Comparing The National Banking Acts Of 1863 And 1864

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1. National Banking Acts of 1863 and 1864
The National Banking Acts of 1863 and 1864 were attempts to assert some degree of federal control over the banking system without the formation of another central bank. The Act had consists three primary purposes such as (1) create a system of national banks, (2) to create a uniform national currency, and (3) to create an active secondary market for Treasury securities to help finance the Civil War (for the Union 's side). 2. Federal Reserve Act 1913 60
The Federal Reserve Act 1913 was a U.S. legislation that created the current Federal Reserve System.
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