03012nam 22005892 450 991078278350332120151002020706.01-315-65273-01-317-31395-X1-317-31396-81-281-86864-797866118686421-85196-592-0(CKB)1000000000691887(EBL)368642(OCoLC)437236576(SSID)ssj0000260653(PQKBManifestationID)12085469(PQKBTitleCode)TC0000260653(PQKBWorkID)10243457(PQKB)10945418(MiAaPQ)EBC2126845(UkCbUP)CR9781851965922(EXLCZ)99100000000069188720141021d2009|||| uy| 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierTowards modern public finance the American war with Mexico, 1846-1848 /by James W. Cummings[electronic resource]London :Pickering & Chatto,2009.1 online resource (226 pages) digital, PDF file(s)Financial history ;no. 7Title from publisher's bibliographic system (viewed on 02 Oct 2015).1-85196-988-8 Includes bibliographical references and index.Financial and economic background -- Ideology, revenue and financial system -- The Loan of 1846 -- The Loan of 1847 -- Mexico's finances -- Making war pay: the Mexican assessments -- The Independent Treaty at War -- The Loan of 1848 -- Mexican indemnity and bounty land.This is the first in-depth study to address the financing of the American-Mexican War of 1846-48. Floating the Mexican War loans was the greatest single endeavour of the American financial community during the 1840s. Under President Polk, the Treasury issued three loans totalling 49 000 000. Investment bankers enthusiastically marketed these treasury notes and bonds directly to the international investing public. Cummings argues that the successful financing of the American-Mexican War had a long-term beneficial effect on American financial institutions and markets. At home, the stability of the Independent Treasury was assured, and abroad, America's international credit standing was restored. Most importantly, the dealing of government issue by investment bankers was a decisive step towards modern public finance.Financial history (London, England) ;no. 7.Mexican War, 1846-1848United StatesFinanceFinance, PublicUnited StatesHistory1801-1861Mexican War, 1846-1848Finance.Finance, PublicHistory336.7309034Cummings James William1500479UkCbUPUkCbUPBOOK9910782783503321Towards modern public finance3727221UNINA