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To market the newest flow out of gold for the Treasury and sustain the credit of your authorities, the newest notes could not be used to spend society requirements otherwise focus for the federal debt. Gold certificates, representing gold coins held myself from the Treasury, was rather delivered to those aim. The new cards, while the legal tender for some intentions, have been the brand new dominant paper currency until 1879 but have been approved during the an economy in comparison to the silver certificates.
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