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Fremont Journal in Fremont, Ohio

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Newspaper

Fremont Journal

Location

Fremont, Ohio, United States of America

Date

Dec 20, 1861

Page

7

Financial Plan for Union War Debt and Currency Reform

The document outlines federal aims for a national loan system totaling about 420 million dollars, Treasury notes, and a currency plan to replace bank notes with United States notes. It discusses revenue projections, deficits, and the goal to redeem the debt within thirty years. It cautions against an unchecked bank-note system and weighs two plans for a stable currency with emphasis on coin redemption and public confidence.

Congress Joann Tonow Treasury Europe United States Het To Isu Treasury New York Philadelphia Boston Banka Aod Inet Spcratory Enya Renela Lenet Es Royal Aioh UNION Tina Mint Denver City Colorado Ex- Fating Bank Fiat United States Bonds Mazanos United Simian Dillon

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