On the record
They have depreciated almost from the date of their issue, at one time being worth only forty cents in gold, and to-day only worth ninety cents.
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gutenberg.orgThey have depreciated almost from the date of their issue, at one time being worth only forty cents in gold, and to-day only worth ninety cents.
Sherman illustrates the depreciation of U.S. notes since their issuance, providing a stark comparison to their value in gold.
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