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From the latter case, the fresh Federal Put aside urban centers your order to have posted funds from the new You.S. Treasury Agency.72 The brand new Treasury Service, subsequently, sends such desires for the Bureau of Engraving and you may Print (in order to printing the new dollars debts) as well as the Bureau of your own Perfect (to stamp the brand new gold coins). Paper currency are awarded once again inside the 1862 without having any support of gold and silver because of the Municipal Combat. As well as Treasury Notes, Congress inside the 1861 signed up the newest Treasury so you can acquire $50 million when it comes to Consult Cards, which did not bear attention but can become redeemed to the consult to own gold and silver coins. However, from the December 1861, the brand new Connection government’s source of specie are outstripped from the interest in redemption and they were forced to suspend redemption temporarily.

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