National Bank Act Of 1863

How Did The Civil War Change The American Currency? The Act entitled “An Act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof,” approved June 3, 1864, shall be known as “The National Bank Act.” The National Bank Act of 1863 was designed to create a national banking system, float federal war loans, and establishContinue reading “National Bank Act Of 1863”