Richard Williams Email
Chief Police . Federal Reserve Bank of Dallas
Dallas, TX
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People who lived during the early 1900s used banks much as we do today. They deposited their money into savings accounts and borrowed money to build a home or start a business. When people borrowed money, banks issued them banknotes, which the borrowers spent the way we spend paper money today. The public valued these banknotes as money because banks promised to exchange them for gold or silver on demand.Federal Reserve Bank of Dallas Address
2200 N. Pearl St.Dallas, TX
United States