Water chiller. A water chiller is a mechanical device used to facilitate heat exchange from water to a refrigerant in a closed loop system. The refrigerant is then pumped to a location where the waste heat is transferred to the atmosphere.
Banking in the United States before creation of the Federal Reserve System was, to say the least, chaotic. Early American Banking: 1791-1863. Banking in the America of 1863 was far from easy or dependable.
Congress created the Federal Reserve System in 1913 to serve as the central. bank of the United States and to provide the nation with a safer, more. the Fedâs role in banking and the economy has expanded, but its focus has. and maintain an effective and efficient payments system, to supervise. policy.