The Money Men: Capitalism, Democracy, and the Hundred Years' War Over the American Dollar (Enterprise)W. W. Norton & Company, 2010 M11 1 - 240 pages An "insightful" (Publishers Weekly) history of the development of American capitalism and the men who made it great. Most Americans are familiar with the political history of the United States, but there is another history woven all through it, a largely forgotten history—the story of the money men. Acclaimed historian H. W. Brands brings them back to life: J. P. Morgan, who stabilized a foundering U.S. Treasury in 1907; Alexander Hamilton, who founded the first national bank, and Nicholas Biddle, under whose directorship it failed; Jay Cooke, who helped to finance the Union war effort through his then-innovative strategy of selling bonds to ordinary Americans; and Jay Gould, who tried to corner the market on gold in 1869 and as a result brought about Black Friday and fled for his life. |
From inside the book
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Page 11
... Bank War 57 3 The Bonds of Union 97 4 The Great Gold Conspiracy 131 5 The Transit of Jupiter 159 Epilogue: The Money Answer 199 Notes 207 For Further Reading 217 Acknowledgments 221 Index 223 The Money Men Prologue The Money Question or ...
... Bank War 57 3 The Bonds of Union 97 4 The Great Gold Conspiracy 131 5 The Transit of Jupiter 159 Epilogue: The Money Answer 199 Notes 207 For Further Reading 217 Acknowledgments 221 Index 223 The Money Men Prologue The Money Question or ...
Page 25
... bank was essential. Before long Hamilton would become America's leading authority on banking, but at this time he knew the subject only through his study of history and his attention to the affairs of other countries. Yet everything he ...
... bank was essential. Before long Hamilton would become America's leading authority on banking, but at this time he knew the subject only through his study of history and his attention to the affairs of other countries. Yet everything he ...
Page 26
... bank was the answer . Such a bank could float loans . in the form of notes that would circulate as currency , but the extent of the loans would depend on the solid assets — chiefly gold and silver at the bank's disposal . Hamilton ...
... bank was the answer . Such a bank could float loans . in the form of notes that would circulate as currency , but the extent of the loans would depend on the solid assets — chiefly gold and silver at the bank's disposal . Hamilton ...
Page 27
... bank . The country had all it could do to win the war . France had joined the American cause after the rebels ' first major victory , at Saratoga , but the American cause suffered a grievous blow when General Benedict Arnold defected ...
... bank . The country had all it could do to win the war . France had joined the American cause after the rebels ' first major victory , at Saratoga , but the American cause suffered a grievous blow when General Benedict Arnold defected ...
Page 30
... Confederation, but never found the right moment to introduce it. He left Congress shortly thereafter to study law. In 1784 Robert Morris, who had read Hamilton's plan for a national bank, proposed to create a 30 H. W. Brands.
... Confederation, but never found the right moment to introduce it. He left Congress shortly thereafter to study law. In 1784 Robert Morris, who had read Hamilton's plan for a national bank, proposed to create a 30 H. W. Brands.
Contents
15 | |
The Bank War | 57 |
The Bonds of Union | 97 |
The Great Gold Conspiracy | 131 |
The Transit of Jupiter | 159 |
The Money Answer | 199 |
Notes | 207 |
For Further Reading | 217 |
Index | 223 |
Other editions - View all
The Money Men: Capitalism, Democracy, and the Hundred Years' War Over the ... H. W. Brands No preview available - 2007 |
Common terms and phrases
Adams Alexander Hamilton Andrew Jackson Bank’s bankers Biddle’s Boutwell Bray Hammond British brokers Bryan bulls campaign capital capitalists central charter Chase Clay Cleveland Coin Congress Constitution Cooke’s Corbin Correspondence of Biddle currency Daniel Butterfield debt declared democracy democrats dollars election Erie Erie War ernment farmers favor federal government Federalists fight Fisk five-twenties gold and silver gold standard Grant greenbacks H. W. Brands Hamilton Henry House ibid interest investors issues J. P. Morgan Jay Cooke Jay Gould Jefferson knew Madison ment million money question money supply national bank never Nicholas Biddle notes Oberholtzer panic paper party Philadelphia politics president proposed purchase railroad Republicans Ron Chernow Roosevelt sell Senate sold specie speculators thought tion told took trade Treasury secretary U.S. Steel Union United Untermyer veto vote Wall Street wanted Washington wrote York