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In the second circumstances, the brand new Federal Reserve cities your order to own printed money from the fresh You.S. Treasury Agency.72 The newest Treasury Department, consequently, delivers this type of needs to the Agency of Engraving and you will Printing (to print the brand new dollar bills) and the Agency of your Mint (to stamp the fresh gold coins). Papers currency are awarded once again in the 1862 without the support from precious metals due to the Civil Combat. And Treasury Notes, Congress within the 1861 authorized the fresh Treasury in order to borrow $50 million in the form of Consult Cards, and that didn’t incur focus but may getting used for the demand to possess precious metals. But not, because of the December 1861, the new Connection government’s way to obtain specie are outstripped from the interest in redemption and they were forced to suspend redemption temporarily.

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