The Fifth Confederation Congress passes the Coinage Act of 1785:
- Adopting the silver Dollar at par value with the Spanish Milled Dollar; and
- For the first time in history, establishing a decimal coinage system.
[added 7/17/2026]
Subsequent Events:
Authority:
Articles of Confederation, Article IX [Section 4]
ccc-2point0.com/Articles-of-Confederation
References:
U.S. Banking Timeline
www.libertyforlife.com,banking,currency-us-timeline.html
Current U.s. National Debt:
