#54 The Epic Life of Cornelius Vanderbilt
Founders
The Importance of Constraints in American Commerce
Cornelius Vanderbilt had no way of knowing he was making the most important decision of his life then again not even Thomas Gibbons who saw a good deal could foresee how far reaching their collaboration would prove to be. In 1815 alone the number of American banks rose from 208 to 246 and the value of their circulating notes increased from 46 million to 68 million That year marked the start of Vanderbilt's rise as well as he both rode and added to the rising tide.
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