New Billfolds Necessary as Result of Change in Currency (Sep, 1929)
New Billfolds Necessary as Result of Change in Currency
WITH the recent change in size of the currency of the United States comes the consequent revisal in the design and size of wallets and billfolds. The new bills have been reduced in length from 7-38 inches to 6-3/8 inches. The width has been shortened from 3-1/8 inches to 2-3/4 inches.
The innovation of this new policy of the U. S. Treasury took place on July 1. At that time all new currency issued by banks was given out in the smaller form. The old bills will be used until they are withdrawn from circulation.
Considerable saving in the amount of paper used in the manufacture of treasury notes will be effected by this change, and currency will also be much easier to handle. Smaller wallets also mean that a man’s hip pockets will not bulge out as if they were stuffed with a half dozen handkerchiefs.