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| 正面描述 | Central vignette of an allegorical female figure in flight, bearing the American crest and accompanied by an eagle. A second allegorical figure appears at right, with a cornucopia at the bottom of the design. The note is engraved in the intaglio style typical of mid-nineteenth-century American obsolete bank issues by Rawdon, Wright, Hatch & Edson. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | The reverse shows a show-through impression of the obverse vignettes and text, visible in mirror image on the salmon-tinted paper ground, with four circular counter medallions bearing the numeral 50 positioned at the corners. The note is uniface, carrying no independent reverse printing. |
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The Canal and Banking Company was chartered by Louisiana in 1831 primarily to finance the construction of the New Orleans Canal — the navigation channel linking the city to Lake Pontchartrain — with banking privileges attached as the revenue mechanism. By the 1850s the canal itself was largely a commercial disappointment, but the bank had become one of the more solvent institutions in the South, operating under Louisiana's notably rigorous 1842 Banking Act, which mandated one-third specie reserves against circulation. That law made Louisiana banks unusually resilient heading into the panics of the decade.
Rawdon, Wright, Hatch & Edson held some of the most sophisticated engraving equipment in North America at mid-century before their 1858 merger into the American Bank Note Company.