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first bank of united states
Congress passed a law creating the first bank if the United States -
Bank was gone
In 1811 the bank had failed operation -
Second bank of the United States
Without the bank the economy was a disaster. So, Congress created a new bank -
Presidential election of 1816
James Monroe won the presidential election of 1816 -
Tariff of 1816
It put a tax on iron, leather goods, paper etc.
