• Mill (currency) Wikipedia
    OverviewUsageSimilar units

    In the United States, the term was first used by the Continental Congress in 1786, being described as the "lowest money of account, of which 1000 shall be equal to the federal dollar". The Coinage Act of 1792 describes milles and other subdivisions of the dollar: That the money of account of the United States shall be expressed in dollars or units, dismes or tenths, cents or hundredths, and milles or thousandths, a disme being the tenth part of a dollar, a cent the hun

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  • Mills Currency Past & Present

    26/09/2018· Mills Currency By S&C ETC., September 26, 2018 Pennies will buy you so little today that dividing them into even smaller change seems pointless. But back in 1786, the U.S. Continental Congress approved the mill; the “lowest