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The Second Bank of the United States was the second federally authorized Hamiltonian national bank in the United States. Located in Philadelphia, Pennsylvania, the bank was chartered from February 1816 to January 1836.
The Old Second National Bank of Aurora is a historic building in Aurora, Illinois. It was designed in the Prairie School style by George Grant Elmslie, and was one of his last commissions.
The Bank War was a political struggle that developed over the issue of rechartering the Second Bank of the United States (B.U.S.) during the presidency of Andrew Jackson (1829–1837). The affair resulted in the shutdown of the Bank and its replacement by state banks.
The Second Bank of the United States opened in January 1817, six years after the First Bank of the United States lost its charter. The predominant reason that the Second Bank of the United States was chartered was that in the War of 1812, the U.S. experienced severe inflation and had difficulty in financing military operations. Subsequently ...
An Old National Bank location in Granger, Indiana. The bank was founded in 1834 as Evansville's first bank. It has operated under several names, including Evansville National Bank and Old State National Bank. In 1922, it was officially named Old National Bank.
The Federal Reserve System is the third central banking system in United States history. The First Bank of the United States (1791–1811) and the Second Bank of the United States (1817–1836) each had a 20-year charter.
From 1823 to 1836, Biddle served as president of the Second Bank, during which time he exercised power over the nation's money supply and interest rates, seeking to prevent economic crises. [2] [3] [4]
After five years, the federal government chartered its successor, the Second Bank of the United States (1816–1836). James Madison signed the charter with the intention of stopping runaway inflation that had plagued the country during the five-year interim.
The park contains other historic buildings, such as the First Bank of the United States, the first bank chartered by the United States Congress, and the Second Bank of the United States, which had its charter renewal vetoed by President Andrew Jackson as part of the Bank War.
Berenberg Bank is the oldest bank in Germany and the world's second oldest, established in 1590 by Dutch brothers Hans and Paul Berenberg in Hamburg. The bank is still owned by the Berenberg dynasty .
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