Treasury Sec. to announce Harriet Tubman will replace Jackson on the $20 bill (user search)
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  Treasury Sec. to announce Harriet Tubman will replace Jackson on the $20 bill (search mode)
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Author Topic: Treasury Sec. to announce Harriet Tubman will replace Jackson on the $20 bill  (Read 5936 times)
True Federalist (진정한 연방 주의자)
Ernest
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« on: April 21, 2016, 06:31:44 AM »

Yes, this is the best choice.

Jackson hated money and the federal banking system, being on the $20 was probably a best-served-cold, banks have the last word insult to him, so it's good to take him off it. And his actions with the Trail of Tears aren't exactly popular.

Jackson's anti-bankism is exaggerated. His fight over the Bank of the United States was initially about how it was organized and operated rather than getting rid of it. In the resulting Bank War he moved to a more absolute anti-bank position because he became convinced that the reforms he wanted - which were rather drastic reforms - could not be accomplished, leaving him with a choice of the Bank as it was or no Bank at all.

He also favored not having denominations competing with specie, so he wanted the smallest denomination of paper money to be a $20 bill. (At the time, the highest valued U.S. coin was the eagle, a $10 gold coin.) So I always thout that if Jackson was on our money, the $20 is the denomination he belonged on.
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True Federalist (진정한 연방 주의자)
Ernest
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Posts: 42,144
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« Reply #1 on: April 22, 2016, 03:45:25 PM »

So the paper money will now have:

3 Republicans (Lincoln, Grant, and Tubman)
3 Federalists (Washington, Franklin, and Hamilton)
1 Democratic-Republican (Jefferson, on the seldom-used but still circulating $2)

0 Whigs
0 Democrats

On what basis are you counting Franklin as a Federalist? He barely was active at the Convention and that was his last public hurrah. It makes about as much sense to count James Madison as a Federalist if you're basing it on Benjamin's support for the Constitution.
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True Federalist (진정한 연방 주의자)
Ernest
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Posts: 42,144
United States


« Reply #2 on: April 22, 2016, 03:56:52 PM »

Nah, Henry Clay belongs on the $50 since the back has the Capitol Building on it. Maybe if we had a denomination that had an airport on the reverse we could put Reagan on the front.
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