money/bill-of-exchange market Scotland, 1750-1845 (Cameron); also tied to English system Elements of "Scotch Finance": Banking co-partnerships with branches, freedom of note issue, small notes USA, 1790-1830s (Baskin-Miranti, Timberlake, Sylla) "English Finance" and "Scotch Finance" plus: Central/public bank with branches, chartered & owned in part by US government Competitive corporate banks with ltd. liability and tradable equity, chartered by state governments with fiscal interests in banking, and later (1838-…
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