apr 11, 1836 - End of the National Bank
Description:
The National Bank charter was not renewed by Jackson in 1836- President Jackson removed federal funds from the national bank and redistributed them to state banks
- Nicholas Biddle, President of the National Bank, fought Jackson by attempting to create a financial crisis
- there would be no national banking system until 1863
Added to timeline:
Date:
apr 11, 1836
Now
~ 188 years ago
