The Beginning of Banking in Minnesota
The Beginning of Banking in Minnesota
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In our eReader you can find the full English version of the book. Read The Beginning of Banking in Minnesota Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Beginning of Banking in Minnesota
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Against paper currency of whatever kind, and recalled to their minds the disaster following the crash in 1837. Active opposition such as this, on the part of the hard money men in the Territory, prevented the establishment at this time of a paper bank as sug- gested.
The so-called Merchants' and Mechanics' Bank, appearing at St. Anthony sometime in June, 1853, was another attempt at paper banking, but it appears that it was not successful in getting its notes into circulation. The Pioneer of Ju...ly 14th, 1853, gives the only information which I have been able to discover concerning this project. The article, which is headed "St. Anthony Bank, " begins with the statement that no mention has been made of this project because, "believing that there was not the most remote pos- sibility of the success of any project of Israel Smith or any other person to flood our Territory with irresponsible paper currency, we did not intend to revert to the subject of the Merchants 7 and Mechanics' Bank at St.
What to read after The Beginning of Banking in Minnesota?
You can find similar books in the "Read Also" column, or choose other free books by Adolph Oscar Eliason to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Against paper currency of whatever kind, and recalled to their minds the disaster following the crash in 1837. Active opposition such as this, on the part of the hard money men in the Territory, prevented the establishment at this time of a paper bank as sug- gested.
The so-called Merchants' and Mechanics' Bank, appearing at St. Anthony sometime in June, 1853, was another attempt at paper banking, but it appears that it was not successful in getting its notes into circulation. The Pioneer of Ju...ly 14th, 1853, gives the only information which I have been able to discover concerning this project. The article, which is headed "St. Anthony Bank, " begins with the statement that no mention has been made of this project because, "believing that there was not the most remote pos- sibility of the success of any project of Israel Smith or any other person to flood our Territory with irresponsible paper currency, we did not intend to revert to the subject of the Merchants 7 and Mechanics' Bank at St.
What to read after The Beginning of Banking in Minnesota?
You can find similar books in the "Read Also" column, or choose other free books by Adolph Oscar Eliason to read onlineMoreLess
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