Knowledge

/

ArcaMax

How much counterfeiting went on during the Civil War?

on

Published in Daily Trivia

By the end of the Civil War, between one-third and one-half of all U.S. paper currency in circulation was counterfeit. This served as the catalyst behind the creation of the U.S. Secret Service. On July 5, 1865, the Secret Service was created under the U.S. Treasury Department. In less than a decade, counterfeiting was sharply reduced.

 


 

Comments

blog comments powered by Disqus

 

Related Channels

Danny Seo

EcoTips

By Danny Seo
Rob Kyff

The Word Guy

By Rob Kyff

Comics

The Argyle Sweater Christopher Weyant Baby Blues Chip Bok Andy Capp Adam Zyglis