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From the second case, the newest Federal Set aside metropolitan areas your order to possess released funds from the brand new U.S. Treasury Department.72 The newest Treasury Company, therefore, delivers these types of requests to your Agency away from Engraving and you may Print (so you can printing the new dollars costs) as well as the Agency of your own Mint (in order to stamp the fresh coins). Report currency is actually provided once more inside 1862 with no backing from precious metals as a result of the Municipal War. As well as Treasury Notes, Congress within the 1861 authorized the fresh Treasury to help you obtain $50 million in the way of Request Cards, and this did not happen focus but could become redeemed to your request to possess metals. But not, from the December 1861, the brand new Relationship government’s source of specie try outstripped by need for redemption and were obligated to suspend redemption temporarily.
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