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The Territory came into existence at the height of the ‘wild cat and bob-tailed currency’ times and the Nebraska settler who could raise sufficient money to obtain a charter and pay for the printing of his bank notes, had what would be termed in these times a ‘bonanza.’ . . .
The absence of productive industries explains the severe shortage of “hard currency” which existed throughout most of the Territorial period. The residents needed manufactured products from the Eastern States but produced almost nothing of an exportable nature.
The Nebraska Territory was created by the Kansas–Nebraska Act of 1854. The territorial capital was Omaha. The territory encompassed areas of what is today Nebraska, Wyoming, South Dakota, North Dakota, Colorado, and Montana.
The resultant shortage of currency created great difficulty in the conduct of economic affairs in the new Territory because there was nothing to serve as a medium of exchange. 3. Under the existing circumstances only two, perhaps three, alternatives were available to the Territorial citizens.
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Jul 27, 2024 · The link below is a searchable, sortable list of the 349 Nebraska National Banks that issued notes during the National Bank Note Era (1863-1935). Information shown for each bank includes Charter#, Bank Name, Town, County, Open & Close Year, Bank Fate, Number of notes Issued and Total $ Issued.
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Very Fine - Nebraska Territory - The City of Omaha - Sept 1st 1857 - Great note from before Nebraska became a State. Two Indians on horseback watching train in background at center. Woman at lower left with large red ONE overprint at lower center. Uniface note. Printed by Wellstood, Hay and Whiting - New York
