Demand Note
Introduction of a Wikipedia article.
Complete article: http://en.wikipedia.org/wiki/Demand_Note
A
Demand
Note
is
a
ty
of
United
States
paper
money
that
was
is
between
Augu
1861
and
Apr
1862
during
the
Ame
Civil
War
in
denominations
of
5,
10,
and
20
dollar
Demand
Notes
were
the
first
type
of
pa
money
issu
by
the
United
States
in
the
se
that
th
were
the
first
in
the
series
of
emis
which
has
conti
achieved
wide
circulation
down
to
the
present
day.
The
U.S.
government
pl
the
Demand
Notes
into
circulation
by
using
them
to
pay
expenses
inc
during
the
Civil
War
including
the
salar
of
its
workers
and
military
personne
Bec
of
the
distinctive
gre
ink
on
their
reverse,
and
because
state-chartered
ba
and
Confederate
notes
of
the
day
typically
had
blank
rev
the
Dem
No
were
nicknamed
"greenbacks",
a
name
later
inherited
by
Leg
Tender
and
Fede
Reserve
Notes.
The
obverse
of
the
Demand
Notes
contained
familiar
elements
such
as
the
images
of
a
Bald
Eagl
Ab
Li
and
Alexander
Hami
however
the
portraits
us
on
Demand
Notes
are
different
th
the
ones
seen
on
U.S.
currency
tod
When
Demand
No
were
discontinued,
their
successors,
the
Legal
Tend
No
could
not
be
used
to
pay
import
duties
-
a
large
part
of
the
U.S.
federal
tax
ba
at
the
ti
-
and
thus
De
Notes
took
precedence.
As
a
result,
most
Dem
Not
we
redeemed,
tho
the
few
remaining
Dema
Notes
are
the
oldest
valid
currency
in
the
United
States
tod
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