The Birth of the US Dollar

Thomas Jefferson Act of Congress Signed as Secretary of State, January 14th, 1793,

Second Congress of the USA (1743-1826)

As Secretary of State, Thomas Jefferson amended a earlier Act, “establishing a Mint and regulating the Cash of the USA,” establishing the copper weight specs for the primary US cash issued in 1793 – the Cent and Half Cent. This can be a doc from our assortment on the Financial System of the World, establishes the beginning of the US greenback authorizing the primary problem of the coinage of the USA. It’s distinctive and of large historic significance.

The primary copper cash created by the brand new United States of America had been launched into circulation in March of 1793. This doc is signed “Th’ Jefferson” as Secretary of State and countersigned (in kind) by George Washington as President, John Adams as Vice President and President of the Senate, and Jonathan Trumbull as Speaker of the Home of Representatives.

“Second Congress of the USA: On the Second Session, begun and held on the Metropolis of Philadelphia, within the state of Pennsylvania, on Monday, the fifth of November, one thousand seven hundred and ninety-two. An act establishing a Mint, and regulating the cash of the USA, as far as respects the Coinage of Copper.”

“Be it enacted by the Senate and Home of Representatives of the USA of America in Congress assembled, That each cent shall comprise 200 and eight grains of copper, and each half cent shall comprise 100 and 4 grains of copper; and that a lot of the act ‘An act establishing a mint, and regulating the cash of the USA,’ as respects the load of cents and half cents, shall be, and the identical is hereby repealed…. Authorized January fourteenth 1793…”