1. American Bank System
... the Bank of North America, was established in 1781. "British merchant banking houses stood at one end of a long chain of credit that stretched to the American frontier. They gave short-term (less than a year) credits to American merchants who then extended them to wholesalers of their imports, ... battles that took place between Alexander Hamilton and Thomas Jefferson at the close of the 18th century. Indeed, the underpinnings of the entire American political economy can be traced back to that turbulent and important period. It is probably useful to start by discussing the thoughts of ....
- Word Count: 3632
- Approx Pages: 15
- Has Bibliography
- Grade Level: Undergraduate