Author: Thomas Payne GovanPublisher: Chicago, University of Chicago Press
ISBN:
Category : BANK OF THE UNITED STATES,1816-1836
Languages : en
Pages : 478
Book Description
Nicholas Biddle, Nationalist and Public Banker, 1786-1844
Author: Thomas Payne GovanPublisher: Chicago, University of Chicago Press
ISBN:
Category : BANK OF THE UNITED STATES,1816-1836
Languages : en
Pages : 478
Book Description
Nicholas Biddle
Author: Thomas P. GovanNationalist and Public Banker, 1786-1844
Author: Thomas Payne GovanReconstructing the National Bank Controversy
Author: Eric LomazoffPublisher: University of Chicago Press
ISBN: 022657945X
Category : Political Science
Languages : en
Pages : 264
Book Description
The Bank of the United States sparked several rounds of intense debate over the meaning of the Constitution’s Necessary and Proper Clause, which authorizes the federal government to make laws that are “necessary” for exercising its other powers. Our standard account of the national bank controversy, however, is incomplete. The controversy was much more dynamic than a two-sided debate over a single constitutional provision and was shaped as much by politics as by law. With Reconstructing the National Bank Controversy, Eric Lomazoff offers a far more robust account of the constitutional politics of national banking between 1791 and 1832. During that time, three forces—changes within the Bank itself, growing tension over federal power within the Republican coalition, and the endurance of monetary turmoil beyond the War of 1812 —drove the development of our first major debate over the scope of federal power at least as much as the formal dimensions of the Constitution or the absence of a shared legal definition for the word “necessary.” These three forces—sometimes alone, sometimes in combination—repeatedly reshaped the terms on which the Bank’s constitutionality was contested. Lomazoff documents how these three dimensions of the polity changed over time and traces the manner in which they periodically led federal officials to adjust their claims about the Bank’s constitutionality. This includes the emergence of the Coinage Clause—which gives Congress power to “coin money, regulate the value thereof”—as a novel justification for the institution. He concludes the book by explaining why a more robust account of the national bank controversy can help us understand the constitutional basis for modern American monetary politics.
New York City Mutual Savings Banks, 1819-1861
Author: Alan L. OlmsteadPublisher: UNC Press Books
ISBN: 1469648067
Category : History
Languages : en
Pages : 224
Book Description
These institutions were founded ostensibly for philanthropic purposes--to encourage and reward thrift on the part of society's lower classes. For purposes of analysis, Olmstead formulates an alternative hypothesis. Men organized mutuals for the same reason that impelled their other business ventures--the hope of profit. The author focuses on the internal operations of several banks and the important role they played in financing antebellum development. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.
The Early Republic and Antebellum America: An Encyclopedia of Social, Political, Cultural, and Economic History
Author: Christopher G. BatesPublisher: Routledge
ISBN: 1317457390
Category : History
Languages : en
Pages : 3424
Book Description
First Published in 2015. This text holds four volumes of essays and entries on the early Republic and Antebellum era in America spanning the end of the American Revolution in 1781 to the outbreak of Civil War in 1861. The Americans forged a new government in theory and then in practice, with the beginnings of industrialisation and the effects of urbanisation, widespread poverty, labour strife, debates around slavery and sectional discord. By the end of the nineteenth century American had a powerhouse economy, new technologies and the emergence of major social reform movements, creation of uniquely American art and literature and the conquest of the West. This encyclopaedia offers a historic reference.
Wall Street
Author: Walter WernerPublisher: Columbia University Press
ISBN: 9780231073028
Category : Business & Economics
Languages : en
Pages : 284
Book Description
Wall Street has a history far richer than the Hunts' attempt to corner the silver market and the development of the "junk bond." Walter Werner and Steven Smith explore the relationship between the securities markets and the historic development of the American economy in Wall Street, emphasizing the importance of the period 1790 through 1840. The book focuses on the corporate response to the capital needs of the developing economy, and the role of the securities markets in mobilizing and allocating that capital. Werner and Smith argue that a long view of our corporate history demonstrates that the line of development from the corporate system of 1790 is direct and continuous. The authors contend there was no corporate revolution; rather, each successive era set the stage for the next, and all have built on the foundations laid during the period from 1790-1840, which they call the Bank Age. The authors view the history of the corporate system as a process of continuous maturation where securities markets and public corporations have always been of vital importance to each other. Wall Street is written in non-technical language for the general reader and provides insight into the early years of the bull, the bear, and the buck.
Jefferson's Treasure
Author: Gregory MayPublisher: Simon and Schuster
ISBN: 1621577643
Category : History
Languages : en
Pages : 546
Book Description
George Washington had Alexander Hamilton. Thomas Jefferson had Albert Gallatin. From internationally known tax expert and former Supreme Court law clerk Gregory May comes this long overdue biography of the remarkable immigrant who launched the fiscal policies that shaped the early Republic and the future of American politics. Not Alexander Hamilton---Albert Gallatin. To this day, the fight over fiscal policy lies at the center of American politics. Jefferson's champion in that fight was Albert Gallatin---a Swiss immigrant who served as Treasury Secretary for twelve years because he was the only man in Jefferson's party who understood finance well enough to reform Alexander Hamilton's system. A look at Gallatin's work---repealing internal taxes, restraining government spending, and repaying public debt---puts our current federal fiscal problems in perspective. The Jefferson Administration's enduring achievement was to contain the federal government by restraining its fiscal power. This was Gallatin's work. It set the pattern for federal finance until the Civil War, and it created a culture of fiscal responsibility that survived well into the twentieth century.
The Federal Reserve System
Author: Rik W. HaferPublisher: Bloomsbury Publishing USA
ISBN: 0313062749
Category : Political Science
Languages : en
Pages : 486
Book Description
The Federal Reserve System, founded in 1913, is recognized as one of the most influential policy-making bodies in the United States. Its duties including managing the country's monetary policy, regulating and supervising banks, and monitoring the financial system, set it apart from other government agencies. Hafer provides a comprehensive explanation of the Federal Reserve System, describing its structure and process, policies, people, and key events. Arranged alphabetically, over 250 entries define and describe topics related to the Fed and United States monetary policy, including Alan Greenspan, Black Monday of 1929, Euro, Federal Reserve Act of 1913, Prime rate, and Treasury financing. Numerous appendices supplement the A-to- Z entries, providing insight into the secretive and powerful Federal Reserve Bank, the keepers of America's monetary system.
A Legal History of Money in the United States, 1774-1970
Author: James Willard HurstPublisher: Beard Books
ISBN: 9781587980985
Category : Business & Economics
Languages : en
Pages : 392
Book Description
Fascinating reading for those interested in the cause and effect relations between legal processes and economic processes and those concerned with separation of powers and public administration.