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15 October, 13:40

What were the effects of abolishing the National bank in 1811?

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  1. 15 October, 16:54
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    It resulted in difficulties in financing the war of 1812

    the Bank of the United States was established in 1791 to serve as a repository for federal funds and as the government's fiscal agent. Failure of Congress to renew its charter led to difficulties in financing war
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