GREENBACKS

notes i ned by the n}| United States Government, during the n| Civil War in 1862-5, to the amount of a | 450,000,000 dollars. Some of these were if | withdrawn at the end of the war, but the hb | enormous i uc had so inflated prices that a| further withdrawal = and s n| political party was f to keep up "| prices. Greenbacks were so called from e}| the colour in which the back was — ©} On ist epi 1879, they were convertible into coin, specie payments ti} being then ena [s. 161]