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The E-Sylum: Volume 13, Number 20, May 16, 2010, Article 32

HOMETOWN OF U.S. GRANT LOBBIES TO KEEP HIM ON $50 BILL

This article from the Galena Gazette of Galena, IL discusses a resolution by a local town council against the proposed removal of the image of U.S. Grant from the $50 bill. -Editor

$50 with star stamp

With very little discussion and comment, the Galena City Council voted unanimously to approve a resolution opposing the redesign of the $50 Federal Reserve Note.

The proposed new design would feature a portrait of the late Ronald Reagan, rather than General and former President U.S. Grant.

The resolution, drafted by Galena City Administrator Mark Moran, is written in the stately Johnsonian style appropriate to such documents, states that Patrick McHenry, a Republican congressman from North Carolina, has gained the support of 13 other members of the Republican party to create a bill proposing Ronald Reagan to replace President Ulysses S. Grant on the $50 bill.

This bill has become known as HB 4705 and has been introduced in congress and is currently in the House Financial Services Committee.

Further, the resolution states that "the city of Galena, Illinois, holds a special place in the history of our nation by having the distinct honor of being the pre-Civil War home of Ulysses S. Grant.

It states further that the city of Galena takes great pride in the fact that the 18th president of the United States graces the $50 bill and represents the strength and spirit of the American people.

The resolution points out that the decision to place Grant on the $50 bill was not a hasty or trivial decision, and that Grant first appeared on US currency in 1914, nearly 30 years after his death and with a half century of perspective on his Civil War accomplishments.

To read the complete article, see: Galena City Council wants U.S. Grant on $50 bill (galenagazette.com/main.asp?SectionID=142&SubSectionID=344&ArticleID=15066)

Wayne Homren, Editor

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