National Bank Note

National Bank Note

National Bank Notes were United States currency banknotes issued by National banks chartered by the United States Government. The notes were usually backed by United States bonds the bank deposited with the United States Treasury.

Read more about National Bank Note:  Background, The Program, The Notes, End of The Program

Famous quotes containing the words national, bank and/or note:

    Reporters for tabloid newspapers beat a path to the park entrance each summer when the national convention of nudists is held, but the cult’s requirement that visitors disrobe is an obstacle to complete coverage of nudist news. Local residents interested in the nudist movement but as yet unwilling to affiliate make observations from rowboats in Great Egg Harbor River.
    —For the State of New Jersey, U.S. public relief program (1935-1943)

    The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.
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    What says the Clock in the Great Clock Tower?
    And all alone comes riding there
    The King that could make his people stare,
    Because he had feathers instead of hair.
    A slow low note and an iron bell.
    William Butler Yeats (1865–1939)