I was browsing eBay when I ran across this Beauty and knew I had to share it with you. It is a 1934 issue Federal Reserve Note. The portrait is of Salmon P. Chase (as in CHASE Manhattan Bank. As of May 30, 2009, there are 336 $10,000 bills in private hands.
Salmon Portland Chase (January 13, 1808 – May 7, 1873) was an American politician and jurist who served as U.S. Senator from Ohio and the 23rd Governor of Ohio; as U.S. Treasury Secretary under President Abraham Lincoln; and as the sixth Chief Justice of the United States Supreme Court.
Chase was one of the most prominent members of the new Republican Party before becoming Chief Justice. Chase articulated the "Slave Power conspiracy" thesis well before Lincoln. He coined the slogan of the Free Soil Party, "Free Soil, Free Labor, Free Men." He devoted his energies to the destruction of what he considered the Slave Power – the conspiracy of Southern slave owners to seize control of the federal government and block the progress of liberty.
It was the middle of the depression. (If interested the note is currently at $89,000 & Shipping is ONLY $100! BUT NO PAYPAL ) SCROLL BELOW THE NOTE TO see what else was happening in 1934. ENJOY!!
January 30th, Gold Reserve Act passed Establishes Exchange Stabilization Fund Allows the U. S. Treasury to seize all gold held by Federal Reserve banks Private possession of gold made illegal except for "legitimate" purposes (jewelry, artwork, and industrial and scientific uses)
January 31st, FDR issues an executive decree, changing the price of gold from $20.67 an ounce to $35 an ounce
January 31st, Congress creates Federal Farm Mortgage Corporation.
February 2nd, Export-Import Bank of Washington created, established under DC charter by Executive Order 6581, to assist in financing U.S. trade with the Soviet Union.
February 23rd, Crop Loan Act passed
February 15th, Civil Works Emergency Relief Act passed.
April 7th, Jones-Connally Farm Relief Act passed, bill effectively placing an expanded roster of farm products under the control of the Agricultural Adjustment Administration (AAA).
May 23rd, bank robbers Bonnie Parker and Clyde Barrow were shot to death in a police ambush in Bienville Parish, Louisiana
June 6th, Securities Exchange Commission established
June 19th, Federal Communications Commission created
June 19th, Silver Purchase Act passed, empowering FDR to increase the Treasury's silver holdings to 1/3 the value of gold, nationalizing silver stocks and purchases (victory for Free Silverites)
June, Taylor Grazing Act passed
July 22nd, John Dillinger, Public Enemy Number One, shot by the FBI near a Chicago Theatre
August 2nd, German President Paul von Hindenburg dies, paving the way for Adolf Hitler's complete takeover.
August 13th, the satirical comic strip "Li'l Abner," created by Al Capp, makes its debut
November 6th, Democrats gain 9 seats in the House of Representatives
Anti-Rackateering Act passed
Commodity Credit Corporation created
Federal Farm Bankruptcy Act passed
Federal Surplus Relief Corporation created
National Firearms Act passed
Reciprocal Trade Agreements Act passed
Bankhead Cotton Control Act passed
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