Document Bank of Virginia
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  • Tags: Economics

The Federal Reserve Bank in Richmond  1939.jpg
The Federal Reserve System, sponsored by Virginia State Senator Carter Glass, was signed into law on December 23, 1913 by President Woodrow Wilson. In 1914, the city of Richmond was selected to be the home to one of 12 central bank locations and was…

Yorktown Tea Party 1774_10_0264_002.jpg
In May 1773 the British Parliament passed the Tea Act granting the British East India Company a monopoly on importing tea. Intended in part to discourage colonists from buying smuggled tea on which they paid no taxes, the act implicitly acknowledged…

republican_backwards.jpg
Amid the Great Depression, Franklin D. Roosevelt won the presidential election over Herbert Hoover making him the first Democratic president in 12 years. As President, FDR took quick action, through his New Deal initiative, to provide relief to…

colliery.jpg
In rural areas across the state local stores, such as the Pocahontas Colliery Store in Tazewell County, were often the centers of commerce and provided gathering places for community residents. In the 19th century stores in these rural communities…

SeaboardRR.jpg
The Seaboard Air Line (SAL) Railway was chartered from April 14, 1900, until July 1, 1967, when it was merged with another railroad line, Atlantic Coast Railroad to form the Seaboard Coast Line Railroad. The SAL Railway originated from several…

Puck_1897-03-24_bicycle_15_1146_016.jpg
By the 1870s, bicycles and tricycles using wire-spoked wheels were common, particularly in England. Albert A. Pope became the first American bicycle manufacturer under the trade name “Columbia” in Connecticut in 1878.The popularity of bicycles in…

Salem_map_1878_15_1177_006.jpg
Salem, Virginia, is an independent city within the boundaries of Roanoke County. The first known European exploration of the area occurred in 1671. Thomas Batts and Robert Fallam gave the area its first recorded name: Totero Town, after the local…

Southwest Va_map_14_0451_001_1886.jpg
Long associated with coal mining, southwest Virginia has an impressive list of other industries including farming, salt production, timber, and the mining of lead, copper, gypsum, and iron. These industries helped the region become known as the…

Washington Co_map_1890_12_0078_001_22x17.jpg
Washington County is one of the first known localities in the United States to be named for George Washington. He had been commander in chief of the Continental army for little more than a year when Washington was created from Fincastle County in…

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VirginiaSprings.jpg
Western Virginia's mineral-spring resorts were extremely popular in the 19th century. Travelers from throughout the United States, but especially from southern states, visited the resorts. There people would take in the "cure" or spring water, enjoy…
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