Monday, Aug. 26, 1935
Seal Dollar
To furnish a new and appropriate form of currency to circulate vicariously for the silver that the Treasury is buying in quantity (see p. 17) Secretary Morgenthau last week announced a new form of silver certificate. The same size as present dollar bills, it will be distinguished by an unfamiliar but appropriate design. On the back it will bear the well-known obverse likeness of the Great Seal of the U. S. (adopted in 1782), the eagle with E Pluribus Unum in its beak, a branch of olive in one talon, a clawful of arrows in the other. And alongside will appear the little-known reverse of the Great Seal (see cut): an unfinished pyramid dated 1776; above it, the allegorical eye of God and the words Annuit Coeptis (He favored our undertakings); below it, Novus Ordo Seclorum (A new order of the ages; i. e., a New Deal in the language of 1776).
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