Showing results for "Das System" in Revolution & Founding

Debates over paper money and banking are older than the United States of America itself. Eighteenth and 19th century Americans were deeply ambivalent about paper money and central banks, and political fights over these issues were among the bitterest in American history. In fact, controversies over the country’s central bank birthed both the first (1792-1824) and second (1828-1852) party systems. Frequently, policymakers crafted responses to the crisis at hand, and as a result, they implemented policies that were inadequate to the challenges the country faced in the future.

Although the separate history of the commonwealths is, for the most part, merged into that of the nation, the national history grows steadily more complex … The special function of this volume in the American Nation series is to describe the foundations of the present American party system and its application to the extremely difficult problems of that time …