Fact #2963 in "Surveys" Category
#2963 - Surveys Fact  1
By the end of the U.S. Civil War, 33 percent of all U.S. paper currency in circulation was counterfeit. This was a devastating situation for a nation struggling to recover economically from such a destructive war. On July 5, 1865, the Secret Service was created as a part of the Department of the Treasury to help suppress counterfeit currency.
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