National Banking Act of 1863

E25923

The National Banking Act of 1863 was a U.S. Civil War–era law that created a system of nationally chartered banks and a uniform national currency, reshaping the American banking and monetary system.

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AI-generated illustration of National Banking Act of 1863

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the National Banking Act of 1863 (The National Banking Act of 1863 was a U.S. Civil War–era law that created a system of nationally chartered banks and a uniform national currency, reshaping the American banking and monetary system.)

All labels observed (10)

How this entity was disambiguated

Statements (41)

Predicate Object
instanceOf United States federal statute ⓘ
banking law ⓘ
monetary law ⓘ
aimedToReduce state bank–issued banknotes ⓘ
alsoKnownAs National Currency Act ⓘ
appliesTo national banks in the United States ⓘ
authorized national bank charters ⓘ
context Union government war financing measures ⓘ
country United States ⓘ
created national banking system ⓘ
enactedDuring American Civil War ⓘ
enactedIn 1863 ⓘ
field banking ⓘ
financial regulation ⓘ
monetary policy ⓘ
followedBy National Bank Act of 1864 ⓘ
historicalPeriod Civil War era ⓘ
impact centralized banknote issuance under federal authority ⓘ
encouraged purchase of U.S. government bonds ⓘ
reduced monetary fragmentation among U.S. states ⓘ
introduced federal oversight of nationally chartered banks ⓘ
jurisdiction United States federal government ⓘ
legalForm Act of Congress ⓘ
legislativeBody United States Congress ⓘ
purpose to create a system of nationally chartered banks ⓘ
to establish a uniform national currency ⓘ
to help finance the Union war effort ⓘ
to strengthen the federal government’s control over banking ⓘ
reformed United States banking system ⓘ
United States monetary system ⓘ
regulates chartering of national banks ⓘ
issuance of national bank notes ⓘ
relatedTo Legal Tender Acts ⓘ
National Bank Act of 1864 ⓘ
required national banks to hold U.S. government bonds as backing for banknotes ⓘ
resultedIn issuance of national bank notes ⓘ
more uniform U.S. paper currency ⓘ
signedBy Abraham Lincoln ⓘ
subjectMatter bank regulation ⓘ
currency issuance ⓘ
public finance ⓘ

How these facts were elicited

Referenced by (23)

Full triples — surface form annotated when it differs from this entity's canonical label.

National Bank Note → introducedBy → National Banking Act of 1863 ⓘ
National Bank Note → relatedTo → National Banking Act of 1864 ⓘ
linked to: National Banking Act of 1863
Office of the Comptroller of the Currency → legalBasis → National Currency Act ⓘ
linked to: National Banking Act of 1863
Office of the Comptroller of the Currency → legalBasis → National Bank Act ⓘ
linked to: National Banking Act of 1863
National Banking Act of 1863 → followedBy → National Bank Act of 1864 ⓘ
linked to: National Banking Act of 1863
National Banking Act of 1863 → alsoKnownAs → National Currency Act ⓘ
linked to: National Banking Act of 1863
National Banking Act of 1863 → relatedTo → National Bank Act of 1864 ⓘ
linked to: National Banking Act of 1863
Aldrich–Vreeland Act → precededBy → National Banking Acts ⓘ
linked to: National Banking Act of 1863
Glass–Owen Act → replacedSystem → National Banking System ⓘ
linked to: National Banking Act of 1863
Independent Treasury System → relatedTo → National Banking System ⓘ
linked to: National Banking Act of 1863
Office of the Comptroller of the Currency → legalBasis → National Currency Act of 1863 ⓘ
subject linked to: OCC
linked to: National Banking Act of 1863
Office of the Comptroller of the Currency → legalBasis → National Bank Act of 1864 ⓘ
subject linked to: OCC
linked to: National Banking Act of 1863
President of the United States (for the Comptroller of the Currency) → exercisesPowerUnder → National Bank Act ⓘ
linked to: National Banking Act of 1863
Legal Tender Act of 1862 → relatedTo → National Banking Acts ⓘ
linked to: National Banking Act of 1863
Presidency of Abraham Lincoln → significantEvent → National Banking Acts ⓘ
linked to: National Banking Act of 1863
Federal Deposit Insurance Act → relatedTo → National Bank Act ⓘ
linked to: National Banking Act of 1863
Banking Code of the United States → includes → National Bank Act ⓘ
linked to: National Banking Act of 1863
12 CFR Part 3 → authorityFrom → National Bank Act ⓘ
linked to: National Banking Act of 1863
Federal Deposit Insurance Act → relatedTo → National Bank Act ⓘ
subject linked to: FDIA
linked to: National Banking Act of 1863
Gold Standard Act of 1900 → relatedTo → National Banking Acts ⓘ
linked to: National Banking Act of 1863
Resumption of Specie Payments Act of 1875 → relatedTo → National Banking Acts ⓘ
linked to: National Banking Act of 1863
38th United States Congress → enacted → National Bank Act amendments ⓘ
linked to: National Banking Act of 1863
Veazie Bank v. Fenno → hasRelatedLegislation → National Bank Acts ⓘ
linked to: National Banking Act of 1863