Currency
U.S. Issues Shanghai Stamps
On May 24, 1919, the U.S. issued stamps for use in Shanghai, China.
Establishment of the U.S. Mint
On April 2, 1792, Congress passed the Coinage Act, also known as the Mint Act, which among other things, created the United States Mint.
First Paper Money Issued in America
On February 3, 1690, the Massachusetts Bay Colony issued the first paper money in America.
Birth of Paul Revere
Paul Revere was born on January 1, 1735, according to the modern calendar (December 21, 1734 by the Old Style calendar) in the North End of Boston.
Federal Reserve Established
On December 23, 1913, President Woodrow Wilson signed the Federal Reserve Act, establishing America’s current central banking system.
“In God We Trust” Made Official U.S. Motto
Although it had appeared on American coins for 92 years, “In God We Trust” didn’t become America’s official motto until July 30, 1956.
Department of State Established
On July 27, 1789, the Department of Foreign Affairs was created, which was later renamed the Department of State. When the U.S. Constitution was ratified in 1788, it specified that the President would be responsible for the country’s foreign relations. President George Washington soon realized he’d need help and requested the creation of a new executive department to help handle foreign affairs.