Aldrich–Vreeland Act

E47886

The Aldrich–Vreeland Act was a 1908 U.S. law that created emergency currency provisions and laid groundwork for banking reform in response to the Panic of 1907.

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AI-generated illustration of Aldrich–Vreeland Act

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 Aldrich–Vreeland Act (The Aldrich–Vreeland Act was a 1908 U.S. law that created emergency currency provisions and laid groundwork for banking reform in response to the Panic of 1907.)

All labels observed (2)

How this entity was disambiguated

Statements (40)

Predicate Object
instanceOf United States federal law ⓘ
banking law ⓘ
allowedCollateral corporate bonds ⓘ
other approved securities ⓘ
state and municipal bonds ⓘ
appliesTo certain state banks and trust companies ⓘ
national banks in the United States ⓘ
authorized issuance of emergency currency ⓘ
national currency associations ⓘ
country United States ⓘ
created National Monetary Commission ⓘ
dateEnacted 1908-05-30 ⓘ
economicDomain banking regulation ⓘ
monetary policy ⓘ
enactedDuring 60th United States Congress ⓘ
followedBy Federal Reserve Act ⓘ
historicalEra Progressive Era ⓘ
inForceDuring Panic of 1914 ⓘ
introducedBy Edward Vreeland ⓘ
Nelson W. Aldrich ⓘ
laidGroundworkFor Federal Reserve System ⓘ
legalStatus superseded ⓘ
legislativeChamber United States House of Representatives ⓘ
United States Senate ⓘ
namedAfter Edward Vreeland ⓘ
Nelson W. Aldrich ⓘ
policyType emergency currency provision ⓘ
precededBy National Banking Acts ⓘ
presidentAtEnactment Theodore Roosevelt ⓘ
purpose to provide emergency currency in times of financial crisis ⓘ
to stabilize the U.S. banking system after the Panic of 1907 ⓘ
responseTo Panic of 1907 ⓘ
section provisions authorizing national currency associations ⓘ
provisions establishing the National Monetary Commission ⓘ
shortDescription 1908 U.S. law creating emergency currency provisions and initiating banking reform after the Panic of 1907 ⓘ
signedBy Theodore Roosevelt ⓘ
subjectOf United States monetary reform debates in the early 20th century ⓘ
supersededBy Federal Reserve Act of 1913 ⓘ
usedFor issuance of emergency currency in 1914 ⓘ
yearEnacted 1908 ⓘ

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Referenced by (6)

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

Federal Reserve Act of 1913 → replaced → Aldrich–Vreeland Act ⓘ
Nelson W. Aldrich → notableWork → Aldrich–Vreeland Act ⓘ
Panic of 1907 → followedBy → Aldrich–Vreeland Act ⓘ
Panic of 1907 → regulatoryResponse → Aldrich–Vreeland emergency currency provisions ⓘ
linked to: Aldrich–Vreeland Act
National Monetary Commission → authorizedByStatute → Aldrich–Vreeland Act ⓘ