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This is my piece, you fellows can have that side by Frederick T. Richards (1864-1921), 1/8/1914

"From December 1912 to December 1913, the Glass-Willis proposal was hotly debated, molded and reshaped. By December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law, it stood as a classic example of compromise—a decentralized central bank that balanced the competing interests of private banks and populist sentiment."

Source:Federal Reserve Education website, a product of the Federal Reserve

http://www.federalreserveeducation.org/about-the-fed/history/

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