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Re: the Fed



Why 2 branches in Missouri?

On Tue, Jun 24, 2003 at 07:42:12PM -0400, Doug Henwood wrote:
> Michael Hoover wrote:
>
> >if answer to question about number of banks is no, when did it become
> >12...how many have there been in times past...
>
> Others have answered that it's always been 12 in the same place. My
> contribution is this: no place in the U.S. was supposed to be more
> than a day's train ride from a branch at the time of founding.
>
> Doug

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx



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