Folding money

Well it’s about time. Jackson is out, Tubman is in.

Treasury Secretary Jacob J. Lew on Wednesday announced the most sweeping and historically symbolic makeover of American currency in a century, proposing to replace the slaveholding Andrew Jackson on the $20 bill with Harriet Tubman, the former slave and abolitionist, and to add women and civil rights leaders to the $5 and $10 notes.

Mr. Lew may have reneged on a commitment he made last year to make a woman the face of the $10 bill, opting instead to keep Alexander Hamilton, to the delight of a fan base swollen with enthusiasm over a Broadway rap musical named after and based on the life of the first Treasury secretary.

Good god – is that why? Because there’s a Broadway musical about him? Are we that dense?

Tubman, an African-American and a Union spy during the Civil War, would bump Jackson — a white man known as much for his persecution of Native Americans as for his war heroics and advocacy for the common man — to the back of the $20, in some reduced image along with the White House. Tubman would be the first woman so honored on paper currency since Martha Washington’s portrait briefly graced the $1 silver certificate in the late 19th century.

Trail of Tears, you know. Jackson was the guy who kicked the Cherokees off all that fertile land in the Southeast and in exchange gave them some nice arid plains in Oklahoma. Of course he made them walk there. Lots died on the journey.

The picture of the Treasury building on the back of the $10 bill would be replaced with a depiction of a 1913 march in support of women’s right to vote that ended at the building, along with portraits of five suffrage leaders: Lucretia Mott, Sojourner Truth, Elizabeth Cady Stanton, Alice Paul and Susan B. Anthony, who in more recent years was on an unpopular $1 coin until minting ceased.

On the flip side of the $5 bill, the Lincoln Memorial would remain, but as the backdrop for the 1939 performance there of Marian Anderson, the African-American classical singer, after she was barred from singing at the segregated Constitution Hall nearby. Sharing space on the rear would be images of Eleanor Roosevelt, who arranged Anderson’s Lincoln Memorial performance, and the Rev. Dr. Martin Luther King Jr., who in 1963 delivered his “I have a dream” speech from its steps.

That’s really kind of exciting.

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