Title: Banks and Politics During the Progressive Era (RLE Banking & Finance): The Origins of the Federal Reserve System, 1897-1913 (Routledge Library Editions: Banking & Finance)
Publisher: Routledge
Publication Date: 2014
Language: English
ISBN 10: 0415751659
ISBN 13: 9780415751650
Binding: Soft cover
Condition: New

About this title

Synopsis

Despite the political potency of money and banking issues, historians have largely dismissed the Progressive Era political debate over banking as irrelevant and have been preoccupied with explaining the shortcomings, limitations and inadequacies of the Federal Reserve Act. The picture that has emerged is one of bankers controlling the course of financial reform with the assistance of political leaders who were either subservient, hopelessly naive or insincere in their public opposition to bankers. This book places their exertions in a larger, unfolding political context and traces in an analytical narrative the interplay of sectional and economic interests, political ideologies and partisan clashes that shaped the course of banking reform.

About the Author

Richard McCulley

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