where does the paper for money come from
Crane Currency
title: Crane Currency text: Crane Currency Crane Currency is a manufacturer of cotton-based paper products used in the printing of national currencies, passports and banknotes. Crane remains the sole supplier of paper for use in U.S. currency (Federal Reserve Notes). Stephen Crane was the first in the Crane family to become a papermaker, buying his first mill, "The Liberty Paper Mill", in 1770. He sold currency-type paper to engraver Paul Revere, who printed the American Colonies' first paper money. In 1801, Crane was founded by Zenas Crane, Henry Wiswall and John Willard. The company's original mill had a daily output of 20 posts (1 title: Crane Currency text: 2013. In 2008, Crane acquired Visual Physics, a subsidiary of Nanoventions, based in Atlanta, Georgia. This purchase gave Crane exclusive control of Motion micro-optic security technology that is used for the protection of banknotes. Crane Currency Crane Currency is a manufacturer of cotton-based paper products used in the printing of national currencies, passports and banknotes. Crane remains the sole supplier of paper for use in U.S. currency (Federal Reserve Notes). Stephen Crane was the first in the Crane family to become a papermaker, buying his first mill, "The Liberty Paper Mill", in 1770. He sold currency-type paper to engraver Paul title: History of paper text: History of paper Paper, a thin unwoven material made from milled plant fibers, is primarily used for writing, artwork, and packaging; it is commonly white. The first papermaking process was documented in China during the Eastern Han period (25–220 CE), traditionally attributed to the court official Cai Lun. During the 8th century, Chinese papermaking spread to the Islamic world, where pulp mills and paper mills were used for papermaking and money making. By the 11th century, papermaking was brought to Europe. By the 13th century, papermaking was refined with paper mills utilizing waterwheels in Spain. Later European improvements to the title: Federal Reserve text: Fed sells and redeems U.S. government securities such as savings bonds and Treasury bills, notes and bonds. It also issues the nation's coin and paper currency. The U.S. Treasury, through its Bureau of the Mint and Bureau of Engraving and Printing, actually produces the nation's cash supply and, in effect, sells the paper currency to the Federal Reserve Banks at manufacturing cost, and the coins at face value. The Federal Reserve Banks then distribute it to other financial institutions in various ways. During the Fiscal Year 2013, the Bureau of Engraving and Printing delivered 6.6 billion notes at an average title: Bureau of Engraving and Printing text: all coinage is produced by the United States Mint. With production facilities in Washington, DC, and Fort Worth, Texas, the Bureau of Engraving and Printing is the largest producer of government security documents in the United States. The Bureau of Engraving and Printing has its origins in legislation enacted to help fund the Civil War. In July 1861, Congress authorized the Secretary of the Treasury to issue paper currency in lieu of coins due to the lack of funds needed to support the conflict. The paper notes were essentially government IOUs and were called Demand Notes because they were payable