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Library of Congress<br />

Hulton Deutsch<br />

I Montagu Norman (above) was head of the<br />

Bank of England during the first years of the<br />

Federal Reserve. He is shown here in 1931<br />

aboard the Duchess of York at Southampton.<br />

Norman frequently traveled to the U.S. to<br />

meet in secret with Benjamin Strong, head of<br />

the Federal Reserve. Strong agreed to use the<br />

Federal Reserve System to unofficially help<br />

Great Britain meet its financial obligations, and<br />

The crew of the Russian ship, Osliaba, posed for this photograph at Alexandria,<br />

Virginia, in 1863. Tsar Alexander II had dispatched his Baltic fleet to Alexandria and<br />

his Asiatic fleet to San Fransciso where they were committed to assist the Union<br />

-j<br />

blockade against the South. This had little to do with freeing the slaves. France ha

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