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More information is needed. I checked designs going back to the first small-sized notes introduced in the 1920s and none of them include that phrase. If you have a bill from 1935 or 1957, someone probably printed it on the bill after it left the BEP facility. If it's earlier than 1935, please post a new question with more details including date and design. Thanks!

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16y ago
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Q: What does UP Ladder mean on a Silver Certificate one dollar bill?
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