This book, first published in 1985, is a study of the functioning
of one sector of American capital markets - non-reserve city
national banks - between 1870 and 1900. The unusually wide and deep
expansion of the American economy in this period was impelled in
part by the growth and development of agriculture, and this study
examines the role of one source of loanable funds - banks chartered
under the National Banking Acts - in providing American farmers
with loans to expand and capitalize.
General
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