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A Brief History of American Paper Money, with emphasis on Georgist Perspectives

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The Greenback Party -   The Issue of Bimetalism and Money Creation, Henry George - Reprinted from The Standard, 21 December, 1889,  

"The Lost Science of Money" -- Zarlenga, Stephen; Published by The American Monetary Institute

"The Declaration of Independence and the United States Constitution" -- Georgetown University Press (Note: capitalizations are as provided in the original documents)

United States note entry in Wikipedia -

"Unruly Americans and the origins of the constitution," Holton, Woody

[2] click hereben-franklin-and-paper-money-economy.pdf  

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[3] Pg, 368, The Lost Science of Money

[4] Pg. 370, The Lost Science of Money

[5] Pg. 375, The Lost Science of Money

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[6] Pg. 378, The Lost Science of Money

[7] Pg. 380, The Lost Science of Money

[8] Lincoln's Populist Sovereignty: Public Finance Of, By, and For the People,

[10] This writer has argued elsewhere that gold and silver, when used simply as a store of value, as in gold bars, should be taxed, like other forms of Land, under a Georgist paradigm, since gold and silver are two of very few metals that never rust, degrade or age.  The amount of wasted human and natural resources used simply to store gold and silver bullion, plus the under-taxed pollution costs of this intensely polluting industry, makes it something that should be paid for by those who operate it.   George said: "We have deliberately substituted a costly currency for a cheap currency; we have deliberately added to the cost of paying off the public debt" We are digging silver out of certain holes in the ground in Nevada and Colorado and poking it down other holes in the ground in Washington, New York, and San Francisco." (Soc Problems, pg. 168)

[11] Natelson, The Coinage Clause in the Constitution.  

[12] U.S. Supreme Court Center -- Legal Tender Cases, - 110 U.S. 421 (1884) -- Julliard vs. Greenman

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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:

Scott is President of Common Ground-NYC (, a Geoist/Georgist activist group. He has written dozens (more...)

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Every Federal Reserve Note printed and in circulat... by Lance Ciepiela on Friday, Oct 12, 2012 at 2:56:54 PM
It is known among those who are paying attention t... by Dennis Kaiser on Saturday, Oct 13, 2012 at 6:55:21 AM
when we all continuously create our own money ever... by David Chester on Sunday, Oct 14, 2012 at 9:46:17 AM
Yes, after we fix the monetary system, we also hav... by Scott Baker on Sunday, Oct 14, 2012 at 6:59:14 PM
Which is that we cannot fix the money system unles... by David Chester on Monday, Oct 15, 2012 at 5:35:23 AM
Note what George had to say about Gold as the basi... by Scott Baker on Monday, Oct 15, 2012 at 11:41:42 AM
Scott, after a long quote from George you finally ... by David Chester on Tuesday, Oct 16, 2012 at 5:28:01 AM
Too often we deal with SYMPTOMS of our problems, r... by Rudy Avizius on Monday, Oct 15, 2012 at 2:10:29 PM