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

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Moore

1 January, 01:10

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

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Greyson Clark · Answer 1

The U. S. Congress passes the Legal Tender Act, authorizing the use of paper notes to pay the government's bills ... The Legal Tender Act allowed the government to print $150 million in paper money that was not backed by a similar amount of gold and silver.