Independent Treasury Act of 1840
GPTKB entity
Statements (57)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:bfsLayer |
4
|
| gptkbp:bfsParent |
gptkb:The_Van_Buren_administration
|
| gptkbp:addressed |
government revenue management
|
| gptkbp:affects |
federal government finances
|
| gptkbp:applies_to |
banking regulations
|
| gptkbp:associated_with |
gptkb:Democratic_Party
|
| gptkbp:contributed_to |
development of the U. S. banking system
|
| gptkbp:created |
federal treasury system
|
| gptkbp:effective_date |
1840
|
| gptkbp:enacted_by |
gptkb:legislation
create a secure treasury system secure government funds |
| gptkbp:established |
subtreasuries
|
| gptkbp:historical_debate |
gptkb:legislation
political factions |
| gptkbp:historical_significance |
shift in federal financial policy
|
| https://www.w3.org/2000/01/rdf-schema#label |
Independent Treasury Act of 1840
|
| gptkbp:influenced |
future financial legislation
|
| gptkbp:influenced_by |
economic theories of the time
panic of 1837 |
| gptkbp:is_aimed_at |
stabilizing the economy
reduce reliance on state banks preventing future financial crises reducing the risk of bank runs |
| gptkbp:is_considered |
a landmark legislation
|
| gptkbp:is_considered_as |
a response to economic challenges
|
| gptkbp:is_criticized_for |
potential inefficiencies
political debates of the time opponents of the Democratic Party |
| gptkbp:is_designed_to |
protect government funds from bank failures
|
| gptkbp:is_implemented_in |
gptkb:Martin_Van_Buren
ensure government liquidity |
| gptkbp:is_opposed_by |
gptkb:Whig_Party
banking interests |
| gptkbp:is_part_of |
broader economic reforms
Van Buren administration's policies the Jacksonian economic policy the evolution of U. S. financial systems the history of U. S. monetary policy |
| gptkbp:is_related_to |
gptkb:the_Gold_Standard
|
| gptkbp:is_supported_by |
gptkb:Andrew_Jackson
financial reform advocates proponents of fiscal conservatism |
| gptkbp:led_to |
federal fiscal policy
creation of a more stable currency system |
| gptkbp:part_of |
economic history of the United States
|
| gptkbp:passes_through |
gptkb:the_House_of_Representatives
economic instability the Senate |
| gptkbp:purpose |
establish an independent treasury system
|
| gptkbp:related_to |
financial policy
|
| gptkbp:repealed_by |
gptkb:Independent_Treasury_Act_of_1846
|
| gptkbp:replaced_by |
gptkb:Independent_Treasury_Act_of_1846
|
| gptkbp:resulted_in |
greater control over federal funds
|
| gptkbp:signed_by |
President Martin Van Buren
|
| gptkbp:significant_event |
establishment of a system to manage federal funds
|