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feb 1, 1833 - Pet Banks

Description:

Pet Banks is a derogatory term used to described the small banks created by jackson that stored federal funds that had been withdrawn. The Pet Banks were state banks that Jackson transferred federal funds to from the National bank. This was part of the fight against big national banks

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Byaiden baker
3 May 2021
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Date:

feb 1, 1833
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~ 192 years ago
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