Knowledge (XXG)

Spencer M. Clark

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138: 108:, Clark became interested in the work of finishing new currency notes at the Treasury and gradually assumed increasingly greater responsibilities in the engraving, printing, and processing of U.S. Government currency and securities. He was a strong advocate for a distinct bureau within the Treasury Department for the production of currency and securities, and took over as the first Superintendent of the National Currency Bureau in 1862. 31: 170:, treasurer of the United States, be placed on the 50-cent note without consulting him. Spinner was pleased with it, and as he had authority to select portraits on new notes, approved it. Other designs were selected at random and when it came to issuing the 5-cent note, Spinner was asked whose portrait was to be selected. 124:
article. Clark is also credited with proposing that facsimile signatures for the Treasurer of the United States and the Register of the Treasury be imprinted on U.S. notes using a "peculiar process and with peculiar ink." Prior to that, the signatures were penned by an army of clerks "For the"
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Clark resigned from the National Currency Bureau in 1868 amidst a congressional investigation into record-keeping and security within the agency. He went on to work at the Department of Agriculture in the Statistical Division. He later headed the Bureau of Vital Statistics in the Agriculture
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Spencer Morton Clark was born in Vermont and was involved in a variety of business activities until 1856 when he became a clerk in the Bureau of Construction of the Treasury Department in Washington, D.C. According to a history of the
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of Lewis and Clark fame. But because no one had distinctly specified exactly which Clark, the currency superintendent took it upon himself to put his own portrait on the bills.
188:, Congress’s "immediate infuriated response was to pass a law retiring the 5¢ denomination, and another to forbid portrayal of any living person on federal coins or currency." 345: 297: 156:
A controversy ensued when it was discovered that Clark's image had been put on the 5-cent note. There are different historical accounts of how this occurred.
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article. Clark is said to have developed the original "Treasury Seal," a variation of which still appears on U.S. notes, according to a 1979
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Whatever the story, Congress was outraged when the notes, which had already been mass-produced, came out. According to numismatic historian
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notes in denominations of 3, 5, 10, 15, 25 and 50 cents, with Clark’s office being given responsibility for production of the notes.
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Clark is said to have replied, "How would the likeness of Clark do?" "Excellent," said Spinner, thinking that reference was made to
105: 92: 91:(June 3, 1811  – December 10, 1890) was the first Superintendent of the National Currency Bureau, today known as the 178: 116:
On August 29, 1862, Clark commenced work with one male assistant and four female operatives, according to a 1977
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Clark only kept his job because of the personal intervention of Treasury Secretary
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In one, the 5-cent note was supposed to bear a portrait of "Clark," as in explorer
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Department until his death in 1890. He is buried in Hartford, Connecticut.
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Bureau of Printing and Engraving History, Historical Resource Center, 2004
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Bureau of Printing and Engraving History, Historical Resource Center, 2004
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Style; Stamps and Coins, The Washington Post, November 18, 1979
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Style; Stamps and Coins, The Washington Post, August 28, 1977
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In 1864, Congress authorized the issuance of a series of
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In another version, Clark ordered that the portrait of
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First Superintendent of the US National Currency Bureau
78: 70: 58: 37: 21: 336:United States Department of the Treasury officials 244: 242: 298:Chief of the Bureau of Engraving and Printing 8: 281: 29: 18: 346:Andrew Johnson administration personnel 213: 7: 14: 341:Lincoln administration personnel 112:Bureau of Engraving and Printing 106:Bureau of Engraving and Printing 93:Bureau of Engraving and Printing 1: 16:American government official 179:Comptroller of the Currency 362: 254:November 25, 2010, at the 226:www.fractionalcurrency.net 125:appropriate official, the 304: 295: 289: 284: 28: 146: 140: 95:, from 1862 to 1868. 74:Hartford, Connecticut 285:Government offices 222:"Clark's Confusion" 151:fractional currency 143:Fractional Currency 133:Fractional Faux Pas 308:George B. McCartee 168:Francis E. Spinner 147: 141:Clark depicted on 314: 313: 305:Succeeded by 86: 85: 62:December 10, 1890 353: 290:Preceded by 282: 258: 246: 237: 236: 234: 232: 218: 89:Spencer M. Clark 65: 47: 45: 33: 23:Spencer M. Clark 19: 361: 360: 356: 355: 354: 352: 351: 350: 316: 315: 310: 301: 293: 267: 262: 261: 256:Wayback Machine 247: 240: 230: 228: 220: 219: 215: 210: 201: 193:Salmon P. Chase 135: 129:article added. 122:Washington Post 118:Washington Post 114: 101: 63: 54: 49: 43: 41: 24: 17: 12: 11: 5: 359: 357: 349: 348: 343: 338: 333: 328: 318: 317: 312: 311: 306: 303: 294: 291: 287: 286: 280: 279: 274: 271: 266: 263: 260: 259: 238: 212: 211: 209: 206: 200: 197: 175:Freeman Clarke 134: 131: 113: 110: 100: 99:Public service 97: 84: 83: 80: 79:Known for 76: 75: 72: 68: 67: 66:(aged 79) 60: 56: 55: 50: 39: 35: 34: 26: 25: 22: 15: 13: 10: 9: 6: 4: 3: 2: 358: 347: 344: 342: 339: 337: 334: 332: 329: 327: 324: 323: 321: 309: 300: 299: 288: 283: 278: 275: 272: 269: 268: 264: 257: 253: 250: 245: 243: 239: 227: 223: 217: 214: 207: 205: 198: 196: 194: 189: 187: 182: 180: 176: 171: 169: 164: 162: 161:William Clark 157: 154: 152: 144: 139: 132: 130: 128: 123: 119: 111: 109: 107: 98: 96: 94: 90: 81: 77: 73: 69: 61: 57: 53: 40: 36: 32: 27: 20: 296: 229:. Retrieved 225: 216: 202: 190: 186:Walter Breen 183: 172: 165: 158: 155: 148: 126: 121: 117: 115: 102: 88: 87: 71:Burial place 64:(1890-12-10) 48:June 3, 1811 331:1890 deaths 326:1811 births 320:Categories 302:1862–1868 292:New Office 208:References 44:1811-06-03 231:April 13, 199:Departure 252:Archived 265:Sources 52:Vermont 177:, the 233:2016 127:Post 59:Died 38:Born 322:: 241:^ 224:. 195:. 235:. 145:. 46:) 42:(

Index


Vermont
Bureau of Engraving and Printing
Bureau of Engraving and Printing

Fractional Currency
fractional currency
William Clark
Francis E. Spinner
Freeman Clarke
Comptroller of the Currency
Walter Breen
Salmon P. Chase
"Clark's Confusion"


Bureau of Printing and Engraving History, Historical Resource Center, 2004
Archived
Wayback Machine
Bureau of Printing and Engraving History, Historical Resource Center, 2004
Chief of the Bureau of Engraving and Printing
George B. McCartee
Categories
1811 births
1890 deaths
United States Department of the Treasury officials
Lincoln administration personnel
Andrew Johnson administration personnel

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