To: inquest
That was around 1845-6 when there was not such a shortage.
They did. Unfortunately once the Bank of the United States was terminated many of these banks were just scam operations which wildly issued currency that became worthless pretty rapidly.
134 posted on
01/27/2004 1:43:23 PM PST by
justshutupandtakeit
(America's Enemies foreign and domestic agree: Bush must be destroyed.)
To: justshutupandtakeit
many of these banks were just scam operations which wildly issued currency that became worthless pretty rapidly.Hmm, sounds a little like the Bank of the United States circa 1819. The only difference being, that states had the power to regulate the indiscretions of private banks.
140 posted on
01/27/2004 5:05:18 PM PST by
inquest
(The only problem with partisanship is that it leads to bipartisanship)
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