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Business, 19.07.2019 21:00 heids17043

Why were many u. s. citizens against the second bank of the united states, which was an attempt by congress to restore order in the monetary system in 1816? citizens feared that a central bank placed too much power in the hands of the federal government. citizens feared that there could be a reoccurrence of “the panic of 1807.' citizens believed that the federal reserve districts were not assigned appropriately. citizens believed that the states should not be given power over the banking system.

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