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Thursday, December 30, 2010

30 December 1861: Monday

Union government
The U. S. government, as well as banks in some of the major cities, suspend specie payment. This suspension (meaning no gold or silver will be given out when paper money is presented at the bank) will last until 1879.

Bibliography
The Civil War Day By Day: An Almanac 1861-1865. E.B. Long with Barbara Long, De Capo, 1971

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