----- Original Message -----
Sent: Thursday, October 03, 2002 11:30
PM
Subject: [USMA:22444] Re: Metric clothing
labels in the US?
2002-10-04
This was due to the fact that congressmen from states or regions that
produce the paper for the dollar bills would not vote in favour of the coin
unless there was no reduction in the printing of the dollar bills. They
knew that as long as the bills were still printed people would reject the
coin, no matter how many features were added to make it appealing. The
knew that the people would always choose the familiar over the
unfamiliar.
I have always felt that the perfect compromise would have been to print
the two dollar bill instead in numbers satisfying to the paper
producers. Some anti-coin comments were that too much change in coins
would be too heavy in ones pocket. EG. If a person were to get
change for a five dollar bill in coins only, the minimum he would receive
would be 5 one dollar coins.
But, with the two dollar bill in general circulation change for five
dollars would be 2 two dollar bills and only 1 one dollar coin. A
combination of the one dollar coin and the two dollar bill would have been a
perfect compromise. Maybe this was discussed and the paper producers
felt that the two dollar bill was as unfamiliar as the one dollar coin
and many dummies think the two dollar bill is bad luck. This might place
the paper producers in a bad light, so the two dollar bill may have been
rejected.
I wonder if the ORDER to print the dollar bill also includes an order to
circulate them. Would the treasury department be in compliance with the
law if they printed the bills, but never circulated them and/or destroyed them
as soon as they printed them? This may be a way to get the dollar bill
out of circulation. Print it, but don't circulate it.
John
----- Original Message -----
Sent: Wednesday, 2002-10-02 06:38
Subject: [USMA:22422] Re: Metric
clothing labels in the US?
In a message dated 2002-10-02 01:15:44 Eastern Daylight
Time, [EMAIL PROTECTED]
writes:
The one dollar
bill. A waste of taxpayer... well, dollars. If the treasury
department had been firm in its commitment to kill it by not printing them
anymore, we'd all be using the Sakkawea coins by
now.
The treasury department was ORDERED by Congress to
keep printing dollar bills -- that was specifically included in the dollar
coin legislation! One more case of Congress wimping out to the
whiners.
cm
