Banking and Finance.
Encouraged by Alexander Hamilton, Robert Morris persuaded the Continental Congress to charter the Bank of North America in 1781. It lent money to the cash-strapped Revolutionary government as well as to private citizens and served as a model for later commercial banks. Like the Bank of North America, most early banks lent money conservatively. Most such banks, which were chartered by the states to serve the public interest, were also partly state-owned.... ...
Access to the complete content on Oxford Reference requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
Please subscribe or login to access full text content.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.
For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.
