US Currency Change Coming

We’ve reported on the positive alterations of currency before, when it was the British five-pound note that was becoming plastic instead of plant fiber. That was good news in terms of ecological footprint, because the plastic notes should live longer and thereby save materials in the long run. In the case of the US change with the five-, ten-, and twenty-dollar bills, the impact is less on the environment and more in the social arena: women would feature on paper currency for the first time in modern history. From the New York Times:

WASHINGTON — Treasury Secretary Jacob J. Lew on Wednesday announced the most sweeping and historically symbolic makeover of American currency in a century, proposing to replace the slaveholding Andrew Jackson on the $20 bill with Harriet Tubman, the former slave and abolitionist, and to add women and civil rights leaders to the $5 and $10 notes.

Mr. Lew may have reneged on a commitment he made last year to make a woman the face of the $10 bill, opting instead to keep Alexander Hamilton, to the delight of a fan base swollen with enthusiasm over a Broadway rap musical named after and based on the life of the first Treasury secretary.

But the broader remaking of the nation’s paper currency, which President Obama welcomed on Wednesday, may well have captured a historical moment for a multicultural, multiethnic and multiracial nation moving contentiously through the early years of a new century.

Tubman, an African-American and a Union spy during the Civil War, would bump Jackson — a white man known as much for his persecution of Native Americans as for his war heroics and advocacy for the common man — to the back of the $20, in some reduced image along with the White House. Tubman would be the first woman so honored on paper currency since Martha Washington’s portrait briefly graced the $1 silver certificate in the late 19th century.

While Hamilton would remain on the $10, and Abraham Lincoln on the $5s, images of women would be added to the back of both — in keeping with Mr. Lew’s intent “to bring to life” the national monuments depicted there.

The picture of the Treasury building on the back of the $10 bill would be replaced with a depiction of a 1913 march in support of women’s right to vote that ended at the building, along with portraits of five suffrage leaders: Lucretia Mott, Sojourner Truth, Elizabeth Cady Stanton, Alice Paul and Susan B. Anthony, who in more recent years was on an unpopular $1 coin until minting ceased.

On the flip side of the $5 bill, the Lincoln Memorial would remain, but as the backdrop for the 1939 performance there of Marian Anderson, the African-American classical singer, after she was barred from singing at the segregated Constitution Hall nearby. Sharing space on the rear would be images of Eleanor Roosevelt, who arranged Anderson’s Lincoln Memorial performance, and the Rev. Dr. Martin Luther King Jr., who in 1963 delivered his “I have a dream” speech from its steps.

Read the rest of Jackie Calmes’ original article here.

3 thoughts on “US Currency Change Coming

  1. Our government needs to leave things alone that aren’t broke. Dr. Ben Carson had a good suggestion, put Ms. Tubman on new $2.00 bills. She was a very special person in her time, she did many great things, that would give her a prominent place in current and future American history. Simply start printing a lot of the $2 and put them into our regular circulation every year.

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