Let's End the Confusion. Basis Weight. The basis weight of a paper is the designated fixed weight of 500 sheets, measured in pounds, in that paper's basic sheet size. It is important to note that the basic sheet size is not the same.
Today, we're going to focus on paper currency, like the $1 bill. The BEP began in 1862, when only six people created money by hand in the basement of the Treasury building. Today, the BEP has two facilities. The Washington, D.C., site opened in 1914. A newer facility in Fort Worth, Texas, opened in 1991 to meet increased demand for currency.
In God We Trust first appeared on U.S. coins in 1864 and has appeared on paper currency since 1957. A law passed in a Joint Resolution by the 84th Congress (P.L. 84-140) and approved by President Dwight Eisenhower on July 30, 1956 declared In God We Trust must appear on American currency. This phrase was first used on paper money in 1957, when it appeared on the one-dollar silver certificate.