The Parliament, of the United Kingdom, passes the Bank Charter Act, giving the central Bank of England a monopoly on the right to issue bank notes (Bills of Credit).
[added 9/12/2026]
Subsequent Events:
Authority:
Jack Weatherford, The History of Money: From Sandstone to Cyberspace, (New York: Three Rivers Press, 1997), 158.
References:
“Uncle Sam’s Flag of 37 Stars,” by Tom Caldwell and Jim Lorenz
ccc-2point0.com/uncle-sams-flag-of-37-stars/
Current U.s. National Debt:
