Aggregate Issues of Paper Money in War Times

The following table exhibits the amount per capita issued of the Continental money, the French assignats, the Confederate currency, and the legal-tender greenbacks and National bank notes of the United States.

POPULATION. AMOUNT ISSUED. AMOUNT PER HEAD.

Continental money 3,000,000 in 1780. $359,546,825 $119.84

French assignats 26,500,000 (France in 1790). 9,115,600,000 343.98

Confederate currency 9,103,332 (11 Confederate States, 1860). 654,465,963 71.89

Greenbacks and National bank notes 31,443,321 (United States in 1860). 750,820,228 23.87

Highest amount in circulation, Jan. ’66 750,820,228