Following the Civil War, the amount of currencies issued by state banks decreased due to <span>B. heavy taxes
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In 1790, the national bank Hamilton established: national currency
By the time national currency was established, it mandated people who live in the country to only acknowledged the national currency as the standard medium of exchange for every transaction. This was a part of the agreement that was made on the Constitutional Convention on September 17, 1787.
The Preamble is the opening statement to the United States Constitution. The preamble explains the reasons why the Framers of the Constitution made our government a republic. By doing this, the founding fathers replaced the Articles of Confederation
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