The War of 1812 and Chartering the Second Bank of the United States (HOM 22-A)
History of Money, Lecture 22, Pt. A: in 1811 the charter for the First Bank of the United States expired but the nation retained about a little more than one hundred state-chartered banks. In 1812-14, however, the country found itself at war with Great Britain, and the war required unprecedented borrowing. What remained was a mess of state bank notes that were no longer redeemable in coin. In 1816 the Congress chartered a Second Bank of the United States, out of the hope of restoring stability to the financial system.
_______________________________________
If enjoy this channel and would like to support:
https://patreon.com/professorbarth
Follow me on X:
https://twitter.com/Professor_Barth
Buy my book! The Currency of Empire: Money and Power in English America, released June 2021 with Cornell University Press. Order your copy now.
https://www.amazon.com/Currency-Empire-Seventeenth-Century-English-America/dp/1501755773/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1611158577&sr=8-1
_______________________________________
Dr. Jonathan Barth received his PhD in history from George Mason University in 2014. He specializes in the history of money and banking in the early modern period, with corollary interests in early modern politics, empire, culture, and ideas. Barth is Associate Professor of History at Arizona State University and Associate Director of the Center for American Institutions at Arizona State University.
_______________________________________
Visit my website https://www.professorbarth.com/
_______________________________________
Disclaimer: The views and opinions expressed on this channel are my own and do not reflect the views of Arizona State University, nor are any of the views endorsed by Arizona State University.
-
18:01
Professor Barth
28 days agoThe Second American Party System on the Eve of the Bank War (HOM 23-A)
91 -
33:32
Professor Barth
28 days agoThe Independent Treasury System and Free Banking Era in Antebellum America (HOM 24)
131 -
43:33
FreedomFlicks
1 year agoAll Wars Are Bankers' Wars (2016)
316 -
12:56:34
Evergreen0I0AM
1 month agoA History of Money and Banking in the United States
10 -
7:20
THE ZACC STACC
1 year agoAlexander Hamilton and the First Bank of the United States
49 -
42:08
Question everything, even your questions.
9 months agoMoney, Banking, and the Federal Reserve
332 -
1:30:11
Follow The White Rabbit™ 🐇
8 months ago⬛️💰🔺Century of Enslavement: The Fraudulent History of The Federal Reserve ▪️ Corbett Report 💵
2.85K3 -
34:57
Info Matrix
6 months agoA Brief History on the United States CORPORATION
8559 -
43:33
RAVries
1 year agoALL WARS ARE PRIVATE BANKERS WARS. STOP COLLABORATING With Our Common Enemy, FULFILLING THEIR New World Order PLAN!
15.6K35 -
42:08
HistoryMythsLegends
1 year agoMoney, Banking and the Federal Reserve
57