[bank Of The United States]. Gazette Of The United States. ... - Apr 18, 2024 | Potter & Potter Auctions In Il
LiveAuctioneers Logo

lots of lots

[BANK OF THE UNITED STATES]. Gazette of the United States. ...

Recommended Items

item-174188979=1
[BANK OF THE UNITED STATES]. Gazette of the United States. ...
[BANK OF THE UNITED STATES]. Gazette of the United States. ...
Item Details
Description
[BANK OF THE UNITED STATES]. Gazette of the United States. Reprints the by-laws for the regulation of the Bank of the United States. Philadelphia: John Fenno, 12 November 1791. Vol. 3, No. 57. 4pp., folio (400 x 254 mm), old folds, some discoloration to fold. The Bank of the United States was a central bank chartered by the U.S. federal government, created to address financial issues, and establish economic stability. It was first conceived by Alexander Hamilton, the first Secretary of the Treasury, and was established in 1791 in Philadelphia. The bank’s primary functions included holding government funds, issuing banknotes, and regulating state-chartered banks to promote a sound banking system. However, the Bank of the United States became a source of controversy. Critics, including Thomas Jefferson and his political allies, opposed it on the grounds that they believed it concentrated too much financial power in the hands of the federal government and favored the interests of the wealthy. The debate over the bank’s renewal led to its expiration in 1811. A second Bank of the United States was chartered in 1816 but faced similar opposition. In 1832, President Andrew Jackson vetoed the renewal of its charter, leading to the bank’s eventual demise in 1836.
Buyer's Premium
  • 25%

[BANK OF THE UNITED STATES]. Gazette of the United States. ...

Estimate $200 - $300
See Sold Price
Starting Price $100
1 bidder is watching this item.

Shipping & Pickup Options
Item located in Chicago, IL, us
Offers In-House Shipping
Local Pickup Available

Payment
Accepts seamless payments through LiveAuctioneers

Potter & Potter Auctions

Potter & Potter Auctions

badge TOP RATED
Chicago, IL, United States7,834 Followers
TOP