During the Civil War, Congress and the Treasury Department

a. outlawed the issuance of bank notes by state banks.
b. created a national banking system with the authority to issue national bank notes.
c. established the Independent Treasury System.
d. reformed the national banking system to insure its responsiveness to local needs, irrespective of region.


b

History

You might also like to view...

What was the result of Paris Peace Conference?

A. The Allies applied the principle of self-determination to all former colonial empires. B. The Allies established free trade among all of the world's industrialized nations. C. The Allies accepted Wilson's arguments in favor of a small indemnity against Germany. D. The Allies created a chain of pro-Western buffer states around Russia.

History

In the North and the Chesapeake regions after the war, free African Americans took advantage of the broadening concept of freedom and moved to rural areas

Indicate whether the statement is true or false.

History

For most of the seventeenth century, the Dutch were more active overseas than the French

a. True b. False Indicate whether the statement is true or false

History

Which of the following descriptions best depicts the Rococo style?

a. the profuse use of strict geometric patterns b. emphasis on largeness and majesty c. a fondness for curves and emphasized grace, charm, and gentle action d. a rejection of the effort to seek love, joy, and pleasure in favor of religious imagery e. stress on formal order

History