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Joshua Abraham Norton (First American Emperor, Emperor Norton)

Jimmy Akin's Mysterious World

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The Origins of Prosecutors Notes

Norton the first declared that America was no longer a republic and was now a monarchy. He also produced his own money in the form of script or promissory notes. The notes ranged in value from 50 cents to 10 dollars. So these notes were quite substantial in value and aspromissory notes they were payable at 7% interest in 1880 20 years later.50 cents in 1860 would be worth 18 dollars today after all the inflation the governments caused; $10 would be worth $360 now.

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