Been there tried that
Reader comment on: Romney's Attack on Garage-Based Businesses
Submitted by Lyle (United States), Oct 9, 2012 22:36
Depending upon which state you were in this was the way the banking business worked in the more liberal states from 1836 till 1863. You could open a bank in Podunk, issue notes (which was what banks did at the time) and not have any reference to how much specie (read capital) you had.
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Other reader comments on this item
|⇒ Been there tried that [54 words]||Lyle||Oct 9, 2012 22:36|
|Garage banking [160 words]||Harry Binswanger||Oct 9, 2012 20:46|
|Banks in Garages [23 words]||Gordon Dilmore||Oct 9, 2012 19:07|
|It's OK [17 words]||Dan Calabria||Oct 9, 2012 17:11|
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