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dimaraw [331]
3 years ago
14

What did the United States treasury create when the legal tender act was passed in 1862

History
2 answers:
zloy xaker [14]3 years ago
8 0
The U.S.<span> Congress </span>passes<span> the </span>Legal Tender Act<span>, authorizing the use of paper notes to pay the government's bills. ... The </span>Legal Tender Act<span> allowed the government to print $150 million in paper money that was not backed by a similar amount of gold and silver.</span>
Sladkaya [172]3 years ago
7 0

It established a common national currency

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