from The Century Dictionary.
- noun See
rag money, under rag.
Sorry, no etymologies found.
Have heard Lowell and Hedge lecture, acted in plays, and thanks to our rag-money and good cousin H., have been to the theatre several times -- always my great joy.
The Continental rag-money had ceased to circulate by the end of 1780, and our foreign credit was nearly ruined.
The Democratic politicians and presses heartily seconded their chieftain in this war, promising the people "Benton mint-drops instead of rag-money."