4Ground 28mm Old West Terrain First National Bank (Pre-Painted) Box MINT
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Powered by Frooition Pro Shop Search 4Ground Dead Man's Hand - Old West Buildings 28mm First National Bank (Pre-Painted) (MINT/New) full size. Full Size Image Item Description 4Ground Dead Man's Hand - Old West Buildings 28mm First National Bank (Pre-Painted) (MINT/New)Manufacturer: 4GroundProduct Line: Dead Man's Hand - Old West Buildings 28mmType: Miniatures Box SetCode: FGR28S-DMH-115Copyright Date: 2014Product Description:North America's original 'first' national bank was chartered in 1791, lasting for just over 20 years. After the war of 1812 (in 1816) a second (first) national bank was chartered but by the 1830's this was considered a corrupt institution and in 1836 it did not have it's charter renewed. With all federal payments having to be made with either gold or silver the economy went into a four year recession. From 1837, without a National Bank for North America, individual States started to charter their own National (State) banking corporations.With these new chartered National (State) Banks, States had enabled the printing of paper certification (bank promissory notes), rather than other forms of barter/payment. All this enabled better transfer of funds and so enabled renewed commercial growth. Within only a few years there were many hundreds of State chartered banks (the first one chartered in each State would style
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