Map of italy lake region for Often overlooked, the war bonds had multiple impacts on the economy beyond the obvious. They financed necessary defensive and offensive positions of a nation or state in foreign affairs, thus impacting foreign trade and exchange rates as well as stability of the market. Second, they also established a permanent link between the military and the arms industry both in peace and in war, a link that often directly impacts a capitalist economy. If such bonds are used to fund offensive war efforts such as the war with Mexico in 1848 (MEXICAN-AMERICAN WAR), then the dividends can be even greater. The acquisition of territory and resources provides more fuel for a capitalist-style economy. In 1792, the historic Buttonwood Agreement was reached between 24 significant merchants and brokers. The agreement was signed by all 24 members on Wall Street and marked the official emergence of a U. Map of italy lake region 2016.