The National Banks and American Economic Development, 1870-1900

Download or read book The National Banks and American Economic Development, 1870-1900 written by Helen Hill Updike and published by Routledge. This book was released on 2017-08-07 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.