Topic: Independent Treasury Act
Answers to Common Questions
What was the independent treasury act?
The Act was passed in 1840 and took the federal government out of the nation's banking system. It established federal depositories for public funds instead of keeping the money in national or state (pet) banks. President Martin Van Buren pr... Read More »
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What did the independent treasury act of 1846 do?
Independent Treasury Act of 1846 provided that public funds be kept ... Read More »
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What is the "Independent Treasury Act" from James K Polk?
The act established independent treasury deposit offices separate from priv... Read More »
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Featured Content: Independent Treasury Act
The Democrats won the election of 1844, and re-established the Independent Treasury System in 1846. The Act of August 1846 provided that the public ... More »
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Answers to Other Common Questions
Martin Van Buren Read More »
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It was a system for the retaining of govt. funds in the US Treasury, independent of... Read More »
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The Independent Treasury was a system for the retaining of government fu... Read More »
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War. Without all of the brave soldiers and farmers/townsmen fighting, we wouldn't have achieved anything. Read More »
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buy silver with bond that could be traded for gold Read More »
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It was dangerous because if/when King George III saw your name on that document, you would be killed by the english soldiers, or redcoats. The largest name on that list is John Hancock because he was a patriot and decided that future freedo... Read More »
Source: http://wiki.answers.com/Q/Why+was+signing+it+a+dangerous+act
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