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jan 1, 1863 - National Bank Act

Description:

The National Bank Act was created to establish a national banking system, lower war loans, and create a currency for the United States. This was passed to help the country recover from the Civil War. This act allowed banks to have a state or federal charter which is known as duel banking.

Added to timeline:

Addison McKinney

ByAddison
28 Nov 2017
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Date:

jan 1, 1863
Now
~ 163 years ago

Images:

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