13. Death of the First Bank
Length: {2:10 minutes}
In 1811, a bill to renew the charter of the First Bank of the United States faced intense debate in Congress. Both Pennsylvania and Virginia legislatures passed resolutions urging Congress to terminate the bank, and the press heavily criticized it, labeling it a “great swindle” and “vulture.”
Congressman P.B. Porter warned that renewing the bank’s charter would embed a dangerous entity within the Constitution. Despite alleged threats from Nathan Rothschild predicting a disastrous war if the charter wasn’t renewed, the bill was narrowly defeated in the House and deadlocked in the Senate. Vice President George Clinton cast the tie-breaking vote, ending the bank’s charter.
Within five months, the War of 1812 began, but due to Britain’s ongoing conflict with Napoleon, the war ended in a stalemate in 1814. Although the bank was temporarily defeated, it was reestablished two years later, stronger than before.
but the videos in the index below will also end correctly.
- INDEX (with correct start and stop times opening in a new window):
- 1. Intro {10:38 minutes}
- 2. The Money Changers {1:14 minutes}
- 3. Roman Empire {1:35 minutes}
- 4. The Goldsmiths {4:40 minutes}
- 5. Talley Sticks {4:55 minutes}
- 6. The Bank of England {4:20 minutes}
- 7. The Rise of the Rothschilds {5:35 minutes}
- 8. The American Revolution {6:30 minutes}
- 9. The Bank of North America {2:35 minutes}
- 10. The Constitutional Convention {2:51 minutes}
- 11. First Bank of the United States {4:20 minutes}
- 12. Napoleon’s Rise To Power {2:41 minutes}
- >>13. Death of the First Bank {2:10 minutes}<<
- 14. Waterloo {6:05 minutes}
- 15. Second Bank of the U.S. {1:20 minutes}
- 16. Andrew Jackson {9:52 minutes}
- 17. Abe Lincoln {16:23 minutes}
- 18. The Return of the Gold Standard {10:41 minutes}
- 19. Free Silver {5:10 minutes}
- 20. J.P. Morgan and the Crash of 1907 {4:55 minutes}
- 21. Jekyll Island {11:45 minutes}
- 22. Fed Act of 1913 {11:37 minutes}
- 23. World War I {7:21 minutes}
- 24. Great Depression {13:58 minutes}
- 25. FDR/WWII {13:00 minutes}
- 26. IMF/World Bank {11:51 minutes}
- 27. Conclusions {27:52 minutes}
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