST
Here’s an interesting fact I came across today while I was reading something in an old magazine.
You’ve heard me say a dozen times that I’m trying to clean out my Home Office and today I started looking through a box of old magazines that I had kept for who knows what reason.
Anyway, I decided to glance through them to see if there was anything that I might want to save: a recipe or maybe a bit of information I could use as a “thought starter.”
So, here’s what I learned. According to the Associated Press: “The first PAPER money in America was issued in 1690 by the colony of Massachusetts. (The currency was used to pay soldiers fighting a war against Quebec.)”
I didn’t realize that PAPER money was used way back then. Did YOU?
4 people like this
5 responses
@IreneVincent (15960)
• United States
30 Sep 16
So paper money in the USA has been around a long time. I don't know about other countries, though.
And the paper money here has been counterfeited so much, that the government is constantly changing the design on the money.
I've heard it said that paper money is printed 24 hours a day and still can't keep up with the demand. Banks turn in damaged bills for replacement on a constant basis and the printers just can't keep up.
Also, paper money is VERY dirty. Did you read my post on that. YUK!
@teenspirit (1596)
• Israel
30 Sep 16
@IreneVincent yes, i read your post and i think its vey interesting because i never thought that its so complecated all the paper money....i cant think so?
1 person likes this
@acelawrites (19272)
• Philippines
29 Sep 16
That was interesting!I thought they used coins during the olden days.
1 person likes this
@JohnRoberts (109841)
• Los Angeles, California
29 Sep 16
Somehow I think script was a means to rip them off rather than paying in coin of gold or silver.
1 person likes this
@IreneVincent (15960)
• United States
30 Sep 16
It probably could have been.
In the Civil War, if the Confederate men were paid with Confederate money, it was not worth anything when the war ended.
@AutumnSnow (4583)
•
29 Sep 16
That is interesting. Sometimes you never know what you'll discover going through stuff. I remember when it came time to go through my grandmother's belongings after she had passed away. I found some interesting paper's about our Indian hertiage that I had no idea about. I'd love to find a way to perserve it and research further about it.
1 person likes this
@IreneVincent (15960)
• United States
29 Sep 16
Oh, that would really be interesting information. I have some Indian ancestry that I know nothing about.
