Whig (nationalist) President Tyler signs the Independent Treasury Repeal Act of 1841, withdrawing federal funds from the sub-treasuries across the Union, and returning them to “pet” private banks run by speculators.
[restored 1/15/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 115.
Independent Treasury Act of 1840: History and Significance – LegalClarity
legalclarity.org/independent-treasury-act-of-1840-history-and-significance/
U.S. Banking Timeline.
www.libertyforlife.com/banking/currency-us-timeline.html
Current U.s. National Debt:
