Permanent historical factsheet

Legal Tender Act

United States of America · Government / Republican Party Government. Chronological records rendered directly from the World History Database.

2Records
1862Date range
2Named people
2Places

Chronological records

1862

Salmon Portland Chase25 February 1862

Washington · Government / Republican Party Government

The Legal Tender Act authorises non-convertible greenbacks to finance the Civil War, creating a paper currency that circulates separately from gold.

Abraham Lincoln2 1862

Washington DC · Government / Republican Party Government

Lincoln signs the Legal Tender Act authorizing United States notes

Names involved

Abraham LincolnSalmon Portland Chase

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.