Title
Why Don't They?
Subject
Economy
Description
The U.S. government was strapped for cash during the Civil War, and issued paper money or "greenbacks," taking the United States off the gold standard. The bills were discounted and devalued, as wartime inflation drove real prices higher. The Washington Statesman has editorialized in the past about the unfairness of paying U.S. military personnel with greenbacks, at par.
Abstract
The Washington Statesman editor asks why local Walla Walla merchants don't standardize their discounting of greenbacks, as the merchants in Portland and San Francisco.
Source
Washington Statesman
Publisher
Walla Walla W.T.: R.R. and S.G. Rees
Date Issued
1864-03-19
Medium
Web
Type
article
Bibliographic Citation
Vol. III, No. 14, p. 2, col. E
Spatial Coverage
Walla Walla; Walla Walla
Provenance
Washington Secretary of State: Historic Newspapers
URL
http://sos.wa.gov/history/newspapers.aspx
Start Page
2
End Page
2