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The E-Sylum: Volume 6, Number 21, May 25, 2003, Article 13 MORRIS' MIRRORS An article in a local paper mentioned an interesting tidbit about Robert Morris, the financier of the American revolution. It came from a book by Eleanor Young titled "Forgotten Patriot: Robert Morris." As a founder of first Bank of North America, a forerunner of the Federal Reserve System, Morris knew "... there was always a danger that investors would make a run on the bank and deplete its store of gold and silver coin. And so, according to biographer Eleanor Young, Morris fitted the bank vault with mirrors that "multiplied the coins, dazzling the eyes of the spectators." Having seen such wealth, the public felt no need to withdraw any of it." For the full text of the article, see: http://www.pghcitypaper.com/archives/newsarch/ask/ask03/ya052103.html Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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