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 38
Page 21
... entourage he accepted at once. The young man—he was either twenty or twenty-two; the date of his bastard birth has long provoked dispute—didn't cut an imposing figure . A fellow officer recalled his first sight The Money Men 21.
... entourage he accepted at once. The young man—he was either twenty or twenty-two; the date of his bastard birth has long provoked dispute—didn't cut an imposing figure . A fellow officer recalled his first sight The Money Men 21.
Page 23
... didn't matter. “I think I have arguments that will easily con- vert her to mine.” She ought to be Christian but not Catholic. As to money in hand: “The larger stock of that the better. Money is an essential ingredient to happiness in ...
... didn't matter. “I think I have arguments that will easily con- vert her to mine.” She ought to be Christian but not Catholic. As to money in hand: “The larger stock of that the better. Money is an essential ingredient to happiness in ...
Page 26
... didn't depend on the bankers ' circumspection for the success of his scheme . Their self - interest in preserving the liquidity of the bank would prevent their overreaching . Moreover - and here Hamilton hit a point that would become ...
... didn't depend on the bankers ' circumspection for the success of his scheme . Their self - interest in preserving the liquidity of the bank would prevent their overreaching . Moreover - and here Hamilton hit a point that would become ...
Page 30
... didn't exactly threaten mayhem against the delegates, but the latter got the point. Hamilton hoped the unrest could be turned to account. “I have myself urged in Congress the propriety of unit- ing the influence of the public creditors ...
... didn't exactly threaten mayhem against the delegates, but the latter got the point. Hamilton hoped the unrest could be turned to account. “I have myself urged in Congress the propriety of unit- ing the influence of the public creditors ...
Page 33
... didn't alarm easily , thought conditions had reached a dire pass . " Good God ! " he wrote Knox . “ We are far gone in everything igno- ble and bad .... There are combustibles in every state , which a spark may set fire to . ” The Shays ...
... didn't alarm easily , thought conditions had reached a dire pass . " Good God ! " he wrote Knox . “ We are far gone in everything igno- ble and bad .... There are combustibles in every state , which a spark may set fire to . ” The Shays ...
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