Towards Modern Public Finance: The American War With Mexico 1846-1848 (Financial History)

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9781851969883: Towards Modern Public Finance: The American War With Mexico 1846-1848 (Financial History)

This is the first in-depth study to address the financing of the American-Mexican War of 1846-48. Floating the Mexican War loans was the greatest single endeavour of the American financial community during the 1840s. Under President Polk, the Treasury issued three loans totalling $49 000 000. Investment bankers enthusiastically marketed these treasury notes and bonds directly to the international investing public. Cummings argues that the successful financing of the American-Mexican War had a long-term beneficial effect on American financial institutions and markets. At home, the stability of the Independent Treasury was assured, and abroad, America's international credit standing was restored. Most importantly, the dealing of government issue by investment bankers was a decisive step towards modern public finance.

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Book Description Taylor Francis Ltd, United Kingdom, 2009. Hardback. Book Condition: New. 236 x 160 mm. Language: English . Brand New Book. Addresses the financing of the American-Mexican War of 1846-48. This study argues that the successful financing of the American-Mexican War had a long-term beneficial effect on American financial institutions and markets. Bookseller Inventory # AAZ9781851969883

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Book Description Taylor Francis Ltd, United Kingdom, 2009. Hardback. Book Condition: New. 236 x 160 mm. Language: English . Brand New Book. Addresses the financing of the American-Mexican War of 1846-48. This study argues that the successful financing of the American-Mexican War had a long-term beneficial effect on American financial institutions and markets. Bookseller Inventory # AAZ9781851969883

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Book Description Hardback. Book Condition: New. Not Signed; Addresses the financing of the American-Mexican War of 1846-48. This study argues that the successful financing of the American-Mexican War had a long-term beneficial effect on American financial institutions and markets. book. Bookseller Inventory # ria9781851969883_rkm

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Book Description Routledge, 2008. Book Condition: New. Addresses the financing of the American-Mexican War of 1846-48. This study argues that the successful financing of the American-Mexican War had a long-term beneficial effect on American financial institutions and markets. Series: Financial History. Num Pages: 240 pages, black & white illustrations. BIC Classification: 1KBB; 1KLCM; 3JH; HBJK; HBLL; JWL; KCZ. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 165 x 242 x 23. Weight in Grams: 498. . 2008. Hardcover. . . . . . Bookseller Inventory # V9781851969883

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