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First Bank of the United States (25 Feb 1791 Jahr – 1 Feb 1811 Jahr)

Beschreibung:

~Founded by Mr. Alexander Hamilton and Federalists
~Bank was granted with a 20-year charter
~Money from taxes were held in the First Bank then issued as representative money in the form of bank notes, backed by gold and silver
~The bank was not geared towards "ordinary people" who needed loans (ec. Farms and small businesses)
~Anti-federalists stated that the constitution does not directly give congress the power to create a National Bank

Zugefügt zum Band der Zeit:

Datum:

25 Feb 1791 Jahr
1 Feb 1811 Jahr
~ 19 years

Abbildungen: