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jan 5, 1863 - 1863 National Banking Act

Description:

Created a national banking system, had war loans, and established a national currency during the Civil War to resolve fiancial crisis. During this act, dual banking took place and the act was amended so the state would be taxed and not federally taxed.

Added to timeline:

2 Dec 2017
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Module 13 Lesson 2 Timeline

Date:

jan 5, 1863
Now
~ 161 years ago

Images:

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