Grover Cleveland, the 22nd and 24th President of the United States, is featured on the $1000 bill due to his significant contributions to the country during his presidency. The $1000 bill, also known as the ‘Grand Watermelon’ note, was part of a series of high-denomination bills issued by the U.S. Treasury. These bills were primarily used for large financial transactions between banks and were not commonly circulated among the general public.
Cleveland’s inclusion on the $1000 bill is a testament to his impact on American history. He is remembered for his efforts to reform the civil service, his stance against corruption, and his commitment to fiscal conservatism. His presidency was marked by a focus on reducing government spending and maintaining the gold standard, which were crucial policies during a time of economic uncertainty.
Although the $1000 bill is no longer in circulation and was officially discontinued in 1969, Grover Cleveland’s legacy continues to be honored through his depiction on this rare and historic currency.