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Continental currency
America attempted to make currency to get themselves out of debt resulting from war. This move was unsuccesful, until they tried again after the Civil war. -
First National Bank
The President, Directors and Company, of the Bank of the United States, commonly known as the First Bank of the United States, was a central bank, chartered for a term of twenty years, by the United States Congress on February 25, 1791 -
U.S. Mint
Secretary of the Treasury Alexander Hamilton personally prepared plans for a national Mint. On April 2, 1792, Congress passed The Coinage Act, which created the Mint and authorized construction of a Mint building in the nation's capitol, Philadelphia. This was the first federal building erected under the Constitution. -
Civil war
The civil War -
In God We Trust
Many letters were being made to the President of Treasury resulting from the increased religious beliefs -
Creation of the dollar bill
This first dollar bill was issued as a Legal Tender Note. -
National Bank Notes
Any bank that had a national charter had the option of depositing bonds with the federal government. The bonds would then act as collateral for the bank to issue its own bank notes with the bank's name, town, and officer's signatures featured on the face of the note. -
Federal Reserve Act
intended to establish a form of economic stability through the introduction of the Central Bank, which would be in charge of monetary policy, into the United States. -
Stock Market Crash
As more people invested in the stock market, stock prices began to rise. This was first noticeable in 1925. Stock prices then bobbed up and down throughout 1925 and 1926, followed by a strong upward trend in 1927. The strong bull market (when prices are rising in the stock market) enticed even more people to invest. And by 1928, a stock market boom had begun. People desperate to become rich began to spend money they didn't have when everyone ran out of money the stocks crashed. -
50 states quarters program act
The 50 State Quarters Program Act began in 1999 and ran through 2008, with five new quarters released every year. The quarters were released in the order that the states joined the union. Each quarter features a different state design on the back.
