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Revolutionary war ends, couple decades past
Need for financial facilitation among public and government to ease debts
Bank 1 goes up (1793)
Land is being bought up like cray; speculation
Hundreds of banks become established in under a decade (from 1793 to 1805)
The south is sketched about it and they think that it is for brit intervention
Government has no control over operations involving the bank
Bank 1 goes down
Anglo American war puts nation into more debt
Private banks extend credit too far with no foresight of repercussions
"Small Treasury Notes" are issued to pay for taxes, duties, and government debt
Economy in shitter
Bank 2 Goes up for 20 year charter (1817)
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