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To: LS
"but clearly you know it all."

That's an amusing bit of irony.

"Feel free to continue posting your little newspaper articles and US government nonsense. "

Ah, the good old the Genetic Fallacy. A favorite rhetorical tool of those who skipped logic.

"I suspect--again, since you don't know the history--that the person who wrote the US government website, probably a MA with a degree in European history--conflated Greenbacks with national bank notes.

I doubt that. The author was probably familiar with material like Heath's Infallible Counterfeit Detector at Sight Review

and the 1872 memoir of the first years of the Secret Service.

Memoirs of the United States Secret Service By George Pickering Burnham

The memoir describes counterfeiters pursued and the bank notes that they had been faking. The first 175 pages out of 400 include Pete McCartney who was caught with $60,000 in bogus notes and a set of $5 plates on National western banks. Bill Gurney who counterfeited $20 National Shoe and Leather Bank of NY notes, Fishkill Bank notes, and the Newburgh National $10. William Brockway who counterfeited $5 New Haven Bank notes, $5 North River Bank notes and $2 NY State Bank notes. Lame Sam Brown who dealt in fake National Bank Of Newburgh notes. And so on.

71 posted on 02/12/2016 7:15:14 PM PST by Pelham (Mullah Barack Obama and the Jihad against America)
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To: Pelham

You keep showing your ignorance. Half the bank’s you list are not national banks (New Haven, North River, Fishkill) Gee, that’s a problem.

ONLY national banks could print notes.

But, to humor you I checked a half dozen of the top histories of banking in the era. Not ONE described counterfeiting as a problem. Indeed, it was so NOT a problem that Bray Hammond’s famous Banks and Politics has 2 index references to counterfeiting-—one in the 1780s ( before there were banks except the Bank of North America) and a second index reference that doesn’t even contain the word on tha page cited.

So, you can keep posting all you want but I’m done. You DON’T know what you’re talking about, DON’T know the difference between a Greenback and a National Bank note, DON’T seem to know th difference between banks that could, and could not print money, DON’T get that hundreds of bank records, bankers diaries and internal memos not ONCE saw counterfeiting as a problem, and didn’t even know that clearing houses cleared every night.

Back to school for you.


72 posted on 02/12/2016 7:42:56 PM PST by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually" (Hendrix))
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