2007-12-11 14:02:27 · 7 answers · asked by Jade 5 in Politics & Government ➔ Politics
William McKinley.
On July 14, 1969, David M. Kennedy, the 60th Secretary of the Treasury, and officials at the Federal Reserve Board announced that they would immediately stop distributing currency in denominations of $500, $1,000, $5,000 and $10,000. Production of these denominations stopped during World War II. Their main purpose was for bank transfer payments. With the arrival of more secure transfer technologies, however, they were no longer needed for that purpose. While these notes are legal tender and may still be found in circulation today, the Federal Reserve Banks remove them from circulation and destroy them as they are received.
2007-12-11 14:06:54 · answer #1 · answered by Denise P 4 · 2⤊ 1⤋
This Site Might Help You.
RE:
Who's picture is on the 500 dollar bill and when did it go out of circulation?
2015-08-06 14:37:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The $500 bill featured a portrait of William McKinley
Circulation of high-denomination bills was halted in 1969 by executive order of President Richard Nixon, in an effort to combat organized crime.
2007-12-11 14:09:00 · answer #3 · answered by Jason 6 · 2⤊ 1⤋
Funny, this question was asked just a few minutes ago.
William McKinley is on the $500, it was stopped production in the summer of 1969, and is still in circulation.
2007-12-11 14:06:02 · answer #4 · answered by Stuart 7 · 2⤊ 1⤋
President William McKinley
1934
2007-12-11 14:06:42 · answer #5 · answered by v-money 2 · 2⤊ 2⤋
the picture was of William McKinley and it was in circulation from 1929-1940
2007-12-11 14:07:05 · answer #6 · answered by Jeff R 2 · 1⤊ 1⤋
To answer your question;
The 25th president of the US William McKinley
2007-12-11 14:07:40 · answer #7 · answered by T-Bone 7 · 2⤊ 1⤋
"Whose," not "who's." "Who's" is "who is."
And it was McKinley.
2007-12-11 14:14:40 · answer #8 · answered by Bush Invented the Google 6 · 0⤊ 3⤋