Encyclopedia > National Banking Act

Article Content

National Banking Act

The National Banking Act of 1863 raised money for the Union in the United States Civil War by enticing banks to buy federal bonds, and taxed state bonds out of existence.

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

Wheatley Heights, New York

... total population of 5,013. Geography Wheatley Heights is located at 40°45'43" North, 73°22'1" West (40.761998, -73.366895)1. According to the United Stat ...