New York City Mutual Savings Banks 1819 1861
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Author | : Alan L. Olmstead |
Publisher | : UNC Press Books |
Total Pages | : 224 |
Release | : 2018-07-25 |
Genre | : History |
ISBN | : 1469648067 |
These institutions were founded ostensibly for philanthropic purposes--to encourage and reward thrift on the part of society's lower classes. For purposes of analysis, Olmstead formulates an alternative hypothesis. Men organized mutuals for the same reason that impelled their other business ventures--the hope of profit. The author focuses on the internal operations of several banks and the important role they played in financing antebellum development. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.
Author | : Kathleen D. McCarthy |
Publisher | : University of Chicago Press |
Total Pages | : 332 |
Release | : 2011-04-15 |
Genre | : Social Science |
ISBN | : 0226561992 |
Since the dawn of the republic, faith in social equality, religious freedom, and the right to engage in civic activism have constituted our national creed. In this bracing history, Kathleen D. McCarthy traces the evolution of these ideals, exploring the impact of philanthropy and volunteerism on America from 1700 to 1865. What results is a vital reevaluation of public life during the pivotal decades leading up to the Civil War. The market revolution, participatory democracy, and voluntary associations have all been closely linked since the birth of the United States. American Creed explores the relationships among these three institutions, showing how charities and reform associations forged partnerships with government, provided important safety valves for popular discontent, and sparked much-needed economic development. McCarthy also demonstrates how the idea of philanthropy became crucially wedded to social activism during the Jacksonian era. She explores how acts of volunteerism and charity became involved with the abolitionist movement, educational patronage, the struggle against racism, and female social justice campaigns. What resulted, she contends, were heated political battles over the extent to which women and African Americans would occupy the public stage. Tracing, then, the evolution of civil society and the pivotal role of philanthropy in the search for and exercise of political and economic power, this book will prove essential to anyone interested in American history and government.
Author | : Lance E. Davis |
Publisher | : Cambridge University Press |
Total Pages | : 1002 |
Release | : 2001-05-07 |
Genre | : Business & Economics |
ISBN | : 9781139427180 |
This study examines the impact of British capital flows on the evolution of capital markets in four countries - Argentina, Australia, Canada, and the United States - over the years 1870 to 1914. In substantive chapters on each country it offers parallel histories of the evolution of their financial infrastructures - commercial banks, non-bank intermediaries, primary security markets, formal secondary security markets, and the institutions that provide the international financial links connecting the frontier country with the British capital market. At one level, the work constitutes a quantitative history of the development of the capital markets of five countries in the late nineteenth century. At a second level, it provides the basis for a useable taxonomy for the study of institutional invention and innovation. At a third, it suggests some lessons from the past about modern policy issues.
Author | : Kenneth T. Jackson |
Publisher | : Yale University Press |
Total Pages | : 4282 |
Release | : 2010-12-01 |
Genre | : Reference |
ISBN | : 0300182570 |
Covering an exhaustive range of information about the five boroughs, the first edition of The Encyclopedia of New York City was a success by every measure, earning worldwide acclaim and several awards for reference excellence, and selling out its first printing before it was officially published. But much has changed since the volume first appeared in 1995: the World Trade Center no longer dominates the skyline, a billionaire businessman has become an unlikely three-term mayor, and urban regeneration—Chelsea Piers, the High Line, DUMBO, Williamsburg, the South Bronx, the Lower East Side—has become commonplace. To reflect such innovation and change, this definitive, one-volume resource on the city has been completely revised and expanded. The revised edition includes 800 new entries that help complete the story of New York: from Air Train to E-ZPass, from September 11 to public order. The new material includes broader coverage of subject areas previously underserved as well as new maps and illustrations. Virtually all existing entries—spanning architecture, politics, business, sports, the arts, and more—have been updated to reflect the impact of the past two decades. The more than 5,000 alphabetical entries and 700 illustrations of the second edition of The Encyclopedia of New York City convey the richness and diversity of its subject in great breadth and detail, and will continue to serve as an indispensable tool for everyone who has even a passing interest in the American metropolis.
Author | : Jonathan Levy |
Publisher | : Harvard University Press |
Total Pages | : 425 |
Release | : 2012-10-29 |
Genre | : Business & Economics |
ISBN | : 0674071123 |
Until the early nineteenth century, “risk” was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells the story of how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future. Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions—insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets—while posing inescapable moral questions. For at the heart of risk’s rise was a new vision of freedom. To be a free individual, whether an emancipated slave, a plains farmer, or a Wall Street financier, was to take, assume, and manage one’s own personal risk. Yet this often meant offloading that same risk onto a series of new financial institutions, which together have only recently acquired the name “financial services industry.” Levy traces the fate of a new vision of personal freedom, as it unfolded in the new economic reality created by the American financial system. Amid the nineteenth-century’s waning faith in God’s providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. Freaks of Fortune is one of the first books to excavate the historical origins of our own financialized times and risk-defined lives.
