31 dic 1836 anni - Free Banking Era
Descrizione:
This was caused by poor banks.
Many new banks formed
Charter laws not very orderly
Brought with it:
The removal of federal funds from the Bank of the United States and from other banks.
A distribution of the federal surplus from these banks to state banks.
A requirement that gold and silver coin be used to buy public lands (which leads to falling land sales and coin shortages).
Aggiunto al nastro di tempo:
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