Be imitators of God, as beloved children. And walk in love. – Ephesians 5:1-2
Today is Paper Money Day. Celebrated every March 10, it commemorates the nation’s longest-running paper currency. On this day in 1862, the U.S. issued its first paper money from $5 up to $1,000 notes. Paper money had previously existed, the first having been printed Massachusetts in 1690 to fund the military during King William’s War. These notes were structured as a bill of credit as opposed to actual currency. Congress tried to replicate paper notes on a wider scale in 1775, but it was not effective due to rapid inflation. Paper currency reemerged in the early 1860s. The legal tender known as United States Notes became authorized as federal currency by the First Legal Tender Act which President Abraham Lincoln signed in February of 1862.
As the Lord leads, pray with us…
- For the secretary and officials within the Department of Treasury as they oversee the nation’s financial systems.
- For Director Leonard Olijar to look to the Lord for wisdom as he heads the Bureau of Engraving and Printing.