Author | : John Eatwell |
Publisher | : Springer |
Total Pages | : 869 |
Release | : 1992-10-14 |
Genre | : Business & Economics |
ISBN | : 1349117218 |
The first reference work ever to be awarded the Eccles Prize for Excellence in Economic Writing from Columbia Business School. Continuing in the tradition of The New Palgrave , this 3-volume set provides an unparalleled guide to modern money, banking and finance. In over 1,000 substantial essays by leading academic and professional authorities, it provides the most comprehensive analysis available of contemporary theory and the fast-evolving global monetary and financial framework. In its scope and depth of coverage, it is indispensable for the academic and practitioner alike.
Author | : Joshua Yates |
Publisher | : Oxford University Press |
Total Pages | : 633 |
Release | : 2011-03-01 |
Genre | : Social Science |
ISBN | : 0199772959 |
Thrift is a powerful and evolving moral ideal, disposition, and practice that has indelibly marked the character of American life since its earliest days. Its surprisingly multifaceted character opens a number of expansive vistas for analysis, not only in the American past, but also in its present. Thrift remains, if perhaps in unexpected and counter-intuitive ways, intensely relevant to the complex issues of contemporary moral and economic life. Thrift and Thriving in America is a collection of groundbreaking essays from leading scholars on the seminal importance of thrift to American culture and history. From a rich diversity of disciplinary perspectives, the volume shows that far from the narrow and attenuated rendering of thrift as a synonym of saving and scrimping, thrift possess an astonishing capaciousness and dynamism, and that the idiom of thrift has, in one form or another, served as the primary language for articulating the normative dimensions of economic life throughout much of American history. The essays put thrift in a more expansive light, revealing its compelling etymology-its sense of "thriving." This deeper meaning has always operated as the subtext of thrift and at times has even been invoked to critique its more restricted notions. So understood, thrift moves beyond the instrumentalities of "more or less" and begs the question: what does it mean and take to thrive? Thoroughly examining how Americans have answered this question, Thrift and Thriving in America provides fascinating insight into evolving meanings of material wellbeing, and of the good life and the good society more generally, and will serve as a perennial resource on a notion that has and will continue to shape and define American life.
Author | : Thorsten Beck |
Publisher | : Edward Elgar Publishing |
Total Pages | : 615 |
Release | : 2018-07-27 |
Genre | : Business & Economics |
ISBN | : 1785360515 |
This Handbook provides a comprehensive overview of the relationship between financial and real sector development. The different chapters, written by leading contributors in the field, survey research on the importance of financial development for economic growth, the causes and consequences of financial fragility, the historic development of financial systems in several major economies and regions of the world, and the regulatory and supervisory underpinnings of financial sector development.
Author | : Kenneth A. Scherzer |
Publisher | : Duke University Press |
Total Pages | : 388 |
Release | : 2014-12-01 |
Genre | : Social Science |
ISBN | : 0822398753 |
Stick ball, stoop sitting, pickle barrel colloquys: The neighborhood occupies a warm place in our cultural memory—a place that Kenneth A. Scherzer contends may have more to do with ideology and nostalgia than with historical accuracy. In this remarkably detailed analysis of neighborhood life in New York City between 1830 and 1875, Scherzer gives the neighborhood its due as a complex, richly textured social phenomenon and helps to clarify its role in the evolution of cities. After a critical examination of recent historical renderings of neighborhood life, Scherzer focuses on the ecological, symbolic, and social aspects of nineteenth-century community life in New York City. Employing a wide array of sources, from census reports and church records to police blotters and brothel guides, he documents the complex composition of neighborhoods that defy simple categorization by class or ethnicity. From his account, the New York City neighborhood emerges as a community in flux, born out of the chaos of May Day, the traditional moving day. The fluid geography and heterogeneity of these neighborhoods kept most city residents from developing strong local attachments. Scherzer shows how such weak spatial consciousness, along with the fast pace of residential change, diminished the community function of the neighborhood. New Yorkers, he suggests, relied instead upon the "unbounded community," a collection of friends and social relations that extended throughout the city. With pointed argument and weighty evidence, The Unbounded Community replaces the neighborhood of nostalgia with a broader, multifaceted conception of community life. Depicting the neighborhood in its full scope and diversity, the book will enhance future forays into urban history.
Author | : Robert E. Wright |
Publisher | : University of Chicago Press |
Total Pages | : 219 |
Release | : 2010-04-15 |
Genre | : History |
ISBN | : 0226910296 |
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.