Wednesday, April 20, 2016

Tubman's $20

From USA Today:
"Anti-slavery activist Harriet Tubman to replace Jackson on $20 bill"
 
Abolitionist Harriet Tubman's image will appear on a new series of $20 bills, becoming the first African-American to appear on U.S. paper currency and the first woman in more than a century, the Treasury Department announced Wednesday. In replacing President Andrew Jackson on the front of the $20 bill, the Treasury Department abandoned a previous plan to have a woman replace founding father Alexander Hamilton on the $10. Treasury Secretary Jacob Lew said the about-face came in response to an unexpected show of support for Hamilton in the weeks after he announced that plan last June — a response fueled, in part, by the popularity of the Pulitzer Prize-winning Broadway musical based on Hamilton's life by Lin-Manuel Miranda. The $5, $10 and $20 bills will all be redesigned over the next four years, but will be put into production at various times over the next decade. The long-awaited currency redesign will have a cascading effect on bills of all denominations over the next decades, as new security features are introduced to make the bills harder to counterfeit. New bills will also have tactile features to make them easier for blind citizens to distinguish. And, Lew said, the redesign will affect the fronts and backs of each denomination. "We want people to pay attention to the whole bill," he said. Among the changes announced:
► President Lincoln will remain on the front of the $5 bill, but the image of the Lincoln Memorial on the back will be redesigned to depict historic events that happened there: Opera singer Marian Anderson's 1939 concert and Martin Luther King Jr.'s 1963 "I Have a Dream" speech.
► The back of the $10 bill will tell the story of the women's suffrage movement, which culminated in the 19th amendment giving women the right to vote in 1920. Among the women to be honored on the back of that bill: Lucretia Mott, Sojourner Truth, Susan B. Anthony, Elizabeth Cady Stanton and Alice Paul.
► To make room for Tubman on the front of the $20 bill, Jackson will be moved to the back where he'll be incorporated into the existing image of the White House. Lew said that image could depict the statue of Jackson riding horseback in Lafayette Square across Pennsylvania Avenue from the White House.
When completed, the changes will mark the biggest overhaul of the look of U.S. currency since 1928, when the current system of "dead presidents" was designed. The Treasury Department has said it needs to redesign the $10 bill next because it's most prone to counterfeiting — even though there are four times more $20 bills in circulation, according to Federal Reserve data. Lew said he can't completely control the sophisticated retooling process that will take place at the Bureau of Engraving and Printing, which is currently set up to produce only one series of bills at a time.
 
 
^ I don't know if I will like the new $20 bills or not. I collect currency from around the world and am interested in how the bill will look. Once I see a sample then I'll know if it is good or not. ^
 



http://www.usatoday.com/story/news/politics/2016/04/20/report-lew-considered-anthony-10-bill/83274530/

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