The Origins of Commercial Banking in America, 1750-1800

3 avg rating
( 2 ratings by Goodreads )
 
9780742520875: The Origins of Commercial Banking in America, 1750-1800

The nature of America's early economy has been hotly contested for several decades. Historians have often focused on the question of when America became 'capitalist,' while economists have tried to determine when American economic growth sped up. In The Origins of Commercial Banking in America, Robert E. Wright argues that the ultimate causes of American economic development and transformation into a modern society can be reduced to the causes of American banking. In the first full analysis of the origins of American commercial banking since Bray Hammond's monumental study forty-five years ago, Wright skillfully examines the political and economic forces that contributed to the origins and rise of banks in cities such as Philadelphia, New York, and Boston, as well as in smaller towns servicing rural America. Wright expertly assesses the impact of the war for independence, Superintendent of Finance Robert Morris' policies under the Confederation, the economic and political effects of the postwar depression of 1784-86, the attempts of the Constitutional Convention of 1787 to address the country's economic problems, and Secretary of the Treasury Alexander Hamilton's financial program under the new Constitution. Wright looks at both the macro and micro sides of issues―how state and national governments addressed problems and chartered (and sometimes unchartered banks) as well as how private individuals tried to cope with the need to obtain capital and the effects on them of early bankruptcy laws. He describes the varied and sometimes arcane financial and commercial instruments that existed both before and after the establishment of banks, and how they fostered economic development. We are introduced to an emerging capitalist system struggling to provide capital needed by America's voracious economy. The Origins of Commercial Banking in America is essential reading for anyone interested in the political and economic origins of the early republic.

"synopsis" may belong to another edition of this title.

About the Author:

Robert E. Wright teaches at the University of Virginia.

Review:

This volume stands as the new starting point for gaining an understanding of the evolution of U.S. commercial banking. By revising the analytical model for all subsequent historians who embark on an examination of the origins of U.S. commercial banking, Robert Wright has made a major scholarly contribution. (Edwin J. Perkins H-Net: Humanities and Social Science Reviews Online)

Recommended for graduate and research collections. (CHOICE)

The many useful facts and characterizations of early American banking make this book a significant contribution. (Journal Of Economic History)

A welcome addition to this ongoing research effort. His extensive archival and secondary research enables Wright to paint a penetrating portrait of the development of one aspect of the nation's early financial history―commercial banks―and demonstrate that their appearance played a central role in the economic and social changes that swept Revolutionary America....The Origins of Commercial Banking is an impressive work that deserves a wide audience among historians of early America's economic and social life. (Business History Review)

This work is recommended for economic historians interested in financial and banking history and the revolutionary period. (American Historical Review)

Wright. . . carefully recounts the political battles between rising middling entrepreneurs and established commercial interests over what kinds of institutions they wished to create. (Enterprise & Society)

One of the strengths of this book of this book is that it approaches its subject by looking at the colonial economy and the impact of the Revolution. This work argues persuasively that illiquidity defied the colonial economy. This is a very useful study of early mercantile practice and the origins of commercial banking. (Journal of American History)

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Wright, Robert E.
Published by Rowman and Littlefield Publishers
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Quantity Available: > 20
Seller
INDOO
(Avenel, NJ, U.S.A.)
Rating
[?]

Book Description Rowman and Littlefield Publishers. Book Condition: New. Brand New. Bookseller Inventory # 0742520870

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 28.60
Convert Currency

Add to Basket

Shipping: US$ 3.50
Within U.S.A.
Destination, Rates & Speeds

2.

Robert E. Wright
Published by ROWMAN LITTLEFIELD, United States (2001)
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Paperback Quantity Available: 10
Seller
The Book Depository US
(London, United Kingdom)
Rating
[?]

