<span>In 1832, President Andrew Jackson refused to re-charter the Bank of the United States, opting instead to deposit government funds in select state or “pet' banks. The state banks, facing little regulation, freely loaned paper money to virtually anyone who asked for it. A flurry of land speculation and inflation followed. To curtail these alarming trends, Jackson issued the Species Circular on July 11, 1836. The executive order meant that federal land could no longer be bought with paper money, but only with gold or silver. In Jackson's view, this “hard' money was the only currency that could be trusted.</span>
The grange movement began when <span>Kelley in 1867 began as an organization "the </span><span>Patrons of Husbandry" he hoped this would bring farmers together for educational discussions and social purposes.</span>
If Oliver would like to make the most money out of his savings account, he should check it daily.
James Madison,Jr is your aswer hope this helps