Free Banking Era (20h 21min, jan 6, 1837 y – 12h 56min, dec 12, 1867 y)
Description:
Throughout this period, the only banks that existed were state-chartered, rather than chartered by the national Congress. This was a direct result of the Andrew Jackson administration, which denounced banking and destroyed the Second Bank of the United States.Added to timeline:
Date:
20h 21min, jan 6, 1837 y
12h 56min, dec 12, 1867 y
~ 30 years