The new face of American currency is (almost) here
April 26, 2016
Look out, Andrew Jackson, there’s a new 20 dollar bill in town. For the last few years, there has been much speculation that Harriet Tubman, a former slave and active abolitionist of the nineteenth century, would be replacing former President Andrew Jackson on the American bank note. On Apr. 20, it was stated in the Los Angeles Times that Tubman’s appearance on American currency will become a reality by the year 2020.
Many people have been advocating for the removal of Andrew Jackson from the bill for two reasons. The first is that Jackson was very racist towards Native Americans. Because of his actions, thousands of natives ended up being killed after they were forcibly removed from their homes on the East Coast and settled in what is now present-day Oklahoma. The second is that throughout his presidency, Jackson was vehemently against a federal banking system. More than once, Jackson criticized the idea of a central bank and even attempted to destroy it entirely. Why would a man who hated our country’s banking system be on our currency in the first place?
Unfortunately for some, Jackson will not be removed entirely from the bill. Instead, out of respect to the nation’s seventh president, the war hero will simply be moved to the back alongside the White House, while Harriet Tubman will take his place on the front. In a revolutionary decision, Treasury Secretary Jacob J. Lew stated that Tubman will be the first woman on American currency in over 100 years, and most importantly, the first African-American. Tubman was selected because of her role in freeing hundreds of slaves on the Underground Railroad.
In addition to Tubman’s new role in currency, changes will be made to the 5 dollar and 10 dollar bills. There was a time when Alexander Hamilton was going to be removed from his place on the 10 dollar bill, but after fantastic reviews of the Broadway musical Hamilton, and the fact that the man created America’s first central bank system, Hamilton will remain on the front of the bank note. Attempting to add diversity to the money we Americans use every day, the treasury building will be removed from the back of the 10 dollar bill and replaced with prominent leaders of the Women’s Suffrage Movement. These leaders include Susan B. Anthony, Sojourner Truth, Elizabeth Cady Stanton, Alice Paul, and Lucretia Mott. Opera singer Marian Anderson, former First Lady Eleanor Roosevelt, and Civil Rights activist and leader Martin Luther King, Jr. will all be added next to the Lincoln Memorial on the back of the five dollar bill.
Although these new decisions are considered revolutionary, a large majority of Americans are angry with the changes. Some feel that the bills should be left the way they are. Others think that many prominent historical figures, such as Frederick Douglass, Theodore Roosevelt, and Rosa Parks, were overlooked.
These changes, however, will not happen until 2020 to celebrate the 100th anniversary of the 19th Amendment, which gave women the right to vote.