[Albert Gallatin by John Austin Stevens]@TWC D-Link book
Albert Gallatin

CHAPTER VI
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Congress refused to prolong its existence, and the institution was dissolved.

Fortunately for the country, it wound up its affairs with such deliberation and prudence as to allow of the interposition of other bank credits in lieu of those withdrawn, and thus prevented a serious shock to the interests of the community.

In the twenty years of its existence from 1791 to 1811 its management was irreproachable.

Its annual dividends from 1791 to 1809 were 8-2/3 per cent., and its stock, always above par, from 1805 to 1809 ranged from 20 to 40 per cent.

premium.
In its numerous and varied relations to the government it had been a useful and faithful servant, and its directors had never assumed the attitude of money kings, of which the Jeffersonian democracy pretended to stand in hourly dread.


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