An Early Anglo-American Financial Transaction1

Josephine Mayer and Robert A. East

Business History Review, 1937, vol. 11, issue 5, 88-96

Abstract: The institutions and techniques for aiding the flow of capital and credit have had a long history. But it is a history which is not well known, especially in its earlier stages. In America the business of dealing in credit was at first chiefly in the hands of merchants, and, immediately after independence was established, chartered commercial banks took up the work. Some of the larger banks served as financial wholesalers, mobilizing credit and loaning it to small banks which were essentially retailers.

Date: 1937
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:buhirw:v:11:y:1937:i:05:p:88-96_02

Access Statistics for this article

More articles in Business History Review from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().