FIRST USE OF PAPER MONEY IN AMERICA ~ ON THIS DATE IN 1690

dollar-sign main
first-paper-money-bill-of-credit

In the early 1690s, the Massachusetts Bay Colony was the first of the Thirteen
Colonies to issue permanently circulating banknotes. The currency was used
to pay soldiers that were in the  war against Quebec.

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posted by Bob Karm in ANNIVERSARY,HISTORY,MILITARY,WAR and have Comment (1)