Reply #39: Both spellings are accepted, just a matter of preference...

[rasputin1952]

One thing is for sure, those are actually "Treasury Flags" behind them. Only Treasury Flags are to have the gold trimming with the little tassles.

I have to edit this, The gold fringed flags were originally issued to the unit that guarded the Treasury, the Treasury has it's own flag/banner.

On an aside, it was the fringe that John Wilkes Booth caught his boot on, that made him fall awkwardly to the stage below breaking his leg. If I remember correctly, the treasury was assigned to guard the president at the time, there was no Secret Service until US Grant's first term in office.