one cent

The Coinage Act. April, 2 1792.

The Coinage Act, passed by the United States Congress on April 2, 1792, created the United States dollar as the country’s standard unit of money, established the United States Mint, and regulated the coinage of the United States. The long title of the legislation is An act establishing a mint, and regulating the Coins of the United States. This act established the silver dollar as the unit of money in the United States, declared it to be lawful tender, and created a decimal system for U.S. currency. By the Act, the Mint was to be situated at the seat of government of the United States. The five original officers of the U.S. Mint were a Director, an Assayer, a Chief Coiner, an Engraver, and a Treasurer. The Act also allowed that one person could perform the functions of Chief Coiner a...

Lincoln for President. November 6,1860.

On November 6, 1860, Lincoln was elected the 16th president of the United States, beating Douglas, Breckinridge, and Bell. He was the first president from the Republican Party. His victory was entirely due to the strength of his support in the North and West; no ballots were cast for him in 10 of the 15 Southern slave states, and he won only two of 996 counties in all the Southern states. As Lincoln’s election became evident, secessionists made clear their intent to leave the Union before he took office the next March. On December 20, 1860, South Carolina took the lead by adopting an ordinance of secession; by February 1, 1861, Florida, Mississippi, Alabama, Georgia, Louisiana, and Texas followed. Six of these states then adopted a constitution and declared themselves to be a soverei...

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