when was paper money first used in the us
Early American currency During the American Revolution, the colonies became independent states. Freed from British monetary regulations, they issued paper money to pay for military expenses. The Continental Congress also issued paper money during the Revolution, known as Continental currency, to fund the war effort. Both state and Continental currency depreciated rapidly, becoming practically worthless by the end of the war. This depreciation was caused by the government printing large amounts of currency in order to meet the demands of war.
Paper clip According to the Early Office Museum, the first patent for a bent wire paper clip was awarded in the United States to Samuel B. Fay, in 1867. This clip was originally intended primarily for attaching tickets to fabric, although the patent recognized that it could be used to attach papers together.[1] Fay received U.S. patent 64,088 on April 23, 1867. Although functional and practical, Fay's design along with the 50 other designs patented prior to 1899 are not considered reminiscent of the modern paperclip design known today.[2] Another notable paper clip design was also patented in the United States by Erlman J. Wright in 1877. This clip was advertised at that time for use in fastening newspapers.[1]