Posted on 06/17/2015 5:55:51 PM PDT by 11th_VA
Secretary of the Treasury Jack Lew is set to announce on Thursday that the Bureau of Engraving and Printing will remove Alexander Hamilton from the ten dollar bill, in favor of a woman.
The change could happen as soon as 2020.
The announcement came via Nancy Lindborg, president of the US Institute of Peace, who tweeted out the news....
...The choice to replace Hamilton on the $10 bill as opposed to President Jackson on the $20 bill is a curious one.
There were clear reasons to replace Jackson on the bill. Jackson has long been reputed as a deeply flawed character, who owned hundreds of slaves, executed American soldiers for desertion, and, most heinously, oversaw the relocation of native American tribes from lands promised in previous treaties.
The "Trail of Tears," as it has become known, resulted in the deaths of more than 4,000 Cherokee alone. Choctaw, Chickasaw, Muscogee, Seminole, and other tribes were also forcibly removed.
The reasoning behind the removal of Hamilton is less clear.
As a founding father of the United States and the first Secretary of the Treasury, Alexander Hamilton is hardly the controversial figure that Jackson was. In addition, Hamilton is the architect of the early American financial system, having established a national bank, a system of tariffs, friendly trade relations with Britain, and assumed states' debts to solidify the nascent union.
The debate over who should replace Hamilton is far from settled. Lindborg invited people to sound off on Twitter with the hashtag #TheNewTen.
(Excerpt) Read more at businessinsider.com ...
Without a doubt, there are many people who added something positive to the nation’s history. Personally, I’d prefer the faces of our Founding Fathers remain on our bills, even though I’m a woman myself. Otherwise, the faces could change along with the political climate.
Well, soon enough, the paper currency will mean nothing, anyway. (It’s not like there’s gold to back it up.) ;-)
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