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" Confusion worse confounded was the order of the day. Exchanges upon Philadelphia, New York and Boston, when procurable, rated all the way from one to ten and fifteen per cent, premium according to the locality. Notes were printed upon every variety of... "
Annual Report of the Comptroller of the Currency to the ... Session of the ... - Page i
by United States. Office of the Comptroller of the Currency - 1940
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Jay Cooke, Financier of the Civil War, Volume 1

Ellis Paxson Oberholtzer - United States - 1907 - 740 pages
...procurable, rated all the way from one to ten and fifteen per cent, premium according to the locality. Notes were printed upon every variety of paper and...and it was impossible for any one but those skilled in handling money in vast quantities to detect the innumerable counterfeits and altered notes which...
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The History of the First National Bank in the United States: A History of ...

Banks and banking - 1913 - 220 pages
...the day. Eastern exchange, when procurable at all, rated all the way from 1 to 1 5 per cent premium. Notes were printed upon every variety of paper, and no two banks issued bills of similar appearance. Generally, bank notes current in one State were not current in other States. The banks were breaking...
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The Money Men: Capitalism, Democracy, and the Hundred Years' War Over the ...

H. W. Brands - Biography & Autobiography - 2006 - 256 pages
...but by no means all. Cooke, who had grown up with state banks, fully appreciated their deficiencies. "Notes were printed upon every variety of paper, and...no two banks issued bills of similar appearance," he said. "It was generally the case that bank notes current in one state could not be circulated in...
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