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The National Bank Act

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The National Bank Act

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The National Bank Act of 1863 resurrected the Hamiltonian idea of a national banking system. It established a national currency and permitted the creation of a network of national banks. As an aside, President Andrew Jackson had abolished the National Bank in 1833 by removing all government funds and refusing to issue a new charter for it.

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The National Bank Act of 1863

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The National Banking Act (A)

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