It was Abraham Lincoln who followed his Constitutional right to coin a US currency. President Lincoln created US Greenbacks from 1862–1871, printed by the US mint, delivered to the US Treasury to conduct and pay off the Civil War debt. Yet, after his tragic (if not related) assassination, the country returned and departed again from private banking systems.
President William McKinley, as Ellen Brown writes in her fine book, The Web of Debt, “was a protectionist who favored high tariffs to keep these marauding British free-traders out” and pay for a US Government currency. “When he was assassinated in 1901, no conspiracy was proved; but some suspicious commentators saw the invisible hand of British high finance at work.” And so the battle continued.