Episode 1 of 2
Legislative Establishment
- When
- 14 March 1875 to 1 January 1876
- Where
- Berlin
The Reichstag passed legislation on 14 March 1875 to establish the Reichsbank, which assumed its role on 1 January 1876.
The Reichsbank was established by legislation of the Reichstag on 14 March 1875. It assumed its new role on 1 January 1876 when it succeeded the Bank of Prussia. This transition followed earlier monetary reforms and the panic of 1873, which stimulated discussions on centralization.
Sources
- Reichsbank Wikipedia
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.