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Thread: Secret Service created to investigate

  1. #1

    Secret Service created to investigate

    crimes against the financial infrastructure of the United States.
    During the early to mid-1800s, roughly a third of American money was counterfeit. The solution was something similar to today’s approach to large scale problems — form a commission. On the urging of Secretary of the Treasury Hugh McCulloch, Lincoln did exactly that. The conclusion was to form a federal law enforcement division (at the time, there was no FBI), the “Secret Service of Division of the Department of the Treasury.” That Division was born just hours before John Wilkes Booth fatally shot the President.

    The Service’s mission still includes “investigations into crimes against the financial infrastructure of the United States.”

    http://nowiknow.com/abraham-lincoln-created-the-secret-service-the-day-he-was-shot/

  2. #2
    Wow, that's pretty interesting. You probably already know that banks printed their own currencies, so you could have a $10 bill from the Bank of Cleveland and a $10 bill from the Bank of Atlanta.

    Hardly any wonder, I suppose, that people counterfeited their own money. Seems it would have been very difficult to tell.

    You do not answer to God. You answer to men who answer to AI.

  3. #3
    The art on currencies is always interesting.
    You do not answer to God. You answer to men who answer to AI.

  4. #4
    at the time, and still holds true today, counterfitting script is hardly inflationatory at all.
    do the math. tell us all how you could get 5% more " in use ".
    its just a way for the fed to propagate their useless importance
    its akin to trying to lead a horse by holding a carrot near its butt..........it just aint gonna work

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