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.
Government of the United States, or in any Department or Officer thereofâ (Clause 18). This implied power gave Congress the power to pass the Federal Reserve Act in 1913, which created and Federal Reserve System as the central bank of the United States.