This is The Texas Dollar, commonly referred to as a “Texas redback.”
This was paper money of the Republic of Texas. Texas had little in the way of silver and gold; no coin was ever minted.
These redbacks were instituted in 1839-1842 prior to Texas' annexation to the United States in 1845 as the 28th state. These redbacks were printed to minimize debt during Mirabeau B. Lamar’s Presidency of the Republic of Texas. Due to over printing, the paper money quickly lost its value and was unable to incur any effect on the Republic's debt.
Exchequer bills were issued in 1842 as a new series of currency however little use was made of them by the general public.
In The Compromise of 1850, Texas was given $10 million in exchange for all the land located outside of its current state boundary. This cleared all debts, including the redemption of redbacks.
What were the years of the Victorian Era?
1837-1901, some extend the date to 1835-1901.
What are key dates in Texas History during the Victorian Era?
Texas Revolution, the war lasted from October 2, 1835 to April 21, 1836.
Texas Annexation, Polk signed documents formally integrating
Mexican-American War, armed conflict between US and
On February 23, 1861,
The American Civil War (1861–1865) The American Civil War was one of the earliest true industrial wars. Railroads, the telegraph, steamships, and mass-produced weapons were employed extensively. It remains the deadliest war in American history, resulting in the deaths of 620,000 soldiers and an undetermined number of civilian casualties.
Juneteenth, June 19th, Emancipation Day, is a holiday in the United States honoring African American heritage by commemorating the announcement of the abolition of slavery in the U.S. State of Texas in 1865.
Congress readmitted Texas into the Union in 1870
Texas Constitution was adopted in 1876
Texas Constitution was adopted in 1876
January 10, 1901 – First major oil well in Texas , Spindletop, found south of Beaumont .
Links of interest:
http://en.wikipedia.org/wiki/Texas#StatehoodLinks of interest:
http://en.wikipedia.org/wiki/Texas_Revolution
http://en.wikipedia.org/wiki/Alamo
http://en.wikipedia.org/wiki/Texas_Dollar
http://en.wikipedia.org/wiki/Texas_Annexation
http://en.wikipedia.org/wiki/Mexican%E2%80%93American_War
http://en.wikipedia.org/wiki/Compromise_of_1850
http://www.tsl.state.tx.us/treasures/republic/currency-01.html