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The National Banks and American Economic Development, 1870-1900
Hardcover
Series: Routledge Library Editions: History of Money, Banking and Fi, Book 11
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ISBN13: 9781138088795
Publisher: Routledge
Pages: 142
Weight: 0.84
Height: 0.38 Width: 6.14 Depth: 9.21
Language: English
This book, first published in 1985, is a study of the functioning of one sector of American capital markets - non-reserve city national banks - between 1870 and 1900. The unusually wide and deep expansion of the American economy in this period was impelled in part by the growth and development of agriculture, and this study examines the role of one source of loanable funds - banks chartered under the National Banking Acts - in providing American farmers with loans to expand and capitalize.
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