Reading Comprehension (RC) | Re: The National Bank Act was passed in 1864 to provide a uniform currency

Hi tam1na,

Up to this point, the United States hadsome 1,500 state banks issuing their own notes, which circulated as money – not government money, but bank money. At the time of the Civil War, there were about7,000 different types of legitimate bank notes in circulation, to say nothing of several thousand kinds of counterfeit notes.

Thus Prior to 1864, some state banks issued more than one type of bank note.

Hope this helps!!
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