frontier? The money is important. You have to buy horses. You have to buy plows. You have to buy everything. There was no credit available to those who went to Louisiana Territory. The Central Bank was wholly focused on the situation along the East Coast. So having purchased Louisiana Territory, Jackson knew that we now had to advance into it. Capital was necessary, not capital for building large factories, but to do the basic fundamental things that had to be done. Among them building roads, canals, all the things to get them there. The Appalachian Trail was cut just before that. The... across the Appalachians. The Erie Canal had been done just before that. We were building the connecting tissue of the country. Otherwise Louisiana purchase made no sense. Now there had to be banks in the West. There had to be places where mortgages could be taken out, loans on getting plows, all the things that normal life would include. The Bank of the United States did not grasp that, did not want (37/44)
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