For every $100 of specie or currency in its vaults it can issue $250 worth of its own bank notes; and, besides, for every $100 deposited with it it can give almost $200 of credit.
Until Douglas MacArthur and his Australian and Dutch allies were richer in the specie of war, they would have to be content with joggling the Jap's elbow and spilling ink over the .
But Hamilton's bank was to be a specie bank or no bank at all.