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Military payment certificate. One-dollar bill Series 692 ( from the Vietnam War era 1970–73) Military payment certificates, or MPC, was a form of currency used to pay United States (US) military personnel in certain foreign countries in the mid and late twentieth century. They were used in one area or another from a few months after the end ...
Historically, soldiers serving overseas had been paid in local currency rather than in their "home" currency. [1] Most cash drawn by soldiers would go directly into the local economy, and in a damaged economy the effects of a hard currency such as the dollar circulating freely alongside weaker local currencies could be very problematic, risking severe inflation.
Japanese military currency (Chinese and Japanese: 日本軍用手票, also 日本軍票 in short) was money issued to the soldiers of the Imperial Japanese Armed Forces as a salary. [citation needed] The military yen reached its peak during the Pacific War period, when the Japanese government excessively [clarification needed] issued it to all ...
The United States military used these as payment certificates, while the civilian population used "B Yen" scrip as currency. [3] "A yen" scrip was used as general currency in Korea from September 7, 1945, to July 10, 1946. [2] "A yen" scrip was eventually deprecated in all three regions on July 21, 1948, in favor of a one currency "B yen" scrip ...
Bonus Army. The Bonus Army was a group of 43,000 demonstrators – 17,000 veterans of U.S. involvement in World War I, their families, and affiliated groups – who gathered in Washington, D.C., in mid-1932 to demand early cash redemption of their service bonus certificates. Organizers called the demonstrators the Bonus Expeditionary Force (B.E ...
President Franklin Roosevelt's conditional approval of the one-dollar bill's design in 1935, requiring that the appearance of the sides of the Great Seal be reversed, and together, captioned. The reverse of the one-dollar bill has an ornate design that incorporates both sides of the Great Seal of the United States to the left and right of the ...
Short snorter. A short snorter is a banknote inscribed by people traveling together on an aircraft. The tradition was started by Alaskan bush flyers in the 1920s and spread through the military and commercial aviation. [1][2] During World War II short snorters were signed by flight crews and conveyed good luck to soldiers crossing the Atlantic. [3]
The one section that might need some deciphering is the two-digit entitlement code. This code refers to when you served or other circumstances that make you eligible for a VA loan. There are 11 ...
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