Independent Treasury

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Details

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Independent Treasury was a system for the retaining of government funds in the United States Treasury and its subtreasuries, independently of the national banking and financial systems. In one form or another, it existed from 1846 to 1921. After President Andrew Jackson vetoed the bill to recharter the Bank of the United States, he transferred (1833) government funds from the bank to state banks (the pet banks ). Those banks, however, used the funds as a basis for speculation, which was already rampant and was soon to be further increased by the distribution of the federal surplus among the states.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130440084
    • Genre Medien & Kommunikation
    • Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
    • Anzahl Seiten 196
    • Größe H220mm x B220mm
    • EAN 9786130440084
    • Format Fachbuch
    • Titel Independent Treasury
    • Herausgeber Betascript Publishing

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