Page:Historic towns of the middle states (IA historictownsofm02powe).pdf/433

 struggle. On December 30, 1861, Mr. E. G. Spaulding, member of Congress from Buffalo, introduced the bill which afterwards became famous as the Legal-Tender Act, whereby the Secretary of the Treasury was authorized to issue $50,000,000 in Treasury notes, payable on demand, in denominations of not less than $5, these to be the legal tender for all debts, public and private, and exchangeable for the bonds of the Government at par.

Nearly every element of American progress has entered into the growth of this beautiful city. Its development has been brilliant in enterprise, luminous in education, rich in romance, splendid in achievement, and noble in patriotism. In a word, Buffalo has kept pace with the Great Republic.