Tell us something we don't know....

[deemus]

We are talking about actual, national bank notes here, not Schrute Bucks or Canadian Tire money, right? Your claim was that money issued by local, territorial or state banks was not accepted nationwide. Which is false.

Holy de-railed thread Batman!

 

[avvidclif]

Hmmmm seems one has knowledge passed down from his Dad and the other has internet knowledge. Guess which one I believe.

 

[benenglish]

Gentlemen, I believe a bit cooler tone is in order.

 

[SloppyShooter]

Daddy always said: "If it's on the internet ,it must be true."

 

[Dinoble1]

Quoting YOU:

"Paper currency in the form of banknotes was issued by privately owned banks; the notes being redeemable for specie at the bank's office. They were not legal tender. Such notes had value only if the bank could be counted on to redeem them. If a bank failed, its notes became worthless."

This was common in the 1800's, this money was not good outside of the locale where it was issued, trains that ran across the US would not accept it local monies.. Just like my frequent flier miles are not good on other airlines OTHER than those that have a bilateral agreement.


Researching the History of Currency in the US, currency issued by states was generally accepted in other states, however, mostly at a discount which could be as much as 40 % or more depending on distance.


Sent from my iPad using Tapatalk

 

[Brains]

Gentlemen, I believe a bit cooler tone is in order.

No way, this is better than Netflix! :P

 

[Charlie]

Subscribed!

 

[BRD@66]

IBTL with more important stuff:
Did you know that you can still buy a steering wheel spinner knob at AutoZone?

 

[BRD@66]

Some of you may already know this:
The latest survey shows that three out of four people make up 75% of the population.

 

[BRD@66]

♪ In the 2 yrs 1969-70, CCR had 7 hits reach #2 - never had a number one.

 

[Inspector43]

Is that a know-it-all statement?

Just a fun statement from a sarcastic person who can also claim that everything he owns is paid for.

 

[deemus]

Mickey Dolenz of the Monkies did not know how to play the drums when they hired him. The show was a big success, so they planned a tour, and by the time the tour came around he had gotten good enough to play the drums on tour.

 

[TxStetson]

I think I'll just add a "know-it-all" to my ignored list.

Not sure which one you mean.

 

[Charlie]

IBTL with more important stuff:
Did you know that you can still buy a steering wheel spinner knob at AutoZone?

I thought they were outlawed at one time. Could have been a city ordnance.

 

[easy rider]

Some of you may already know this:
The latest survey shows that three out of four people make up 75% of the population.

I'm going to have to call BS on that!

 

[Charlie]

Better get your calculator out on that one!

 

[Kar98]

IBTL with more important stuff:
Did you know that you can still buy a steering wheel spinner knob at AutoZone?

Confirmed :P

 

[Brains]

Al Gore didn't invent the internet, I did!
-- George Washington

 

[deemus]

Al Gore didn't invent the internet, I did!
-- George Washington

George Washington is the debil!

 

[avvidclif]

Not sure which one you mean.

Multiple choice on the current thread but is isn't the Old one.