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~ Token Thursday... Post some Exonumia ~

BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
1837 Illustrious Predecessor HT-34 / Low 20 - "Executive Financiering"" was a stab at Andrew Jackson's earlier campaign against the Bank of the United States. By 1837 the bank was defunct, its assets having been disposed of, and many of its branch offices having been taken over by state banks. The late president of the institution, Nicholas Biddle, formed the Bank of the United States of Pennsylvania, but conveniently left "of Pennsylvania" off of certain of its printed materials, giving the impression that it somehow had an official status. Biddle's new institution became well known for issuing high denomination notes of $1,000 or more. Various types of fraud and deceit were engaged in, and the institution collapsed, and Biddle was disgraced.

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To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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