Assorted References. 1  American Civil War (in Remembering the American Civil War: The poetry and songs of the Civil War) 2  imagergy (in poetic imagery) 3  importance to literature (in literature: The scope of literature) 4  translation difficulties (in language: Translation)
It was created on December 23, 1913, with the enactment of the Federal Reserve Act in response to a series of financial panics (particularly the panic of 1907) that showed the need for central control of the monetary system if crises are to be avoided.
established in december 1913. it is the act that created the federal reserve system, the central banking system of the united states, which was signed into law by woodrow wilson. it regulated banking to help smaller banks stay in business.stablished in december 1913. it is the act that created the federal reserve system, the central banking system of the united states, which was signed into law by woodrow wilson. it regulated banking to help smaller banks stay in business.