The Financiers of Philadelphia ... PDF Download

Author:
Publisher:
ISBN:
Category : Capitalists and financiers
Languages : en
Pages : 340

View

Book Description

Author:
Publisher:
ISBN:
Category : Capitalists and financiers
Languages : en
Pages : 207

View

Book Description

Author: Robert E. Wright
Publisher: University of Chicago Press
ISBN: 0226910296
Category : History
Languages : en
Pages : 219

View

Book Description
When Americans think of investment and finance, they think of Wall Street—though this was not always the case. During the dawn of the Republic, Philadelphia was the center of American finance. The first stock exchange in the nation was founded there in 1790, and around it the bustling thoroughfare known as Chestnut Street was home to the nation's most powerful financial institutions. The First Wall Street recounts the fascinating history of Chestnut Street and its forgotten role in the birth of American finance. According to Robert E. Wright, Philadelphia, known for its cultivation of liberty and freedom, blossomed into a financial epicenter during the nation's colonial period. The continent's most prodigious minds and talented financiers flocked to Philly in droves, and by the eve of the Revolution, the Quaker City was the most financially sophisticated region in North America. The First Wall Street reveals how the city played a leading role in the financing of the American Revolution and emerged from that titanic struggle with not just the wealth it forged in the crucible of war, but an invaluable amount of human capital as well. This capital helped make Philadelphia home to the Bank of the United States, the U.S. Mint, an active securities exchange, and several banks and insurance companies—all clustered in or around Chestnut Street. But as the decades passed, financial institutions were lured to New York, and by the late 1820s only the powerful Second Bank of the United States upheld Philadelphia's financial stature. But when Andrew Jackson vetoed its charter, he sealed the fate of Chestnut Street forever—and of Wall Street too. Finely nuanced and elegantly written, The First Wall Street will appeal to anyone interested in the history of the United States and the origins of its unrivaled economy.

Author: Philadelphia (Pa.). Office of the Director of Finance
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 24

View

Book Description

Author: Philadelphia (Pa.). Advisory Finance Commission
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 962

View

Book Description

Author: Domenic Vitiello
Publisher: University of Pennsylvania Press
ISBN: 0812242246
Category : Business & Economics
Languages : en
Pages : 272

View

Book Description
The Philadelphia Stock Exchange and the City It Made recounts the history of America's first stock exchange and the ways it shaped the growth and decline of the city around it. Founded in 1790, the Philadelphia Stock Exchange, its member firms, and the companies they financed had profound impacts on the city's place in the world economy. At its start, the exchange and its members helped spur the development of the early United States, its financial sector, and its westward expansion. During the nineteenth century, they invested in making Philadelphia the center of industrial America, raising capital for the railroads and coal mines that connected cities to one another and built a fossil fuel-based economy. After financing the Civil War, they underwrote the growth of the modern metropolis, its transportation infrastructure, utility systems, and real estate development. At the turn of the twentieth century, stagnation of the exchange contributed to Philadelphia's loss of power in the national and world economy. This original interpretation of the roots of deindustrialization holds important lessons for other cities that have declined. The exchange's revival following World War II is a remarkable story, but it also illustrates the limits of economic development in postindustrial cities. Unlike earlier eras, the exchange's fortunes diverged from those of the city around it. Ultimately, it became part of a larger, global institution when it merged with NASDAQ in 2008. Far more than a history of a single institution, The Philadelphia Stock Exchange and the City It Made traces the evolving relationship between the exchange and the city. For people concerned with cities and their development, this study offers a long-term history of the public-private partnerships and private sector-led urban development popular today. More generally, it traces the networks of firms and institutions revealed by the securities market and its participants. Herein lies a critical and understudied part of the history of metropolitan economic development.

Author: Ernest Minor Patterson
Publisher:
ISBN:
Category :
Languages : en
Pages : 72

View

Book Description

Author: Theodore Dreiser
Publisher:
ISBN:
Category : Capitalists and financiers
Languages : en
Pages : 796

View

Book Description
Set in 19th century Philadelphia and based on the life of flamboyant financier C.T. Yerkes, Dreiser's portrayal of the unscrupulous magnate Frank Cowperwood embodies the idea that behind every great fortune there is a crime. In Philly the protagonist is eventually imprisoned for embezzlement of public funds. He later leaves prison, departs for Chicago, makes another fortune, and becomes involved in still further shaddy practices. You don't read Dreiser for literary finesse, but his great intensity and keen journalistic eye give this portrait a powerful reality. The author wrote two subsequent novels based on the life of Yerkes: "The Titan" and "The Stoic." --Amazon.com.

Author: Stephen N. Winslow
Publisher: Forgotten Books
ISBN: 9781330326398
Category : Biography & Autobiography
Languages : en
Pages : 259

View

Book Description
Excerpt from Biographies of Successful Philadelphia Merchants During the years 1860 and '61 the Commercial List of Philadelphia, published a series of sketches, giving a lively account of the personal and private history of the Bank Presidents of that city, and also, in the same connection, some notice of the antecedents and career of the cashiers of the same institutions. The record was generally a fair one, though a few of the officials came off with drooping colors and a reputation far from enviable. As, however, no effort was made by the writers to suppress truth, and as there was much intrinsic merit in the sketches, they attracted a wide circle of readers, and were the subject of much attention among those interested in banks and banking, and in many classes of the business community who have heavy financial relations. These sketches, of so much interest to the banking community, would have been published in book form, for permanent preservation, profit and interest, both historically and locally, had it not been for the earnest protest, with but one exception, of the entire body of whom the sketches were the chronicle. Their value would have been considerable, as we know from experience. Think how interesting it would be to have a full, reliable local account of the operations of the great financier, Robert Morris, written all fresh and glowing with life, at the very time when Morris was carrying the financial burthen of the United States as he walked through the streets of the Quaker City. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Author: Philadelphia (Pa.). Advisory finance commission
Publisher:
ISBN:
Category : Philadelphia (Pa.)
Languages : en
Pages : 854

View

Book Description