Hamilton believed that the inflation rampant in America caused by devaluation of paper currency in the states after the War for Independence could be remedied by creating a bank capable of borrowing money from foreign money creditors and with enough strength and popular support to engender faith and confidence necessary to inspire potential creditors (foreign and domestic) to loosen the purse strings
and loan America the money necessary, in Hamilton's opinion, to grow America into a world power.
She says by assembling a board of influential industry types, they hope to loosen the purse strings
of the provincial and federal governments into equally sharing costs with Laurentian to fund the $30-million project.
Charlie McCreevy, as Minister for Finance, was the person the various Ministers had to approach to loosen the purse strings
and he was very helpful over the years.
And, now that the transfer window has opened, a win over United might just tempt chairman Doug Ellis to loosen the purse strings
so that O'Leary can boost his paper-thin squad.
Unless Taylor persuades his board to loosen the purse strings
he could lose out to his old rival, as he did last season with Lennon.
IN A TOUGH MARKET, you need every competitive advantage to entice your lender to loosen the purse strings
Are organizations going to be able to loosen the purse strings
to allow for innovation?
The majority of us are still feeling the pinch money-wise, but are happy to loosen the purse strings
on a night out, with the average spend at [euro]81.
There's still no money to actually do anything, but Leslie is convinced that sending Ann on a date with finance guy Chris (Rob Lowe) might persuade him to loosen the purse strings
But a Ryan Taylor winner has changed the mood in the Newcastle camp and Pardew is hoping Ashley, who missed the 1-0 win yesterday, will loosen the purse strings
to sign strikerModibo Maiga, of Sochaux, and left-back Aly Cissokho, of Lyon.
Newcastle United 2 ALAN Pardew hopes Newcastle United's impressive performance in a 2-2 draw at Chelsea will help persuade owner Mike Ashley to loosen the purse strings
ahead of a busy summer in the transfer market.
The risk is that the cabinet, just like its predecessors, may loosen the purse strings
to maintain its popularity ahead of local and presidential polls in the autumn.
May knows his board are unlikely to loosen the purse strings
and admits he is bracing himself for Moutinho's exit.
Cashflow has been a major issue for firms as lenders have become reluctant to loosen the purse strings
That would help loosen the purse strings