1 There are 1000 mL per liter, so convert by calculating (1 L / 1000 mL) x (2000 mL) = 2 liters of water.  Note that we arranged the conversion so that the mL units canceled out (one on top, one on bottom). If we had written it as 1000 mL / 1 L x 2000 mL we would end up with a nonsense result.
The Federal Reserve System: 1913 to DateFunctions of the Federal Reserve System. By 1913, America's economic growth both at home and abroad required a more flexible, yet better controlled and safer banking system.
The men who led the newly created Federal Reserve banks. The law that created them passed Congress a century ago, on Dec. 23, 1913. A century ago this week, Congress passed the Federal Reserve Act, creating a central bank for a nation that was only beginning its economic ascendance. This is the story of how it came to be, from a nearly catastrophic financial panic to secret meetings of plutocrats on the Georgia coast to the pitched battle in the halls of Congress, excerpted from The Alchemists: Three Central Bankers and a World on Fire.