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The National Bank was created

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1811 - Congress didn't want to renew there charter. At the time there was over 100 state banks.

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1811 - Congress didn't want to renew there charter. At the time there was over 100 state banks.

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1816 - Congress had set up the second state bank trying to bring order back to the United States banking system. 

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1816 - Congress had set up the second state bank trying to bring order back to the United States banking system. 

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1832 - Again they refused to renew there charter 

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1832 - Again they refused to renew there charter 

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Caused lots of panic

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1863 - 1864 - Congress had passed the National Banking Act setting up the Nation banks system. 

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1863 - 1864 - Congress had passed the National Banking Act setting up the Nation banks system. 

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Gold standard act

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1907 - Many Banks made bad loans which caused lots of panic all around. 

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1907 - Many Banks made bad loans which caused lots of panic all around. 

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1908 - Congress created National Monetary Commission 

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1908 - Congress created National Monetary Commission 

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1913 - Federal Reserve Act, the nations first central bank.

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1913 - Federal Reserve Act, the nations first central bank.

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1933 - Franklin D. Roosevelt ended the panic, declaring a "Bank Holiday". 

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1933 - Franklin D. Roosevelt ended the panic, declaring a "Bank Holiday". 