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


Answer: B

History

You might also like to view...

In this German engraving of the revolution in Saint-Domingue, the black rebels are portrayed as

A) rash. B) heroic. C) incompetent. D) cowardly. E) brutal.

History

New immigrants relied on which of the following in helping to adjust to their new country?

A. Protestant charitable organizations B. kinship networks and cultural institutions C. the companies that recruited them for work D. agencies of the federal government

History

Muslim invasions of south Asia can be characterized as ________

A) slow but successful B) brutal and relatively successful C) folk migrations D) a concerted campaign achieving quick success

History

Which of the following was true of free blacks in the South between 1830 and 1860?

a. They often owned land. b. They usually worked as skilled laborers. c. They were legally required to move to a free state or face being enslaved. d. They were not legally permitted to own a gun.

History