Loan of the City of Philadelphia - Gorgeous 8 Vignette Bond

Various Denomination Bonds. American Bank Note, Gorgeous Graphics! The city of Philadelphia was founded in 1682 by William Penn in the English Crown Province of Pennsylvania between the Delaware and Schuylkill rivers. Before then, the area was inhabited by the Lenape people. Philadelphia quickly grew into an important colonial city and during the American Revolution was the site of the First and Second Continental Congresses. After the Revolution the city was chosen to be the temporary capital of the United States. At the beginning of the 19th century, the federal and state governments left Philadelphia, but the city remained the cultural and financial center of the country. Philadelphia became one of the first U.S. industrial centers and the city contained a variety of industries, the largest being textiles.

After the American Civil War Philadelphia's government was controlled by a Republican political machine and by the beginning of the 20th century Philadelphia was described as "corrupt and contented." Various reform efforts slowly changed city government with the most significant in 1950 where a new city charter strengthened the position of mayor and weakened the Philadelphia City Council. At the same time Philadelphia moved its supports from the Republican Party to the Democratic Party, which has since created a strong Democratic organization. Read more at https://en.wikipedia.org/wiki/History_of_Philadelphia

Read More

Read Less