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In the second instance, the newest Government Set-aside urban centers your order for released money from the newest U.S. Treasury Service.72 The new Treasury Service, in turn, delivers such needs on the Bureau from Engraving and you will Print (to help you print the brand new dollar bills) and also the Bureau of your own Perfect (so you can stamp the new gold coins). Report money is actually granted once more inside the 1862 with no support from gold and silver coins considering the Municipal War. And Treasury Notes, Congress within the 1861 authorized the brand new Treasury so you can borrow $50 million in the form of Request Notes, which didn’t incur focus but can getting used to your consult to possess gold and silver coins. But not, by December 1861, the fresh Partnership government’s source of specie are outstripped because of the interest in redemption and was forced to suspend redemption briefly.
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