Historical Events tagged with "counterfeiting"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Politics & Government

Creation of the United States Secret Service

July 5th, 1865 159 years ago

The United States Secret Service was established on July 5, 1865, primarily to combat the widespread counterfeiting of U.S. currency. At its inception, the agency operated under the Department of the Treasury. The initiation followed the American Civil War, which had exacerbated financial instability and increased counterfeiting activities. Initially, the agency's investigations focused on the rampant fake banknotes that threatened the economic system, seeking to restore public confidence in the nation's money supply.

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