Book Description ROWMAN LITTLEFIELD, United States, 2001. Paperback. Book Condition: New. New.. Language: English . Brand New Book. In The Origins of Commercial Banking in America, the first full analysis of the origins of American commercial banking since Bray Hammond s monumental study forty-five years ago, Robert E. Wright skillfully examines the political and economic forces that contributed to the origins and rise of banks in cities such as Philadelphia, New York, and Boston, as well as in smaller towns servicing rural America. Bookseller Inventory # ANB9780742520875

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 33.72
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

3.

Wright, Robert E.
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Quantity Available: > 20
Seller
Paperbackshop-US
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2001. PAP. Book Condition: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Bookseller Inventory # TR-9780742520875

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 36.12
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

4.

Wright, Robert E.
Published by Rowman & Littlefield Publishers
ISBN 10: 0742520870 ISBN 13: 9780742520875
New PAPERBACK Quantity Available: > 20
Seller
Mediaoutlet12345
(Springfield, VA, U.S.A.)
Rating
[?]

Book Description Rowman & Littlefield Publishers. PAPERBACK. Book Condition: New. 0742520870 *BRAND NEW* Ships Same Day or Next!. Bookseller Inventory # SWATI2131992837

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 37.94
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

5.

Robert E. Wright
Published by ROWMAN LITTLEFIELD, United States (2001)
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Paperback Quantity Available: 10
Seller
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description ROWMAN LITTLEFIELD, United States, 2001. Paperback. Book Condition: New. New.. Language: English . Brand New Book. In The Origins of Commercial Banking in America, the first full analysis of the origins of American commercial banking since Bray Hammond s monumental study forty-five years ago, Robert E. Wright skillfully examines the political and economic forces that contributed to the origins and rise of banks in cities such as Philadelphia, New York, and Boston, as well as in smaller towns servicing rural America. Bookseller Inventory # ANB9780742520875

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 47.84
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

6.

Robert E. Wright
Published by ROWMAN LITTLEFIELD, United States (2001)
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Paperback Quantity Available: 10
Seller
Book Depository hard to find
(London, United Kingdom)
Rating
[?]

Book Description ROWMAN LITTLEFIELD, United States, 2001. Paperback. Book Condition: New. New.. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. In The Origins of Commercial Banking in America, the first full analysis of the origins of American commercial banking since Bray Hammond s monumental study forty-five years ago, Robert E. Wright skillfully examines the political and economic forces that contributed to the origins and rise of banks in cities such as Philadelphia, New York, and Boston, as well as in smaller towns servicing rural America. Bookseller Inventory # BTE9780742520875

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 51.02
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

7.

Robert E. Wright
Published by Rowman & Littlefield Publishers (2001)
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Paperback Quantity Available: 1
Seller
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description Rowman & Littlefield Publishers, 2001. Paperback. Book Condition: New. Bookseller Inventory # DADAX0742520870

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 48.23
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

8.

Robert E. Wright
Published by Rowman & Littlefield Publishers (2001)
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Paperback Quantity Available: 1
Seller
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description Rowman & Littlefield Publishers, 2001. Paperback. Book Condition: New. book. Bookseller Inventory # 0742520870

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 55.30
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

9.

Wright, Robert E.
Published by Rowman & Littlefield Publisher (2001)
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Paperback Quantity Available: 3
Seller
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Rowman & Littlefield Publisher, 2001. Paperback. Book Condition: New. Bookseller Inventory # P110742520870

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 65.94
Convert Currency

Add to Basket

Shipping: US$ 2.99
Within U.S.A.
Destination, Rates & Speeds

10.

Robert E. Wright
ISBN 10: 0742520870 ISBN 13: 9780742520875
New Paperback Quantity Available: 1
Seller
AussieBookSeller
(SILVERWATER, NSW, Australia)
Rating
[?]

Book Description 2001. Paperback. Book Condition: New. Paperback. The nature of America's early economy has been contested for several decades. Historians have often focused on the question of when America became capitalist, while economists.Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. 224 pages. 0.308. Bookseller Inventory # 9780742520875

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 59.71
Convert Currency

Add to Basket

Shipping: US$ 37.00
From Australia to U.S.A.
Destination, Rates & Speeds