Read The Second Bank of the United States: "Central" banker in an era of nation-building, 1816-1836 (Routledge Explorations in Economic History)

The Second Bank of the United States: "Central" banker in an era of nation-building, 1816-1836 (Routledge Explorations in Economic History)

Jane Ellen Knodell

4.9/5 (25033 ratings)

Description:The year 2016 marks the 200th anniversary of the founding of the Second Bank of the United States (1816-1836). This book is an economic history of an early central bank, the Second Bank of the United States (1816-36). After US President Andrew Jackson vetoed the re-chartering of the Bank in 1832, the US would go without a central bank for the rest of the nineteenth century, unlike Europe and England. This book takes a fresh look at the role and legacy of the Second Bank. The Second Bank of the United States shows how the Bank developed a business model that allowed it to make a competitive profit while providing integrating fiscal services to the national government for free. The model revolved around the strategic use of its unique ability to establish a nationwide system of branches. This book shows how the Bank used its branch network to establish dominance in select money markets: frontier money markets and markets for bills of exchange and specie. These lines of business created synergies with the Bank's fiscal duties, and profits that helped cover their costs. The Bank's branch in New Orleans, Louisiana, became its geographic centre of gravity, in contrast with the state-chartered banking system, which was already, by the 1820s, centred around New York.This book is of great interest to those who study banking and American history, as well as economic students who have a great interest in economic history.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Second Bank of the United States: "Central" banker in an era of nation-building, 1816-1836 (Routledge Explorations in Economic History). To get started finding The Second Bank of the United States: "Central" banker in an era of nation-building, 1816-1836 (Routledge Explorations in Economic History), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN: 1317662768

Description: The year 2016 marks the 200th anniversary of the founding of the Second Bank of the United States (1816-1836). This book is an economic history of an early central bank, the Second Bank of the United States (1816-36). After US President Andrew Jackson vetoed the re-chartering of the Bank in 1832, the US would go without a central bank for the rest of the nineteenth century, unlike Europe and England. This book takes a fresh look at the role and legacy of the Second Bank. The Second Bank of the United States shows how the Bank developed a business model that allowed it to make a competitive profit while providing integrating fiscal services to the national government for free. The model revolved around the strategic use of its unique ability to establish a nationwide system of branches. This book shows how the Bank used its branch network to establish dominance in select money markets: frontier money markets and markets for bills of exchange and specie. These lines of business created synergies with the Bank's fiscal duties, and profits that helped cover their costs. The Bank's branch in New Orleans, Louisiana, became its geographic centre of gravity, in contrast with the state-chartered banking system, which was already, by the 1820s, centred around New York.This book is of great interest to those who study banking and American history, as well as economic students who have a great interest in economic history.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Second Bank of the United States: "Central" banker in an era of nation-building, 1816-1836 (Routledge Explorations in Economic History). To get started finding The Second Bank of the United States: "Central" banker in an era of nation-building, 1816-1836 (Routledge Explorations in Economic History), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

The Second Bank of the United States: "Central" banker in an era of nation-building, 1816-1836 (Routledge Explorations in Economic History)

The Second Bank of the United States: "Central" banker in an era of nation-building, 1816-1836 (Routledge Explorations in Economic History)

More Books

The Second Bank of the United States: "Central" Banker in an Era of Nation-building, 1816-1836

The Second Bank of the United States: "Central" Banker in an Era of Nation-building, 1816-1836