PORTRAIT OF HARRIET TUBMAN TO GRACE NEW $20 BILL

Harriet Tubman, a former slave, and abolitionist who, as a “conductor” on the Underground Railroad helped hundreds of African-Americans escape slavery, will replace former U.S. President Andrew Jackson on the face of the $20 bill. The makeover was announced by U.S. Treasury Secretary, Jacob J. Lew. A smaller image of Jackson will appear on the reverse side of the bill along with White House.

Tubman, who also served as an armed scout and spy for the Union Army during the Civil War, will be the first woman to grace U.S. paper currency since Martha Washington’s portrait briefly appeared on the $1 silver certificate in the late 19th century. A U. S dollar coin minted from 1979 to 1981 and again in 1999, featured Suffragist Susan B. Anthony’s image. Minting of the coin ceased in 2000.

Secretary Lew also announced plans to revise the $10 and $5 bill. While, Alexander Hamilton will remain on the front of the $10 bill, the other side will feature an image of the historic march for suffrage that ended on the steps of the Treasury Department and honor the leaders of the suffrage movement – Lucretia Mott, Sojourner Truth, Susan B. Anthony, Elizabeth Cady Stanton, and Alice Paul. The back of the new $5 bill will honor events at the Lincoln Memorial that helped to shape our history and our democracy and prominent individuals involved in those occasions, including Marian Anderson, Eleanor Roosevelt and Dr. Martin Luther King, Jr. In a letter to the American people, Secretary Lew wrote that, with the changes he outlined, “our currency will now tell more of our story and reflect the contributions of women as well as men to our great democracy.”

The Susan B. Anthony dollar was a United States dollar coin minted from 1979 to 1981, when the series was halted due to poor public reception, and again in 1999.

OTHER NEWS

ESSENCE VENTURES ANNOUNCES ACQUISITION OF ESSENCE COMMUNICATIONS FROM TIME INC.

Essence Ventures LLC, an independent African-American owned company focused on merging content, community, and commerce, recently announced that it acquired Essence Communications Inc. from Time Inc. ESSENCE President Michelle Ebanks will continue at the helm of the company and join its board of directors. In addition, ESSENCE’s executive team, comprised of Black women, will also have an equity stake in the business.

GRATITUDE & GIVING

As we enter the season of gratitude and giving, The Black Women’s Agenda, Inc. (BWA) gives thanks for the 21 women’s organizations – sororities, civic, service, and faith-based – that serve as its National Collaborating Organizations (NCOs) and partners in protecting, securing and advancing the rights of millions of women worldwide. Together with our NCOs, BWA has established numerous programs to support Black women and their families.

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