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Free Banking Era (18h 26min, jan 31, 1862 y – 18h 59min, jan 25, 1873 y)

Description:

During this time, states were adopting the Michigan Act, which lowered the intense state supervision, but in return, made it easier to make banks unstable.

Added to timeline:

14 Nov 2017
0
0
75
The History of the American Banking system

Date:

18h 26min, jan 31, 1862 y
18h 59min, jan 25, 1873 y
~ 10 years
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