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She handed the photos and the fake banknote back with a grim, angry look in her eyes.
In 1899, banknotes backed by gold deposits were issued in the same denominations.
Although this was the era of banknotes backed by gold, Icelandic treasury notes had no such backing and could not be redeemed.
Íslandsbanki was well funded and, despite being a privately owned bank, had exclusive right to issue banknotes backed by gold.
Law urged the establishment of a national bank to create and increase instruments of credit and the issue of banknotes backed by land, gold, or silver.
After the establishment of the Republic of China in 1912, the Chiao Tung Bank was authorized to issue banknotes backed by silver reserves.
The Algeciras conference gave concessions to the European bankers, ranging from a newly-formed State Bank of Morocco, to issuing banknotes backed by gold, with a 40-year term.
With a codebook based on Daphne du Maurier's Rebecca, he sent his intelligence messages to one of Rommel's listening posts, until GHQ eventually caught up, after tracing the forged banknotes back to him.
United States Secretary of the Treasury Salmon P. Chase had already anticipated the coming financial crisis, proposing to Congress the establishment of a system of national banks, each empowered to issue banknotes backed not with gold but with federal bonds.
