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Which banking firm replaced Bird, Savage & Bird as U.S. agents?
š” The Answer
- After Bird, Savage & Bird failed in 1803, the U.S. Government needed a new agent.
- They appointed the merchant bankers Francis Baring & Co.
- Francis Baring & Co. were a well-known private banking house in London.
- This change ensured continued financial operations for the U.S. in Britain.
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