
Saved by Jakob Linder and
America's Bank
Saved by Jakob Linder and
ON DECEMBER 14, 1790, Alexander Hamilton issued another electrifying state paper, this time on the need to charter the first central bank in American history. Capitalized at $10 million, the Bank of the United States would blend public and private ownership; the government would take a 20 percent stake and private investors the remaining 80 percent
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