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| | Alexander Hamilton, an excerpt from Financial Founding Fathers: The Men Who Made America Rich by Robert E. Wright and ... |
 | | Those Bank liabilities, in turn, became the nation's principal media of exchange, and could be used to purchase government bonds, other financial securities, or any asset for that matter, without the hassle of counting out payment in the potpourri of foreign coins and local banknotes that Americans had to contend with before the Bank's establishment. |
 | | The Treasury used various methods to achieve financial stability, including the purchase of debt securities, the manipulation of specie payments to banks, the regulation of Treasury drafts, and, when necessary, the addition of funds to ailing banks. |
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| www.press.uchicago.edu /Misc/Chicago/910687.html (11495 words) |
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