Since I grew up in New York City, where hustler-immigrant ODB Alex was our Founding Father, having people demand I listen to the latest fascinating news concerning a certain hot musical can feel like being an animation fan whose middle-school second cousin wants to bring me up to speed on this amazing unknown historical genius Chuck Jones (“way more significant than Disney, dude!”). But as a Tubman partisan, I’m glad Jack Lew has decided to do a bit of a walkback on his June decree…
The Wall Street Journal reports the “Treasury Will Delay Announcement on $10 Bill Redesign to 2016”:
The Treasury Department will delay until 2016 the announcement of which woman will be selected for the redesigned $10 bill after an unexpectedly large volume of public feedback prompted officials to extend their months long review, a spokeswoman said Friday.
Treasury Secretary Jacob Lew announced plans in June to put a woman’s portrait on the $10 bill, a spot that has been occupied by Alexander Hamilton, the nation’s founding Treasury secretary, since the 1920s. The department said in June that a decision would be announced by the end of this year following a public campaign to solicit ideas.
They received more than they bargained for from that campaign. While many applauded the decision to put a woman on the bill, some said they were disappointed that a woman wasn’t being put on the more prestigious $20.
The decision also drew surprisingly intense criticism from finance types that revere Mr. Hamilton, who is having something of a moment. A 2004 biography of the financier inspired a critically acclaimed Broadway musical that debuted this summer…
In response to the specific uproar over Mr. Hamilton, Mr. Lew has said Mr. Hamilton won’t come off the currency, creating a subplot that has at times overshadowed the bigger question of which woman will ultimately be featured on the bill…
Currency redesigns are driven primarily by security needs, and a redesign of the $10 bill was already in the works as part of an upgrade that will include tactile features on bills to assist the blind and visually impaired. Government agencies that oversee currency design and security recommended starting with the $10 bill in 2013, and outlined a timetable that could have the bill in circulation as early as 2020, which coincides with the centennial of women’s suffrage.
Mr. Lew hasn’t said whether Mr. Hamilton might ultimately find a home on a separate bill, but he has noted that the entire suite of paper bills is being redesigned. “It will ultimately be the whole series,” he said in July.
Apart from picking apart every damned concession (as us women always do), what’s on the agenda for the day?