Question

The was a national bank established in 1816. The bank issued credit to farmers and businesses. The bank was chartered by the

Answer 1

Second Bank of United States is the national bank which was established in 1816. The Bank was Chartered by US President James Madison and the charter was given for twenty years.

There were economic crises and inflation fallowing the War of 1812 which lead President Madison to give charter to Second Bank of United States.