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Books > History > History of specific subjects > Economic history
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The Rise and Fall of a Frontier Entrepreneur - Benjamin Rathbun, Master Builder and Architect (Paperback, New)
Loot Price: R404
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The Rise and Fall of a Frontier Entrepreneur - Benjamin Rathbun, Master Builder and Architect (Paperback, New)
Series: New York State Series
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List price R498
Loot Price R404
Discovery Miles 4 040
You Save R94 (19%)
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The story of Benjamin Rathbun's ruin reads like a primer for the
scandals and studied neglect that triggered America's economic
crisis today. Banker, builder and architect, a revered citizen of
the flourishing American northwestern frontier-in the end he was
also a convicted forger. And his forgeries were of such gravity
that they added momentum to the Panic of 1837, the rapid collapse
of a system of credit and debt that brought down the young nation's
financial system. Rathbun was surely a rascal, but a rascal somehow
of great decency. In Buffalo, a half-built landscape was strewn
with Rathbun's broken vision. Concerned for the thousands who had
depended upon him, he begged for release from jail long enough to
fix the damage. Instead, he spent five years in prison shouldering
the blame for others who fled to Texas, beyond the reach of
American law.
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