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Show AN AARQN AARON BURR TRICK . In New York is the 71-story 71 story - - building of the Bank of ofManhattan ofManhattan ofManhattan Manhattan company , an instrtutio institution msbtutIQt . ' , whose history goes goesback goesback , back almost to the foundation of the government . It is isrecalled is isrecalled isrecalled recalled by a r recent ent wnter wuter writer that tlie the institution mstItutIon resulted resultedflom resultedfrom resultedfiom flom from the shrewd trick of a ] lawyer awye , , who was none other otherthan otherthan otherthan than the notorious Aaron Burr . At the time the bank was projected the gioup gloup group be- be behmd behind be behind - hind hmd it \ were vere \ ere "in in ' " in m ba bad I " politically and hence unable to ob- ob obtam obtain ob obtain - tain tam a bank charter . They organized orgall1zed a water company companyinstead instead companyinstead , but in m drawing drawmg the charter Buir BUll Burr ' addeda added a clause clausepenmttmg clausepermitting clausepermitting penmttmg permitting the company to engage also "in in "m m " other necessary neces- neces necessalY neces-saiy neces saiy - - - salY sary business busmess . " The other busm business business ss was construed to tomclude toinclude toinclude mclude include banking bankmg andIt and it has hac ha5 ; been earned carried call H d on ever since . . The stiucture shucture structure in m Wall str street et adjoins adorns adJOl s the lot formerly formerlyoccupIed formerlyoccupied formerlyoccupied occupIed by Fedeial Fedelal Federal Hall , , the first national capItol capitolwhere , , where Washington W.ashmgton Washmgton . took the oath of office as President President.That PresidentThat . . That tract is now the site of the sub-treasury sub treasury - . If Aaron Burr and his associates could look upon the uponthe scene today they would marvel at the development developmentwhich developmentwhich developmentwhich which has resulted from their clever scheme for fQr obtain obtain- obtaining - ing obtaining ing a bank charter . |