Bank of the United States

Bank of the United States -...

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Bank of the United States - ∙ The Bank of the United States was a centralized federal  institution devoted to the control of the national economy. Originally conceived by  Alexander Hamilton, it fell in and out of favor in the ensuing decades, supported by  advocates of strong government and decried by those who valued local and state rights.  The fiercest opponent of the National Bank was Andrew Jackson, who waged a savage  war against it during the 1830s. Eventually, the necessity of federal involvement in  financial affairs was conceded as a given, and today the Federal Reserve Board wields  unsurpassed power over the world economy.  Barbary States - ∙ The Barbary States are the present-day countries of Morocco,  Algeria, Tunisia, and Libya. Barbary, which in Latin means "foreign," designated the  nature of this territory in relation to the Roman Empire, and the name has stuck. As 
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This note was uploaded on 12/28/2011 for the course HIST 101 taught by Professor Womer during the Fall '08 term at Texas State.

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