With the 4th of July weekend quickly approaching I got to thinking about what holidays mean and how we as Americans celebrate the our country's birthday. Now that I am an official Maryland resident, with 13 months under my belt, I can actually say that I live in the state which is home to Ft. McHenry, birthplace of our National Anthem. Penned by Francis Scott Key on September 13, 1814, "The Star-Spangled Banner" was originally a poem. In 1931 the Congress of The United States of America enacted legislation that made "The Star-Spangled Banner" the official national anthem. It is a mainstay of American life as we sing it at scout camps, baseball games and town parades from coast-to-coast.But there is more to the 4th of July than the "The Star-Spangled Banner" and our flag of red, white and blue. These days we have to add a little green to the mix. We spend money to travel to be with friends over the holiday weekend, overindulge in skee-ball and milk can games on the our ocean's boardwalks and stock-up on the latest "must-haves" at the ever growing number of sidewalk sales that dot the landscape of our local strip-stores and shopping malls. Our flag may be comprised of our infamous red, white and blue but green comes in a very close 4th on our list as one of our national colors.We work hard to earn the greenbacks that fill our ATM accounts. We pay bills, indulge from time to time, treat ourselves and try to just plain enjoy the rewards that having a few bucks in our pockets offer us. Did you know that the color green was chosen for our money in 1929 because it tended to be resistent to chemical and physical changes? And probably more importantly, there happened to be a large supply on hand at the time to get the job done. Really. Other fun facts about our money include; - On the dollar bill, the word or number "one" appears 16 times, front and back.
- Our so-called "paper money" is actually a 25% linen and 75% cotten blend. Red and blue synthentic fibers run through it too.
- The average life of paper bills increases as the denomination does.
- $1 bills last about 22 months
- $5 bills about 24 months
- $10 bills about 36 months
- $20 bills about 48 months
- $50 & $100 about 108 months - There is a game called "Liar's Poker" where participants pull money directly out of their pockets and use the 10-digit serial number as a guide for luck as to how they play.
Good ole' moolah. As American as Apple Pie and writing your name in the air with sparklers. Happy 4th of July All.
Answers to the President Money quiz - -
Washington - $1, Lincoln - $5, Hamilton - $10, Jackson - $20, Grant - $50, Franklin - $100
*Money facts from Finance - Potlatch McCoy Field Study Series
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