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
Results 1-5 of 39
Page 16
... on capitalists in one way or another. In his first inaugural address, after a brutal campaign fought over the money question, among others, Thomas Jefferson declared, “We are all Federalists, we are all Republicans.” Jeffer- 16 Prologue.
... on capitalists in one way or another. In his first inaugural address, after a brutal campaign fought over the money question, among others, Thomas Jefferson declared, “We are all Federalists, we are all Republicans.” Jeffer- 16 Prologue.
Page 17
H. W. Brands. declared, “We are all Federalists, we are all Republicans.” Jeffer- son's listeners knew the Federalists as the party of emerging capitalism, the Republicans as the party of nascent democracy. And they might have ...
H. W. Brands. declared, “We are all Federalists, we are all Republicans.” Jeffer- son's listeners knew the Federalists as the party of emerging capitalism, the Republicans as the party of nascent democracy. And they might have ...
Page 20
... declared. He enthusi- astically endorsed attempts to hit the British where it hurt the most: in the commerce that connected the American colonies to the motherland. “This commerce Great Britain has hitherto regu- lated to her own ...
... declared. He enthusi- astically endorsed attempts to hit the British where it hurt the most: in the commerce that connected the American colonies to the motherland. “This commerce Great Britain has hitherto regu- lated to her own ...
Page 25
... declared. “That power which holds the purse strings absolutely, must rule.” Hamilton proposed a drastic restructuring of the American government. Congress should have “complete sovereignty in all that relates to war, peace, trade ...
... declared. “That power which holds the purse strings absolutely, must rule.” Hamilton proposed a drastic restructuring of the American government. Congress should have “complete sovereignty in all that relates to war, peace, trade ...
Page 31
... declared the Annapolis meeting a success and, on behalf of the delegates, issued a call for a larger convention “to devise such further pro- visions as shall appear to them necessary to render the constitu- tion of the Federal ...
... declared the Annapolis meeting a success and, on behalf of the delegates, issued a call for a larger convention “to devise such further pro- visions as shall appear to them necessary to render the constitu- tion of the Federal ...
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