Maryland Historical Magazine PDF Download

Author: William Hand Browne
Publisher:
ISBN:
Category : Maryland
Languages : en
Pages : 442

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Book Description
Includes the proceedings of the Society.

Author: Roger Lowenstein
Publisher: Penguin
ISBN: 1101614129
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
A tour de force of historical reportage, America’s Bank illuminates the tumultuous era and remarkable personalities that spurred the unlikely birth of America’s modern central bank, the Federal Reserve. Today, the Fed is the bedrock of the financial landscape, yet the fight to create it was so protracted and divisive that it seems a small miracle that it was ever established. For nearly a century, America, alone among developed nations, refused to consider any central or organizing agency in its financial system. Americans’ mistrust of big government and of big banks—a legacy of the country’s Jeffersonian, small-government traditions—was so widespread that modernizing reform was deemed impossible. Each bank was left to stand on its own, with no central reserve or lender of last resort. The real-world consequences of this chaotic and provincial system were frequent financial panics, bank runs, money shortages, and depressions. By the first decade of the twentieth century, it had become plain that the outmoded banking system was ill equipped to finance America’s burgeoning industry. But political will for reform was lacking. It took an economic meltdown, a high-level tour of Europe, and—improbably—a conspiratorial effort by vilified captains of Wall Street to overcome popular resistance. Finally, in 1913, Congress conceived a federalist and quintessentially American solution to the conflict that had divided bankers, farmers, populists, and ordinary Americans, and enacted the landmark Federal Reserve Act. Roger Lowenstein—acclaimed financial journalist and bestselling author of When Genius Failed and The End of Wall Street—tells the drama-laden story of how America created the Federal Reserve, thereby taking its first steps onto the world stage as a global financial power. America’s Bank showcases Lowenstein at his very finest: illuminating complex financial and political issues with striking clarity, infusing the debates of our past with all the gripping immediacy of today, and painting unforgettable portraits of Gilded Age bankers, presidents, and politicians. Lowenstein focuses on the four men at the heart of the struggle to create the Federal Reserve. These were Paul Warburg, a refined, German-born financier, recently relocated to New York, who was horrified by the primitive condition of America’s finances; Rhode Island’s Nelson W. Aldrich, the reigning power broker in the U.S. Senate and an archetypal Gilded Age legislator; Carter Glass, the ambitious, if then little-known, Virginia congressman who chaired the House Banking Committee at a crucial moment of political transition; and President Woodrow Wilson, the academician-turned-progressive-politician who forced Glass to reconcile his deep-seated differences with bankers and accept the principle (anathema to southern Democrats) of federal control. Weaving together a raucous era in American politics with a storied financial crisis and intrigue at the highest levels of Washington and Wall Street, Lowenstein brings the beginnings of one of the country’s most crucial institutions to vivid and unforgettable life. Readers of this gripping historical narrative will wonder whether they’re reading about one hundred years ago or the still-seething conflicts that mark our discussions of banking and politics today.

Author: United States. Federal Communications Commission
Publisher:
ISBN:
Category : Broadcasting
Languages : en
Pages : 410

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Author: United States. Superintendent of Documents
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 2868

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Author: Uel W. Lamkin
Publisher:
ISBN:
Category : Henry County (Mo.)
Languages : en
Pages : 1014

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Author: Alison Thorne
Publisher:
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 298

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Book Description
She has deep personal roots in the politically conservative and predominantly Mormon culture in Utah and the West and worked well with people having varied perspectives and agendas, establishing effective connections and networks in seemingly hostile contexts. Her election to the local school board and appointment by governors from both parties, eventually as chair, to the statewide Governor's Committee on the Status of Women demonstrated this."--BOOK JACKET.

Author: Albert Clayton Beckwith
Publisher:
ISBN:
Category : Walworth County (Wis.)
Languages : en
Pages : 790

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Author: Maryland
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 856

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Author: Nathaniel Thompson Allison
Publisher:
ISBN:
Category : Cherokee County (Kan.)
Languages : en
Pages : 642

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Author: Charles H. Pennypacker
Publisher:
ISBN:
Category : History
Languages : en
Pages : 192

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Book Description
History of Downingtown, Chester County, Pa by Charles H Pennypacker, first published in 1909, is a rare manuscript, the original residing in one of the great libraries of the world. This book is a reproduction of that original, which has been scanned and cleaned by state-of-the-art publishing tools for better readability and enhanced appreciation. Restoration Editors' mission is to bring long out of print manuscripts back to life. Some smudges, annotations or unclear text may still exist, due to permanent damage to the original work. We believe the literary significance of the text justifies offering this reproduction, allowing a new generation to appreciate it.