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Saturday, 20 June 2015

Woman will appear on $10 bill

For the first time in more than a century, a woman will finally get space on the nation’s paper currency but she may have to share it with a man.

The $10 bill, up for a redesign in 2020, will feature a female face, Treasury Secretary Jack Lew announced Wednesday. He’s also considering keeping Alexander Hamilton, the current resident of the bill and the nation’s first Treasury secretary, on some of the notes.

The decision to change the ten-spot came as feminist groups have been pushing for a woman on the currency in 2020 to mark the 100th anniversary of the 19th Amendment, which gave women the right to vote. Sharing space with Hamilton who not only conceived the nation’s financial system but also served as a protagonist in the nation’s first sex scandal wasn’t exactly what they had in mind.

A nonprofit organization, Women On 20s (Slogan: “A woman’s place is on the money”), has been campaigning instead to get rid of Andrew Jackson, the nation’s seventh president, whose face appears on the $20 bill. Jackson’s record of removing Native Americans from their land and his opposition to the central banking system made him a good candidate to be yanked, they’ve argued.
Harriet Tubman was the winner of a poll the organization conducted to determine which woman should replace Jackson.

U.S. currency has rarely undergone major redesigns, but in 2013, the $10 bill was chosen for a remake partly to beef up protections against counterfeit threats, the Treasury said.

Lew said putting a woman on a bill had been under consideration well before his tenure at Treasury began, and President Barack Obama endorsed the idea last year, when he called it a “pretty good idea” during a July speech about the economy in Kansas City.

The Obama administration will be considering nominations of prominent women in U.S. history over the coming months and expects to announce its selection at the end of the summer, the Treasury said.

Lew said it was “personally very important” to him to preserve Hamilton’s place of honor on the $10. So whether it’s by printing $10s with different faces, or with multiple portraits on a single one, the woman will have to share with Hamilton.

In fact, Hamilton shared his bed with more than one woman making him one of the first subjects of a political sex scandal.

While his wife, Elizabeth, and kids were staying with relatives, Hamilton began an affair with a young woman named Maria Reynolds in 1791. He was secretary of the Treasury at the time, and Reynolds and her husband started extorting money from Hamilton. Hamilton eventually confessed to the affair in full detail in a pamphlet that also featured letters between him and his mistress.

 Source: Politico

29 comments:

Unknown said...

Eeeh? That's nice

Unknown said...

Na wao

Unknown said...

Linda"s picture should be there

Unknown said...

Nice one

Moye says so via BB Passport...Courtesy LIB......

NaijaDeltaBabe said...

Nice

Unknown said...

That wld b gr8..lili take note oh..

umoh Linda said...

Nice one, pls can dis happen in nigeria? Jst asking..

umoh Linda said...

Nice one, pls can dis happen in nigeria? Jst asking..

Kosiso said...

Nawa o 2020 the time far nah, the woman might never make it because Jesus might as well come before then ( www.infolited.com)

Unknown said...

Americans wit their folk tales dat never cease to end. Biko they should spare us all dis stories, and go ahead wit wht they want to do.

Mzz_Mary said...

Good

JUST ME said...

That is why I love America, they value n respect human right alot

Unknown said...

Nice

Anonymous said...

Now this is a nice post.... thumbs up Linda

Anonymous said...

Now this is a nice update.... thumb up Linda

Unknown said...

Gud..Gender Equality

Unknown said...

a.k.a EDWIN CHINEDU AZUBUKO said..
.
Gud news to them then....
.
.
***CURRENTLY IN JUPITER***

Unknown said...

Yesssss ooooooo, we women r getting der soon

Unknown said...

Yesssss ooooooo, we women r getting der soon

Unknown said...

#Shoroniyen?.....

Unknown said...

I've always maintained dt women r wonderful folks...dey deserve to b revered

Unknown said...

2020 is still very far biko. God keep us safe. Linda take note!




Okiie, notice to all LIBERs. Didn't want to do dis before but I gex I just have to do it as a disclaimer. One idiot on dis blog stole my identity, my name & signage. So please any negative comments on dis blog is not coming from me but from the thief cos I would neva say anything bad about someone or wish anyone evil. So I have gone back to using my old pix & my email address is (julie3er@gmail.com). Linda take note!

Unknown said...

We'll always keep believing in ourselves...that's a good news!

lepa shandy said...

That one sef dey

Unknown said...

Americans wit their folk tales dat never cease to end. Biko they should spare us all dis stories, and go ahead wit wht they want to do.


To all our muslim brothers, and sisters on LIB, I pray all ur heart desires come to pass during dis period of Ramadhan.

Long live Linda Ikeji, and all LIB reader's.

Unknown said...

There's nothing people won't campaign for in the US and they always end up having their way. I'm proud of her

Unknown said...

U.S. currency has rarely undergone major redesigns, but the naira has undergone more than a thousand changes since our independence.

ary said...

Yay for the free world.

Unknown said...

That would be nice

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